BUSINESS LOAN AGREEMENTBusiness Loan Agreement • October 21st, 2005 • Exactech Inc • Orthopedic, prosthetic & surgical appliances & supplies • Florida
THIS BUSINESS LOAN AGREEMENT between Borrower and Lender for the purposes set forth herein as Borrower’s obligation, is made and executed on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans and other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. All such loans and financial accommodations, together with all future loans and financial accommodations from Lender to Borrower, are referred to in this Agreement individually as the “Loan” and collectively as the “Loans.” Borrower understands and agrees that: (a) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements, as set forth in this Agreement; (b) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (c)all such Loans
MORTGAGE AND SECURITY AGREEMENTMortgage and Security Agreement • October 21st, 2005 • Exactech Inc • Orthopedic, prosthetic & surgical appliances & supplies • Florida
MORTGAGE AND SECURITY AGREEMENT dated October 18, 2005, (together with any amendments or modifications hereto in effect from time to time, the “Mortgage”), between EXACTECH, INC., a Florida corporation , 2320 NW 66th Court (“Mortgagor”) and SUNTRUST BANK, having an office at 5080 W. Newberry Road, Gainesville, Florida, 32607 (“Mortgagee”).
