Common Contracts

2 similar Mortgage and Security Agreement contracts by Shepherd's Finance, LLC

MORTGAGE AND SECURITY AGREEMENT
Mortgage and Security Agreement • December 15th, 2015 • Shepherd's Finance, LLC • Short-term business credit institutions • Florida

MAXIMUM LIEN. The total amount of indebtedness secured by this Mortgage may decrease or increase from time to time, but the maximum amount of principal indebtedness which may be outstanding at any one time shall not exceed Two Million Six Hundred Forty Thousand and 00/100 dollars ($2,640,000.00), plus interest, and amounts expended or advanced by Lender for the payment of taxes, levies or insurance on the Property, and interest on such amounts.

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Parcel Identification Number: RECORDATION REQUESTED BY: Shepherd's Finance, LLC 12627 San Jose Blvd, Ste. 203 Jacksonville, FL 32223 WHEN RECORDED MAIL TO: SEND TAX NOTICES TO: Eclipse Partners II, LLC
Mortgage and Security Agreement • November 9th, 2015 • Shepherd's Finance, LLC • Short-term business credit institutions • Florida
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