Advance shall be a [LIBOR] [Floating Rate]
Advance.
[The applicable LIBOR Interest Period shall be _____________.]
The proceeds of the requested loan shall be directed to the following account:
Wiring Instructions:
(Bank Name)
(ABA No.)
(Beneficiary)
(Account No. to Credit)
(Notification Requirement)
In support of this request, Inland Real Estate Corporation hereby represents and
warrants to the Agent and the Lenders that acceptance of the proceeds of such
loan by the Borrower shall be deemed to further represent and warrant that all
requirements of Section 4.2 of the Credit Agreement in connection with such Loan
Advance have been satisfied at the time such proceeds are disbursed.
Date:_________________________________
Borrower:
Inland Real Estate Corporation
By:
_________________________________
Name:
_________________________________
Its:
_________________________________
SCHEDULE 1
SUBSIDIARIES
INLAND REAL ESTATE CORPORATION
TIN #36-3953261
INLAND REAL ESTATE LB I CORPORATION
TIN #36-4251215
INLAND REAL ESTATE LB I, LLC
TIN #36-4251217
INLAND JOLIET COMMONS, LLC
TIN #36-4246919
INLAND REAL ESTATE COLUMN I, LLC
TIN #36-4255068
INLAND REAL ESTATE BSC I CORPORATION
TIN #36-4286862
INLAND REAL ESTATE BSC I, LLC
TIN #36-4286863
INLAND RYAN, LLC
TIN #36-4311741
INLAND RYAN CLIFF LAKE, LLC
TIN #36-4311744
INLAND REAL ESTATE RANDALL SQUARE, LLC
TIN #36-4440033
INLAND WOODLANDS, LLC
TIN #36-4468417
INLAND REAL ESTATE AURORA COMMONS, LLC
TIN #36-4484515
INLAND REAL ESTATE-ILLINOIS, LLC
TIN #36-4334804
INLAND-MERRILLVILLE LLC
TIN #36-4458068
INLAND COMMERCIAL PROPERTY MGMT, INC.
TIN #36-3928433
INLAND REAL ESTATE ADVISORY SERVICES, LLC*
* INACTIVE
i
SCHEDULE 2
INDEBTEDNESS AND LIENS
(See Sections 5.13 and 6.16)
Indebtedness
Incurred By
Indebtedness
Owed To
Property
Encumbered
Maturity
and Amount
of Indebtedness
ii
SCHEDULE 3
LITIGATION
(See Section 5.6)
None.
iii
SCHEDULE 4
ENVIRONMENTAL MATTERS
(See Section 5.19)
None.
iv
SCHEDULE 5
Intentionally Deleted
v
SCHEDULE 6
LIST OF SUBSIDIARY GUARANTORS
Inland Real Estate-Illinois, LLC
Inland Merrillville LLC
Inland Ryan LLC
Inland Joliet Commons, LLC
Inland Commercial Property Management, Inc.
vi
AMENDED AND RESTATED NOTE
May 2, 2003
Inland Real Estate Corporation, a corporation organized under the laws of the
State of Maryland(the "Borrower"), promises to pay to the order of FLEET
NATIONAL BANK (the "Lender") the aggregate unpaid principal amount of all Loans
made by the Lender to the Borrower pursuant to Article II of the Credit
Agreement (as the same may be amended or modified, the "Agreement") hereinafter
referred to, in immediately available funds at the main office of KeyBank, NA in
Cleveland, Ohio, as Agent, together with interest on the unpaid principal amount
hereof at the rates and on the dates set forth in the Agreement.
The Borrower
shall pay remaining unpaid principal of and accrued and unpaid interest on the
Loans in full on the Facility Termination Date or such earlier date as may be
required under the Agreement.
The Lender shall, and is hereby authorized to, record on the schedule attached
hereto, or to otherwise record in accordance with its usual practice, the date
and amount of each Loan and the date and amount of each principal payment
hereunder.
This Note amends and restates in its entirety that certain Note dated as