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EXTENNION/MODIfICA.TION AGREEMENT '
IIENbEE or' ~ (herein called 'PURCHABBR')
MORT~A~OR _ e
~ENOOR er - (herein called '$BLLBR')
NORTAAAEE - AYE PINBPOTTBRB INC.
CNATTELS LOCATED AT ,
• - DATE Of LIEN INaTRDMENT GATE FILEb _ COUNTY FILEQ f~LE NO•
Dao~t~c ~s 1958 'Ciro~nit Ca~trir Book 25
Conditional. s3aUl~oontraot "° st. Lnc3s aoaa+ar p• 3g5-386
it aid liln inSsgtrnient (a) is/are secured by interest bearing note (s).
Z, As reQuested by the PURCHASBR. the BBLLBR agrees to eztend the time/modify the
amount of payments provided for b7 the terms-of the aforementioned lien in-
strument (s) and note (a). .~39g5 lns a/Kinance
3. The PURCHASBR agrees to pay the unpaid bal~a11n1i4~ 59 '20n00tot 1 sn^ shall be
charge of~a9~4.59 making a total o! •
paid in ~ installments. with interest at 6 R, per annum after maturity.
as follows:
kith pp~p-trats da and p~gable on Jaunor'yDsoi~bsr ],5, 1965,
~1a374.59 sad Fsbroas'y 15, 1962 tln'aa~-
at #1,390.00 xith no inatallaeats due Jna~, Jn],y, ingnat
or 8eptwber o! a~ 7°ar•
4. To induce BBLLBR to extend/modify the aforementioned indebtedness. the undersigned
warrants that the amount of the debt aforesaid is a •alid, binding and existing
obligation of the undersigned. and that there are no defenses. offsets or counter-
claims of any kind whatsoever against said sa^.
S. BBLLBR is hereby authorized at its sole discretion to allocate any of the payments
to be YADB by PURCHASBR against any contract. order or account that the PURCHASBR
hen with the BBLLBR. The PURCHABBR warrants end represents that all of the
chattels set forth in the schedules in the aforesaid lien instrument (s) are all
intact and in good condition. and are presently in possession of the PURCHASBR at
the above-mentioned location, and ere free and clear of all liens and encnmb-
brances. except the afore-mentioned lien instruments.
6. All the terms and conditions of the aforesaid instruments shall remain in full
force and effect except insofar as the terms of Day^er,ts are modified and extended
by thin agreement. This agreement shall remain in full force and effect until
said indebtedness shall have been paid in full by the PURCHABBR to the BBLLBR. In
the event that PURCHASBR shall at any time hereafter fail to pay any of the
installments as set forth herein. the BBLLBR ^sy. at its option, declare this
agreement null and void sad proceed in accordance with the terms of the aforesaid
instruments sa though this agree^ent hid never been executed.
7. A default on the part of the PURCHASBR under the terms and conditions hereof
shall. at the option of the BBLLBR. constitute a default under the terms and
conditions of any other order or contract between the PURCHASBR and the BBLLBR•
8. The failure to Day any soma when due or otherwise default under any of the terms
and provisions of any othfl r contract or agreement executed between the PURCHASBR
and the BBLLBR aball at the option of the BBLLBR constitute a default under this
agreement. The BBLLBR at its sole option ^ty declare this agreement null and void
and Droceed in accordance with the aforesaid instrn^enta sa though this agreement
had never been a:ecuted. '
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