0001104659-20-075272 Sample Contracts

MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT
Mortgage, Security Agreement and Financing Statement • June 19th, 2020 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico

THIS MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT (“Mortgage”) is made effective as of the 19th day of June, 2020, by and between Lavender Fields, LLC, a New Mexico limited liability company (“Mortgagor”), having its mailing address at 333 Rio Rancho Drive, Suite 202, Rio Rancho, New Mexico 87124, for the benefit of BOKF, NA dba Bank of Albuquerque (“Mortgagee”), having an office and mailing address at 100 Sun Avenue NE, Suite 500, Albuquerque, New Mexico 87109, with reference to the following:

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GUARANTY AGREEMENT
Guaranty Agreement • June 19th, 2020 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico

THIS GUARANTY AGREEMENT (the “Guaranty”) is made by AMREP Southwest, Inc., a New Mexico corporation (the “Guarantor”), to and for the benefit of BOKF, NA dba Bank of Albuquerque (the “Lender”), with reference to the following:

DEVELOPMENT LOAN AGREEMENT
Development Loan Agreement • June 19th, 2020 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico

This DEVELOPMENT LOAN AGREEMENT (“Agreement”) is made and entered into effective as of June 19, 2020 (the “Effective Date”), among BOKF, NA dba Bank of Albuquerque (the “Lender”); and Lavender Fields, LLC, a New Mexico limited liability company (the “Borrower”), with reference to the following:

MORTGAGE, SECURITY AGREEMENT AND FIXTURE FILING
Mortgage, Security Agreement and Fixture Filing • June 19th, 2020 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico

THIS SECURITY INSTRUMENT COVERS GOODS WHICH ARE OR ARE TO BECOME FIXTURES, IS EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING AND IS TO BE FILED IN THE REAL ESTATE RECORDS.

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