0001144204-19-018477 Sample Contracts

OPEN-END MORTGAGE DEED, SECURITY AGREEMENT AND FIXTURE FILING
Sachem Capital Corp. • April 5th, 2019 • Real estate investment trusts • Connecticut
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INDEMNITY AGREEMENT
Indemnity Agreement • April 5th, 2019 • Sachem Capital Corp. • Real estate investment trusts • Connecticut

THIS INDEMNITY AGREEMENT (the “Indemnity”) is made as of the 29th day of March 2019 by and among, JOHN L. VILLANO, an individual with an address at 59 Northford Road, Branford, Connecticut 06405 and JEFFREY C. VILLANO, an individual with an address at 129 Catullo Drive, Guilford, Connecticut 06437 (the “Indemnitors”) and BANKWELL BANK, having an office at 208 Elm Street, New Canaan, Connecticut 06840 (the “Lender”).

MORTGAGE NOTE
Mortgage Note • April 5th, 2019 • Sachem Capital Corp. • Real estate investment trusts

FOR VALUE RECEIVED, the undersigned, SACHEM CAPITAL CORP., a New York corporation, having a mailing address of 23 Laurel Street, Branford, Connecticut 06405 (herein referred to as the “Borrower”), promises to pay to the order of BANKWELL BANK, having an office at 208 Elm Street, New Canaan, Connecticut 06840 (the “Lender”), the principal sum in the amount of SEVEN HUNDRED NINETY FIVE THOUSAND AND 00/100 U.S. DOLLARS (U.S. $795,000.00), plus interest, payable at the rate and in the manner provided in this Note (the “Loan”), together with all taxes assessed upon said sum (other than income or franchise taxes) against the holder, including without limitations the Lender, of this Note (the “Holder”) and any costs and expenses, including reasonable attorneys’ fees, incurred in the collection of this Note or in protecting or sustaining the lien of the same.

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