Document:

Exhibit 10.1

 

AMENDMENT TO
 AMENDED AND RESTATED LOAN AGREEMENT

 

This AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (the “Amendment”) is executed and delivered by and among BANK OF AMERICA, N.A., a national banking association, as Administrative Agent (together with its successor and assigns “Administrative Agent”) for the ratable benefit of BANK OF AMERICA, N.A. (“Bank of America”) and REGIONS BANK, an Alabama banking corporation (“Regions Bank”) (Bank of America and Regions Bank, together with their respective successors and assigns, are collectively referred to herein as the “Lenders”) and BHFS I, LLC, a Delaware limited liability company, BHFS II, LLC,  a Delaware limited liability company, BHFS Ill, LLC, a Delaware limited liability company, BHFS IV, LLC, a Delaware limited liability company, BHFS Theater, LLC, a Delaware limited liability company, and Behringer Harvard Frisco Square LP, a Delaware limited partnership (collectively, the “Borrowers”). Borrowers, Administrative Agent, and Lenders are hereinafter each called a “Party” and collectively the “Parties.”

 

RECITALS

 

A.                               Effective on or about December 27, 2012, the Parties executed that certain Amended and Restated Loan Agreement (“Loan Agreement”) regarding the reinstatement, renewal, modification and extension of the Notes under the Loan Documents, evidencing the Loan.

 

B.                               The Parties desire to amend the Loan Agreement to revise the maturity dates of the Notes.

 

C.                               Capitalized terms used in this Amendment without definition herein have the meaning given to them in the Loan Agreement.

 

AGREEMENT

 

In consideration of the recitals and of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender, Borrowers, and Guarantors agree as follows:

 

1.                                 Maturity Date. The definition of “Maturity Date” located in Exhibit “D” of the Agreement is deleted in its entirety and replaced with the following:

 

“Maturity Date” means, as to each Loan, February 1, 2018, as it may be earlier terminated or extended in accordance with the terms hereof”

 

2.                                 Execution and Delivery. This Amendment may be executed in any number of counterparts, and all counterparts taken together shall constitute a single executed agreement. This Amendment may be delivered electronically, including, but not limited to, in the form of a facsimile copy, subsequently confirmed by delivery of the original executed document.

 

3.                                 Notice of Final Agreement. THIS AMENDMENT REPRESENTS THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY

 

1

 

EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN LENDER AND ANY OF THE PARTIES.

 

IN WITNESS WHEREOF the parties have executed this Amendment this 29th day of March, 2013.

 

	
 
    	
ADMINISTRATIVE   AGENT and LENDER:
    
	
 
    	
 
    
	
 
    	
BANK OF AMERICA, N.A., a national banking
   association
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael E. Olson
    
	
 
    	
 
    	
Michael E. Olson, Senior   Vice President
    
	
 
    	
 
    
	
 
    	
LENDER:
    
	
 
    	
 
    
	
 
    	
REGIONS BANK,
   an Alabama corporation
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
B. Lynn Johnston, Sr.   Vice President
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Cutcliff
    
	
 
    	
 
    	
John Cutcliff, Sr. Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BORROWERS:
    
	
 
    	
 
    
	
 
    	
BHFS I, LLC, a Delaware   limited liability company
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael O’Hanlon 
    
	
 
    	
 
    	
Michael O’Hanlon 
    
	
 
    	
 
    	
President and Chief   Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BHFS II, LLC, a Delaware limited liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael O’Hanlon 
    
	
 
    	
 
    	
Michael O’Hanlon 
    
	
 
    	
 
    	
President and Chief   Executive Officer
    

 

2

 

	
 
    	
BHFS III, LLC, a Delaware limited liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon 
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BHFS IV, LLC, a Delaware limited liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon 
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BHFS THEATER, LLC, a Delaware limited liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon 
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
BEHRINGER HARVARD FRISCO SQUARE LP,
   a Delaware limited partnership
    
	
 
    	
 
    
	
 
    	
 
    	
By:
    	
BP-FS GP, LLC, a Delaware limited liability
   company, its general partner
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ Michael J. O’Hanlon
    
	
 
    	
 
    	
 
    	
Michael J. O’Hanlon, President and 
    
	
 
    	
 
    	
 
    	
Chief Executive Officer
    
						

 

3Exhibit 10.2

 

