Goldfield Corp Watch

from 8-K 2 pages Notice and Agreement Regarding Applicable Legal Entity in Loan Documents

from 8-K 4 pages Amendment No. 2 to Loan Agreement

from 8-K 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Four Million Five Hundred Thousand and No/100 Dollars ($4,500,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Commencing on April 7, 2019, Through and Including the Payment Due on March 7, 2020, Monthly Payments of Accrued Interest Only on the Same Day of Each Month. on April 7, 2020, and on the Same Day of Each Month Thereafter, Equal Monthly Payments of Principal in the Amount of $93,750.00 Shall Thereafter Commence, Plus Accrued Interest, With All Outstanding Principal, Accrued Interest, and All Other Amounts Then Due and Owing on March 7, 2024. Documentary Stamp Tax: Documentary Stamp Tax in the Amount of $2,450.00 Will Be Paid to the Florida Department of Revenue. Certificate of Registration No. 56-1074313-19-001

from 8-K 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Modification Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Thirty Eight Million Two Hundred Twenty Four Thousand and No/100 Dollars ($38,224,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. This Note Consolidates That Certain Modification Promissory Note Dated May 24, 2018, Executed by the Borrower in Favor of Bank in the Original Principal Amount of $27,490,000.00, With a Current Principal Balance Outstanding of $22,724,000.00, Together With a Future Advance of Even Date Hereof From Bank to Borrower in the Principal Amount of $15,500,000.00 (“Future Advance”), Such That the Consolidated Principal Amount Is $38,224,000.00. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Modification Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Commencing on March 9, 2019, Through and Including the Payment Due on December 9, 2019, Monthly Principal Payments of $598,000.00 Plus Accrued Interest on the Same Day of Each Month Thereafter. Commencing on January 9, 2020, Equal Monthly Principal Payments of $650,000.00, Plus Accrued Interest, on the Same Day of Each Month Thereafter, With All Outstanding Principal, Accrued Interest, and All Other Amounts Then Due and Owing on March 9, 2024

from 8-K 5 pages First Amendment to Master Loan Agreement Dated May 24, 2018

from 10-Q 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Eighteen Million and No/100 Dollars ($18,000,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Note Attached Hereto. Principal and Interest Are Payable as Follows: Principal (Plus Any Accrued Interest Not Otherwise Scheduled Herein) Is Due in Full at Maturity on November 28, 2020. Accrued Interest Is Payable Monthly Commencing on June 9, 2018 and Continuing on the Same Day of Each Calendar Period Thereafter, With One Final Payment of All Remaining Interest Due on November 28, 2020. Documentary Stamp Tax: Documentary Stamp Tax in the Amount of $2,450.00 Has Been or Will Be Paid to the Florida Department of Revenue. Certificate of Registration No. 56-1074313-19-001

from 10-Q 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Modification Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Twenty Seven Million Four Hundred Ninety Thousand and No/100 Dollars ($27,490,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. This Note Consolidates That Certain Promissory Note Dated June 9, 2017, Executed by the Borrower in Favor of Bank in the Original Principal Amount of $22,600,000.00, With a Current Principal Balance Outstanding of $16,990,000.00, Together With a Future Advance of Even Date Hereof From Bank to Borrower in the Principal Amount of $10,500,000.00 (“Future Advance”), Such That the Consolidated Principal Amount Is $27,490,000.00. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Modification Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Commencing on June 9, 2018, Through and Including the Payment Due on December 9, 2018, Monthly Principal Payments of $510,000.00 Plus Accrued Interest on the Same Day of Each Month

from 10-Q 22 pages Master Loan Agreement

from 8-K 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Eighteen Million and No/100 Dollars ($18,000,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Note Attached Hereto. Principal and Interest Are Payable as Follows: Principal (Plus Any Accrued Interest Not Otherwise Scheduled Herein) Is Due in Full at Maturity on November 28, 2020. Accrued Interest Is Payable Monthly Commencing on June 9, 2018 and Continuing on the Same Day of Each Calendar Period Thereafter, With One Final Payment of All Remaining Interest Due on November 28, 2020. Documentary Stamp Tax: Documentary Stamp Tax in the Amount of $2,450.00 Has Been or Will Be Paid to the Florida Department of Revenue. Certificate of Registration No. 56-1074313-19-001

