SECOND AMENDED AND RESTATED WAREHOUSING CREDIT AGREEMENTWarehousing Credit Agreement • August 15th, 2005 • Washtenaw Group Inc • Mortgage bankers & loan correspondents • Kentucky
THIS SECOND AMENDED AND RESTATED WAREHOUSING CREDIT AGREEMENT (as amended, modified and restated from time to time, this “Credit Agreement”) is made and effective as of the 30th day of August, 2004, by and among (i) WASHTENAW MORTGAGE COMPANY, a Michigan corporation with its principal place of business located at 3767 Ranchero Drive, Ann Arbor, Michigan 48108 (the “Company”), (ii)(a) NATIONAL CITY BANK OF KENTUCKY, a national banking association with a place of business located at 101 South Fifth Street, Louisville, Kentucky 40202 (“National City”), (b) COMERICA BANK, a Michigan banking corporation with its principal place of business located at 500 Woodward Avenue, MC:3256, Detroit, Michigan 48226 (“Comerica”), and COLONIAL BANK, N.A., a national banking association with its principal place of business located at 201 East Pine Street, Suite 730, Orlando, Florida 32801 (“Colonial”) (National City, Comerica and Colonial are hereinafter referred to individually as a “Bank” and collective
SUBORDINATION AGREEMENTSubordination Agreement • August 15th, 2005 • Washtenaw Group Inc • Mortgage bankers & loan correspondents • Kentucky
THIS SUBORDINATION AGREEMENT (the “Subordination Agreement”) is made, entered into and effective as of the 29th day of June, 2005, by and among (a) WASHTENAW MORTGAGE COMPANY, a Michigan corporation (the “Company”), (b) CHARLES HUFFMAN, SR., an individual resident of Naples, Florida (the “Shareholder-Creditor”), and (c) NATIONAL CITY BANK OF KENTUCKY, in its capacity as Agent for the hereinafter defined Senior Banks (in such capacity, the “Agent”).
