LOAN AND FINANCING AGREEMENTLoan and Financing Agreement • September 9th, 2016 • Universal Logistics Holdings, Inc. • Trucking (no local)
This Loan and Financing Agreement ("Agreement") made September 6, 2016, by and between FLAGSTAR BANK, F.S.B., a federally chartered savings bank ("Bank"), whose address is 5151 Corporate Drive, Troy, Michigan 48098-2639, and UTSI FINANCE, INC., a Michigan corporation ("Borrower") having the address of 12755 E. Nine Mile Road, Warren, Michigan, 48089.
COMMERCIAL MORTGAGE THIS IS A FUTURE ADVANCE MORTGAGECommercial Mortgage • September 9th, 2016 • Universal Logistics Holdings, Inc. • Trucking (no local) • Michigan
THIS COMMERCIAL MORTGAGE ("Mortgage") is made on September 6, 2016, by and between the Grantor, as herein defined, and FLAGSTAR BANK, FSB, a federally chartered savings bank (together with its successors and/or assigns, "Bank"), whose address is 5151 Corporate Drive, Troy, Michigan 48098.
PROMISSORY NOTEPromissory Note • September 9th, 2016 • Universal Logistics Holdings, Inc. • Trucking (no local)
This Promissory Note (Term Loan) (this “Note”) has been executed pursuant to that certain Loan and Financing Agreement of even date between Bank and the Borrower (as amended, restated or otherwise superseded from time to time, the “Loan Agreement”). Capitalized terms used but not otherwise defined in this Note have the meanings given them in the Loan Agreement. This Note is issued pursuant to the Loan Agreement. This Note is secured by a Commercial Mortgage against property commonly known as 28925 and 29129 Ecorse Road, Romulus, Michigan.
