-. 

- 

. ?MI?own:



ednditienss

7? 3
15104 1.0 gaunt;

 

Batik ?2 Trust
Iut-y?ld, 200.6

 

Bisltep Dan Johnson

Heart of Fire Ministries, {no . 
51:01 Bard?stow? Road; . 
49-291

Genstruetteanermaae?rit Loan for: the Heart ofF ire Ministries, Inc project at 5101 
Bar?stemxkeart, Letiis'ville, KY (the "Brejecm- 
Dear Bishop Dan:

We'- are pleased to advise yen that Steel; Yards: Batik and Trust Eomgany (the ?Bank er the "Lende1")
has: approved year request fer ?nanemg with reagent to the Prejeet, subject; te the feylotving terms and

n?

1. ?Berwwer Heart: at" Fires Ministrt?es, DIG. G?the Bertewar"er 
'2 Guarantor: HUD under the Church Arson Prevention Act of 1996'
3. Grimm] Can't-tractor: Ray i

I?m pose: Te, provide the Borroweaeenstmettett and peaamtent ?naneitrg purchase i
51:61 Bardstewn Read Louisville,- Kentucky, and constt not an all purpese building (the
en the site.

6-. Leati Al??un?? 1:51am 669 et 75% efa? MAI ?As Completed? Appriaisat whichever
'is- less. TEfi?e appraisal shali be erdered by the Lender.

7.- [than Facility; A seamed eeastruetion?te~permanent term loan.

3. Term;

BMW Period: Six (6) meat-ha
Permanent: Paalat?? Five (5) years with payments based en a twenty (20) year-
aramtizat-ion, beginning after tireDraw Period ends



9.0. Em: 32390

Louiam?iic. Kentucky . .. 1 - 
dleS?l?l??ti

502583-257]

SYB-SUBP-004003