LOAN AGREEMENTLoan Agreement • November 22nd, 2021 • Manufactured Housing Properties Inc. • Real estate • Tennessee
THIS LOAN AGREEMENT is entered into effective as of November 12, 2021, by and between SPRINGLAKE MHP LLC, a Georgia limited liability company (“Borrower”), and FIRSTBANK, a Tennessee corporation (“Lender”).
GUARANTYGuaranty • November 22nd, 2021 • Manufactured Housing Properties Inc. • Real estate • Tennessee
THIS GUARANTY (“Guaranty”) is entered into effective as of November 12, 2021 by GVEST FINANCE LLC, a North Carolina limited liability company (“Guarantor,” whether one or more), with an address for notice of 136 Main Street, Pineville, NC 28134, for the benefit of FIRSTBANK, a Tennessee banking corporation, and its successors and assigns (“Lender”), with an address for notice of 520 W. Summit Hill Drive, Suite 801, Knoxville, Tennessee 37902.
ASSIGNMENT OF MANAGEMENT AGREEMENTAssignment of Management Agreement • November 22nd, 2021 • Manufactured Housing Properties Inc. • Real estate • Tennessee
This ASSIGNMENT OF MANAGEMENT AGREEMENT (this “Assignment”) is entered into effective as of November 12, 2021, by MOBILE HOME RENTALS LLC, a North Carolina limited liability company, whose address for notice is 136 Main Street, Pineville, NC 28134, Attention: Raymond M. Gee (the “Manager”), GVEST SPRINGLAKE HOMES LLC, a Delaware limited liability company, with a notice address of 136 Main Street, Pineville, NC 28134 (“Borrower”), and FIRSTBANK, a Tennessee banking corporation, with its address at 520 W. Summit Hill Drive, Suite 801, Knoxville, Tennessee 37902 (the “Lender”).
DEED TO SECURE DEBT, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILINGSecurity Agreement and Fixture Filing • November 22nd, 2021 • Manufactured Housing Properties Inc. • Real estate • Tennessee
This DEED TO SECURE DEBT, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (as amended, restated, replaced, supplemented, or otherwise modified from time to time, the “Security Instrument”) is executed effective as of November 12, 2021 by SPRINGLAKE MHP LLC, a Georgia limited liability company, whose address is 136 Main Street, Pineville, NC 28134, as grantor (“Borrower”), to and for the benefit of FIRSTBANK, a Tennessee corporation, whose address is 520 W. Summit Hill Dr., Suite 801, Knoxville, TN 37902, as grantee (“Lender”).
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 22nd, 2021 • Manufactured Housing Properties Inc. • Real estate • Tennessee
THIS LOAN AND SECURITY AGREEMENT (“Agreement”) is entered into effective November 12, 2021 (“Effective Date”), by and among GVEST SPRINGLAKE HOMES LLC, a Delaware limited liability company (“Borrower”), GVEST FINANCE LLC, a North Carolina limited liability company, and RAYMOND M. GEE (individually, each a “Guarantor” and collectively, “Guarantors”), and FIRSTBANK, a Tennessee banking corporation (“Lender”).
