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201705361
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Last modified
12/9/2019 6:08:45 PM
Creation date
8/10/2017 12:06:56 PM
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DEEDS
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201705361
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C,, <br />Cr.) <br />CA <br />IMMENENEo <br />AFTER RECORDING RETURN TO: <br />Polsinelli <br />.�, 100 S. Fourth Street, Suite 200 <br />St. Louis, Missouri 63102 <br />Attention: Robert C. Graham III <br />59625853_2-c <br />59625853.2 <br />WITNESSETH: <br />Space above this line for Recorder's Use <br />FIRST MODIFICATION AGREEMENT <br />THIS AGREEMENT (this "Agreement "), made and entered into as of the 3 t» day of <br />a , 2017, by and between KM GRAND ISLAND JOINT VENTURE, LLC, a <br />Mis uri limited liability company, with an address at 2127 Innerbelt Business Center Drive, <br />Suite 310, St. Louis, Missouri 63114, (hereinafter referred to as "Borrower" or "Grantor" <br />whether one or more persons) and SIMMONS BANK (f/k/a SIMMONS FIRST NATIONAL <br />BANK), a national banking association, its successors and assigns, with an address at 8151 <br />Clayton Road, St. Louis, Missouri 63117 (hereinafter referred to as "Lender" or "Grantee "); <br />WHEREAS, Lender extended certain financing to Borrower in the amount of Six Million <br />Five Hundred Thousand and 00 /100 Dollars ($6,500,000.00) (the "Loan") pursuant to the terms <br />of a certain Construction Loan Agreement dated as of December 22, 2015, between Lender and <br />Borrower (the "Loan Agreement "); <br />WHEREAS, Borrower executed and delivered a certain promissory note to evidence the <br />Loan for the sum of Six Million Five Hundred Thousand and 00 /100 Dollars ($6,500,000.00) <br />dated as of December 22, 2015, payable to the order of Lender on December 21, 2020 <br />(hereinafter referred to as the "Note "); <br />
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