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Agenda - 01-24-2005-5i
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Agenda - 01-24-2005-5i
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Last modified
9/2/2008 12:05:31 AM
Creation date
8/29/2008 10:00:23 AM
Metadata
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Template:
BOCC
Date
1/24/2005
Document Type
Agenda
Agenda Item
5i
Document Relationships
2005 NS Finance - Refinancing BB&T Installment Purchase Agreements
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2005
Minutes - 20050124
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2005
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<br />Return After Recording To: <br />F. Louis Loyd, III <br />Post Office Box 31273 <br />Charlotte, NC 28231 <br />Affected Property: <br />9777-94-6667 <br />PIN: 7.126.AAR <br />MODIFICATION AGREEMENT <br />STATE OF NORTH CAROLINA) COLLATERAL IS OR INCLUDES FIXTURES <br />ORANGE COUNTY ) <br />THIS MODIFICATION AGREEMENT (this "Modification Agreement") is dated as <br />of February 1, 2005, and is granted by ORANGE COUNTY, NORTH CAROLINA, a political <br />subdivision of the State of North Carolina (the "County"), for the benefit of BRANCH <br />BANKING AND TRUST COMPANY ("BB&T"). <br />The North Carolina Local Government Commission joins in the execution of this <br />instrument for the purpose of evidencing its approval of the modifications effected by this <br />instrument. <br />This Modification Agreement, among other things, modifies and amends a <br />Financing Agreement and Deed of Trust granted to a Deed of Trust Trustee for the benefit <br />of BB&T Leasing Corporation dated as of December 1, 1996, and recorded in Book 1536, <br />Page 459, Orange County Registry; and those subsequent Modification Agreements dated <br />as of March 1, 1997, and recorded at Book 1564, Page 163, Orange County Registry, and <br />dated as of June 1, 1998 and recorded at Book 1797, Page 393, Orange County Registry, <br />respectively (together, the "Original Agreement").
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