AGREEMENTS AND SIGNATURES
In this Application, the "Lender" is Carstensz Loan Holdings, LLC or its successors and assigns. The "Borrower" is
the applicant and any co-applicant(s). The "Borrower Parties" are the Borrower and the Owners and Officers named above.
By the signature(s) below, the Borrower Parties affirm their agreement with the following:
• The financing is requested in connection with the investment property or properties (the "Property") identified herein, the
Property being security for a commercial loan.
• Any repurposing of the loan proceeds and any occupancy of the Property as a residence by a Borrower Party or any affiliated person
will be events of default under the financing agreements.
• The representations and warranties made by the Borrower in this Application will insure to the benefit of the Lender's
successors and assigns.
• The Lender may order or otherwise acquire an appraisal of the Property to determine its value. The cost of the appraisal shall be borne
by the Borrower. The Lender Lender will provide copies of these appraisals to the Borrower regardless of whether the Lender offers
financing to the Borrower.
• The Lender (including its affiliates, delegates, and service providers) may investigate the creditworthiness of the Borrower and
any guarantors, collect information on the backgrounds of individual Borrowers and the Borrower Parties, and seek
information on the merits of the project(s) for which financing is being sought. Information sources may include credit
bureaus, information brokers, professionals who possess relevant knowledge (including professionals at accounting and law
firms utilized by the Borrower), and other sources. The Lender, as it deems necessary, may share the information it obtains
with its investors, insurers, loan purchasers, and syndication partners to facilitate funding and the mitigation of risk. The Lender is
hereby authorized to perform these tasks as stated.
• An imaged copy of this executed agreement and authorization shall be deemed an original for all purposes. Information obtained by
the Lender will be used solely for the purpose of determining Borrower eligibility and evaluating and mitigating.
By the signature(s) below, the Borrower and Borrower Parties represent and warrant to Lender as follows.
• The information provided by Borrower in this Application is correct and complete in all material respects as of the date provided.
The Lender may rely on this assurance in making its initial credit decision and, subject to amendments delivered by Borrower from
time to time, in deciding whether to continue advancing funds during the term of the credit facility.
• Throughout the term of the credit facility, Borrower will promptly notify Lender in writing of any material change in the
information provided to Lender in this Application.
• The Property is not, and will not be, a principal residence of a Borrower Party or any affiliated person.