Note Indebtedness. Payment of the indebtedness evidenced by the Term Loan Note dated July 11, 2019, in the principal amount of $9,620,000.00 by Mortgagor and payable to Lender (as amended from time to time, the “Note”), with interest thereon, all as provided in the Notes and other Loan Documents, INCLUDING INTEREST RATE INCREASES OR DECREASES, MATURITY DATE EXTENSIONS, AND PAYMENT MODIFICATIONS (INCLUDING DEFERRALS OR ACCELERATIONS OF PRINCIPAL OR INTEREST). References herein to “Note” and “Loan” are to each such Note and related Loan.
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Sources: Mortgage, Security Agreement, Assignment of Leases and Rents (Lodging Fund REIT III, Inc.)
Note Indebtedness. Payment of the indebtedness evidenced by the Term Loan Note dated July 11, 2019of even date herewith, in the principal amount of $9,620,000.00 18,850,000, by Mortgagor and payable to Lender (as amended from time to timesuch note may be amended, modified, restated or renewed, the “Note”), with interest thereon, all as provided in the Notes Note and other Loan Documents, INCLUDING INTEREST RATE INCREASES OR DECREASES, MATURITY DATE EXTENSIONS, AND PAYMENT MODIFICATIONS (INCLUDING DEFERRALS OR ACCELERATIONS OF PRINCIPAL OR INTEREST). References herein to “Note” and “Loan” are to each such Note and related Loan.
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