SENIOR SECURED LINE OF CREDITSenior Secured Line of Credit • May 31st, 2017 • BMC Capital, Inc. • Wholesale-jewelry, watches, precious stones & metals • Texas
For value received, BMC Capital, Inc. a Nevada corporation, having its principal office at 3267 Bee Caves Road 107-122 Austin, TX 78746 (“Borrower”), promises to pay to the order of Yuma Properties, LP, a Texas limited partnership (“Lender”), or any subsequent holder hereof, at 425 Carr 693 Suite 1 PMB 367 Dorado, PR 00646 , or at such other address as Lender shall from time to time specify in writing, the principal sum of ONE MILLION DOLLARS ($1,000,000.00), or such lesser amount as is advanced hereunder, in legal and lawful money of the United States of America, with interest on the outstanding principal from the date advanced until paid at the rate set out below. Interest shall be computed on a per annum basis of a year of 360 days and for the actual number of days elapsed, unless such calculation would result in a rate greater than the highest rate permitted by applicable law, in which case interest shall be computed on a per annum basis of a year of 365 days or 366 days in a leap
