Exhibit 10(f) SECOND AMENDED AND RESTATED SEASONAL LINE OF CREDIT NOTE $4,500,000.00 Hilton Head Island, S. C.Seasonal Line of Credit Note • January 17th, 2003 • Sea Pines Associates Inc • Hotels & motels
This Note shall bear interest from the date hereof at a rate per annum equal to the Adjusted LIBOR Index for the applicable one month Interest Period plus the Applicable Margin, all as defined in that certain Amended and Restated Master Credit Agreement dated the same date hereof by and between Maker and the initial Holder (the "Amended and Restated Master Credit Agreement").
