MODIFICATION AND EXTENSION AGREEMENTModification and Extension Agreement • November 26th, 2007 • Premier Financial Bancorp Inc • State commercial banks
Whereas, Borrower is indebted to Lender as of the date hereof in the amount of $0.00 evidenced by a promissory note from Borrower to Lender in the original face amount of three million five hundred thousand and 00/100 ($3,500,000.00), dated November 10, 2006 (the “Note”), which is secured by 559,800 shares of Citizens Deposit Bank & Trust (Vanceburg) stock and 18,750 shares of Farmers Deposit Bank (Eminence) stock.
