This agreement, dated July 2017, is between David J. Mitchell (Pledgor) and Jeffrey Epstein (Epstein). It involves a $41,000,000 loan from Deutsche Bank AG to Life Hotel One LLC, secured by a hotel in New York. Mitchell and Stephen P. Hanson provide personal guaranties for the loan. Epstein agrees to guarantee up to $1,000,000 towards Mitchell's obligations to Hanson. Mitchell pledges artwork as collateral to Epstein. The agreement outlines the terms of the pledge, indemnification, and conditions for default and termination.
documents/EFTA00589430.pdf
{}