AMENDMENT NO. 1 AND ASSIGNMENT OF FIRST PREFERRED MORTGAGEAssignment of First Preferred Mortgage • April 30th, 2013 • Euroseas Ltd. • Deep sea foreign transportation of freight
Contract Type FiledApril 30th, 2013 Company IndustryTHIS AMENDMENT NO. 1 and ASSIGNMENT OF FIRST PREFERRED MORTGAGE (this "Amendment and Assigment") is made this 29th day of October 2012 among (1) SAF-CONCORD SHIPPING LTD, a company organised and existing under the laws of the Republic of Liberia having its registered office at 80, Broad Street, Monrovia, Liberia (the "Owner"), (2) EUROBANK ERGASIAS S.A. (formerly known as EFG EUROBANK ERGASIAS S.A.), a banking societe anonyme duly incorporated under the laws of Greece, having its registered office at 8, Othonos Street, Athens, Greece, acting for the purposes of this Agreement through its office at 83, Akti Miaouli, 185 38 Piraeus, Greece (the "Existing Mortgagee") and (3) EUROBANK PRIVATE BANK LUXEMBOURG SA (formerly known as Eurobank EFG Private Bank Luxembourg SA), a banking societe anonyme duly incorporated under the laws of Luxembourg, having its registered office at 5, rue, Jean Monnet, L-2180 Luxembourg (the "Mortgagee"), and is supplemental to a first preferred mortgage dated 19