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Contract analysis / post-closing-mortgage-recording-confirmations.docx
post-closing-mortgage-recording-confirmations.docx
High · 0
Medium · 9
Standard · 2
I. COVER TRANSMITTAL LETTER
Standard
⚑ Commercial term
I. COVER TRANSMITTAL LETTER August 5, 2022 CALDERWOOD & HARKNESS LLP One Liberty Plaza, 52nd Floor New York, New York 10006 Telephone: (212) 558-4000 Facsimile: (212) 558-3588 VIA ELECTRONIC MAIL AND HAND DELIVERY Crescent Harbor Bank, N.A. as Administrative Agent and Collateral Agent 600 Lexington Avenue, 34th Floor New York, New York 10022 Attention: Theodore "Ted" Marchetti, Managing Director, Leveraged Finance An
II. STATE-BY-STATE RECORDING CONFIRMATION SCHEDULES
Standard
⚑ Commercial term
II. STATE-BY-STATE RECORDING CONFIRMATION SCHEDULES The following state-by-state confirmation letters set forth the recording details for each of the forty-two (42) Mortgaged Properties. Each confirmation letter is organized by state in alphabetical order and includes property-level recording information, applicable taxes and fees paid, and relevant state-specific notes regarding the type of Security Instrument used
II.A — ARIZONA (2 Properties)
Medium
⚑ Assignment / subcontracting
II.A — ARIZONA (2 Properties) RECORDING CONFIRMATION — ARIZONA 2 Mortgaged Properties August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Arizona form) Collateral Agent / Beneficiary: Crescent Harbor Bank, N.A., as Collateral Agent for the benefit of the Secured Parties under the
II.B — CALIFORNIA (5 Properties)
Medium
⚑ Assignment / subcontracting
II.B — CALIFORNIA (5 Properties) RECORDING CONFIRMATION — CALIFORNIA 5 Mortgaged Properties August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Deed of Trust, Assignment of Leases and Rents, and Security Agreement (California form, in accordance with California Civil Code §§ 2920 et seq.) Collateral Agent / Beneficiary: Crescent Harbor Bank, N.A., a
II.C — COLORADO (3 Properties)
Medium
⚑ Assignment / subcontracting
II.C — COLORADO (3 Properties) RECORDING CONFIRMATION — COLORADO 3 Mortgaged Properties August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Colorado form, in accordance with Colorado Revised Statutes §§ 38-39-101 et seq.) Collateral Agent / Beneficiary: Crescent Harbor Bank, N.A.
II.D — FLORIDA (12 Properties)
Medium
⚑ Assignment / subcontracting
II.D — FLORIDA (12 Properties) RECORDING CONFIRMATION — FLORIDA 12 Mortgaged Properties August 5, 2022 Mortgagor: Palmetto Beachfront Hotels LLC, a Florida limited liability company Security Instrument Type: Mortgage, Assignment of Leases and Rents, and Security Agreement (Florida form, in accordance with Florida Statutes Chapter 697) Collateral Agent / Mortgagee: Crescent Harbor Bank, N.A., as Collateral Agent for t
II.E — GEORGIA (3 Properties)
Medium
⚑ Assignment / subcontracting
II.E — GEORGIA (3 Properties) RECORDING CONFIRMATION — GEORGIA 3 Mortgaged Properties August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Deed to Secure Debt, Assignment of Leases and Rents, and Security Agreement (Georgia form, in accordance with Official Code of Georgia Annotated §§ 44-14-60 et seq.) Collateral Agent / Grantee: Crescent Harbor Ban
II.F — ILLINOIS (2 Properties)
Medium
⚑ Assignment / subcontracting
II.F — ILLINOIS (2 Properties) RECORDING CONFIRMATION — ILLINOIS 2 Mortgaged Properties August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Mortgage, Assignment of Leases and Rents, and Security Agreement (Illinois form, in accordance with 765 ILCS 5/11 et seq.) Collateral Agent / Mortgagee: Crescent Harbor Bank, N.A., as Collateral Agent for the be
II.G — NEVADA (1 Property)
Medium
⚑ Assignment / subcontracting
II.G — NEVADA (1 Property) RECORDING CONFIRMATION — NEVADA 1 Mortgaged Property August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Nevada form, in accordance with Nevada Revised Statutes Chapter 107) Collateral Agent / Beneficiary: Crescent Harbor Bank, N.A., as Collateral Agent
II.H — NEW YORK (6 Properties)
Medium
⚑ Assignment / subcontracting
II.H — NEW YORK (6 Properties) RECORDING CONFIRMATION — NEW YORK 6 Mortgaged Properties August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company Security Instrument Type: Mortgage, Assignment of Leases and Rents, and Security Agreement (New York form, in accordance with New York Real Property Law § 320 et seq. and New York Tax Law Article 11) Collateral Agent / Mortgagee: Crescen
II.I — OREGON (1 Property)
Medium
⚑ Assignment / subcontracting
II.I — OREGON (1 Property) RECORDING CONFIRMATION — OREGON 1 Mortgaged Property August 5, 2022 Mortgagor: Verimark Resort Properties LLC, a Delaware limited liability company (this property is held through Cascadia Hospitality Corp., a Delaware corporation and wholly-owned subsidiary of VHG, which is a Guarantor under the Credit Agreement; Verimark Resort Properties LLC holds fee title to the property) Security Instr