MODIFICATION AGREEMENTModification Agreement • April 14th, 2020 • Manufactured Housing Properties Inc. • Real estate • Tennessee
This MODIFICATION AGREEMENT (“Agreement”) is entered into effective as of April 1, 2020, by and between: FIRSTBANK, a Tennessee banking corporation, successor-by-merger to Clayton Bank and Trust (“Lender”); BUTTERNUT MHP LAND LLC, a Delaware limited liability company (“Land Borrower”), and BUTTERNUT MHP HOMES LLC, a Delaware limited liability company (“Homes Borrower,” and collectively with Land Borrower, the “Borrowers”; each individually a “Borrower”); and RAYMOND M. GEE (“Original Guarantor”) and MANUFACTURED HOUSING PROPERTIES INC., a Nevada corporation (“New Guarantor” and collectively with Original Guarantor, the “Guarantors”; each individually a “Guarantor”).
