AMENDMENT TO LOAN AGREEMENT $7,500,000 REVOLVING CREDIT LOANLoan Agreement • April 8th, 2010 • Deer Valley Corp • Mobile homes • Florida
This Amendment (the “Amendment”) is entered into this 7th day of April, 2010, by and between DEER VALLEY FINANCIAL CORP., a Florida corporation, having its principal place of business at 205 Carriage Street, Guin, Alabama 35563, DEER VALLEY CORPORATION, a Florida corporation, having a mailing address of 3111 West Dr. MLK Boulevard, Suite 100, Tampa, Florida 33607, and DEER VALLEY HOMEBUILDERS, INC., an Alabama corporation authorized to do business in the State of Florida, having its principal place of business at 205 Carriage Street, Guin, Alabama 35563, jointly and severally (collectively the “Borrowers”) and FIFTH THIRD BANK, a Michigan banking corporation, having a mailing address of 201 East Kennedy Boulevard, Suite 1800, Tampa, Florida 33602 (the “Bank”), and amends and modifies that certain Revolving Credit Loan and Security Agreement dated October 14, 2009 (the “Loan Agreement”) as follows:
AMENDMENT TO LOAN AGREEMENT - REAL ESTATE LOANLoan Agreement • April 8th, 2010 • Deer Valley Corp • Mobile homes • Florida
This Amendment (the “Amendment”) is entered into this 7th day of April, 2010, by and between DEER VALLEY HOMEBUILDERS, INC., an Alabama corporation authorized to do business in the State of Florida, having its principal place of business at 205 Carriage Street, Guin, Alabama 35563 (the “Borrower”), and DEER VALLEY CORPORATION, a Florida corporation, successor by merger with CYTATION CORP., a Delaware corporation, having a mailing address of 3111 West Dr. MLK Boulevard, Suite 100, Tampa, Florida 33607 (the “Guarantor”), and FIFTH THIRD BANK, an Ohio banking corporation, having a mailing address of 201 East Kennedy Boulevard, Suite 1800, Tampa, Florida 33602 (the “Bank”), and amends and modifies that certain Loan Agreement dated May 26, 2006 (the “Loan Agreement”) as follows:
AMENDMENT TO LOAN AGREEMENT $5,000,000 REVOLVING CREDIT LOANLoan Agreement • April 8th, 2010 • Deer Valley Corp • Mobile homes • Florida
This Amendment (the “Amendment”) is entered into this 7th day of April, 2010, by and between DEER VALLEY FINANCIAL CORP., a Florida corporation, having its principal place of business at 205 Carriage Street, Guin, Alabama 35563, DEER VALLEY CORPORATION, a Florida corporation, having a mailing address of 3111 West Dr. MLK Boulevard, Suite 100, Tampa, Florida 33607, and DEER VALLEY HOMEBUILDERS, INC., an Alabama corporation authorized to do business in the State of Florida, having its principal place of business at 205 Carriage Street, Guin, Alabama 35563, jointly and severally (collectively the “Borrowers”) and FIFTH THIRD BANK, an Ohio banking corporation, having a mailing address of 201 East Kennedy Boulevard, Suite 1800, Tampa, Florida 33602 (the “Bank”), and amends and modifies that certain Revolving Credit Loan and Security Agreement dated October 14, 2009 (the “Loan Agreement”) as follows:
