SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • November 14th, 2008 • United Development Funding III, LP • Miscellaneous business credit institution • Texas
FOR VALUE RECEIVED, the undersigned, UNITED DEVELOPMENT FUNDING LAND OPPORTUNITY FUND, L.P., a Delaware limited partnership (“Borrower”), hereby makes this Secured Line of Credit Promissory Note (as it may be amended, modified, renewed, extended, increased, superseded, or replaced from time to time, this “Note”) and promises to pay to the order of UNITED DEVELOPMENT FUNDING III, L.P., a Delaware limited partnership or its assigns (“Lender”), the sum of Twenty Five Million and NO/100 Dollars ($25,000,000.00), or, if greater or less, the aggregate outstanding principal amount of this Note, together with accrued, unpaid interest thereon, pursuant to the terms and conditions set forth in this Note. All amounts are payable to Lender in lawful money of the United States of America at the address for Lender provided in Section 1 of this Note, or at such other address as from time to time may be designated by Lender.
AMENDMENT TO RESOLVING SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • July 22nd, 2008 • Medallion Financial Corp • Finance services
This Amendment entered into as of July 15, 2008 by and between the undersigned Borrower (the “Borrower”) and NEW YORK COMMERCIAL BANK, successor in interest to ATLANTIC BANK (the “Bank”).
SECOND AMENDED AND RESTATED SECURED LINE OF CREDIT PROMISSORY NOTE U.S. $45,000,000.00 June 20, 2006 FOR VALUE RECEIVED, the undersigned, United Development Funding, L.P., a Nevada limited partnership (the "Borrower"), hereby makes this Second Amended...Secured Line of Credit Promissory Note • June 21st, 2006 • United Mortgage Trust • Real estate investment trusts • Texas
SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • November 3rd, 2008 • Lakes Entertainment Inc • Services-miscellaneous amusement & recreation • Arkansas
FOR VALUE RECEIVED, LAKES ENTERTAINMENT, INC. (the “Borrower”), does hereby covenant and promise to pay to the order of FIRST STATE BANK (“Lender”), or its successors or assigns, at Lender’s office at 620 Chestnut Street, Conway, Arkansas, 72032, or at such other place as the Lender may designate to the Borrower in writing from time to time, in legal tender of the United States, the sum of Eight Million and No/100 Dollars ($8,000,000.00) or such lesser sum as shall have been advanced hereunder pursuant to the Secured Line of Credit Loan Agreement, along with interest at the Interest Rate as provided herein. The credit relationship evidenced hereby shall be non-revolving in nature.
AMENDMENT TO RESOLVING SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • September 27th, 2007 • Medallion Financial Corp • Finance services
This Amendment entered into as of September 26, 2007 by and between the undersigned Borrower (the “Borrower”) and ATLANTIC BANK, a division of New York Commercial Bank (the “Bank”).
AMENDMENT TO RESOLVING SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • July 31st, 2009 • Medallion Financial Corp • Finance services
This Amendment entered into as of July 28, 2009 by and between the undersigned Borrower (the “Borrower”) and NEW YORK COMMERCIAL BANK, successor in interest to ATLANTIC BANK (the “Bank”).
Exhibit 10-2 SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • August 14th, 1998 • Ilx Resorts Inc • Real estate dealers (for their own account)
FIRST AMENDMENT TO SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • November 14th, 2008 • United Development Funding III, LP • Miscellaneous business credit institution
This First Amendment to Secured Line of Credit Promissory Note (this “Amendment”) effective as of the 26th day of August, 2008 (the “Effective Date”), is made and entered into by and between UNITED DEVELOPMENT FUNDING X, L.P., a Delaware limited partnership (“Borrower”), and UNITED DEVELOPMENT FUNDING III, L.P., a Delaware limited partnership (“Lender”).
SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • November 14th, 2008 • United Development Funding III, LP • Miscellaneous business credit institution • Texas
FOR VALUE RECEIVED, the undersigned, United Development Funding, L.P., a Delaware limited partnership, formerly a Nevada limited partnership (the “Borrower”), hereby makes this Secured Line of Credit Promissory Note (this “Note”) and promises to pay to the order of United Development Funding III, L.P., a Delaware limited partnership, or its assigns (the “Lender”), the sum of up to Forty-five Million and NO/100 Dollars ($45,000,000.00) in Principal (as hereinafter defined), or, if greater or less, the aggregate unpaid Principal amount advanced to Borrower under this Note, together with accrued, unpaid interest thereon, pursuant to the terms and conditions set forth in this Note. All amounts are payable to Lender in lawful money of the United States of America at the address for Lender provided in this Note, or at such other address as from time to time may be designated by Lender.
FIRST AMENDMENT TO SECURED LINE OF CREDIT PROMISSORY NOTESecured Line of Credit Promissory Note • August 12th, 2010 • United Development Funding IV • Real estate investment trusts
THIS FIRST AMENDMENT TO SECURED LINE OF CREDIT PROMISSORY NOTE (this “Amendment”) dated effective as of August 10, 2010 (the “Effective Date”), is by and between UNITED DEVELOPMENT FUNDING IV, a real estate investment trust organized under the laws of the state of Maryland (“Borrower”), and RALEY HOLDINGS, LLC, a Nevada limited liability company or its assigns (“Lender”).