AMENDMENT TO PROMISSORY NOTE

 

This Amendment to Promissory Note (this “Amendment”) is made and entered into by and between BANK OF AMERICA. N.A., a national banking association, as Administrative Agent (together with its successor and assigns. “Administrative Agent”) for the ratable benefit of BANK OF AMERICA, N.A. (“Bank of America”) and REGIONS BANK, an Alabama banking corporation (“Regions Bank”) (Bank of America and Regions Bank, together with their respective successors and assigns, are collectively referred to herein as the “Lenders”) and BHFS I, LLC, a Delaware limited liability company (“BHFS I”), BHFS II, LLC, a Delaware limited liability company (“BHFS II”), BHFS III, LLC, a Delaware limited liability company (“BHFS III”), BHFS IV, LLC, a Delaware limited liability company (“BHFS IV”), BHFS Theater, LLC, a Delaware limited liability company, and Behringer Harvard Frisco Square LP, a Delaware limited partnership (collectively, the “Borrowers”), as of the Effective Date (as hereinafter defined.)Borrowers, Administrative Agent, and Lenders are hereinafter each called a “Party” and collectively the “Parties.”

 

RECITALS

 

WHEREAS, BHFS I, BHFS II, BHFS III, BHFS IV (collectively, the “Syndicated Borrowers”), Lenders and Administrative Agent entered into a lending transaction on July 28, 2008, as evidenced by certain promissory notes (collectively, the “Original Notes”), and governed by that certain Loan Agreement, as amended from time to time prior to the date hereof (“Loan Agreement”), whereby the Syndicated Borrowers obtained loans from the Lenders in the aggregate original principal amount of $57,779,019.00 (“Original Syndicated Loan”);

 

WHEREAS, the Original Notes matured on January 28, 2012, and as a result of such maturity, all amounts owed by Syndicated Borrowers under the Loan Agreement became due and payable on that date, after which time Syndicated Borrowers were in default;

 

WHEREAS, on June 13, 2012, Borrowers filed voluntary petitions for relief commencing bankruptcy cases under Chapter 11 of the United States Bankruptcy Code, Jointly administered under Bankruptcy Case No. 12-41581, in the United States Bankruptcy Court for the Eastern District of Texas, Sherman Division (the “Bankruptcy Court”);

 

WHEREAS, Borrowers subsequently filed Debtors Amended Joint Consolidated Plan of Reorganization (the “Plan”) in the Bankruptcy Court, which was confirmed on December 20, 2012 by that certain Order issued by the Bankruptcy Court;

 

WHEREAS, pursuant to the Plan, Borrowers, Administrative Agent and Lenders entered into that certain Amended and Restated Loan Agreement dated December 27, 2012 (herein called, as it may hereafter be modified, supplemented, restated, extended, or renewed and in effect from time to time, the “A/R Loan Agreement”). which supersedes the Loan Agreement and sets forth the modified terms and conditions of a loan (the “Loan”) to Borrowers for the reinstatement, renewal, extension and modification of the Original Notes;

 

WHEREAS, pursuant to the Plan and the A/R Loan Agreement, Borrowers must reimburse Lenders a certain amount, which amount represents certain legal fees of Administrative Agent and Lender regarding the Loan (“Reimbursement Amount”);

 

1

 

WHEREAS, on December 27, 2012, Borrowers executed that certain Promissory Note (the “Supplemental Note”) made payable to Administrative Agent and Lenders, in the original principal amount of $400,000.00, such principal amount representing an estimate of the Reimbursement Amount;

 

WHEREAS, pursuant to the A/R Loan Agreement, the Parties agreed to amend the Supplemental Note to reflect the actual amount of the Reimbursement Amount, once such amount had been determined by the Bankruptcy Court in accordance with the Plan;

 

WHEREAS, on March 6, 2013, the Bankruptcy Court issued an order stating that the Reimbursement Amount is $50,000.00;

 

WHEREAS, Borrowers. Administrative Agent and Lenders desire to amend the Supplemental Note to reduce the principal amount of the Supplemental Note to $50,000.00.

 

AGREEMENTS

 

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Borrowers, Administrative Agent and Lender hereby agree as follows:

 

1.           Defined Terms. The terms used herein and defined in the Supplemental Note shall have the meaning set forth therein except as otherwise provided herein.

