Common use of MODIFICATION OF NOTE Clause in Contracts

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereof, by deleting in its entirety the paragraph entitled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: Interest only on the outstanding principal amount shall be due and payable monthly, in arrears, beginning on August 1, 1996, and continuing on the first day of each month thereafter until maturity. On February 27, 1998, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note to February 27, 1998.

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereof, by deleting in its entirety the paragraph entitled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: Interest only on the outstanding principal amount shall be due and payable monthly, in arrears, beginning on August 1, 1996, and continuing on the first day of each month thereafter until maturity. On February 27March 30, 19981999, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note to February 27March 30, 19981999.

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereofDecember 31, 1998, by deleting the principal and interest payment schedule set forth in its entirety the Note in the paragraph entitled titled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: Interest only on the outstanding principal amount shall be due and payable monthly, in arrears, beginning on August April 1, 19961998, and continuing on the first day of each month thereafter until maturity. On February 27May 31, 19981999, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note Loan to February 27May 31, 19981999.

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereof, by deleting in its entirety the paragraph entitled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: Interest only on the outstanding principal amount shall be due and payable monthly, in arrears, beginning on August 1, 1996, and continuing on the first day of each month thereafter until maturity. On February 27March 29, 1998, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note to February 27March 29, 1998.

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereofMay 31, 1999, by deleting the principal and interest payment schedule set forth in its entirety the Note in the paragraph entitled titled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: . Interest only on the outstanding principal amount shall be due and payable monthly, in 2 arrears, beginning on August April 1, 19961998, and continuing on the first day of each month thereafter until maturity. On February 27September 30, 19981999, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note Loan to February 27September 30, 19981999.

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereofSeptember 30, 1999, by deleting the principal and interest payment schedule set forth in its entirety the Note in the paragraph entitled titled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: Interest only on the outstanding principal amount shall be due and payable monthly, in arrears, beginning on August April 1, 19961998, and continuing on the first day of each month thereafter until maturity. On February 27October 31, 19981999, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note Loan to February 27October 31, 19981999.

MODIFICATION OF NOTE. The terms of the Note are hereby modified and amended, effective as of the date hereofJanuary 15, 2000, by deleting the principal and interest payment schedule set forth in its entirety the Note in the paragraph entitled titled "Payment Schedule" set forth on page 1 of the Note and replacing it with the following: "PAYMENT SCHEDULE. Principal and interest shall be due and payable as follows: Interest only on the outstanding principal amount shall be due and payable monthly, in arrears, beginning on August April 1, 19961998, and continuing on the first day of each month thereafter until maturity. On February 27March 30, 19982000, all unpaid principal, plus accrued and unpaid interest, shall be due and payable in full." The purpose of this modification is to extend the maturity date of the Note Loan to February 27March 30, 19982000.