Syndicated Promissory Note Sample Contracts

SYNDICATED PROMISSORY NOTE
Syndicated Promissory Note • July 1st, 2008 • Grubb & Ellis Healthcare REIT, Inc. • Real estate investment trusts • Illinois

THIS SYNDICATED PROMISSORY NOTE, (the “Note”) is made in Chicago, Illinois as of June 26, 2008 by G&E HEALTHCARE REIT MEDICAL PORTFOLIO 3, LLC, a Delaware limited liability company (“Borrower”) for the benefit of Fifth Third Bank, a Michigan banking corporation (“Bank”), in the original principal amount of Twenty Nine Million and No/100 Dollars ($29,000,000.00), as provided herein and as provided in that certain Loan Agreement (the “Loan Agreement”) dated as of even date herewith by and among Borrower, Fifth Third Bank (“Agent”) and the other financial institutions identified therein.

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