AGREEMENT OF PURCHASE AND SALE OF MEMBERSHIP INTEREST AND JOINT ESCROW INSTRUCTIONSPurchase and Sale Agreement • November 12th, 2015 • Medbox, Inc. • Air-cond & warm air heatg equip & comm & indl refrig equip • California
This AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS (“Agreement”) is made and entered into as of this day of July, 2015, by and among EAST WEST SECURED DEVELOPMENT, LLC, an Arizona limited liability company, as seller (“Seller”), and Medbox, Inc., a Nevada corporation, as buyer (“Buyer”).
DEED OF TRUST, SECURITY AGREEMENT, AND FINANCING STATEMENT EWSD I LLC as Grantor, THE PUBLIC TRUSTEE OF THE COUNTY OF PUEBLO, STATE OF COLORADO, as Trustee, and SOUTHWEST FARMS, INC., as Lender Dated as of August 7, 2015 SOME OF THE PERSONAL PROPERTY...Deed of Trust, Security Agreement, and Financing Statement • November 12th, 2015 • Medbox, Inc. • Air-cond & warm air heatg equip & comm & indl refrig equip • Colorado
THIS DEED OF TRUST, SECURITY AGREEMENT AND FINANCING STATEMENT (this “Deed of Trust”) is made as of August 7, 2015, by EWSD I LLC, an Arizona limited liability company (referred to as “Grantor”), to the PUBLIC TRUSTEE OF PUEBLO COUNTY, COLORADO (“Trustee”), for the use and benefit of SOUTHWEST FARMS, INC., a Colorado corporation (“Lender”).
SECURED PROMISSORY NOTESecured Promissory Note • November 12th, 2015 • Medbox, Inc. • Air-cond & warm air heatg equip & comm & indl refrig equip • Colorado
For value received, EWSD I LLC, an Arizona limited liability company, EAST WEST SECURED DEVELOPMENTS, LLC, an Arizona limited liability company, BRIAN LOISELLE, an individual, and TODD JOHNSON, an individual (together, jointly and severally, the “Borrower”’) promise to pay to the order of SOUTHWEST FARMS, INC., a Colorado corporation (together with its successors and assigns, the “Lender”), the principal amount of THREE MILLION SIX HUNDRED SEVENTY THOUSAND AND NO/100THS DOLLARS ($3,670,000.00) pursuant the terms of this Note, with interest thereon as provided below.
