EXHIBIT (B)(1) MASTER LOAN AGREEMENT This Loan Agreement dated effective February 26, 1999, is by and between AMREP SOUTHWEST, INC. ("Borrower"), a New Mexico corporation, and NORWEST BANK NEW MEXICO, N.A. ("Bank"), a state banking corporation. This...Master Loan Agreement • May 4th, 2000 • Amrep Corp • Operative builders • New Mexico
