AMENDED AND RESTATED MASTER LOAN AGREEMENTMaster Loan Agreement • October 23rd, 2006 • NTS Realty Holdings Lp • Real estate investment trusts • Kentucky
THIS AMENDED AND RESTATED MASTER LOAN AGREEMENT (this “Agreement”) is made as of the 4th day of October, 2006, between NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership (“Borrower”), whose mailing address is 10172 Linn Station Road, Louisville, Kentucky 40223, and THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, a Wisconsin corporation, whose mailing address is 720 E. Wisconsin Avenue, Milwaukee, WI 53202 (the “Lender”).
MORTGAGE, SECURITY AGREEMENT AND FIXTURE FINANCING STATEMENTMortgage, Security Agreement and Fixture Financing Statement • October 23rd, 2006 • NTS Realty Holdings Lp • Real estate investment trusts • Kentucky
THIS MORTGAGE, SECURITY AGREEMENT AND FIXTURE FINANCING STATEMENT (this “Mortgage”) is made as of the 11th day of October, 2006, by NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership, 10172 Linn Station Road, Louisville, Kentucky 40223 (the “Borrower”) in favor of NATIONAL CITY BANK, a national banking association having its principal place of business located at One East Fourth Street, Cincinnati, Hamilton County, Ohio 45202 (the “Bank”).
PROMISSORY NOTEPromissory Note • October 23rd, 2006 • NTS Realty Holdings Lp • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership, 10172 Linn Station Road, Louisville, Kentucky (the “Borrower”), hereby unconditionally promises to pay to the order of NATIONAL CITY BANK, a national banking association (the “Bank”), as payee, having an office at One East Fourth Street, Cincinnati, Ohio 45202, Attention: Commercial Real Estate Division, or at such other place as the holder hereof may from time to time designate in writing, the principal sum of Thirty-Five Million Four Hundred Seventy-Seven Thousand Eight Hundred Ninety-Seven and 16/100 Dollars ($35,477,897.16) or so much as is actually drawn by Borrower hereunder in lawful money of the United States of America with interest thereon at the LIBOR Loan Rate in accordance with the terms of this Note.
