HomeMy WebLinkAbout2004 - Third Amendment to Deed of Trust - Northwest Container Services / US Bank - 2004042800293320040428002933
Document Title(s) (or transactions contained therein)
I Third Amendment of Deed of Trust
Reference Number(s) of Documents amended 20020123003031
(on page _ of document)
Grantor(s) (Last name first, then first name and ininals)
1 Northwest Container Services, Inc
2
0 Additional names on page _ of document
Grantee(s) (Last name first, then first name and initials)
1 U S Bank National Association
2
Additional names on page _ of document
Legal descnption (abbreviated i e lot, block, plat or section, township, range)
Full legal description is on _ of document
Assessor's Property Tax Parcel/Account Number(s)
Return Address
•
[.G S Bank National Association
1420 Fifth Avenue, 11 Floor
P O Box 720, W W H 395
Seattle, WA 98111 -0720
Attn Brandon EliefT
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20040428002933 'N
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THIRD AMENDMENT OF DEED OF TRUST
THIS THIRD AMENDMENT OF DEED OF TRUST ( "Amendment ") is made as of
February 20, 2004, by and between U S BANK NATIONAL ASSOCIATION, a national
banking association ( "U S Bank "), and NORTHWEST CONTAINER SERVICES, INC , an
Oregon corporation ( "Borrower ")
RECITALS
A U S Bank made certain loans (the "Loans ") to Borrower pursuant to the terms
and conditions of that certain Credit Agreement, dated January 17, 2002 ( "Credit
Agreement "), and as evidenced by that certain Revolving Credit Note, dated January 17,
2002, and by those certain Equipment Notes executed by Borrower from time to time
(collectively, the "Notes ")
B The Loan is secured, in part, by that certain Leasehold Deed of Trust,
Assignment of Rents and Leases and Security Agreement, dated January 17, 2002, and
recorded under Recording No 20020123003031, records of King County, Washington, as
amended by that certain First Amendment to Deed of Trust, dated July 31, 2002, and
recorded under Recording No 20020813001783, records of King County, Washington, and
by that certain Second Amendment to Deed of Trust, dated September 2, 2003, and recorded
under Recording No 20030923002359, records of King County, Washington (collectively,
the "Deed of Trust "), encumbering those certain leases descnbed on Exhibit A to the Deed of
Trust and covering that certain property more particularly descnbed therein (collectively, the
"Property ")
C Borrower and U S Bank entered into that certain Second Amendment to
Credit Agreement of even date herewith ( "Credit Agreement Amendment "), whereby U S
Bank agreed to increase the amount of the Revolving Credit Commitment
D The parties desire to confirm their Intent that the Deed of Trust secures,
among other thmgs, the Borrower's obligations set forth m the Credit Agreement, as
amended by the Credit Agreement Amendment and the Renewal Revolving Credit Note and
all renewals, substitutions, and replacements thereof which evidences the Loans
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing recitals and for other good
and valuable consideration, the receipt and sufficiency of which is acknowledged, Borrower
and U S Bank agree as follows
1 HIRD AM1 NI)MI N1 01 DLI I) 01 1 RUS 1
1/SI3040S002Id DOC 1
1'1(I 2
r1,.cuian Copy
20040428002939
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1 Except as expressly provided in this Amendment, capitalized terms used in
this Amendment shall have the meanings given such tetras m the Credit Agreement
2 The foregoing recitals are incorporated in this Amendment by this reference
3 The parties agree that the Deed of Trust secures the Borrower's obligations set
forth m the Credit Agreement, as amended by the Credit Agreement Amendment, the
Equipment Notes made by Borrower to U S Bank from time to time, and the Renewal
Revolving Credit Note, from Borrower to U S Bank, with interest thereon according to the
terms of the Credit Agreement, as amended by the Credit Agreement Amendment
4 Except as specifically provided for in this Amendment, all of the terms and
conditions of the Deed of Trust shall remam m full force and effect
ORAL AGREEMENTS OR ORAL COMMITMENTS TO LOAN MONEY,
EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING REPAYMENT OF A
DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW.
I HIRI) AMI 141)MI N 1 01 1)1 1 1) or 1 RUS 1
I /CB(W)iOO2141XX I
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P \GI3
I fxocuuon Coln 1
20040428002933
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment
on the date fast above written
I HIRI AMI NI)ML N1 U1 1)1 1 1) 01 1 NUS I
I/SRL n(x
• •
U.S. BANK:
U S BANK NATIONAL ASSOCIATION
y
Name. ?Rt'vJ 1a=► EZ1 E p i
Title J , i
Borrower:
NORTHWEST CONTAINER SERVICES, INC ,
an Oregon corporation
By
Name
Title t.Fo
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20040428002939
STATE OF WASHINGTON )
) ss
COUNTY OF �� )
I certify that I know or have satisfactory evidence that &.>, —cFOw E 1s.( -0-c is the
person who appeared before me and said person acknowledged that \.•& signed this
instrument, on oath stated that was authorized to execute the instrument and
acknowledged it as the g. • of U S BANK NATIONAL
ASSOCIATION to be the free and voluntary act of such party for the uses and purposes
mentioned in the instrument
GIVEN UNDER my hand and official seal hereto affixed the day and year m this
certificate first above wntten
Notary Public
State of Washington
JOSHUA AARON BO-HGER
1 My Appointrnenl Expire. tr rr 20. 201).
1 l IIKD AMENDMI N1 Of IM hD U1 l KITS 1
i/ti1iO40500214 DUC
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'TeL.4-....
(Print or stamp name of Notary) �J
NOTARY PUBLIC in and for thetate
of Washington, residing at)r1 0• b--c s
My appointment expires l 7-0 Qcou
PALA 5
I raaulhnn Cop) 1
THIRD AMINOW NI U1 DI1DOI 1RLIS1
t /,1344(5O 214 DO( I
•
0 REG -cr3
STATE OF )
) ss
COUNTY OF MALI/7.30MA1.1)
On this 2.5 day of FEBP.;nARY • 2004, before me, the undersigned. a Notary
Public in and for the State of Washington, duly commissioned and sworn, personally
appearedGARY CARD(.4E.LL. , to me known to be the person who signed as
GEC) of NORTHWEST CONTAINER SERVICES, INC . the
corporation that executed the within and foregoing instrument, and acknowledged said
instrument to be the free and voluntary act and deed of said corporation for the uses and
purposes therein mentioned, and on oath stated that was duly elected, qualified and
acting as said officer of the corporation, that was authonzed to execute said instrument
and that the seal affixed, if any, is the corporate seal of said corporation
IN WITNESS WHEREOF I have hereunto set my hand and official seal the day and
year first above written
(Signature of Notary)
r'
�4Y4 4 ie e:s.S
(Pnnt or stamp name of Notary)
LIC in and for the State
residing at f7 llI Art, Ada; QiK(SX
My appointment expires /2 /f.sof
OFFICIAL SEAL
LONNA G WEISS
NOTAA' "UdLIC- OREGON
COMMISSION NO 341335
MY COMMISSION'XNIRES DEC 19.2004
N4GI n
r*c uunn l opy l
20040428002933.