COLLATERAL ASSIGNMENT OF NOTES AND DOCUMENTSCollateral Assignment of Notes and Documents • October 27th, 2017 • Shepherd's Finance, LLC • Short-term business credit institutions
THIS ASSIGNMENT, Made as of the 23 day of October, 2017, from SHEPHERD’S FINANCE, LLC, a Delaware limited liability company (“Borrower”), to PAUL SWANSON (the “Lender”).
PROMISSORY NOTEPromissory Note • October 27th, 2017 • Shepherd's Finance, LLC • Short-term business credit institutions • Florida
FOR VALUE RECEIVED, the undersigned, SHEPHERD’S FINANCE, LLC, a Florida limited liability company (“Borrower”) with an office at 13241 Bartram Park Boulevard, Suite 2401, Jacksonville, Florida 32258, promises to pay to the order of Paul Swanson, (“Lender”), with an address at 128 Sota Drive, Jupiter, Florida 33458, or at such other place or places as Lender from time to time may designate in writing, the principal sum of Four Million Dollars and No Cents ($4,000,000.00), or if different from such amount, the unpaid principal balance of this Note, in lawful money of the United States, together with accrued interest thereon at the rate and times hereinafter provided, calculated on the principal balance of this Note from time to time outstanding.
LINE OF CREDIT AGREEMENTLine of Credit Agreement • October 27th, 2017 • Shepherd's Finance, LLC • Short-term business credit institutions • Florida
This Line of Credit Agreement (“Agreement”), dated as of the 23rd day of October 2017, by and between SHEPHERD’S FINANCE, LLC, a Delaware limited liability company, having an address at 12627 San Jose Blvd., Suite 203, Jacksonville, FL 32223 (“Borrower”),
