My WebLink
|
Help
|
About
|
Sign Out
Browse
200105573
LFImages
>
Deeds
>
Deeds By Year
>
2001
>
200105573
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/14/2011 5:26:54 AM
Creation date
10/20/2005 9:00:39 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200105573
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
2001055'73 <br />modifications, substitutions and renewals thereof, and together with optional future advances as <br />provided for therein. On or about even date herewith, the Original Note has been modified to <br />increase the amount of principal and reduce the rate of interest. The new note is in the principal <br />amount of $3,577,500.00 ( "Note "). <br />C. The relevant assets and the obligations of Borrower have been assumed by Hoch, Inc. <br />who together with H & H Carrier Corporation and The Harry A. Hoch Family Trust Created <br />Pursuant to Article VII, Paragraph C, of the Harry A. Hoch Revocable Insurance Trust Dated July <br />13, 1983, as amended July 12, 1986, have from time to time, requested additional financing from <br />Beneficiary as evidenced by additional promissory notes ( "Additional Notes ") which with the Note <br />are in the aggregate principal amount of $8,922,490.00. The last of the Additional Notes will <br />mature on March 31, 2015. Trustor has guaranteed the Note and the Additional Notes pursuant to <br />a separate written guaranty agreement. The Trustor and Beneficiary desire to confirm that the <br />indebtedness evidenced by the Additional Notes is secured by the terms of the Deed of Trust and <br />Assignment of Leases and Rents. <br />D. Trustor acknowledges that the Deed of Trust and the Assignment of Leases and Rents <br />serve as security for all of the above obligations, and desires to confirm the same through the terms <br />hereof. <br />NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which is <br />hereby expressly acknowledged, Trustor covenants and agrees as follows: <br />1. The term "Note" in the Deed of Trust and in the Assignment of Leases and Rents <br />includes the Original Note, the Note and the Additional Notes, together with any and all extensions, <br />modifications, renewals substitutions and renewals thereof. The term "Obligations" in the Deed of <br />Trust and in the Assignment of Leases and Rents includes the Original Note, the Note and the <br />Additional Notes, together with any and all extensions, modifications, renewals substitutions and <br />renewals thereof. All references to Note or to Obligations in the Deed of Trust and in the <br />Assignment of Leases and Rents include such terms, as modified herein. <br />2. Except as modified, and then only to the extent so modified, the Deed of Trust and <br />the Assignment of Leases and Rents remain in full force and effect as written. Trustor hereby <br />adopts and reaffirms its obligations under the Deed of Trust and the Assignment of Leases and <br />Rents, as modified herein, and acknowledges the same to be the valid and binding obligation and <br />agreement of Trustor, enforceable in accordance with its terms. Trustor represents that, as of the <br />date hereof, there is not existing or continuing any event which is an Event of Default or which, but <br />for the lapse of time or the giving of notice or both, would constitute an event of default. This <br />Modification to Deed of Trust and Assignment of Leases and Rents does not in any way affect, alter, <br />amend or modify the terms of any other document or agreement securing or guaranteeing the <br />performance of any Obligations. <br />2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.