LOAN MODIFICATION AGREEMENTLoan Modification Agreement • May 5th, 2017 • Reven Housing REIT, Inc. • Real estate investment trusts • Florida
THIS LOAN MODIFICATION AGREEMENT (“Agreement”) is entered into as of March 21, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing Florida 2, LLC, a Delaware limited liability company (“Borrower”).
LOAN AGREEMENTLoan Agreement • May 5th, 2017 • Reven Housing REIT, Inc. • Real estate investment trusts • Texas
WHEREAS, the Lubbock National Bank (“LNB”), whose address is P.O. Box 6100, Lubbock, Texas 79493, has agreed to make a loan to Reven Housing Texas 2, LLC, a Delaware limited liability company (“Reven”), whose address is P.O. Box 1459, La Jolla, CA 92038-1459 in the amount of $5,020,000.00, to be used for the purchase of the below described property as follows (the “Property”):
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • May 5th, 2017 • Reven Housing REIT, Inc. • Real estate investment trusts • Texas
THIS LOAN MODIFICATION AGREEMENT (“Agreement”) is entered into as of April 4, 2017, by and between Silvergate Bank, a California corporation (“Lender”), and Reven Housing Texas, LLC, a Delaware limited liability company (“Borrower”).
