0001193125-08-123615 Sample Contracts

SECOND EXTENSION AND MODIFICATION AGREEMENT
Extension and Modification Agreement • May 28th, 2008 • William Lyon Homes • Operative builders

THIS SECOND EXTENSION AND MODIFICATION AGREEMENT (the “Amendment”) is dated May 21, 2008 by and between WILLIAM LYON HOMES, INC., a California corporation (“Owner”), and CALIFORNIA NATIONAL BANK, a national banking association (“Lender”).

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THIRD EXTENSION AND MODIFICATION AGREEMENT
Third Extension and Modification Agreement • May 28th, 2008 • William Lyon Homes • Operative builders

THIS THIRD EXTENSION AND MODIFICATION AGREEMENT (the “Amendment”) is made and entered into as of May 19, 2008, by and between CIRCLE G AT THE CHURCH FARM NORTH JOINT VENTURE, LLC, an Arizona limited liability company (“Owner”), and CALIFORNIA NATIONAL BANK, a national banking association (“Lender”).

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