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