[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-173848-en":3,"doc-seo-173848-105":30,"detail-sidebar-cat-1-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":11,"category_id":12,"category_name":13,"doc_title":14,"doc_description":15,"doc_content":16,"file_id":17,"file_url":18,"file_type":19,"file_size":20,"view_count":4,"is_deleted":4,"is_public":11,"is_downloadable":11,"audit_status":11,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":15,"update_tm":28,"read_time":29},173848,1374402524268,"Berry Peter","https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2",1,17,"Forms","Loan Agreement - TAH Express - 2-14-2020","Loan Agreement establishes the lending relationship between Borrower and Lender, defining the Effective Date, Loan Amount, and how the loan is documented through a Note with interest and payments governed by the Note’s terms. The agreement also sets out a UCC security framework for the Mortgaged Property and related UCC Collateral. It further specifies personal liability allocation through Limited Recourse provisions, including Base Recourse and Loss or Damage recourse triggered by specified events such as material misrepresentation, repair or improvement failures, waste, unpaid taxes and charges, and certain transfer-related breaches.","Loan Agreement – TAH Express (2-14-2020)\nThis Loan Agreement (“Loan Agreement”) is made by and between Borrower and Lender and is dated as of the Effective Date. Lender has agreed to make and Borrower has agreed to accept a loan for the Loan Amount (“Loan”) upon the terms and subject to the conditions in this Loan Agreement. The Loan will be evidenced by the Note and will bear interest and be paid in accordance with the payment terms set forth in the Note. Lender and Borrower each acknowledge the receipt and sufficiency of adequate consideration for the making and receiving of this Loan.\nARTICLE I – KEY TERMS.\nARTICLE II \tSECURITY AGREEMENT.\n2.01\tUniform Commercial Code Security Agreement.  This Loan Agreement is also a security agreement for any of the Mortgaged Property which, under applicable law, may be subjected to a security interest under the UCC, for the purpose of securing Borrower’s obligations under this Loan Agreement and to further secure Borrower’s obligations under the Note, Security Instrument and other Loan Documents, whether such Mortgaged Property is owned now or acquired in the future, and all products and cash and non-cash proceeds of the Mortgaged Property (collectively, “UCC Collateral”), and by this Loan Agreement, Borrower grants to Lender a security interest under the UCC in the UCC Collateral.\nARTICLE III \tPERSONAL LIABILITY.\n3.01\tLimited Recourse Generally. Except as otherwise provided in this Article III, none of Borrower or any member or limited partner of Borrower (if applicable) will have any personal liability under the Note, this Loan Agreement or any other Loan Document for the repayment of the Indebtedness or for the performance of or compliance with any other obligations of Borrower under the Loan Documents, and Lender’s only recourse for the satisfaction of the Indebtedness and the performance of such obligations will be Lender’s exercise of its rights and remedies with respect to the Mortgaged Property and to any other collateral held by Lender as security for the Indebtedness. This limitation on Borrower’s liability will not limit or impair Lender’s enforcement of its rights against any Guarantor.\n3.02\tBase Recourse. Borrower will be personally liable to Lender for the Base Recourse specified in Article I (“Base Recourse”), plus any other amounts for which Borrower has personal liability under this Article III.\n3.03\tLoss or Damage Recourse. Borrower will be personally liable to Lender for the repayment of a portion of the Indebtedness equal to any loss or damage suffered by Lender as a result of the occurrence of any of the following events:\n(a)\tBorrower or any Affiliate or employee of Borrower makes an unintentional written material misrepresentation in connection with the application for or creation of the Indebtedness or any action or consent of the Lender; provided that the assumption will be that any written material misrepresentation was intentional and the burden of proof will be on Borrower to prove there was no intent.\n(b)\tBorrower fails to complete any of the Priority Repairs (including PR-90 Repairs) identified in the Physical Risk Report.\n(c)\tBorrower undertakes and fails to complete any Capital Improvement, Property Improvement, or other alteration of the Mortgaged Property (whether or not such alteration is permitted under Sections 6.09(d) or (e)).\n(d)\tBorrower engages in any willful act of material waste of the Mortgaged Property.\n(e)\tBorrower fails to pay, or cause to be paid, when due any of the following:\n(i)\tTaxes, if Lender does not collect a Tax Reserve Fund.\n(ii)\tInsurance premiums, if Lender does not collect an Insurance Reserve Fund.