Construction Line of Credit Agreement Sample Contracts

Contract
Construction Line of Credit Agreement • August 31st, 2009

Mickey Mouse Minnie Mouse 123 Cat Lane Cheesecity, SOUTH DAKOTA 57104 Borrower's Name and Address"I/Me" means each borrower above, jointly and severally. Sioux Empire Federal Credit UnionP.O. Box 84627Sioux Falls, South Dakota 57118 Phone: (605) 367-7070 Credit Union's Name and Address"We" or "us" means the Credit Union named above. Account # Loan # 9999-99 Date of Loan March 2, 2005 Final Payment Date September 15, 2005 Line of Credit $ 200,000.00 Initial Advance $ 35,262.30 Minimum Advance Amount $ 100.00 Margin Added to Index 1.250% Draw Period 6 months Repayment Period 6 months with a Balloon Payment Date 15th of every Month

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