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2015-03-03-R
CITY-OF-BATESVILLE
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2015-03-03-R
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Wier Recordation Reatn1 Ib: First Community Bank <br /> P. 0. Box 4327 <br /> Batesville, AR 72503-4327 <br /> ASSIGNMENT OF TENANT'S <br /> INT'EIIEST IN LEASE <br /> Lockhouse SOBA, L.L.C. Lockhouse SOBA, L.L.C. <br /> AUU1tCS3 .:; �il)Dti855 <br /> #50 Riverbank Rd., Batesville, AR #50 Riverbank Rd., Batesville, AR 72501 <br /> '[LArIION[N0. ". loRNfl"CAy IoN NOr `s- TELRPIIUNR Nb :i. .: •IUBNI'ItTCAT1oN N0. <br /> OFFICER <'INfRRF.7f ItATlt lRINCIrA1:AM011N1'/ 'Yi1M)INCI <br /> RN(11I(AIION '. CIILUfr Llslll� . ACRiEMkNf UAT ::R(ATURITY bAYR CVSFOMRR NIIAmRR ::.LOAN NVMO[R <br /> MRR 8.00% $ 400,000.00 11OL25/200110/24/20041 1 3001868 <br /> ASSIGNMENT. As security for the payment of the promissory note or agreement described above and all other present slid future obligati msa of <br /> tier or borrower to Lender(IeheUler for the same or different purposes (hml Use foregoing) ,(together, Use 'Obligations'), Owner hereby Assigns <br /> First Community Bank <br /> ox 4377. BatesvMe,— - ("Lender") its <br /> _re interest as lessee in slid to'lie lease of premises identified below(the"Lease.): <br /> _j#jated 08/. between <br /> 13/99; Assign. dtd on or the City of Batesville <br /> — �IIIaTIt17— -- <br /> a �st <br /> I-cs3orlopi1lapwner,as Leasee, along Willi any nuulifrcmions or amendments to ilia Lease, covering tlse real properly, located in IndeDOIIdeIICe <br /> Courcy;mare particularly described as follows: <br /> a� <br /> addre.. is property is: #50 Riverbank Road <br /> Batesville, AR 72501 <br /> OYP.NANTS AND REPRESENTATIONS. Owner represents dial Owner is not in default in tlse perfonnance of Owner's obligeliosv under the <br /> Owner further represents and covenants that it will coruioue to comply Willi die provisions of the Lease slid any extensions or renewals of tlse <br /> . 1 <br /> ODII'ICATIONSOF LEASE.Owner agrees dint during the term of thin Agreement Owner will not modify or terminate the Lease widioul obtaining <br /> for written consent of Lender. <br /> -CKNOWLEDGESTIIATOWNER HAS READ,UNDERSI'ANDS,ANDAGREES TO THE TERMS ANDCONDITIONS OF THIS AGREEMENTANDHAS <br /> -).AN EXACI-COPY OF tr. <br /> L khouse S B L.L. . OWNER: Lo ousy §0BL L.C. <br /> B11: ✓ � � _ <br /> :isa Palmer, Member Randy er, Member <br /> OWNER: v <br /> B 7 <br /> Teff Davis, Member Kathy Da , Member <br /> OWNER: <br /> OWNER: <br />
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