7.1. EDSR 12-21-2020 - Laserfiche WebLink

Home Browse Search

Indemnification”), between the Borrower and the Lender which amends and supplements the terms of the Original Environmental Indemnification; and (vii) a First Amendment to Mortgage and Assignment of Rents and Security Agreement and Fixture Financing Statement, dated as of the date hereof (the “First Amendment to Mortgage”), between the Borrower and the Lender, which amends and supplements the Original Mortgage (collectively, the “Amendment Documents”). To continue to secure the Loan and to evidence the amendment to the Loan andD. the Amendment Documents, the Borrower has agreed to execute and deliver to the Lender this First Amendment to Loan Agreement. NOW, THEREFORE, to induce the Lender to amend the terms of the Loan and the Original Loan Agreement, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: Amount and Purpose of the Loan. Section 1 of the Original Loan Agreement is hereby1. deleted and replaced in its entirety with the following: 1.Amount and Purpose of Loan. Borrower agrees to take and Lender agrees to make a mortgage loan in the principal amount of One Hundred and Fifty -ThreeFour Thousand FourOne Hundred FifteenSeventy and 8163/100 Dollars ($153,415.81154,170.63) (the “Loan”), the Loan to be evidenced by the Amended and Restated Note and secured by the First Amendment to Security Agreement, the Amended and Restated Personal Guaranties, the Amended and Restated Entity Guaranty, the First Amendment to the Environmental Indemnification, the First Amendment to the Mortgage and any other security document required under this Agreement. Defined Terms. The meanings of the defined terms set forth in the Original Loan2. Agreement are hereby amended as follows: The term “Loan Agreement” shall mean the Original Loan Agreement asa. amended by the First Amendment to Loan Agreement. The term “Security Agreement” shall mean the Original Security Agreement asb. amended by the First Amendment to Security Agreement. The term “Note” shall mean the Original Note as amended and restated by thec. Amended and Restated Promissory Note. The term “Mortgage” shall mean the Original Mortgage as amended by thed. First Amendment to Mortgage. The term “Entity Guaranty” shall mean the Original Entity Guaranty ase. amended and restated by the Amended and Restated Entity Guaranty. The term “Personal Guaranties” shall mean the Original Personal Guaranties asf. amended and restated by the Amended and Restated Personal Guaranties. 2 EL185\33\693031.v2