Vestin Fund Ii Llc Sample Contracts

Vestin Fund Ii Llc – INTERCREDITOR AGREEMENT (September 13th, 2005)

THIS INTERCREDITOR AGREEMENT, dated as of May 4, 2005, (this “Agreement”), is entered into by and between VESTIN MORTGAGE, INC., a Nevada corporation (“Vestin Mortgage”), VESTIN FUND I, LLC, a Nevada limited liability company (“Vestin Fund I”) and VESTIN FUND II, LLC, a Nevada limited liability company (“Vestin Fund II”) whose principal place of business and post office address is 8379 West Sunset Road, Las Vegas, Nevada 89113, (individually, “Lead Lender, or collectively, “Lead Lenders” and OWENS FINANCIAL GROUP, INC., a California corporation (“Owens Financial”) and Owens Mortgage Investment Fund, a California Limited Partnership (“Owens Mortgage Investment Fund”) whose principal place of business and post office address is 2221 Olympic Boulevard, Walnut Creek, California 94595, (individually, a “Lender”, or collectively, “Lenders”)

Vestin Fund Ii Llc – INTERCREDITOR AGREEMENT (September 13th, 2004)

EXHIBIT 10.2 INTERCREDITOR AGREEMENT THIS INTERCREDITOR AGREEMENT, dated as of January 17, 2003 (this "AGREEMENT"), is entered into by and between VESTIN MORTGAGE, INC., a Nevada corporation ("VESTIN MORTGAGE"), VESTIN FUND I, LLC., a Nevada limited liability company ("VESTIN FUND I") and VESTIN FUND II, LLC, a Nevada limited liability company ("VESTIN FUND II") whose principal place of business and post office address is 2901 El Camino Avenue, Suite 206, Las Vegas, Nevada 89102, (individually, "LEAD LENDER, or collectively, "LEAD LENDERS" and WESTERN UNITED LIFE ASSURANCE COMPANY, a Washington corporation ("WESTERN") whose principal place of business and post office address is W. 601 1st Avenue, Spokane, WA 99201, ("LENDER") RECITALS: A. Vestin Fund I is an SEC registered direct participation program that provides financing secured by deed

Vestin Fund Ii Llc – (Vestin Mortgage letterhead) (October 1st, 2003)

Exhibit 99.1 (Vestin Mortgage letterhead) September 30, 2003 Dear Investor: Over the past few years, we have enjoyed wonderful returns to investors while striving to preserve the principal of each and every investor. I am writing to you today on behalf of Vestin Mortgage, the manager of the Funds, regarding the current status of our Monthly Distribution Program. Even though the annualized return from distributions for the year is excellent compared to other investments in the Market, we are expecting a temporary reduction in the monthly distributions. The following factors contribute to such a fluctuation in the distributions from the Funds: 1. As many of you have requested, we are setting aside a portion of the cash flow typically used for distribution as additional reserve until the unit values are restored from their slight reduction last month. We hope to have the unit value restored as

Vestin Fund Ii Llc – VESTIN FUND II, LLC-BANK ESCROW AGREEMENT (June 11th, 2001)

1 EXHIBIT 10.1 DATE: FEBRUARY 1, 2001 SILVER STATE BANK 400 N. GREEN VALLEY PARKWAY HENDERSON, NEVADA 89014 ATTN: PETER S. CRAPO VESTIN FUND II, LLC-BANK ESCROW AGREEMENT Vestin Mortgage, Inc., a Nevada corporation, is the manager of Vestin Fund II, LLC, a Nevada limited liability company (the "company"), the issuer and registrant for an offering of shares of limited liability company interest of the Company ("Shares"), under a Registration Statement on Form S-11, filed with the Securities and Exchange Commission on December 21, 2000. The Shares will be offered and sold by Vestin Capital, Inc., a Nevada corporation (the "Dealer Manager") and other securities broker-dealers who participate with the Dealer Manager in the offering of the Shares. The terms of the offering require that the payments of the purchase price of the first 150,000 shares sold in the offering ($1,500,000) be placed in

Vestin Fund Ii Llc – VESTIN FUND II, LLC-BANK ESCROW AGREEMENT (May 22nd, 2001)

1 EXHIBIT 10.1 DATE: FEBRUARY 1, 2001 SILVER STATE BANK 400 N. GREEN VALLEY PARKWAY HENDERSON, NEVADA 89014 ATTN: PETER S. CRAPO VESTIN FUND II, LLC-BANK ESCROW AGREEMENT Vestin Mortgage, Inc., a Nevada corporation, is the manager of Vestin Fund II, LLC, a Nevada limited liability company (the "company"), the issuer and registrant for an offering of shares of limited liability company interest of the Company ("Shares"), under a Registration Statement on Form S-11, filed with the Securities and Exchange Commission on December 21, 2000. The Shares will be offered and sold by Vestin Capital, Inc., a Nevada corporation (the "Dealer Manager") and other securities broker-dealers who participate with the Dealer Manager in the offering of the Shares. The terms of the offering require that the payments of the purchase price of the first 150,000 shares sold in the offering ($1,500,000) be placed in