 

2.           Computation of Principal. Section 1  of the Supplemental Note is hereby deleted in its entirety and replaced with the following:

 

“1.        Note Being Made  Pursuant to the Plan. Borrowers are executing this Note pursuant to that certain Debtors’ Modified Amended Joint Consolidated Plan of Reorganization (the “Plan”), filed by Borrowers under Bankruptcy Case No. 12-41581 in the United States Bankruptcy Court for the Eastern Division of Texas, Sherman Division (“Bankruptcy Court”), and pursuant to that certain order entered by the Bankruptcy Court confirming the Plan on December 19, 2012, and in fulfillment of the Supplemental Syndicated Claim (as defined in the Plan). The principal amount of the Note is $50,000.00.”

 

3.           Payments of Principal and Interest. Section 2 of the Supplemental Note is hereby deleted in its entirety and replaced with the following:

 

“2,        Note: Interest; Payment Schedule and Maturity Date. This Note is one of the “Notes” referred to in the Loan Agreement and is entitled to the benefits thereof. Interest shall accrue on the unpaid principal amount of this Note at the Loan Rate and otherwise in accordance with the terms of the Loan Agreement. On the first day of each month, Borrower shall pay to Administrative Agent installments of accrued interest at the Loan Rate and installments of principal in the amounts corresponding to the dates shown on Exhibit ”A” attached hereto (the “Schedule of Principal Payments”), with the first such payment being due on April I, 2013, and with a balloon payment of the remaining

 

2

 

balance of the principal amount of this Note being due and payable coterminous with the Allowed Syndicated Claim. Any amount not paid when due and payable hereunder shall, to the extent permitted by applicable Law, bear interest and if applicable a late charge as set forth in the Loan Agreement.”

 

4.           Ratification. Borrowers hereby acknowledge and consent to the foregoing amendments to the Supplemental Note. The undersigned Borrowers hereby ratify, confirm, reaffirm and covenant that the Loan Documents which they have executed are validly existing and binding against them under the terms of such Loan Documents.

 

5.           Continued Effect. Except to the extent amended hereby, all terms, provisions and conditions of the Supplemental Note, the A/R Loan Agreement and the other Loan Documents shall continue in full force and effect and shall remain enforceable and binding in accordance with their respect terms.

 

6.           Counterparts. This Amendment may be executed in any number of counterparts, each of which shall for all purposes be deemed an original and all of which are identical.

 

THIS WRITTEN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.

 

THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

[Signature Page Follows - Remainder of Page Intentionally Left Blank

 

3

 

EXECUTED as of March 29, 2013 (the “Effective Date”).

 

	
 
    	
BORROWERS:
    
	
 
    	
 
    
	
 
    	
BHFS I, LLC,  a Delaware limited   liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BHFS II, LLC,  a Delaware limited   liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BHFS III,  LLC,  a Delaware   limited liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BHFS IV, LLC,  a Delaware limited   liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon
    
	
 
    	
 
    	
President and Chief Executive Officer
    

 

4

 

	
 
    	
BHFS THEATER, LLC,  a Delaware limited   liability
   company
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ Michael O’Hanlon
    
	
 
    	
 
    	
Michael O’Hanlon
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
BEHRINGER HARVARD FRISCO SQUARE
   LP, a Delaware limited partnership
    
	
 
    	
 
    
	
 
    	
 
    	
By:
    	
BP-FS GP, LLC,  a Delaware limited   liability
   company, its general partner
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
 
    	
By:
    	
/s/ Michael J O’Hanlon
    
	
 
    	
 
    	
 
    	
Michael J. O’Hanlon, President and
    
	
 
    	
 
    	
 
    	
Chief Executive Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
ADMINISTRATIVE AGENT and LENDER:
    
	
 
    	
 
    
	
 
    	
BANK OF AMERICA, N.A., a national banking
   association
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ Michael E. Olson
    
	
 
    	
 
    	
Michael E. Olson, Senior Vice President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
LENDER:
    
	
 
    	
 
    
	
 
    	
REGIONS BANK, an Alabama state banking
   corporation
    
	
 
    	
 
    
	
 
    	
 
    
	

    	
By:
    	
/s/ John Cutcliff
    
	
 
    	
 
    	
John Cutcliff, Senior Vice President
    
						

 

5

 

Frisco Square Principal Amortization

 

Supplimental Note

 

