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200403524
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200403524
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Last modified
10/16/2011 2:41:03 PM
Creation date
10/21/2005 12:34:42 AM
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DEEDS
Inst Number
200403524
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200403524 <br />1. This First Amendment is and shall be construed and considered as part of the <br />Deed of Trust. <br />2. The paragraph following the "Witnesseth" on page 1 of the Deed of Trust is <br />deleted, and the following substituted therefor: <br />WHEREAS, Trustor is indebted to Beneficiary in the principal sum of <br />Seven Million Dollars ($7,000,000.00), which indebtedness is evidenced by a <br />promissory note in the original principal sum of $7,000,000.00 made by Trustor <br />dated the date of the First Amendment (which amends and restates, but did not <br />extinguish the indebtedness evidenced by, a promissory note dated September 25, <br />2002, in the original principal amount of $6,175,000) and having a maturity date <br />of February 1, 2013 (hereinafter called the "Note "). <br />3. The Deed of Trust, including such changes, modifications and amendments as <br />herein are contained, is in full force and effect with respect to each and every term and provision <br />thereof and nothing herein contained can in any manner affect the lien of the Deed of Trust on <br />the Property. Nothing contained herein shall impair the validity or priority of the Deed of Trust <br />or the Liabilities thereunder, or alter, waive, annul, vary or affect any provision, term, condition <br />or covenant therein, except as provided in this First Amendment or affect or impair any rights, <br />powers, privileges, duties or remedies under the Deed of Trust, it being the intent of the Trustor <br />and the Beneficiary that the terms and conditions thereof shall continue in full force and effect <br />except as specifically amended hereby. <br />4. Except as specifically amended hereby, all defined terms in this First Amendment <br />shall have the meanings provided in the Deed of Trust. <br />IN WITNESS WHEREOF, the Trustor and the Beneficiary have executed this First <br />Amendment as of the day and year first above written. <br />LEON PLASTICS, INC. <br />By <br />[ZL),& <br />Its: �,�4rt�6 <br />� -e j � , <br />FIFTH THIRD BANK (WESTERN MICHIGAN) <br />By: 1 G <br />aniel )6rady <br />Its: Vice esident <br />-2- <br />
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