LOAN AND SECURITY AGREEMENTLoan and Security Agreement • June 29th, 2020 • Woodbridge Liquidation Trust • Real estate • Florida
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) is dated and entered into as of June 19, 2020, by and among, (i) as co-Borrowers, WB PROPCO, LLC (“WB Propco”), and WB 141 S. CAROLWOOD, LLC (“WB Carolwood”), each a Delaware limited liability company (each a “Borrower” and collectively the “Borrowers”), jointly and severally, whose mailing address is at 14140 Ventura Boulevard, Suite 302, Sherman Oaks, California 91423, and (ii) as Guarantor, WOODBRIDGE WIND-DOWN ENTITY LLC, a Delaware limited liability company (“WWDE” or “Guarantor”), whose mailing address is as set forth in the Guaranty, and (iii) as Lender, CITY NATIONAL BANK OF FLORIDA, a national banking association (the “Lender”), whose address is 100 S.E. 2nd Avenue, 13th Floor, Miami, Florida 33131.