	
Remaining Loan Term (after modification)
    	
 
    	
 
    	
 
    	
57 months
    	
 
    
	
Extension Loan Term
    	
 
    	
 
    	
 
    	
24 months
    	
 
    
	
Interest Rate
    	
 
    	
 
    	
 
    	
5.00%
    	
 
    
	
Modified Amortization Period(1)
    	
 
    	
 
    	
 
    	
357 months
    	
 
    
	
Loan Constant
    	
 
    	
 
    	
 
    	
6.4653%
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Loan Amount Modification
    	
 
    	
month 3
    	
 
    	
$50,000.00
    	
 
    
	
Loan Balance (upon modification)
    	
 
    	
 
    	
 
    	
$50,000.00
    	
 
    

 

	
 
    	
 
    	
 
    	
 
    	
Loan Amount
    	
 
    	
 
    	
 
    
	
Period
    	
 
    	
Principal Payment
    	
 
    	
Modification
    	
 
    	
Ending Balance
    	
 
    
	
Period 0 - Initial   Amortization
    	
 
    	
 
    	
 
    	
 
    	
 
    	
$
    	
0.00
    	
 
    
	
Period 1 - Initial   Amortization
    	
 
    	
$
    	
0.00
    	
 
    	
 
    	
 
    	
$
    	
0.00
    	
 
    
	
Period 2 - Initial   Amortization
    	
 
    	
$
    	
0.00
    	
 
    	
 
    	
 
    	
$
    	
0.00
    	
 
    
	
Period 3 - Initial   Amortization
    	
 
    	
$
    	
0.00
    	
 
    	
$
    	
50,000.00
    	
 
    	
$
    	
50,000.00
    	
 
    
	
Period 1 - Modified Amortization
    	
 
    	
$
    	
(61.05
    	
)
    	
 
    	
 
    	
$
    	
49,938.95
    	
 
    
	
Period 2 - Modified   Amortization
    	
 
    	
$
    	
(61.31
    	
)
    	
 
    	
 
    	
$
    	
49,877.64
    	
 
    
	
Period 3 - Modified   Amortization
    	
 
    	
$
    	
(61.56
    	
)
    	
 
    	
 
    	
$
    	
49,816.08
    	
 
    
	
Period 4 - Modified   Amortization
    	
 
    	
$
    	
(61.82
    	
)
    	
 
    	
 
    	
$
    	
49,754.26
    	
 
    
	
Period 5 - Modified   Amortization
    	
 
    	
$
    	
(62.08
    	
)
    	
 
    	
 
    	
$
    	
49,692.18
    	
 
    
	
Period 6 - Modified   Amortization
    	
 
    	
$
    	
(62.34
    	
)
    	
 
    	
 
    	
$
    	
49,629.85
    	
 
    
	
Period 7 - Modified   Amortization
    	
 
    	
$
    	
(62.59
    	
)
    	
 
    	
 
    	
$
    	
49,567.25
    	
 
    
	
Period 8 - Modified   Amortization
    	
 
    	
$
    	
(62.86
    	
)
    	
 
    	
 
    	
$
    	
49,504.40
    	
 
    
	
Period 9 - Modified   Amortization
    	
 
    	
$
    	
(63.12
    	
)
    	
 
    	
 
    	
$
    	
49,441.28
    	
 
    
	
Period 10 - Modified   Amortization
    	
 
    	
$
    	
(63.38
    	
)
    	
 
    	
 
    	
$
    	
49,377.90
    	
 
    
	
Period 11 - Modified   Amortization
    	
 
    	
$
    	
(63.64
    	
)
    	
 
    	
 
    	
$
    	
49,314.25
    	
 
    
	
Period 12 - Modified   Amortization
    	
 
    	
$
    	
(63.91
    	
)
    	
 
    	
 
    	
$
    	
49,250.34
    	
 
    
	
Period 13 - Modified   Amortization
    	
 
    	
$
    	
(64.18
    	
)
    	
 
    	
 
    	
$
    	
49,186.17
    	
 
    
	
Period 14 - Modified   Amortization
    	
 
    	
$
    	
(64.44
    	
)
    	
 
    	
 
    	
$
    	
49,121.72
    	
 
    
	
Period 15 - Modified   Amortization
    	
 
    	
$
    	
(64.71
    	
)
    	
 
    	
