HomeMy WebLinkAboutInterest to Mercantile and Adm Fee to Village Financial - $95,930.84Exhibit D
Disbursement Instructions
Mercantile Bank hereby is instructed to make a disbursement of Loan Proceeds from the
Borrower Loan Account to (or for the account of) Borrower in: (a) the amount of the "Total
Authorized Disbursement: line in the "Amount of Authorized Disbursement" column below;
and (b) accordance with the terms and conditions of the Agreement, the other Loan
Documents, and the Disbursement instructions.
Purpose of Authorized Disbursement
Amount of Authorized Disbursement
Interest (to Mercantile Bank)
$91,233.46
Administrative Fee (to Village Financial)
$4,697.38
Total Authorized Disbursement
$95,930.84
All terms used in these Disbursement Instructions without definition shall have the meanings
ascribed thereto in that certain Loan Agreement (PAC Equipment), dated, as of August 31, 2009,
by and between Lender and Village Financial, LLC.
Dated:
CITY OF CARMEL REDEVELOPMENT
COMMISSION
By
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