0001193125-04-214783 Sample Contracts

SUPPLEMENTAL INDENTURE
Supplemental Indenture • December 16th, 2004 • Lyon East Garrison CO I, LLC • Operative builders • New York

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of December 13, 2004 between Lyon East Garrison Company I, LLC, a California limited liability company (the “Guarantor”), a direct subsidiary of William Lyon Homes, Inc., a California corporation (the “Company”), and U.S. Bank National Association, as trustee under the indenture referred to below (the “Trustee”).

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MODIFICATION AGREEMENT
Modification Agreement • December 16th, 2004 • Lyon East Garrison CO I, LLC • Operative builders • California

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower and Bank agree as follows:

FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • December 16th, 2004 • Lyon East Garrison CO I, LLC • Operative builders • Texas

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (herein called this “Amendment”) made as of August 27, 2004 by and among DUXFORD FINANCIAL, INC., a California corporation (“Duxford”), and BAYPORT MORTGAGE, L.P., a California limited partnership (“Bayport”; Duxford and Bayport collectively, “Borrower”), and GUARANTY BANK, a federal savings bank (“Lender”),

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