AGREEMENT FOR PURCHASE AND SALE OF DEBBIE REYNOLDS HOTEL & CASINO LAS VEGAS, NEVADA SELLER: DEBBIE REYNOLDS HOTEL & CASINO, INC. a Nevada corporation DEBBIE REYNOLDS RESORTS, INC. a Nevada corporation BUYER: ILX INCORPORATED an Arizona corporation or...Agreement • November 14th, 1996 • Ilx Inc/Az/ • Real estate dealers (for their own account) • Nevada
RECITALS: ---------Financing Agreement • November 14th, 1996 • Ilx Inc/Az/ • Real estate dealers (for their own account) • Pennsylvania
Borrower acknowledges and agrees that the outstanding unpaid principal balance remaining due to TAMMAC under the Loan, without offset, defense or counterclaim, as of the date of this First Modification Agreement, is: $1,193,627.46. -2-Loan and Security Agreement • November 14th, 1996 • Ilx Inc/Az/ • Real estate dealers (for their own account) • Pennsylvania
5. Collateral. As security for the payment and performance of the obligations hereunder, the undersigned has granted a security interest to Lender in and to the Collateral more particularly described in the Loan Agreement. 2Promissory Note • November 14th, 1996 • Ilx Inc/Az/ • Real estate dealers (for their own account) • Pennsylvania
