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200803791
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Last modified
5/5/2008 3:53:16 PM
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5/5/2008 3:53:16 PM
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DEEDS
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200803791
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<br />D~ <br />~ q <br />::r~ <br />:p::::::.. <br />fJ\1 " <br />~. ~' <br />:'> <br />C;f-f <br />Q, <br />o,~ <br /> <br />~ <br />z <br />~~~ <br />ncn <br />~% <br /> <br />............ <br />Q <br />o <br /> <br />i~ <br />n:t <br />~ <br /> <br /> -- <br /> ,~ ~ <br /> c=.:::t ("") (f) 0 <br /> <.--=> 0-1 rri <br /> 0::;0 <br /> ~ c: )> ~ <br /> ::3 ;z-1 :D <br />~~ ::0 -jfTl C) m <br />-c -<0 0 <br />,,-;. - (;:) > <br /> 0'" en <br />0 U1 "'z <br />..." co Z <br /> r :x:m <br />0 )> en 0 i1 <br />rr1 :D r ::0 <br />", ::3 (...) <br />0 r )> C <br />(f) Ul -...,J s: <br /> <.0 ;::><:: m <br /> po CD Z <br /> C0 -- -f <br /> 0> (f) '.1-' Z <br /> en 0 <br /> ,7d.50 <br /> <br />N <br />o <br />o <br />CO <br />o <br />W <br />-.....J <br /><0 <br />... <br /> <br /> <br />--- -- <br /> <br />DEED OF mUST MODIFICATION AGREEMENT <br /> <br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this 21th day of <br />April, 2008, by and between Neil Gottlob and Judy Gottlob, husband & wife, hereinafter referred to as <br />"Borrower", and EQUITABLE BANK, hereinafter referred to as "Lender". <br /> <br />WITNESSETH: <br /> <br />WHEREAS, Borrower did e~ecuteacerta~e4o-th.e order ef,theL~~,U1e original <br />amount of ONE HUNDRED FIFTY THOUSAND ONE HUNDRED SIXTY and No/IOO Dollars <br />($150,160.00), dated March 8, 200" ~ <br /> <br />WHEREAS, the Note described above was secured by a Deed of Trust dated March 8, 2006, ftled <br />of record in the Office of the Hall County Register of Deeds on March 14, 2006, as Instrument no. <br />200602241 which included that real estate described as: <br /> <br />SEE ATTACHED EXHIBIT A <br /> <br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust identified <br />hereinabove to extend its maturity by reason of the execution and delivery of a new Note evidencing the <br />replacement of the original Note that contained a stated maturity date that the parties now agree should be <br />extended to allow for repayment of the debt as evidenced in such replacement Promissory Note; <br /> <br />NOW, THEREFORE, it is agreed: <br /> <br />1. Security for New Instrument of Indebtedness. The indebtedness described in the Deed of Trust <br />identified above, shall from the date hereof secure a Note in the amount of One hundred Fifty-Six <br />Thousand Seven Hundred Ninety-One and 50/1 00 Dollars ($156,791.50) of even date herewith, together <br />with all renewals, modifications and extensions thereof and any and all future advances and retadvances <br />thereof. <br /> <br />2. Modification of Date of Stated Maturitv. The Maturity Date in respect to the indebtedness to <br />be secured the Deed of Trust hereby modified is extended from March 27,2007 to May 1,2038. <br /> <br />3. Continuing Effect. Except as specifically modified by this Deed of Trust Modification <br />Agreement, all other terms and provisions of the Deed of Trust hereinabove identified shall remain in full <br />force and effect. <br /> <br />4. Effect on other Security. All real estate mortgages, deeds of trust, assignments and security <br />agreements heretofore or concurrently herewith to be granted shall remain m full force and effect to the <br />extent not inconsistent with this Deed of Trust Modification Agreement and shall continue as security for <br />Borrower's remaining indebtedness previously existing and additional indebtedness hereinabove set forth <br />until such sum shall be paid, as well as any future indebtedness owing from Borrower to the Lender for <br />future advances and renewals in respect to all sums owing from Borrower to Lender. <br />
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