Assignment and Assumption of Loan Sample Contracts

ASSIGNMENT AND ASSUMPTION OF LOAN
Assignment and Assumption of Loan • November 4th, 2009 • Secure America Acquisition CORP • Hotels & motels

This Assignment and Assumption of Loan (this “Assignment”) is dated as of the 29th day of October, 2009 (the “Effective Date”), by JDI ULTIMATE, L.L.C., a Delaware limited liability company, having an address at 852 N. Elston Avenue, Chicago, Illinois 60622 (“Assignor”), for the benefit of ULTIMATE RESORT HOLDINGS, LLC, a Delaware limited liability company, having an address at 3501 W. Vine Street, Suite 225, Kissimmee, Florida 34741 (“Assignee”).

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