MEZZANINE PROMISSORY NOTEMezzanine Promissory Note • February 7th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Virginia
BREOF UVA GP LLC, a Delaware limited liability company, BREOF UVA LLC, a Delaware limited liability company, PPC-UVA 15th Street Limited Partnership, a Texas limited partnership and PPC Charlottesville GP, Inc., a Texas corporation (“Borrowers”), FOR VALUE RECEIVED, promise to pay to the order of Behringer Harvard UVA, LLC, a Delaware limited liability company or its assigns (“Lender”), at such place as Lender may from time to time designate in writing, the principal sum of Six Million Forty Thousand Dollars ($6,040,000.00) or so much thereof as may from time to time have been advanced to Borrowers under this Note with Interest (as defined below) on the outstanding principal amount at the rates set forth herein.
