FIXED RATE NOTELoan Agreement • November 14th, 2003 • Bedford Property Investors Inc/Md • Real estate investment trusts
FOR VALUE RECEIVED, BEDFORD TOWNE CENTRE PLAZA, LLC, a Delaware limited liability company (hereinafter referred to as “Borrower”), promises to pay to the order of JPMORGAN CHASE BANK, a New York banking corporation, its successors and assigns (hereinafter referred to as “Lender”), at the office of Lender or its agent, designee, or assignee at 270 Park Avenue, New York, New York 10017, Attention: Loan Servicing, or at such place as Lender or its agent, designee, or assignee may from time to time designate in writing, the principal sum of TWENTY-FIVE MILLION AND NO/100 DOLLARS ($25,000,000.00), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Applicable Interest Rate (hereinafter defined) at all times prior to the occurrence of an Event of Default (as defined in the Security Instrument [hereinafter defined]), and to be paid in installments as set forth below. Unless otherwise herein
LOAN AGREEMENT Dated as of October 30, 2003 Between BEDFORD FEDERAL WAY II, LLC, as Borrower and BANK OF AMERICA, N.A., as LenderLoan Agreement • November 14th, 2003 • Bedford Property Investors Inc/Md • Real estate investment trusts
