When recorded mail to: Gromet & AssociatesShopoff Properties Trust, Inc. • February 24th, 2012 • Real estate investment trusts
LOAN AGREEMENTLoan Agreement • February 24th, 2012 • Shopoff Properties Trust, Inc. • Real estate investment trusts
This Loan Agreement (this “Agreement”) is dated for reference purposes as of February 15, 2012, and is entered into by and between SPT-LAKE ELSINORE HOLDING CO., LLC, (“Borrower”), and CARDINAL INVESTMENT PROPERTIES-RAMSGATE, L.P., a California limited partnership (“Lender”), with reference to the following facts:
RIDER TO DEED OF TRUST WITH ASSIGNMENT OF RENTSShopoff Properties Trust, Inc. • February 24th, 2012 • Real estate investment trusts
This Rider to Deed of Trust with Assignment of Rents is hereby attached to and made a part of that certain Deed of Trust with Assignment of Rents (Long Form) (the “Trust Deed”) dated for reference purposes as of February 15, 2012, by and between SPT-LAKE ELSINORE HOLDING CO., LLC, a Delaware limited liability company (“Trustor”), CARDINAL INVESTMENT PROPERTIES-RAMSGATE, L.P., a California limited partnership (“Beneficiary”), and FIRST AMERICAN TITLE INSURANCE COMPANY, a California corporation (“Trustee”), with reference to the following matters:
SECURITY AGREEMENTSecurity Agreement • February 24th, 2012 • Shopoff Properties Trust, Inc. • Real estate investment trusts • California
THIS SECURITY AGREEMENT (this “Agreement”) is dated for reference purposes as of February 15, 2012, and is made by and between SPT-LAKE ELSINORE HOLDING CO., LLC, a Delaware limited liability company (the “Debtor”), and the CARDINAL INVESTMENT PROPERTIES-RAMSGATE, L.P., a California limited partnership (the “Secured Party”), with reference to the following facts:
