The document outlines the terms of a $7,500,000 second mortgage loan with a term from November 1, 2011, to June 30, 2012. It details the application of loan proceeds, interest rates, and profit participation. Two scenarios are presented: a $42 million sale in 6 months and a $35 million sale 4 months after default. The document includes calculations for proceeds distribution and lender returns.
documents/EFTA01073652.pdf
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