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201301156
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Last modified
8/19/2014 2:22:17 PM
Creation date
2/12/2013 3:58:14 PM
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DEEDS
Inst Number
201301156
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D. The Parties wish to modify and amend the terms of the Debt Instrument and of the Security Instrument <br />to provide for a maturity /payment in full date for the Debt Instrument of January 22, 2053. <br />For good and valuable consideration, the receipt and sufficiency of which the Parties acknowledge, <br />Borrower and Lender agree as follows: <br />1. The Debt Instrument and the Security Instrument are each modified and amended to provide for a <br />maturity /payment in full date for the Debt Instrument of Error! Reference source not found.Error! <br />Reference source not found.. The purpose of this modification is, in part, to establish a lien <br />expiration date as a matter of law. <br />2. All capitalized terms not defined herein shall have the meanings set forth in the Debt Instrument and <br />in the Security Instrument. Herein, the Debt Instrument, the Security Instrument, and all other <br />instruments and documents executed in conjunction with or ancillary to the making of the Loan shall <br />be collectively referred to as the "Loan Documents ". <br />3. Except as expressly provided in this Agreement, all terms, covenants, conditions, and provisions of <br />the Debt Instrument, Security Instrument, and all other Loan Documents (including any previous <br />modifications) shall remain unchanged and in full force and effect, and this Agreement shall not <br />affect Lender's security interest in, or lien priority on, the Property. Borrower agrees to be bound by <br />and to perform all of the covenants and agreements in the Security Instrument, the Debt Instrument, <br />and in all other Loan Documents at the time and in the manner therein provided. <br />4. In the event of any irreconcilable conflict between any provision of this Agreement and any provision <br />of any of the Loan Documents, the provisions of this Agreement shall control. <br />5. This Agreement shall not be construed to be a satisfaction, novation, or partial release of either the <br />Security Instrument or of the Debt Instrument. <br />6. As to any Borrower who signed the Security Instrument, but who did not execute the Debt Instrument <br />(a "co- mortgagor /co- trustor "), this Agreement does not modify, change or terminate the nature of the <br />co- mortgagor /co- trustor's obligation in connection with the Debt Instrument or with the Security <br />Instrument. The co- mortgagor /co- trustor is not personally obligated to pay the debt evidenced by the <br />Debt Instrument and secured by the Security Instrument (as extended or amended hereby). The co- <br />mortgagor/co- trustor agrees that Lender and Borrower may agree to extend, modify, forbear or make <br />other accommodations with regard to the terms of the Debt Instrument or the Security Instrument (as <br />extended or amended hereby) without the co- mortgagor /co- trustor's consent. <br />7. This Agreement is binding on and shall inure to the benefit of the respective heirs, legal <br />representatives, successors, and permitted assigns of the Parties. <br />By signing below, Borrower acknowledges that Borrower has received, read, and agrees to the terms <br />of this Agreement and that Borrower has retained a copy of this Agreement. <br />The Parties have executed this Agreement under seal as of the day and year first above written. <br />RROWER: <br />Mary Jane Kennedy /l` �� / <br />� y <br />ignature)/ <br />(Printed Name) <br />(Signature) <br />(Printed Name) <br />(Signature) <br />(Printed Name) <br />AGREEMENTS: <br />2 Qi30115C <br />NE -0790NOWLINE -0512 (ROC) Page 2 <br />
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