0001104659-21-007199 Sample Contracts

MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT
Mortgage, Security Agreement and Financing Statement • January 25th, 2021 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico

THIS MORTGAGE, SECURITY AGREEMENT AND FINANCING STATEMENT (“Mortgage”) is made effective as of the 21st day of January, 2021, by and between Mountain Hawk West 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:

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GUARANTY AGREEMENT
Guaranty Agreement • January 25th, 2021 • 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 • January 25th, 2021 • Amrep Corp. • Periodicals: publishing or publishing & printing • New Mexico

This Development Loan Agreement (“Agreement”) is made and entered into effective as of January 21, 2021 (the “Effective Date”), among BOKF, NA dba Bank of Albuquerque (the “Lender”); and Mountain Hawk West Development Company LLC, a New Mexico limited liability company (the “Borrower”), with reference to the following:

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