GUARANTY AGREEMENTGuaranty Agreement • August 20th, 2021 • Angel Oak Mortgage, Inc. • Real estate • Texas
THIS GUARANTY AGREEMENT (this “Guaranty Agreement”) is executed as of August 16, 2021, by ANGEL OAK MORTGAGE, INC., a Maryland corporation (“Guarantor”), in favor of VERITEX COMMUNITY BANK, on behalf of itself and its Affiliates (“Lender”).
PROMISSORY NOTEAngel Oak Mortgage, Inc. • August 20th, 2021 • Real estate • Texas
FOR VALUE RECEIVED, ANGEL OAK MORTGAGE FUND TRS, a Delaware statutory trust, ANGEL OAK MORTGAGE REIT TRS, LLC, a Delaware limited liability company, and ANGEL OAK MORTGAGE OPERATING PARTNERSHIP, LP, a Delaware limited partnership (individually, collectively, interchangeably, and jointly and severally, “Borrower”), hereby promises to pay to the order of VERITEX COMMUNITY BANK ("Lender"), at the office of Lender located at 8214 Westchester Drive, Suite 400, Dallas, TX 75225, the principal amount of FIFTY MILLION AND NO/100 DOLLARS ($50,000,000.00) or such lesser principal amount as from time to time shall be outstanding hereunder, as reflected in the books and records of Lender, together with interest on the principal balance from time to time outstanding hereunder, from (and including) the date of disbursement until (but not including) the date of payment, at a per annum rate equal to the Stated Interest Rate specified below or, to the extent applicable, the Default Rate specified below
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 20th, 2021 • Angel Oak Mortgage, Inc. • Real estate • Texas
This LOAN AND SECURITY AGREEMENT is dated effective August 16, 2021, between VERITEX COMMUNITY BANK, a Texas state bank ("Lender"), with a place of business located at 8214 Westchester Drive, Suite 400, Dallas, TX 75225, and ANGEL OAK MORTGAGE REIT TRS, LLC, a Delaware limited liability company ("REIT Borrower"), having its principal place of business at 3344 Peachtree Rd., NE, Suite #1725, Atlanta, Georgia 30326, ANGEL OAK MORTGAGE FUND TRS, a Delaware statutory trust ("Trust Borrower"), having its principal place of business located at c/o Angel Oak Capital Advisors, LLC, 3344 Peachtree Road., NE, Suite #1725, Atlanta, Georgia 30326 and ANGEL OAK MORTGAGE OPERATING PARTNERSHIP, LP, a Delaware limited partnership ("Operating Borrower"), having its principal place of business at c/o Angel Oak Capital Advisors, LLC, 3344 Peachtree Road., NE, Suite #1725, Atlanta, Georgia 30326. All references to "Borrower" in this Agreement shall refer to each of REIT Borrower, Trust Borrower and Operat