\n(iii)\tWater and sewer charges that could become a lien on the Mortgaged Property.\n(iv)\tAssessments or other charges that could become a lien on the Mortgaged Property, including homeowner association dues.\n(v)\tIntangible, documentary stamp, recordation, transfer, or similar Taxes, if any, relating to or arising out of the Loan,  Borro","cbCaipXOHQrJi5ab","https://ap.wps.com/l/cbCaipXOHQrJi5ab","docx",215532,61,"English","en",105,"# ARTICLE I – KEY TERMS\n# ARTICLE II – SECURITY AGREEMENT\n## 2.01 Uniform Commercial Code Security Agreement\n# ARTICLE III – PERSONAL LIABILITY\n## 3.01 Limited Recourse Generally\n## 3.02 Base Recourse\n## 3.03 Loss or Damage Recourse","[{\"question\":\"What is the purpose of this Loan Agreement between Borrower and Lender?\",\"answer\":\"It documents the parties’ agreement for making and accepting a loan, sets terms for the Loan Amount, and ties the loan’s operation to the Note’s interest and payment provisions.\"},{\"question\":\"How does the agreement function as a security agreement?\",\"answer\":\"It grants the Lender a UCC security interest in the UCC Collateral, which includes the Mortgaged Property and related proceeds, to secure Borrower’s obligations under the agreement and related loan documents.\"},{\"question\":\"When does Borrower become personally liable under the Limited Recourse structure?\",\"answer\":\"Borrower’s personal liability is limited generally, with recourse expanded through Base Recourse and Loss or Damage recourse triggered by defined events such as material misrepresentation, failure to complete priority repairs, certain unpaid taxes or charges, and specified transfer or enforcement-related breaches.\"}]","Loan Agreement - TAH Express - 2-14-2020 | DOCX",1788307881,21,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":28},"loan-agreement-tah-express-2-14-2020","",{"@graph":36,"@context":86},[37,54,69],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/template/","Template",2,{"item":49,"name":13,"@type":43,"position":50},"https://docshare.wps.com/template/forms/",3,{"item":52,"name":14,"@type":43,"position":53},"https://docshare.wps.com/template/loan-agreement-tah-express-2-14-2020/173848/",4,{"url":52,"name":14,"@type":55,"author":56,"headline":14,"publisher":58,"fileFormat":61,"inLanguage":23,"description":15,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-04","2026-09-02",true,{"@type":66,"interactionType":67,"userInteractionCount":11},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What is the purpose of this Loan Agreement between Borrower and Lender?","Question",{"text":76,"@type":77},"It documents the parties’ agreement for making and accepting a loan, sets terms for the Loan Amount, and ties the loan’s operation to the Note’s interest and payment provisions.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"How does the agreement function as a security agreement?",{"text":81,"@type":77},"It grants the Lender a UCC security interest in the UCC Collateral, which includes the Mortgaged Property and related proceeds, to secure Borrower’s obligations under the agreement and related loan documents.",{"name":83,"@type":74,"acceptedAnswer":84},"When does Borrower become personally liable under the Limited Recourse structure?",{"text":85,"@type":77},"Borrower’s personal liability is limited generally, with recourse expanded through Base Recourse and Loss or Damage recourse triggered by defined events such as material misrepresentation, failure to complete priority repairs, certain unpaid taxes or charges, and specified transfer or enforcement-related breaches.","https://schema.org",{"og:url":52,"og:type":88,"og:title":14,"og:site_name":59,"og:description":15},"article",{"robots":90,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":93},[94,99,104,109,114,119,122,127,131],{"id":95,"doc_module":11,"doc_module_name":46,"category_name":96,"show_sort_weight":97,"slug":98},11,"Presentations",90,"presentations",{"id":100,"doc_module":11,"doc_module_name":46,"category_name":101,"show_sort_weight":102,"slug":103},12,"Resumes",80,"resumes",{"id":105,"doc_module":11,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},14,"Invoices",70,"invoices",{"id":110,"doc_module":11,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},15,"Posters",60,"posters",{"id":115,"doc_module":11,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},16,"Social Media",50,"social-media",{"id":12,"doc_module":11,"doc_module_name":46,"category_name":13,"show_sort_weight":120,"slug":121},40,"forms",{"id":123,"doc_module":11,"doc_module_name":46,"category_name":124,"show_sort_weight":125,"slug":126},18,"Letters",30,"letters",{"id":29,"doc_module":11,"doc_module_name":46,"category_name":128,"show_sort_weight":129,"slug":130},"Paper Templates",5,"papers-templates",{"id":132,"doc_module":11,"doc_module_name":46,"category_name":133,"show_sort_weight":4,"slug":134},158,"General","general-158"]