0001104659-21-153900 Sample Contracts

GROUNDFLOOR REAL ESTATE 3, LLC INVESTOR AGREEMENT Effective: ___________, 2021
Investor Agreement • December 28th, 2021 • Groundfloor Real Estate 3, LLC • Real estate • Georgia

The following terms constitute a binding agreement (this “Agreement”) between you and Groundfloor Real Estate 3, LLC (the “Company,” “we,” or “us”). This Agreement, including the Terms and Conditions of Investment attached as Appendix A (the “Terms and Conditions”), each as amended from time to time, will govern all of your purchases of any and all limited recourse obligations (“LROs”) from the Company.

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FORM OF LOAN AGREEMENT
Form of Loan Agreement • December 28th, 2021 • Groundfloor Real Estate 3, LLC • Real estate • Georgia
FORM OF LRO AGREEMENT
Form of Lro Agreement • December 28th, 2021 • Groundfloor Real Estate 3, LLC • Real estate • Georgia

FOR PURPOSES OF SECTIONS 1272, 1273 AND 1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, THIS LIMITED RECOURSE OBLIGATION IS BEING ISSUED WITH ORIGINAL ISSUE DISCOUNT BECAUSE PAYMENTS ON THE SECURITY ARE DEPENDENT ON PAYMENTS ON THE CORRESPONDING LOAN BY THE DEVELOPER OF THE CORRESPONDING PROJECT. THE ISSUE PRICE OF THIS LIMITED RECOURSE OBLIGATION IS THE STATED PRINCIPAL AMOUNT, AND THE ISSUE DATE IS THE ORIGINAL ISSUE DATE, EACH AS IDENTIFIED BELOW. UPON REQUEST, THE COMPANY WILL PROMPTLY MAKE AVAILABLE TO THE HOLDER THE AMOUNT OF OID AND YIELD TO MATURITY OF THIS LIMITED RECOURSE OBLIGATION. A HOLDER SHOULD CONTACT GROUNDFLOOR LENDER SUPPORT AT (404) 850-9223 OR support@groundfloor.com.

AMENDED AND RESTATED OPERATING AGREEMENT OF GROUNDFLOOR REAL ESTATE 3, LLC (A Georgia Limited Liability Company) DATED: August 11, 2021
Operating Agreement • December 28th, 2021 • Groundfloor Real Estate 3, LLC • Real estate • Georgia

This AMENDED AND RESTATED OPERATING AGREEMENT (this “Agreement”) of GROUNDFLOOR REAL ESTATE 3, LLC (the “Company”), a limited liability company organized pursuant to the Georgia Limited Liability Company Act (the “Act”), is executed effective as of the date set forth on the cover page of this Agreement. Nick Bhargava is the sole member of the Company.

PROMISSORY NOTE
Groundfloor Real Estate 3, LLC • December 28th, 2021 • Real estate • Georgia

FOR VALUE RECEIVED, _________________, a ___________________ (“Borrower”), promises to pay to the order of ____________________ a Georgia ____________,11 or to the order of any subsequent holder of this Promissory Note (“Lender”), at Lender’s offices located at _____________________ (or at such other place as Lender may designate in writing from time to time), the principal sum of ________________________________ and no/100 Dollars ($_____________) (the “Loan”), payable in lawful money of the United States, together with interest thereon from the date hereof as hereinafter provided, or so much as is advanced pursuant to the Loan Agreement between Lender and Borrower dated ___________ ___, 20__ (as amended from time the time, the “Loan Agreement”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Loan Agreement.

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