SECURITY AGREEMENTSecurity Agreement • April 24th, 2015 • Owens Realty Mortgage, Inc. • Real estate investment trusts • California
As of April 16, 2015, in connection with that certain Amended and Restated Credit Agreement and Amended and Restated Advance Formula Agreement, each dated April 16, 2015 by and among Owens Realty Mortgage, Inc., a Maryland corporation ("Borrower”), California Bank & Trust, as administrative agent for and on behalf of the Lenders (as defined therein) (in such capacity, the "Agent") and the Lenders party thereto, as amended, modified, extended, renewed or restated from time to time (collectively, the “Credit Agreement”), and for value received, the undersigned Borrower pledges, assigns and grants to Agent for and on behalf of the Lenders, a continuing security interest and lien (any pledge, assignment, security interest or other lien arising hereunder is sometimes referred to herein as a "security interest") in the Collateral (as defined below) to secure payment when due, whether by stated maturity, demand, acceleration or otherwise, of all existing and future Indebtedness (as defined in
AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • April 24th, 2015 • Owens Realty Mortgage, Inc. • Real estate investment trusts • California
This Amended and Restated Credit Agreement (“Agreement”) is entered into as of April 16, 2015, by and among the financial institutions from time to time signatory hereto (individually, a “Lender” and collectively, the “Lenders”), California Bank & Trust, as Administrative Agent for the Lenders (in such capacity, the “Agent”), and Owens Realty Mortgage, Inc., a Maryland corporation (“Borrower”). The Lenders are California Bank & Trust and First Bank and the terms “Lender” and “Lenders” includes Agent in its capacity as provider of Swing Line Loans.
AMENDED AND RESTATED ADVANCE FORMULA AGREEMENTAdvance Formula Agreement • April 24th, 2015 • Owens Realty Mortgage, Inc. • Real estate investment trusts • California
This Amended and Restated Advance Formula Agreement (the “Agreement”) is entered into as of April 16, 2015, by and among the financial institutions from time to time signatory hereto (individually, a “Lender” and collectively, the “Lenders”), California Bank & Trust, as Administrative Agent for the Lenders (in such capacity, the “Agent”), and Owens Realty Mortgage, Inc., a Maryland corporation (“Borrower”). The Lenders are California Bank & Trust and First Bank and the terms “Lender” and “Lenders” includes Agent in its capacity as provider of Swing Line Loans.
ADDENDUM TO CREDIT AGREEMENT (Agency Provisions)Credit Agreement • April 24th, 2015 • Owens Realty Mortgage, Inc. • Real estate investment trusts • California
THIS ADDENDUM TO CREDIT AGREEMENT (Agency Provisions) (this “Addendum”) is entered into as of April 16, 2015 by and among California Bank & Trust (“Agent”), each lender identified on Schedule 1 attached hereto and made a part hereof (individually, a “Lender” and, collectively, “Lenders”), and Owens Realty Mortgage, Inc., a Maryland corporation (“Borrower”). The Lenders are California Bank & Trust and First Bank and the terms “Lender” and “Lenders” includes Agent in its capacity as provider of Swing Line Loans.
