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05 01 2003 10 : 24 FAX 77 _' 3888084 M - R H01IES , Ltd . NiALASKY 003 <br /> w <br /> 1 . The date for completion of the required improvements as outlined <br /> in the Contract for Construction of Required Improvements No . PD-01 -08- 18- <br /> CFC (99110063 -26994) is extended to February 12 , 2004 . <br /> 2 . The consideration for this extension is the Bank of America <br /> Irrevocable Standby Letter of Credit Number 3046140 in the amount of <br /> $69 , 703 . 23 be amended to extend the expiration date to May 129 2004 prior to <br /> May 7 , 2003 , otherwise this modification shall be null and void . <br /> 3 . All other terms set out in the Contract for Construction of Required <br /> Improvements No . PDw01 -08- 18-CFC (99110063-26994 ) remain in full force and <br /> effect. <br /> IN WITNESS WHEREOF , the parties hereto have set their hands and <br /> seals on the day and year first above written . <br /> M -R HOMES , LTD , , a Florida limited <br /> partnership DEVELOPER <br /> By: M -R HOMES , INC . , a Florida <br /> corporation eneral Partner <br /> 55 <br /> By: z' r <br /> J ' athan 'j. aport <br /> resid <br /> INDIAN RIVER COUNTY, FLORIDA <br /> by and through its Board of County <br /> Com <br /> mis ' Hers <br /> enneth R . Macht , Chairman <br /> B approved : May 6 , 2003 <br /> ATTEST: J . K . Barton , Clerk of Court <br /> AP'�o As TofoRM <br /> By: AND LEG& GUFMCIENCY <br /> Deputy Clerk <br /> w <br /> WILUAM Q. COLLINS 11 <br /> COUNrf ATTORNEY <br /> 2 <br /> F:Wttomey%Nancy\DOCSIPLAMMODIFICATION TO K for cons seasons.doc <br />