ALLONGE TO PROMISSORY NOTEPromissory Note • August 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
THIS ALLONGE, is made as of this 30th day of July, 2010, by Pineapple House of Brevard, Inc., a Florida corporation (“Borrower”) and consented to by The Goldfield Corporation, Bayswater Development Corporation, and Southeast Power Corporation (collectively, the “Guarantors”), and is to be attached and made a part of that certain Promissory Note dated November 18, 2005 made by Borrower to Branch Banking and Trust Company (“Lender”) in the original principal amount of Fourteen Million and No/100 Dollars ($14,000,000.00) (“Note”), modified by Allonges dated September 27, 2007, November 13, 2008, March 6, 2009 and May 18, 2010 (collectively, “Allonges”) (the “Note” and “Allonges” shall hereinafter be collectively referred to as the “Note”).
MODIFICATION OF MORTGAGEGoldfield Corp • August 5th, 2010 • Water, sewer, pipeline, comm & power line construction
THIS MODIFICATION OF MORTGAGE is made and entered into this 30th day of July, 2010, by and between PINEAPPLE HOUSE OF BREVARD, INC., a Florida corporation (“Mortgagor”) and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (“Mortgagee”).
BB&T Logo Branch Banking & Trust Co.Goldfield Corp • August 5th, 2010 • Water, sewer, pipeline, comm & power line construction
At your request, Branch Banking and Trust Company (“Bank”) has agreed to release Oak Park of Brevard, Inc. as a guarantor of payment of the loan(s) of Pineapple House of Brevard, Inc. (“Borrower”), under his/her Guaranty Agreement dated 11/18/2005, subject to and with your full agreement that you, as the remaining guarantors of payment of the loan(s) of the Borrower, shall continue to be unconditionally liable for payment of such loans pursuant to the Guaranty Agreements executed by each of you.
SECOND AMENDMENT TO LOAN AGREEMENT FOR CONSTRUCTION AND OTHER MATTERSLoan Agreement • August 5th, 2010 • Goldfield Corp • Water, sewer, pipeline, comm & power line construction
THIS SECOND AMENDMENT to Loan Agreement for Construction and other Matters is entered into this 30th day of July, 2010, by and between Pineapple House of Brevard, Inc., a Florida corporation (“Borrower”) and Branch Banking and Trust Company (“Lender”).
