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HomeMy WebLinkAboutFirst Merchant Bank Collateral Amendment Agreement (BPW approved 4/29/26) COLLATERAL AMENDMENT AGREEMENT Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials $887,615.74 11-08-2023 12-01-2027 4120305588 RC-C 8/25 89588 GMS References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing "*"*" has been omitted due to text length limitations. Borrower: City of Jeffersonville Lender: First Merchants Bank 500 Quarter Master Court Ste 300 Clarksville Jeffersonville, IN 47130 501 E Lewis&Clark Pkwy Clarksville, IN 47129 The date of this Collateral Amendment Agreement(Agreement)is 04/23/2026 This Agreement amends a Note and or Security Agreement, dated 11-8-2023, between City of Jeffersonville(Debtor) and First Merchants Bank successor by merger to First Savings Bank (Secured Party), referred to in this Agreement as Note and or Security Agreement. COLLATERAL AMENDMENT.The collateral described in the Note and or Security Agreement is amended as follows: _XRelease Collateral. If checked, the following collateral is released from the Note and or Security Agreement: 2023 DODGE CHARGER POLICE 4S VIN#2C3CDXKG3PH608738 TERMS PRESERVED. Except as provided in the Agreement,all conditions, warranties, representations, duties, disclosures and other terms of the Note and or Security Agreement are preserved and remain in effect. This Agreement is made part of the Note and or Security Agreement and amends the Note and or Security Agreement only as specifically indicated in this Agreement. ADDITIONAL TERMS. If checked, Debtor and Secured Party agree to make the following terms part of the Note and or Security Agreement: Debtor agrees to the terms this Agreement and acknowledges receipt of a copy of this Agreement. BORROWER: CITY OF JEFFERS VI_LE By: J ' Michael Mo e, yor of City of Jeffe onville LENDER: FIRST MERCHANTS BANK X Gregory Michael Scales,SVP -Commercial Lending L35erPr0 Ver.25 3 10.002 Copr.Fireslra USA Corporation 1992.2026 All Rights Reserved. -IN L:\CFI\LPL\G50 FC TR-20834 PR-77