from 8-K 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Modification Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Twenty Seven Million Four Hundred Ninety Thousand and No/100 Dollars ($27,490,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. This Note Consolidates That Certain Promissory Note Dated June 9, 2017, Executed by the Borrower in Favor of Bank in the Original Principal Amount of $22,600,000.00, With a Current Principal Balance Outstanding of $16,990,000.00, Together With a Future Advance of Even Date Hereof From Bank to Borrower in the Principal Amount of $10,500,000.00 (“Future Advance”), Such That the Consolidated Principal Amount Is $27,490,000.00. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Modification Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Commencing on June 9, 2018, Through and Including the Payment Due on December 9, 2018, Monthly Principal Payments of $510,000.00 Plus Accrued Interest on the Same Day of Each Month

from 8-K 22 pages Master Loan Agreement

from 8-K 5 pages The Goldfield Corporation (Whether One or More, the “Borrower”) Hereby Represents That the Loan Evidenced by This Promissory Note (“Note”) Is Being Obtained for Business/Commercial or Agricultural Purposes and Not for Personal, Family, or Household Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (Including Its Successors and Assigns, the “Bank”), or Order, at Any of Bank’s Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank) the Sum of Twenty Two Million Six Hundred Thousand and No/100 Dollars ($22,600,000.00), or Such Lesser Amount Outstanding at Maturity, in Immediately Available Currency of the United States of America. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: Adjusted Libor Rate as More Specifically Described in the Addendum to Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Commencing on July 9th, 2017, and on the Same Day of Each Month Thereafter, Monthly Principal Payments of $510,000.00 Plus Accrued Interest on the Same Day of Each Month, Until Paid in Full. Documentary Stamp Tax: Documentary Stamp Tax in the Amount of $2,450.00 Has Been or Will Be Paid to the Florida Department of Revenue. Certificate of Registration No. 56-1074313-19-001

from 8-K 22 pages Master Loan Agreement

from 8-K 4 pages The Goldfield Corporation (The “Borrower”), Whether One or More) Hereby Represents That the Loan Evidenced Hereby Is Being Obtained for Business/Commercial Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (The "Bank"), or Order, at Any of Bank's Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank), the Sum of Two Million and No/100 Dollars ($2,000,000.00), in Immediately Available Currency of the United States of America. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: See Addendum to Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Accrued Interest Is Payable Monthly Commencing on April 6, 2015, and Continuing on the Same Day of Each Calendar Period Thereafter, Until March 6, 2016, at Which Time Principal and Interest Shall Be Paid as Follows: 1. Commencing April 6, 2016 and Each Month Thereafter Through and Including March 6, 2020, Monthly Principal Payments in the Amount of 1/48th of the Principal Balance Outstanding as of March 6, 2016, Plus Monthly Accrued Interest; 2. on March 6, 2020 the Entire Outstanding Principal and Accrued Interest Shall Be Due and Payable in Full

from 8-K 4 pages The Goldfield Corporation (The “Borrower”), Whether One or More) Hereby Represents That the Loan Evidenced Hereby Is Being Obtained for Business/Commercial Purposes. for Value Received, the Borrower, Jointly and Severally if More Than One, Promises to Pay to Branch Banking and Trust Company, a North Carolina Banking Corporation (The "Bank"), or Order, at Any of Bank's Offices in the Above Referenced City (Or Such Other Place or Places That May Be Hereafter Designated by Bank), the Sum of Seventeen Million and No/100 Dollars ($17,000,000.00), in Immediately Available Currency of the United States of America. Interest Shall Accrue From the Date Hereof on the Unpaid Balance Outstanding From Time to Time at The: See Addendum to Promissory Note Attached Hereto. Principal and Interest Are Payable as Follows: Commencing on April 6, 2015, and on the Same Day of Each Month Thereafter, Monthly Principal Payments of $283,500.00, Plus Accrued Interest on the Same Day of Each Month, Until Paid in Full

from 8-K 20 pages Master Loan Agreement

from 8-K 19 pages Master Loan Agreement

from 8-K 19 pages Master Loan Agreement

from 8-K 18 pages Master Loan Agreement

from 8-K 3 pages Loan Agreement Addendum 9660933120/00007 Signature Page