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<br />EL185\40\720782.v1
<br />Amendment to Security Agreement”), between Die Concepts, Inc. (“Die Concepts”) and the Mortgagor,
<br />which amends the Security Agreement, dated May 23, 2016 (the “Original Security Agreement, and
<br />together with the First Amendment to Security Agreement, the “Security Agreement”) between Die
<br />Concepts and Mortgagor; (ii) this First Amendment to Mortgage; (iii) the Amended and Restated Personal
<br />Guaranties, of even date herewith (the “Amended and Restated Personal Guaranties”), from Fred Trapp
<br />and Michael Tracey, which amend and restate the Personal Guaranties, dated May 23, 2016 (the “Original
<br />Personal Guaranties, and together with the Amended and Restated Personal Guaranties, the “Personal
<br />Guaranties”) from Fred Trapp and Michael Tracey; (iv) the Amended and Restated Entity Guaranty, of
<br />even date herewith (the “Amended and Restated Entity Guaranty”), from Die Concepts, which amends and
<br />restates the Entity Guaranty, dated May 23, 2016 (the “Original Entity Guaranty, and together with the
<br />Amended and Restated Entity Guaranty, the “Entity Guaranty”), from Die Concepts to the Mortgagor; (v)
<br />the First Amendment to Loan Agreement, dated as of the date hereof (the “First Amendment to Loan
<br />Agreement” and together with the Original Loan Agreement, the “Loan Agreement”), between the
<br />Mortgagor and the Mortgagee which amends the Original Loan Agreement; and (vi) the Amended and
<br />Restated Promissory Note, dated the date hereof (the “Amended and Restated Promissory Note” and
<br />together with the Original Promissory Note, the “Note”), from the Mortgagee to the Mortgagor.
<br />
<br />F. This is a mortgage amendment as defined in Minnesota Statutes, Section 287.01,
<br />Subdivision 2, and as such it does not secure a new or an increased amount of debt. Minn. Stat. 287.05,
<br />Subdivision 8. Mortgage registry tax was paid with respect to the indebtedness secured by the Mortgage
<br />on the date of recording.
<br />
<br /> NOW, THEREFORE, in consideration for the amendments to terms of the Loan set forth in this First
<br />Amendment to Mortgage, the First Amendment to Loan Agreement, and the Amended and Restated
<br />Promissory Note and the mutual promises and covenants contained herein, the Mortgagee and Mortgagor agree
<br />as set forth below:
<br />
<br />1. On the date hereof, the Loan remains outstanding in the amount of $146,253.78.
<br />
<br />2. The maturity date of the Loan shall be extended to May 1, 2023.
<br />
<br />3. The term “Loan Agreement” as used in the Original Mortgage, as amended by the First
<br />Amendment to Mortgage, shall mean the Original Loan Agreement as amended by the First
<br />Amendment to Loan Agreement.
<br />
<br />4. The term “Promissory Note” or “Note” as used in the Original Mortgage, as amended by the
<br />First Amendment to Mortgage, shall mean the Original Promissory Note as amended by the
<br />Amended and Restated Promissory Note.
<br />
<br />5. Except as specifically amended by this First Amendment to Mortgage, the Original Mortgage
<br />is here by ratified and confirmed in all respects, remains in full force and effect, and is
<br />incorporated herein by reference.
<br />
<br />[Signature Page follows]
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