AGREEMENT TO REVISE PAYMENT SCHEDULE OF NOTE

 

This agreement of __________ (date) is in reference to a loan, which is evidenced by an instrument dated __________ (date) made by __________ (maker) of __________ (address), __________ (city), __________ (county), __________ (state), and payable to the order of __________ (payee), of __________ (address), __________ (city), __________ (county), __________ (state).

The instrument is secured by a __________ (mortgage or deed of trust), dated ____

__________, on the following property: _______________ (describe property). The __________ (mortgage or deed of trust) is recorded in the office of the __________ (County Recorder), of __________ (county), __________ (state), in the __________ (registry book) at page __________ of volume __________.

For value received the payment schedule of the instrument described above shall be changed in the following manner: __________.

This agreement is only a revision and not a novation. Except as provided in this agreement, all the terms and conditions of the instrument and the __________ (mortgage or deed of trust) described above shall remain in full force and effect.

In witness whereof, __________ (maker) has signed this agreement at __________ (designate place of execution) on the day and year first above written.

 

_____________________________________________

Signature

This agreement is cosigned and the terms contained in this agreement are jointly and severally agreed to and guaranteed by __________ (guarantor), of __________ (address), __________ (city), __________ (county), __________ (state).

_____________________________________________

Signature

This agreement is accepted by __________ (payee) on __________ (date).

_____________________________________________

Signature

 

 

_________________________________________________________________________________________

 

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