AMENDMENT TO TERM NOTE, SECURED CREDIT AGREEMENT, AND DEED OF TRUST, MORTGAGE, ASSIGNMENT OF PRODUCTION, SECURITY AGREEMENT AND FINANCING STATEMENTTerm Note, Secured Credit Agreement • July 14th, 2006 • United Heritage Corp • Crude petroleum & natural gas
On October 7, 2005, Lothian Oil Inc. (“Lothian”) entered into a Development and Exploration Agreement with UHC New Mexico Corporation, UHC Petroleum Corporation, and UHC Petroleum Services Corporation, ratified by United Heritage Corp. (collectively referred to in this Agreement as “UHCP”), providing for Lothian to advance up to Four Million Dollars ($4,000,000.00) for the development of the Cato San Andres Unit properties owned by UHCP in Chavez County, New Mexico.
