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HWGIN8...1DI1lCHT LKASDtJ CO., INCORPORA~V
SOPPI.lOGCNT NO. 1
'1'0
~A '!TEL J40R'ro AG r~
Th1!) Supplement No. 1 dated as or October 15, 1962
1'rom Hug1.n&-Itneoht Loae1ng Co., Incorporated; a Texas corporation
(th~ HCoftlpany")" havinC ltl' pr1nolpal ot't'1oe at the Dallas Athletio
Club Build1.ng, Dallas, Texas} part,. of the tlrat part J to 1'he
Guardian LU'e Insurance Co~f or ADerloa # a New York corporation
(the "'Mortgagee!! ) I party ot the a.cond part J
WITNESSETH
WH.E.REA.S the Company t-.ae heretofore t'lxeouted and delivered
thOB6 certain Chattel Mortgages dated as of April 24.. 1962 and
June 27, 1962~ N!spoeotlvely, (the- "Orls1nal Mortgagee!!) &8 a60Llrity
ror th~ payment in full of all pr1nc1pal or and 1nt~~et on the
Chat,tel Jt:>rtgage Note5 or the ~y not 6XCtH.HUng fJ.tOOJ~J{) In
aggreg,at!! principal amount) 10eued or to be 1a6ued and oU'C5tandlng
under that oertain Note Agre~nt dated aa of' April 10 j 1962 (the
lINot.e Agreement If) bet'We~;m the Company and the Mortgagee j and
WHEREAS the Original Mortpgee have been recol"\.ied or filed
for ~(H}rd 1n the public orrlce:~ l""'eferred to in Sohedule I attached
hereto and made a part hereof I all as mort! fully 6et torch in o!Ald
Schudule; and
WHEREAS pursuant t,o ~a1d Note Agreement th~ ('\)mpany haft
heretotore it!B\ied and d'!llvtu'-edJ and in justly and truly obligated
and indebted in reapeot (.f, Chattel Mot'rtgage Not66 of the Company
pa;.:able to the ordl:lI" of t...lte Pk>rtgagee in the a..ggNt')!te original
p~'1nc1paJ aln<.?unt of '311j688.73~ and
WHERE..~-i tt16 Compa-flY &nd t.he Mc:rtgag~~ have entf'~Nd into
that certain First Amen~rlt dated tlB of Septem.ber 4, 1962 to tho
Note AgX"~emnt increaalr<< the aggregate prinoipal amount of the
6..~3/4~ C'hAtt~l Mortgage NoteH ,mien'M}' be lBl!luei1 t\m1 delive~d hy
the C<H'i'tparlY i.Ulder the Note ~l"e~fient and whioh the Mortgagee 16
comrn..1 tted t..o pUl'Ohlue troll $!tOO ,000 to .550,000; and
w.HFStEP.,S th~ C't..attel ~M;gage ~:t~!l :teaue.-1 01' to b45 lnuued
and outBt.anctlng und<11r t..'1e Note A~~nt lite lllt\l0nded by the Firat
Am~nd:mt.nt t..~eret:o antj all principal tJ'1fJ'~t' and lnt~refJt thereon
are intentl,ed to be and snall bt! 1:iQUhl1y and .l."'AtahJ.y lHioured by Bnd
t"u h$.ve thf! ben~rlt, af:our~d;y and fI"",,)t~'H.,.tion ryt the original M.or-t-
gegC-8 . €u~ gupplf!~nt!:!d by th1 a t-h!pp.~(Hr~nt ~md the :rJ(),i~tg:Bged pr"',)peI~ty
thert!.i.n $.rtd in th'3.a Supple:!ient. ~aQt'ibed to the ri.f"...me e~~tnnt a.nd
111. th the ~~ fOr"O-t! wd eft'Bot a~ it th~ Orlg.1nal tF-.or'tgugea had in
the tl!'"'8t iratan<.;~ I.'i!tU't1._\lularly lnelud~d t'ind i"'eferr"ed t.o Chattel
Mor<t~e Note~ nt.>t ffxc~~(ting ':J5()~C>{JO :in a.uregat~ prln(j:1.'pal aa:Junt
a8 ~rt of t:h~ i.nd~~}t~..ef:,!~. tiHH'-eby ~eo\H~d i\.ftd h<<.1 ~f"tloultu'ly
inc~t!d~d ana rett'~o to tr..e @Q'u1~nt d~scrib{'d In thie Suppl~""
man'C &!i part O'l t.~e pro~r-ty t'OOrtpg#Jd thel~\lnd~r'J and