COMMERCIAL LOAN AGREEMENT Dated as of October 9, 2020 Between BT APARTMENT RENTALS LLC, a Kansas limited liability company, as Borrower and RED OAK CAPITAL FUND IV, LLC a Delaware limited liability company as Lender Loan No. ___________________________Commercial Loan Agreement • October 16th, 2020 • Red Oak Capital Fund IV, LLC • Real estate • Michigan
THIS LOAN AGREEMENT is made as of October 9, 2020 (this “Agreement”), between RED OAK CAPITAL FUND IV, LLC, a Delaware limited liability company, having an address at 625 Kenmoor Ave SE, Suite 200, Grand Rapids, Michigan 49546 (“Lender”) and BT APARTMENT RENTALS LLC, a Kansas limited liability company, having its principal place of business at c/o OKS Homes, S. Kansas Avenue, Topeka, Kansas 66612 (“Borrower”).
