FIFTH MORTGAGE LOAN MODIFICATION AGREEMENTFifth Mortgage Loan Modification Agreement • May 28th, 2008 • NTS Mortgage Income Fund • Real estate investment trusts
THIS FIFTH MORTGAGE LOAN MODIFICATION AGREEMENT (the “Agreement”) is entered into as of the 19th day of May, 2008 (“Effective Date”) by and among NATIONAL CITY BANK, a national banking association and successor by merger to The Provident Bank, One East Fourth Street, Cincinnati, Ohio 45202 (the “Lender”), NTS/VIRGINIA DEVELOPMENT COMPANY (“NTS/Virginia”), a Virginia corporation, and NTS/LAKE FOREST II RESIDENTIAL CORPORATION, a Kentucky corporation (the “Borrowers”), ORLANDO LAKE FOREST JOINT VENTURE, a Florida joint venture (“Orlando Lake Forest”) and NTS MORTGAGE INCOME FUND, a Delaware corporation (the “Guarantor”).
