SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

12 Months Ended

Oct. 31, 2016

SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE [Abstract]

SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

URSTADT BIDDLE PROPERTIES INC.

OCTOBER 31, 2016

SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

(In thousands)

FIRST MORTGAGE LOANS ON BUSINESS PROPERTIES (c) and (d):

COL. A

COL. B

COL. C

COL. D

COL. E

COL. F

Description

Interest Rate

Final Maturity Date

Periodic Payment Terms

Remaining Face Amount of Mortgages (b)

Carrying Amount of Mortgages (a)

Coupon

Effective

Retail Property:

Rockland County, NY

3.779

%

3.779

%

October 10, 2017

Interest Only - Monthly

$

13,500

$

13,500

TOTAL MORTGAGE LOANS ON REAL ESTATE

$

13,500

$

13,500

Interest is one month LIBOR plus 3.25% per annum.

NOTES TO SCHEDULE IV

(a) Reconciliation of Mortgage Loans on Real Estate

	Year Ended October 31,
	2016		2015		2014
Balance at beginning of period:	$	-	$	-	$	-
Additions during period:
New mortgage loans		13,500		-		-
Deductions during the current period:
Collections of principal and amortization of discounts		-		-		-
Balance at end of period:	$	13,500	$	-	$	-

(b) The aggregate cost basis for Federal income tax purposes is equal to the face amount of the mortgages

(c) At October 31, 2016 no mortgage loans were delinquent in payment of currently due principal or interest.

(d) There are no prior liens for any of the mortgage loans on real estate.