 
    	
$
    	
49,057.01
    	
 
    
	
Period 16 - Modified   Amortization
    	
 
    	
$
    	
(64.98
    	
)
    	
 
    	
 
    	
$
    	
48,992.03
    	
 
    
	
Period 17 - Modified   Amortization
    	
 
    	
$
    	
(65.25
    	
)
    	
 
    	
 
    	
$
    	
48,926.78
    	
 
    
	
Period 18 - Modified   Amortization
    	
 
    	
$
    	
(65.52
    	
)
    	
 
    	
 
    	
$
    	
48,861.25
    	
 
    
	
Period 19 - Modified   Amortization
    	
 
    	
$
    	
(65.80
    	
)
    	
 
    	
 
    	
$
    	
48,795.46
    	
 
    
	
Period 20 - Modified   Amortization
    	
 
    	
$
    	
(66.07
    	
)
    	
 
    	
 
    	
$
    	
48,729.39
    	
 
    
	
Period 21 - Modified   Amortization
    	
 
    	
$
    	
(66.35
    	
)
    	
 
    	
 
    	
$
    	
48,663.04
    	
 
    
	
Period 22 - Modified   Amortization
    	
 
    	
$
    	
(66.62
    	
)
    	
 
    	
 
    	
$
    	
48,596.42
    	
 
    
	
Period 23 - Modified   Amortization
    	
 
    	
$
    	
(66.90
    	
)
    	
 
    	
 
    	
$
    	
48,529.51
    	
 
    
	
Period 24 - Modified   Amortization
    	
 
    	
$
    	
(67.18
    	
)
    	
 
    	
 
    	
$
    	
48,462.33
    	
 
    
	
Period 25 - Modified   Amortization
    	
 
    	
$
    	
(67.46
    	
)
    	
 
    	
 
    	
$
    	
48,394.88
    	
 
    
	
Period 26 - Modified   Amortization
    	
 
    	
$
    	
(67.74
    	
)
    	
 
    	
 
    	
$
    	
48,327.13
    	
 
    
	
Period 27 - Modified   Amortization
    	
 
    	
$
    	
(68.02
    	
)
    	
 
    	
 
    	
$
    	
48,259.11
    	
 
    
	
Period 28 - Modified   Amortization
    	
 
    	
$
    	
(68.31
    	
)
    	
 
    	
 
    	
$
    	
48,190.81
    	
 
    
	
Period 29 - Modified   Amortization
    	
 
    	
$
    	
(68.59
    	
)
    	
 
    	
 
    	
$
    	
48,122.21
    	
 
    
	
Period 30 - Modified Amortization
    	
 
    	
$
    	
(68.88
    	
)
    	
 
    	
 
    	
$
    	
48,053.34
    	
 
    
	
Period 31 - Modified   Amortization
    	
 
    	
$
    	
(69.16
    	
)
    	
 
    	
 
    	
$
    	
47,984.17
    	
 
    
	
Period 32 - Modified   Amortization
    	
 
    	
$
    	
(69.45
    	
)
    	
 
    	
 
    	
$
    	
47,914.72
    	
 
    
	
Period 33 - Modified   Amortization
    	
 
    	
$
    	
(69.74
    	
)
    	
 
    	
 
    	
$
    	
47,844.98
    	
 
    
	
Period 34 - Modified   Amortization
    	
 
    	
$
    	
(70.03
    	
)
    	
 
    	
 
    	
$
    	
47,774.95
    	
 
    
	
Period 35 - Modified   Amortization
    	
 
    	
$
    	
(70.32
    	
)
    	
 
    	
 
    	
$
    	
47,704.63
    	
 
    
	
Period 36 - Modified   Amortization
    	
 
    	
$
    	
(70.62
    	
)
    	
 
    	
 
    	
$
    	
47,634.01
    	
 
    
	
Period 37 - Modified   Amortization
    	
 
    	
$
    	
(70.91
    	
)
    	
 
    	
 
    	
$
    	
47,563.10
    	
 
    
	
Period 38 - Modified   Amortization
    	
 
    	
$
    	
(71.21
    	
)
    	
 
    	
 
    	
$
    	
47,491.89
    	
 
    
	
Period 39 - Modified   Amortization
    	
 
    	
$
    	
(71.50
    	
)
    	
 
    	
 
    	
