NOTELoan Agreement • August 15th, 2005 • Sten Corp • Surgical & medical instruments & apparatus
FOR VALUE RECEIVED, the undersigned (“Borrower”), jointly and severally, promises to pay in lawful money of the United States, to the order of Standard Insurance Company, an Oregon corporation (“Lender”), at its office in Hillsboro, Oregon, or such other place as Lender may designate, the principal amount of a loan (“Loan”) of Nine Hundred Ninety-Five Thousand and No/lOOths Dollars ($995,000.00), together with interest thereon, on the following agreements, terms and conditions.
MORTGAGE-SHORT-TERM MORTGAGE REDEMPTION, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILINGMortgage • August 15th, 2005 • Sten Corp • Surgical & medical instruments & apparatus
THIS MORTGAGE made this April 25, 2005, is between BTAC Properties, Inc., a Minnesota corporation (“Mortgagor”), and Standard Insurance Company, an Oregon corporation, whose Post Office Address is: 19225 NW Tanasbourne Drive, Hillsboro, OR 97124 (“Mortgagee”).
Return to: STANCORP MORTGAGE INVESTORS, LLC 19225 NW TANASBOURNE DRIVE HIILLSBORO, OR 97124 ATTN:Assignment of Lessor’s Interest in Leases • August 15th, 2005 • Sten Corp • Surgical & medical instruments & apparatus • Oregon
TH1S ASSIGNMENT made this April 25, 2005, is between BTAC Properties, Inc., a Minnesota corporation (“Assignor”) and Standard Insurance Company, an Oregon corporation (“Assignee”).
WHEN RECORDED MAIL TO: StanCorp Mortgage Investors, LLC PORTLAND, OREGON 97204 Attn:Assignment of Lessor’s Interest in Leases • August 15th, 2005 • Sten Corp • Surgical & medical instruments & apparatus
THIS ASSIGNMENT made this April 15, 2005, is between BTAC Properties, Inc., a Minnesota corporation (“Assignor”), whose address is 13828 Lincoln Street NE, Ham Lake, MN 55304, and Standard Insurance Company, an Oregon corporation, (“Assignee”), whose address is 19225 NW Tanasbourne Drive, Hillsboro, Oregon 97124. Notwithstanding anything to the contrary herein, the maximum principal indebtedness secured by this Assignment of Lessor’s Interest in Leases is $1,060,000.00.
