EX-10.2
STRATUS PROPERTIES INC
Document
Amended and Restated Installment Note
One-Month Term Secured Overnight Financing Rate (SOFR)
AMOUNT
$26,129,941.00
NOTE DATE June 8, 2026
MATURITY DATE August 8, 2027 (subject to acceleration as set forth in the Loan Documents)
1. Promise to Pay. ON OR BEFORE THE MATURITY DATE, as stated above, FOR VALUE RECEIVED, the undersigned promise(s) to pay to the order of FIFTH THIRD BANK, N.A., successor by merger to Comerica Bank (herein called “Bank”), at any office of the Bank in the State of Texas, the principal sum of TWENTY-SIX MILLION ONE HUNDRED TWENTY-NINE THOUSAND NINE HUNDRED FORTY-ONE AND NO/100THS DOLLARS (U.S.) ($26,129,941.00), together with all accrued and unpaid interest thereon and all other amounts due Bank hereunder, all in accordance with the terms and conditions of this Note. Capitalized terms used but not defined in this Note shall have the meaning given to such capitalized terms in the Loan Agreement.
2. Payments; Interest.
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