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HomeMy WebLinkAbout0933 ~Ok~, '1'flh.kH:h'UKt:, Eor and in consideration of the a~reeriient of t~ank to modify and extend [he ter~ns oE the aforesaid Yromissory Note, and in furth~c ca~,~:deratian of [he sum of Ten Uollars (;IU.UU) and other val~able consi.derations to each ot [he ~ndersigned ~aid by the other, receipt and sufficiency whereof is hereby acknow•ledged, do hereby covenant and a~cee as follows: .'IRS"I': I'hat the above described Mortgage shall continue to be a valid Eirst Mort~a~e lien upon the property her~in described and said Mortgage and Secucity Agreement shall stand as security ror the payment of the s~ms described hereinafter and in sa i d'tor t;~a,;e ; and ~ECUNU: As of Au~,;ust y, 195~, the outstandin,~ ~:~rincipal balance is jl,b(:)~~,23U.4b. THIKU: The Promissocy tiote dated July 3, 19x5 shall be i E rt~~id in accordance k•ith the Kestated Promissorv tiote at[ached ~ ' ; hereto as F;Yhibit t~ and incorporated t~erein by r~ference. ` hUI:RI'N: Ihe Assi;~nmen~ of P.~nts and Leases Rider attached ~ i heceto as Exhibit C and incorpocated herein by referer.ce, shali f E be erfective the date hereof anc~ becor;;e a part o[ tt~e ~tort5a5~ 9 ; and ~ecucity ~~sreer~~ent. i "r ir TN: Al l o[ the terms anu conciitions :.ontained in said ; ~ i'ro:;:is~ocy '~ote and `toct5a<e. and ~ecuri[y tl5cee:~~ent are hereby ~ ~ incorE~orated hereit~ 't~y c~tecence ard r:ade a part of this ~ g ~ r~~reen;ent and shali re;aain in full force and effect; said ~ € Yromissory tiote and `1ort5a5e and ;ecurity ASCee;nent bein5 f $ ;r;odif ied only as exE~ress:y ~covided herein. ~ ~ £ ~IXIt~: inis ,a~cetr:ent shall t~e bindin5 ut~on and st~ali inuce s ; to the ben~tit of the heirs, executors, ~~ersona: representatives, ~ su~ce5sors and assi~;ns of the ~arties hereta. 1~ i;II~E:>: 4;HE,kE_U'r, the parties have hereunto set th~ir ha«d; ~ind se~15 the day~ ~nc~ year f irst ~~bo•.•e ~~ri tten. 5~~ 333 _ 4~ . _ _sx,x .~~.e~