SECURED PROMISSORY NOTE (REVOLVING)Secured Promissory Note • December 9th, 2008 • FSP Phoenix Tower Corp • Real estate • Massachusetts
For Value Received, FSP PHOENIX TOWER LIMITED PARTNERSHIP, a Texas limited partnership ("Maker"), hereby unconditionally promises to pay to the order of FRANKLIN STREET PROPERTIES CORP., a Maryland corporation (the payee and each successor holder of this Note being herein called the "Lender"), in lawful money of the United States of America and in immediately available funds, the principal sum of FIFTEEN MILLION DOLLARS AND 00/100 ($15,000,000.00), or, if less, the aggregate unpaid principal amount of all Advances (defined below) (the "Loan"), together with accrued and unpaid interest thereon, each due and payable on the dates and in the manner set forth below.
DEED OF TRUST, ASSIGNMENT OF RENTS AND LEASES, SECURITY AGREEMENT AND FIXTURE FILING FSP PHOENIX TOWER LIMITED PARTNERSHIP GRANTOR, AND FRANKLIN STREET PROPERTIES CORP. BENEFICIARY December 4, 2008Deed of Trust • December 9th, 2008 • FSP Phoenix Tower Corp • Real estate • Texas
THIS DEED OF TRUST, ASSIGNMENT OF RENTS AND LEASES, SECURITY AGREEMENT AND FIXTURE FILING (“Deed of Trust”), made this 4th day of December, 2008, by FSP PHOENIX TOWER LIMITED PARTNERSHIP, a Texas limited partnership (“Grantor”), whose address is 401 Edgewater Place, Suite 200, Wakefield, Massachusetts 01880-6210 to the RALPH G. SANTOS, ESQUIRE (“Trustee”), whose address is c/o Greenberg Traurig LLP, 2200 Ross Avenue, Suite 5200, Dallas, Texas 75201, for the use and benefit of FRANKLIN STREET PROPERTIES CORP., a Maryland corporation (“Beneficiary”), whose address is 401 Edgewater Place, Suite 200, Wakefield, Massachusetts 01880-6210.
