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HomeMy WebLinkAboutLoan Fee - $12,500, Legal Fees/Hall Render, Killian, Heath, Lyman - $7,250; Wallack Somers & Haas - $52,750Mercantile Bank hereby is instructed to make a disbursement of proceeds of the Loan 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 Mercantile Loan Fee $12,500.00 Legal Fees - Hall, Render, Killian, Heath & Lyman, P.C. $7,250 00 Legal Fees - W allack Somers & Haas, P.C. $52,750.00 Total Authorized Disbursement ,$72,500.00 All terms used in these Disbursement Instructions without definition shall have the meanings ascribed thereto in that certain Collateral Assignment and Security Agreement executed by and among Mercantile Bank, Borrower, and CRC, date fl November 18, 2010. Dated: /2 CITY OF CARMEL REDEVELOPMENT Printed: /OS (PL7S Title: $'&"7w P /11c74t