Amendment to Security Instrument Sample Clauses
The Amendment to Security Instrument clause modifies the terms or provisions of an existing security instrument, such as a mortgage or deed of trust. This clause typically outlines specific changes, such as adjustments to interest rates, payment schedules, or collateral requirements, and may require the consent of all parties involved. Its core practical function is to provide a formal mechanism for updating the security agreement to reflect new terms or circumstances, ensuring that the document remains accurate and enforceable.
Amendment to Security Instrument. From and after the Effective Date, the Security Instrument is hereby amended as follows:
Amendment to Security Instrument. The introductory paragraph in the Security Instrument is hereby deleted in its entirety and replaced with the following: “THIS DEED OF TRUST AND FIXTURE FILING (this “Deed of Trust”) is made as of March 30, 2001, by ZHONE TECHNOLOGIES CAMPUS, LLC, a California limited liability company (“Trustor”), whose mailing address is ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, to FREMONT GENERAL CREDIT CORPORATION, a California corporation (“Trustee”), for the benefit of FREMONT INVESTMENT & LOAN, a California industrial bank (“Beneficiary”), whose mailing address is ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, Attention: Commercial Real Estate Asset Management, Loan No. 950114107.”
Amendment to Security Instrument. Section 22.2 of the Security Instrument is hereby deleted in its entirety and replaced with the following: Section