PROMISSORY NOTE (Note B)Capital Lease Funding Inc • March 3rd, 2005 • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, CLF PARSIPPANY LLC, a Delaware limited liability company (“Maker”), having an address c/o Caplease, LP, 110 Maiden Lane, 36th Floor, New York, New York 10005, promises to pay to the order of CAPLEASE, LP, a Delaware limited partnership (“Payee”), at the office of Payee at 110 Maiden Lane, 36th Floor, New York, New York 10005, or at such other place as Payee may designate to Maker in writing from time to time, the principal sum of Four Million Forty-Seven Thousand Five Hundred Fifty-Nine and 28/100 Dollars ($4,047,559.28), together with interest on so much thereof as is from time to time outstanding and unpaid, from the date of the advance of the principal evidenced hereby, at the rate of five and twenty-six one-hundredths percent (5.26%) per annum (the “Note Rate”), together with all other amounts due hereunder or under the other Loan Documents (as defined herein), in lawful money of the United States of America, which shall at the time of payment b
