DEED OF TRUST NOTEDeed of Trust Note • March 16th, 2018 • FRP Holdings, Inc. • Real estate • Maryland
FOR VALUE RECEIVED, RIVERFRONT HOLDINGS I, LLC, a Delaware limited liability company (the “Borrower”), promises to pay to the order of EAGLEBANK (the “Lender”), at 11961 Tech Road, Lower Level, Silver Spring, Maryland 20904, or at such other place as the holder hereof may from time to time designate in writing, in lawful money of the United States of America, without defense, offset or counterclaim, the principal sum of Ninety Million and No/100 Dollars ($90,000,000.00), or so much thereof as may be advanced and outstanding hereunder or under the other Loan Documents (hereinafter defined), including without limitation any Protective Advances (hereinafter defined), together with interest as described below and in accordance with the following terms and provisions:
LOAN AGREEMENTLoan Agreement • March 16th, 2018 • FRP Holdings, Inc. • Real estate • Maryland
THIS LOAN AGREEMENT (as amended, modified or supplemented from time to time, this "Agreement"), dated as of the ___ day of November, 2017, by and between EAGLEBANK (the "Lender") and RIVERFRONT HOLDINGS I, LLC, a Delaware limited liability company (the “Borrower"), recites and provides:
