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EXHIBIT 3 <br />in that certain Loan Purchase Agreement of even date herewith by and among Borrower, <br />Lender and CCRC, as amended to date, CCRC will purchase the Loan and the Loan will <br />convert to a term loan not to exceed the principal amount of and <br />No/100th Dollars ($ ) [not to exceed $6,420,000] (the "Term Loan <br />Amount") on the Conversion Date, and Borrower shall repay the Loan in monthly amortized <br />principal and interest payments with a balloon payment due at maturity, on terms and <br />conditions as more fully set forth in the Note. Once converted, the Loan shall have a term <br />of approximately eighteen (18) years, and maturing on the Term Loan Maturity Date (as <br />defined in the Note)." <br />5. Amendment to Loan Documents. Any reference to the Permanent Loan, the Permanent <br />Loan Amount, the CCRC Purchase Price, the Term Loan Amount or any other reference generally to the <br />amount of the Loan on or after the Conversion Date in any of the Loan Documents or other documents <br />related thereto, is hereby amended, modified and revised to refer to $ [not to exceed <br />$6,420,000] as the amount thereof. <br />6. Modification Fee. As consideration for CCRC's agreement to enter into this Agreement <br />and the modifications to the Loan Documents contemplated herein, Borrower shall pay to CCRC a <br />modification fee equal to $ .00 on or prior to the date of execution of this Amendment. <br />7. Further Assurances. Upon CCRC's or Bank's request and at Borrower's sole cost and <br />expense, Borrower shall execute, acknowledge and deliver any other amendments, modifications or <br />instruments and perform any other acts necessary, desirable or proper, as reasonably determined by CCRC <br />or Bank, to carry out the purposes of this Agreement. <br />8. Attorneys' Fees and Costs. Borrower shall reimburse CCRC and Bank for their reasonable <br />attorneys' fees and costs actually incurred in connection with the preparation, review, execution and <br />delivery of this Agreement and of the amendments or modifications of the Loan Agreement, the Note and <br />the Loan Documents, if any, related hereto, to be payable concurrently with or prior to the execution of this <br />Agreement. <br />9. Ratification. Except as expressly modified herein, the Loan Documents remain unmodified <br />and in full force and effect and the parties ratify and confirm the terms thereof as modified by this <br />Agreement. <br />10. Counterparts. This Agreement may be executed in any number of counterparts, each of <br />which shall be an original, but all of which together shall constitute one instrument. <br />25C-28 <br />