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HomeMy WebLinkAboutPAC Equipment loan agmt between Merchants and Village Financial - $835,196Disbursement Instructions Mercantile Bank hereby is instructed to make a Borrower Loan Account Disbursement in the amount of $835,196.00 into the Borrower Loan Account for the purpose of making disbursements of Loan Proceeds from the Borrower Loan Account to (or for the account of) Borrower in accordance with the terms and conditions of the Agreement and the other Loan Documents. All terms used in these Disbursement Instructions without definition shall have the meanings ascribed thereto in that certain Loan Agreement (PAC Fixed Seating), dated as of August 31, 2009, by and between Mercantile Bank and Village Financial, LLC. Dated: 9 /0 CITY OF CARMEL REDEVELOPMENT CO SION By Lester S. Olds, Executive Director