AMENDED AND RESTATED MORTGAGE NOTEClipper Realty Inc. • May 11th, 2020 • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned ("Borrower") jointly and severally (if more than one) promises to pay to the order of New York Community Bank, a New York banking corporation, the principal sum of Three Hundred Twenty Nine Million and 00/100 Dollars (US $329,000,000.00), with interest accruing at the Interest Rate on the unpaid principal balance from the Disbursement Date until fully paid.
EXHIBIT “C” MORTGAGE, ASSIGNMENT OF LEASES AND RENTS AND SECURITY AGREEMENTAnd Security Agreement • May 11th, 2020 • Clipper Realty Inc. • Real estate investment trusts
Mortgage, Assignment of Leases and Rents and Security Agreement dated as of the 8th day of May, 2020 (“Mortgage”) given by Renaissance Equity Holdings LLC A, Renaissance Equity Holdings LLC B, Renaissance Equity Holdings LLC C, Renaissance Equity Holdings LLC D, Renaissance Equity Holdings LLC E, Renaissance Equity Holdings LLC F, and Renaissance Equity Holdings LLC G, each a New York limited liability company, and each with a principal place of business at 4611 12th Avenue, Suite 1L, Brooklyn, New York 11219 (individually and collectively, “Borrower” or “Mortgagor”), to New York Community Bank, a New York banking corporation, with a place of business at NYCB Plaza, 102 Duffy Avenue - 3rd Floor, Hicksville, New York 11801 (“Lender” or “Mortgagee”).
