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Agreement To Revise Payment Schedule Of Note



AGREEMENT TO REVISE PAYMENT SCHEDULE OF NOTE

This agreement of [date of agreement] is in reference to a loan, which is evidenced by an instrument dated [date of instrument], made by [Name of maker], of [address of maker], [city of maker], *state of maker], and payable to the order of [Name of payee], of [address of payee], [city of payee], [state of payee].

The instrument is secured by a [mortgage or deed of trust], dated [Date of Mortgage or deed of trust], on the following property: [description of property]. The [mortgage or deed of trust] is recorded in the office of the [County Recorder], of [Name of County] County, [Name of state], in the [registry book] at page [Page Number] of volume [Volume Number].

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

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, [Name of maker] has signed this agreement at [Place of execution] on the day and year first above written.



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This agreement is cosigned and the terms contained in this agreement are jointly and severally agreed to and guaranteed by [Name of guarantor], of [address of guarantor], [city of guarantor], [state of guarantor].



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This agreement is accepted by [Name of payee] on [date].



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