$
    	
47,420.39
    	
 
    
	
Period 40 - Modified   Amortization
    	
 
    	
$
    	
(71.80
    	
)
    	
 
    	
 
    	
$
    	
47,348.59
    	
 
    
											

 

 

Frisco Square Principal Amortization

 

Supplimental Note

 

	
Remaining Loan Term (after modification)
    	
 
    	
 
    	
 
    	
57 months
    	
 
    
	
Extension Loan Term
    	
 
    	
 
    	
 
    	
24 months
    	
 
    
	
Interest Rate
    	
 
    	
 
    	
 
    	
5.00%
    	
 
    
	
Modified Amortization Period(1)
    	
 
    	
 
    	
 
    	
357 months
    	
 
    
	
Loan Constant
    	
 
    	
 
    	
 
    	
6.4653%
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Loan Amount Modification
    	
 
    	
month 3
    	
 
    	
$50,000.00
    	
 
    
	
Loan Balance (upon modification)
    	
 
    	
 
    	
 
    	
$50,000.00
    	
 
    

 

	
 
    	
 
    	
 
    	
 
    	
Loan Amount
    	
 
    	
 
    	
 
    
	
Period
    	
 
    	
Principal Payment
    	
 
    	
Modification
    	
 
    	
Ending Balance
    	
 
    
	
Period 41 - Modified   Amortization
    	
 
    	
$
    	
(72.10
    	
)
    	
 
    	
 
    	
$
    	
47,276.49
    	
 
    
	
Period 42 - Modified   Amortization
    	
 
    	
$
    	
(72.40
    	
)
    	
 
    	
 
    	
$
    	
47,204.09
    	
 
    
	
Period 43 - Modified   Amortization
    	
 
    	
$
    	
(72.70
    	
)
    	
 
    	
 
    	
$
    	
47,131.39
    	
 
    
	
Period 44 - Modified   Amortization
    	
 
    	
$
    	
(73.01
    	
)
    	
 
    	
 
    	
$
    	
47,058.38
    	
 
    
	
Period 45 - Modified   Amortization
    	
 
    	
$
    	
(73.31
    	
)
    	
 
    	
 
    	
$
    	
46,985.07
    	
 
    
	
Period 46 - Modified   Amortization
    	
 
    	
$
    	
(73.61
    	
)
    	
 
    	
 
    	
$
    	
46,911.46
    	
 
    
	
Period 47 - Modified   Amortization
    	
 
    	
$
    	
(73.92
    	
)
    	
 
    	
 
    	
$
    	
46,837.53
    	
 
    
	
Period 48 - Modified   Amortization
    	
 
    	
$
    	
(74.23
    	
)
    	
 
    	
 
    	
$
    	
46,763.30
    	
 
    
	
Period 49 - Modified   Amortization
    	
 
    	
$
    	
(74.54
    	
)
    	
 
    	
 
    	
$
    	
46,688.77
    	
 
    
	
Period 50 - Modified   Amortization
    	
 
    	
$
    	
(74.85
    	
)
    	
 
    	
 
    	
$
    	
46,613.92
    	
 
    
	
Period 51 - Modified   Amortization
    	
 
    	
$
    	
(75.16
    	
)
    	
 
    	
 
    	
$
    	
46,538.76
    	
 
    
	
Period 52 - Modified   Amortization
    	
 
    	
$
    	
(75.47
    	
)
    	
 
    	
 
    	
$
    	
46,463.28
    	
 
    
	
Period 53 - Modified   Amortization
    	
 
    	
$
    	
(75.79
    	
)
    	
 
    	
 
    	
$
    	
46,387.49
    	
 
    
	
Period 54 - Modified   Amortization
    	
 
    	
$
    	
(76.10
    	
)
    	
 
    	
 
    	
$
    	
46,311.39
    	
 
    
	
Period 55 - Modified   Amortization
    	
 
    	
$
    	
(76.42
    	
)
    	
 
    	
 
    	
$
    	
46,234.97
    	
 
    
	
Period 56 - Modified Amortization
    	
 
    	
$
    	
(76.74
    	
)
    	
 
    	
 
    	
$
    	
46,158.23
    	
 
    
	
Period 57 - Modified   Amortization
    	
 
    	
$
    	
(77.06
    	
)
    	
 
    	
 
    	
$
    	
46,081.17
    	
 
    
