HomeMy WebLinkAboutCedar Valley Tech Works, Inc. - Mortgage Amendment (2009) - 11/25/19 (2)Prepared 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 I 1 45 120 h ,
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, 2009 and filed August 21, 2009 in the office of
the Black Hawk County Recorder as Doc. No. 2010-03928, 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. 2013-00604 (collectively, said instruments are the "Second EDI Mortgage");
and
WHEREAS, the parties desire to amend the legal description of the Property to modify
the area that is subject to the Second EDI Mortgage.
NOW, THEREFORE, the parties agree as follows:
1. The legal description of the Property as set forth in the Second 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 Second 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:
hales, Chairman
STATE OF IOWA
) ss.
BLACK HAWK COUNTY )
Acknowledged before me on ` , biztti by John Chiles as Chairman of the
Community Development Board of the City of Waterloo, Iowa.
Notary Public
bWP
TIM ANDERA
COMMISSION NO. 772518
MY COMMISSION EXPIRES
APRIL 11, 2021
Page 2 of 3
MORTGAGEE
Cedar Valley Tech Works, Inc.
By:�� �y
Wesley Jame rest nt
STATE OF IOWA
) ss
•
BLACK HAWK COUNTY )
Acknowledged before me onilt_g-Wa62.. 5 1p 1 t by Wesley James as President of
Cedar Valley Tech Works, Inc.
Page 3 of 3
TIM ANDERA
COMMISSION NO. 772518
MY COAMMMISSIO2 EXPIRES