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LOAN AGREEMENT MODIFICATION



This Loan Agreement Modification (the "Modification") modifies the Loan Agreement (the "Agreement") entered into as of ________ by and between ________ (the "Borrower"), having its principal address located at ________, and ________ (the "Lender"), having its principal address located at ________, under which the Borrower promised to pay the Lender the amount of $________ (________ dollars) (the "Loan") plus accumulated interest under the terms set forth in that Agreement.


A. Now, therefore, for and in consideration of the mutual covenants contained in this Modification, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

-- The Parties agree that ________.


B. This Modification is executed solely for the purpose of modifying and amending the Agreement, and nothing contained in this Modification shall be deemed to constitute a novation of the Agreement or any other loan documents. With reference thereto, Borrower and Lender hereby further expressly acknowledge and agree that the Agreement and any other loan documents shall remain in full force and effect following the date of this Modification, and that said execution and delivery shall not in any way adversely affect the lien or existing priority of either the Agreement or any other loan documents.


C. Borrower hereby acknowledges, ratifies, and confirms all of its obligations as set forth in the Agreement and hereby agrees to performer, comply with, and abide by all of the covenants, agreements, terms, and provisions contained therein, as amended and modified by this Modification. Nothing contained herein shall otherwise impair or release and covenant, agreement, term, or provision contained in the Agreement. Upon execution of this Modification, this Modification shall be incorporated into, shall be annexed to, and shall become a part of the Agreement, and, as of such date, all references to the Agreement contained in any other loan documents shall thereafter be deemed to refer to the Agreement, as amended and modified by this Modification.


IN WITNESS WHEREOF, Borrower and Lender have executed this Modification under seal as of ________.




LENDER:





Signature of ________:


______________________________________________




BORROWER:



Signature of ________:


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