	
Period 58 - Modified   Amortization
    	
 
    	
$
    	
(77.38
    	
)
    	
 
    	
 
    	
$
    	
46,003.78
    	
 
    
	
Period 59 - Modified   Amortization
    	
 
    	
$
    	
(77.70
    	
)
    	
 
    	
 
    	
$
    	
45,926.08
    	
 
    
	
Period 60 - Modified   Amortization
    	
 
    	
$
    	
(78.03
    	
)
    	
 
    	
 
    	
$
    	
45,848.05
    	
 
    
	
Period 61 - Modified   Amortization
    	
 
    	
$
    	
(78.35
    	
)
    	
 
    	
 
    	
$
    	
45,769.70
    	
 
    
	
Period 62 - Modified   Amortization
    	
 
    	
$
    	
(78.68
    	
)
    	
 
    	
 
    	
$
    	
45,691.02
    	
 
    
	
Period 63 - Modified   Amortization
    	
 
    	
$
    	
(79.01
    	
)
    	
 
    	
 
    	
$
    	
45,612.02
    	
 
    
	
Period 64 - Modified   Amortization
    	
 
    	
$
    	
(79.34
    	
)
    	
 
    	
 
    	
$
    	
45,532.68
    	
 
    
	
Period 65 - Modified   Amortization
    	
 
    	
$
    	
(79.67
    	
)
    	
 
    	
 
    	
$
    	
45,453.01
    	
 
    
	
Period 66 - Modified   Amortization
    	
 
    	
$
    	
(80.00
    	
)
    	
 
    	
 
    	
$
    	
45,373.02
    	
 
    
	
Period 67 - Modified   Amortization
    	
 
    	
$
    	
(80.33
    	
)
    	
 
    	
 
    	
$
    	
45,292.68
    	
 
    
	
Period 68 - Modified   Amortization
    	
 
    	
$
    	
(80.67
    	
)
    	
 
    	
 
    	
$
    	
45,212.02
    	
 
    
	
Period 69 - Modified   Amortization
    	
 
    	
$
    	
(81.00
    	
)
    	
 
    	
 
    	
$
    	
45,131.01
    	
 
    
	
Period 70 - Modified   Amortization
    	
 
    	
$
    	
(81.34
    	
)
    	
 
    	
 
    	
$
    	
45,049.67
    	
 
    
	
Period 71 - Modified   Amortization
    	
 
    	
$
    	
(81.68
    	
)
    	
 
    	
 
    	
$
    	
44,968.00
    	
 
    
	
Period 72 - Modified   Amortization
    	
 
    	
$
    	
(82.02
    	
)
    	
 
    	
 
    	
$
    	
44,885.98
    	
 
    
	
Period 73 - Modified   Amortization
    	
 
    	
$
    	
(82.36
    	
)
    	
 
    	
 
    	
$
    	
44,803.62
    	
 
    
	
Period 74 - Modified   Amortization
    	
 
    	
$
    	
(82.70
    	
)
    	
 
    	
 
    	
$
    	
44,720.91
    	
 
    
	
Period 75 - Modified   Amortization
    	
 
    	
$
    	
(83.05
    	
)
    	
 
    	
 
    	
$
    	
44,637.86
    	
 
    
	
Period 76 - Modified   Amortization
    	
 
    	
$
    	
(83.39
    	
)
    	
 
    	
 
    	
$
    	
44,554.47
    	
 
    
	
Period 77 - Modified   Amortization
    	
 
    	
$
    	
(83.74
    	
)
    	
 
    	
 
    	
$
    	
44,470.73
    	
 
    
	
Period 78 - Modified   Amortization
    	
 
    	
$
    	
(84.09
    	
)
    	
 
    	
 
    	
$
    	
44,386.63
    	
 
    
	
Period 79 - Modified   Amortization
    	
 
    	
$
    	
(84.44
    	
)
    	
 
    	
 
    	
$
    	
44,302.19
    	
 
    
	
Period 80 - Modified   Amortization
    	
 
    	
$
    	
(84.79
    	
)
    	
 
    	
 
    	
$
    	
44,217.40
    	
 
    
	
Period 81 - Modified   Amortization
    	
 
    	
$
    	
(44,217.40
    	
)
    	
 
    	
 
    	
$
    	
0.00

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00217-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00217-of-00352.parquet"}]]