retention contract, lease or consignment intended as a security device, or
any other security or lien interest whatsoever whether created by law, contract,
or otherwise.
BUSINESS LOAN AGREEMENT
(Continued)
Page 7
BORROWER ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS BUSINESS LOAN
AGREEMENT AND BORROWER AGREES TO ITS TERMS. THIS BUSINESS LOAN AGREEMENT IS
DATED FEBRUARY 10, 2020.
BORROWER :
LODGING FUND REIT Ill OP, LP
LODGING FUND REIT III, INC., General Partner of Lodging Fund Reit III OP, LP
By:
/s/ Katie Cox
Katie Cox, Chief Financial Officer of Lodging FundReit III, Inc
LENDER:
WESTERN STATE BANK
By:
/s/ Ryan Rued
Ryan Rued, VP/Business Banking Officer