New Promissory Note and Amendment to Deed of Trust Sample Clauses

New Promissory Note and Amendment to Deed of Trust. To evidence the additional advance of Ninety Thousand Dollars ($90,000) the Borrower shall execute (concurrently with the execution of this Amendment) a promissory note in the amount of Two Hundred Fifty-Five Thousand Dollars ($255,000). This new promissory note shall be secured by an amendment to the Deed of Trust to increase the amount of the Loan by Ninety Thousand Dollars ($90,000). Upon the Borrower's execution of the new promissory note, the recordation of the amendment to the Deed of Trust, and the update of the Agency's title insurance policy, the Agency shall xxxx the existing promissory note as "cancelled" and return such note to the Borrower.
Sample 1
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Related to New Promissory Note and Amendment to Deed of Trust

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Security Agreement The words "Security Agreement" mean and include without limitation any agreements, promises, covenants, arrangements, understandings or other agreements, whether created by law, contract, or otherwise, evidencing, governing, representing, or creating a Security Interest.

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • Amendment and Waiver The provisions of this Agreement may be amended or waived only with the prior written consent of the Company and Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement.

  • Waiver and Amendment Any provision of this Note may be amended, waived or modified upon the written consent of the Company and the Holder.

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • Modification and Amendment This Contract may be modified only by a written amendment executed by all parties hereto and approved by the appropriate officials.

  • Amendment and Waivers Any term or provision of this Agreement may be amended, and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a writing signed by the party to be bound thereby. The waiver by a party of any breach hereof for default in payment of any amount due hereunder or default in the performance hereof shall not be deemed to constitute a waiver of any other default or any succeeding breach or default.

  • Amendment, Modification and Waiver This Agreement may not be amended, modified or waived except by an instrument or instruments in writing signed and delivered on behalf of each of the parties hereto.

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