Common Contracts

2 similar Mortgage Note contracts by Electric City Corp

AMENDED AND RESTATED MORTGAGE NOTE
Mortgage Note • December 15th, 2005 • Electric City Corp • Electronic & other electrical equipment (no computer equip)

WHEREAS, the undersigned, ELECTRIC CITY CORP., a Delaware corporation, and GREAT LAKES CONTROLLED ENERGY CORPORATION, a Delaware corporation (collectively, “Borrowers” individually, a “Borrower”), have executed and delivered to the order of AMERICAN CHARTERED BANK, an Illinois state banking association (“Bank”), an Amended and Restated Mortgage Note dated December 31, 2004, in the original principal amount of $598,000.00 (the “Prior Note”); and

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AMENDED AND RESTATED MORTGAGE NOTE
Mortgage Note • January 4th, 2005 • Electric City Corp • Electronic & other electrical equipment (no computer equip)

WHEREAS, the undersigned, ELECTRIC CITY CORP., a Delaware corporation, and GREAT LAKES CONTROLLED ENERGY CORPORATION, a Delaware corporation (collectively, “Borrowers” individually, a “Borrower”), have executed and delivered to the order AMERICAN CHARTERED BANK, an Illinois state banking association (“Bank”), a Mortgage Note dated September 30, 2003, in the original principal amount of $640,000.00 with a principal balance of $598,000 now outstanding (the “Prior Note”); and

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