ContractGuaranty Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
As an inducement to Branch Banking and Trust Company (“Bank”) to extend credit to and to otherwise deal with Southeast Power Corporation (“Borrower”), and in consideration thereof, the undersigned (and each of the undersigned jointly and severally if more than one) hereby absolutely and unconditionally guarantees to Bank and its successors and assigns the due and punctual payment of any and all notes, drafts, debts, obligations and liabilities, primary or secondary (whether by way of endorsement or otherwise), of Borrower, at any time, now or hereafter, incurred with or held by Bank, together with interest, as and when the same become due and payable, whether by acceleration or otherwise, in accordance with the terms of any such notes, drafts, debts, obligations or liabilities or agreements evidencing any such indebtedness, obligation or liability including all renewals, extensions and modifications thereof. The obligation of the undersigned is a guarantee of payment and not of collect
NOTE MODIFICATION AGREEMENTNote Modification Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
This Note Modification Agreement (hereinafter Agreement) is made and entered into this 29th day of December, 2009, by and between The Goldfield Corporation, maker(s), co-maker(s), endorser(s), or other obligor(s) on the Promissory Note (as defined below), hereinafter also referred to jointly and severally as Borrower(s); Branch Banking and Trust Company, a North Carolina banking corporation, hereinafter referred to as Bank.
Addendum to Loan Agreement Dated July 13, 2006Loan Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
The Agreement dated July 13, 2006 (Loan Agreement) between Branch Banking and Trust Company (Bank), Southeast Power Corporation (Borrower) and The Goldfield Corporation (Guarantor) is to also apply to a new Loan evidenced by a credit promissory note dated December 29, 2009, in the original principal amount of $3,825,000 and renewals and modifications of said note as made from time to time and all Loan Documents associated with said note.
BB&T SECURITY AGREEMENTSecurity Agreement • January 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction • Florida
