Agreement and Mortgage Sample Contracts
AGREEMENT AND MORTGAGEAgreement and Mortgage • May 21st, 2025
WHEREAS, Davidson County, a body politic and corporate of the State of North Carolina (hereinafter called Mortgagor) has applied to, received, and accepted from the United States Department of Commerce, Economic Development Administration (EDA), with an address at 900 Market Street, Room 602, Philadelphia, Pennsylvania, a grant under the Public Works and Economic Development Act of 1965 (42 U.S.C. § 3121 et seq.) (PWEDA) in the amount of $1,310,480 (EDA Grant Amount) pursuant to a Financial Assistance Award dated July 5, 2022, and bearing EDA Award No. 04-79-07704 (Award);