Browse
Search
2021-053-E Economic Dev-Boro Beverage Company loan amendment
OrangeCountyNC
>
Board of County Commissioners
>
Contracts and Agreements
>
General Contracts and Agreements
>
2020's
>
2021
>
2021-053-E Economic Dev-Boro Beverage Company loan amendment
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/9/2021 1:05:29 PM
Creation date
2/9/2021 12:02:54 PM
Metadata
Fields
Template:
Contract
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
27
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
DocuSign Envelope ID: E51 FEDB4-DE67-4E2D-A34B-153D3BEADB7E <br /> The Borrower may prepay the outstanding principal amount at its option at any time, in whole or in <br /> part,without penalty or premium. <br /> Each regular monthly payment and any prepayments shall be applied first to the payment of interest <br /> accrued to the payment date and then to principal." <br /> Section MANNER OF PAYMENT is hereby amended in its entirety to read as follows: <br /> All payments shall be made via Electronic Fund Transfer (EFT) payable to "Orange County." Any <br /> additional payments above the monthly payment amount collected through EFT, may be delivered or <br /> mailed to the County at its offices at 131 West Margaret Lane, Hillsborough, NC 27278.The County, <br /> however, by written notice to the Borrower under the Loan Agreement, may designate a different <br /> address for payments. All payments shall be made in legal tender of the United States of America. <br /> 5. Except as specifically modified and amended herein, all other terms, conditions and <br /> covenants contained in the Note shall remain in full force and effect. <br /> 6. All references in the Loan Documents to the "Note" shall mean the Note as hereby <br /> amended. <br /> 7. This Agreement shall be binding upon and inure to the benefit of the parties and their <br /> respective successors and assigns. <br /> [SIGNATURE PAGES IMMEDIATELY FOLLOW] <br /> IN WITNESS WHEREOF,the parties hereto have caused this Agreement to be duly executed by their duly <br /> authorized representatives, all as of the day and year first above written. <br /> BORROWER: <br /> BORO BEVERAGE COMPANY, LLC <br /> By: (,arl49fvi&sm <br /> �uaacas n zs c <br /> Name: Carly Erickson <br /> Title: Managing Member <br /> LENDER: <br /> Orange County <br /> By: �I�a �tlNwu lug <br /> Name: Bonnie Hammersley <br />
The URL can be used to link to this page
Your browser does not support the video tag.