Friday, January 27, 2006

Trustees Sign Loan Papers


Today Shiloh Trustees Tom Yancey, Billy Storke and Frank Moore closed on the loan for the Family Life Center in the law offices of Billingsley and Sneed. Church legal counsel Jack Billingsley and his assistant Nancy Jennings led them through the Union Bank & Trust paperwork. The lending package provides a one year interest only construction loan followed by twenty years of permanent financing in accordance with the resolution voted by the church. The mortgage will be recorded with the county on Monday Jan 30.

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