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HomeMy WebLinkAboutCedar Valley Tech Works, Inc. - Mortgage Amendment (2007) - 11/25/19Prepared by: Christopher S. Wendland, P.O. Box 596, Waterloo, IA, 50704 (319) 234-5701 Return to preparer after recording. MORTGAGE AMENDMENT This Mortgage Amendment (the "Amendment") is entered into as of it SIZovj , by and between Cedar Valley Tech Works, Inc. ("Mortgagor") and the City of aterloo, Iowa, acting by and through its Community Development Board ("Mortgagee"). WHEREAS, by instrument dated July 1, 2007 and filed February 3, 2009 in the• office of the Black Hawk County Recorder as Doc. No. 2009-14186, Mortgagor granted to Mortgagee a Forgivable Real Estate Mortgage in and to the real property (the "Property") described therein, which mortgage was amended by mortgage amendment dated June 27, 2012 and filed July 10, 2012 as Doc. No. 2013-00605 (collectively, said instruments are the "First EDI Mortgage"); and WHEREAS, the parties desire to amend the legal description of the Property to modify the area that is subject to the First EDI Mortgage. NOW, THEREFORE, the parties agree as follows: 1. The legal description of the Property as set forth in the First EDI Mortgage as originally filed is hereby stricken in its entirety, and the following amended legal description is substituted in its place: Units 1, 2, and 3 and interests in the common elements appurtenant thereto in Tech 1 Commercial Condominiums, City of Waterloo, Black Hawk County, Iowa. 2. Except as expressly set forth herein, the terms of the First EDI Mortgage shall continue unmodified in full force and effect. This Amendment represents the entire agreement between the parties concerning the subject matter hereof. This Amendment may be executed in one or more counterparts, each of which, including signatures transmitted by facsimile or other electronic means, shall be deemed an original and all of which, taken together, shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties have executed this Mortgage Amendment by their duly authorized representatives as of the date first set forth above. Page 1 of 3 MORTGAGEE City of Waterloo, Iowa, acting by and through its Community Development Board By: hn Chiles, Chairman STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) Acknowledged before me on"csjt,,. q 2,(q by John Chiles as Chairman of the Community Development Board of the City of Waterloo, Iowa. hPEUAL r Notaryt'1.4 U its aowr, CI;''. ' OPHER W WESTERN . ,SSION NO.8110139 ';MMISSION EXPIRES JUNE 15, 2021 Page 2 of 3 MORTGAGEE Cedar Valley Tech Works, Inc. By: Wesley James 'resi STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) Acknowledged before me o , /.,0.=r ' 2e)e i Cedar Valley Tech Works, Inc. Notary Public by Wesley James as President of TIM ANDERA COMMISSION NO. 772518 MY COMMISSION EXPIRES APRIL 11, 2021 Page 3 of 3