EXHIBIT 10.1
SECOND AMENDED AND RESTATED GUARANTY OF PAYMENT
This SECOND AMENDED AND RESTATED GUARANTY OF PAYMENT (this “Guaranty”) is dated to be effective as of July 6, 2024, irrespective of the actual date of execution, and is executed by GLOBAL SELF STORAGE, INC., a Maryland corporation (the “Guarantor”), to and for the benefit of THE HUNTINGTON NATIONAL BANK, successor by merger to TCF National Bank (“Lender”).
R E C I T A L S:
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, Guarantor hereby agrees as follows:
A G R E E M E N T S:
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To Lender: |
| The Huntington National Bank 2655 Warrenville Road, Suite 100 Downers Grove, IL 60515 Attn: James Straka |
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With a copy to: |
| Polsinelli PC 1401 Lawrence Street, Suite 2300 Denver, CO 80202 Attn: Michael Strand |
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To Guarantor: |
| Global Self Storage, Inc. 3814 Route 44 Millbrook, NY 12545 Attn: Mark C. Winmill |
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With a copy to: |
| McCarter & English, LLP 825 Eighth Avenue, 31st Floor New York, NY 10019 Attn: Curtis B. Leitner and Howard M. Berkower |
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or to any other address as to any of the parties hereto, as such party shall designate in a written notice to the other parties hereto. All notices sent pursuant to the terms of this Section shall be deemed received (i) if personally delivered, then on the date of delivery, (ii) if sent by overnight, express carrier, then on the next federal banking day immediately following the day sent, or (iii) if sent by registered or certified mail, then on the earlier of the third federal banking day following the day sent or when actually received.
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IN WITNESS WHEREOF, Guarantor has executed this Second Amended and Restated Guaranty of Payment as of the date first above written.
GUARANTOR:
GLOBAL SELF STORAGE, INC.,
a Maryland corporation
By: /s/ Donald Klimoski II
Name: Donald Klimoski II
Title: General Counsel
ACKNOWLEDGMENT
State of New York
County of Kings
On the 3rd day of July in the year 2024 before me, the undersigned, personally appeared Donald Klimoski II, personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her their signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument.
/s/ Daniel Ross, Notary Public
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Signature and Office of individual
taking acknowledgment
(Signature Page to Second A&R Guaranty of Payment (Single Guarantor))