0001193125-10-126225 Sample Contracts

FIRST AMENDMENT TO LOAN AGREEMENT FOR CONSTRUCTION AND OTHER MATTERS
Loan Agreement • May 21st, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

THIS FIRST AMENDMENT to Loan Agreement for Construction and other Matters is entered into this 18th day of May, 2010, by and between Pineapple House of Brevard, Inc., a Florida corporation (“Borrower”) and Branch Banking and Trust Company (“Lender”).

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MODIFICATION OF MORTGAGE
Modification of Mortgage • May 21st, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

THIS MODIFICATION OF MORTGAGE is made and entered into this 18th day of May, 2010, by and between PINEAPPLE HOUSE OF BREVARD, INC., a Florida corporation (“Mortgagor”) and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (“Mortgagee”).

ALLONGE TO PROMISSORY NOTE
Allonge to Promissory Note • May 21st, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction

THIS ALLONGE, is made as of this 18th day of May, 2010, by Pineapple House of Brevard, Inc., a Florida corporation (“Borrower”) and consented to by The Goldfield Corporation, Bayswater Development Corporation, Oak Park of Brevard, Inc., and Southeast Power Corporation (collectively, the “Guarantors”), and is to be attached and made a part of that certain Promissory Note dated November 18, 2005 made by Borrower to Branch Banking and Trust Company (“Lender”) in the original principal amount of Fourteen Million and No/100 Dollars ($14,000,000.00) (“Note”), modified by Allonge dated November 13, 2008 (“November Allonge”)(the “Note” and “November Allonge” shall hereinafter be collectively referred to as the “Note”).

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