Fill and Sign the Extension Closing Date Form

Extension of Loan Closing Date Agreement made on the _______________________________________ (date) , between ________________________________________ (Name of Borrower) of ________________________________________________________________________ ____________________________________ (street address, city, county, state, zip code) , referred to herein as Borrower , and _____________________________________ (Name of Lender) , a banking corporation organized and existing under the laws of the United States of America, with its principal office located at _______________________ ________________________________________________________________________ (street address, city, county, state, zip code) , referred to herein as Lender . Whereas, by letter dated _______________________________________ (date) , Lender made a commitment to loan Borrower the sum of $______________, pursuant to the terms of said letter, a true and correct copy of which is attached hereto as Exhibit A ; and Whereas, Borrower intends to use the net proceeds of said loan to purchase the lot and building located at _____________________________________________________ ________________________________ (street address, city, county, state, zip code) ; and Whereas, said commitment shall expire at the close of business ______ (number) days after the date of said commitment letter, being ______________________________ (date) , which is also called the Closing Date ; and Whereas, the purchase of said lot and building will not be consummated on said Closing Date and Borrower has therefore requested an extension of _______ (number) days, to the ___________________________________ (new closing date) as a new Closing Date ; Now, therefore, for and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: The commitment to make said loan and the Closing Date are hereby extended to the close of business _______ (number) days after the date of this Agreement, being ____________________________________ (date) , which is hereby declared to be the new Closing Date . WITNESS our signatures as of the day and date first above stated. ________________________________ (Name of Lender) ___________________________________ By: ________________________________ (P rinted Name) ____________________________________ (P rinted Name & Office in Corporation) ___________________________________ ____________________________________ (Signature of Borrower) (Signature of Officer)