Common Contracts
1 similar Construction Conversion Modification Agreement contracts
Space Above This Line For Recording Data]______________________ CONSTRUCTION CONVERSION MODIFICATION AGREEMENT (Adjustable Interest Rate)Construction Conversion Modification Agreement • October 9th, 2020
This Construction Conversion Modification Agreement (the “Agreement”), made and effective this __________ day of ____________________, ________, between _____________________________________ (“Lender”) and ___________________________________________________________ (“Borrower”), modifies and amends certain terms of Borrower’s indebtedness evidenced by (1) the interim construction financing adjustable interest rate Note (the “Adjustable Rate Note”) to Lender dated the ______________ day of ____________________, ________, in the original principal sum of U.S. $______________________________ and secured by (2) the Mortgage, Deed of Trust, or Security Deed (the “Security Instrument”) and Rider(s), if any, dated the same date as the Adjustable Rate Note and recorded in Book or Liber ___________________________________________, at pages __________________________________, of the _______________________________ Records [Name of Records] of __________________________________ [County and State,
