MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT THIS MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT IS A LINE OF CREDIT MORTGAGE AS PROVIDED IN NMSA 1978 §48-7-4.B.Mortgage, Security Agreement and Financing Statement • September 23rd, 2020 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico
THIS MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT (“Mortgage”) is made effective as of the 22nd day of September, 2020, by and between Lomas Encantadas Development Company, 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:
GUARANTY AGREEMENTGuaranty Agreement • September 23rd, 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 AGREEMENTDevelopment Loan Agreement • September 23rd, 2020 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico
This Development Loan Agreement (“Agreement”) is made and entered into effective as of September 22, 2020 (the “Effective Date”), among BOKF, NA dba Bank of Albuquerque (the “Lender”); and Lomas Encantadas Development Company, LLC, a New Mexico limited liability company (the “Borrower”), with reference to the following:
