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1999_0125_packet
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1999_0125_packet
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9/30/2011 11:31:39 AM
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COMMUNITY DEVELOPMENT DEPARTMENT <br /> 260 Civic Center Drive Roseville MN 55113 <br /> phone: 651.490.2279 fax 651.490.2931 <br /> PARTICIPATION AGREEMENT <br /> BUSINESS JOAN PROGRAM <br /> DATE AMOUNT OF PARTICIPATION <br /> The undersigned lender, (herein called"Bank")hereby <br /> certifies that the City of Roseville(herein called"City")has a participation from the date hereof <br /> in the amount of$ dollars,said participation being in that certain <br /> indebtedness of to the Bank in the total amount of <br /> $ dollars(the"indebtedness"),with the City participation bearing a <br /> fixed interest at the rate of two percent and the Sank participation bearing an interest rate of <br /> percent(not to exceed two and one-half points over prime),all as evidenced by <br /> Note(s)dated with payments starting due <br /> and all mortgage or other security therefor and all guaranty or other <br /> instruments,if any,given in connection therewith for financing improvements to an existing <br /> business located at ,in the City of Roseville. The security for <br /> this indebtedness is (describe collateral) <br /> 1 <br />
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