Mortgage Amending Agreement

THIS AGREEMENT made as of [Effective Date of Mortgage Amendment]

B E T W E E N:

[NAME OF MORTGAGOR (MORTGAGE

BORROWER)]

(the “Mortgagor”)

- and -

[NAME OF MORTGAGEE (MORTGAGE

LENDER)]

(the “Mortgagee”)

WHEREAS:

(A) By a Mortgage dated [Date of Mortgage] and registered/recorded in the Registry Office
[County of Registration] on [Date of Mortgage Registration] as number [Mortgage
Registration Number] (the “Mortgage”), the Mortgagor gave to the Mortgagee a
mortgage upon the property municipally known as [Municipal Address of Property] and
legally described as [Legal Description of Property] (the “Property”) to secure the
payment of the principal sum of [Amount of Mortgage (ie. $950,000.00)] with interest as
therein set out upon the terms therein mentioned; and

(B) The parties hereto have agreed to amend certain terms of the said Mortgage as hereinafter
set out;

NOW THEREFORE in consideration of the premises and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as
follows:

1. The parties agree that the recitals above are true and correct in all material respects.

2. The parties agree that the Mortgage is hereby modified and amended as of the date hereof
as follows.

(a) [List First Amendment];

(b) [List Second Amendment];

3. The parties hereby confirm that all other terms and conditions of the Mortgage are in full
force and effect, unamended except as expressly provided in this Agreement.
 -2-

4. Nothing herein contained shall create any merger or alter the rights of the Mortgagee as
against any subsequent encumbrancer or other person’s interest in the Property, nor affect
the liability of any person not a party hereto who may be liable to pay the said Mortgage
money or the rights of any such person all of which rights are hereby reserved.

5. The provisions of this document shall enure to and be binding upon the executors,
administrators, successors and assigns of each party and all covenants, liabilities and
obligations shall be joint and several.

6. This Agreement may be executed in several counterparts each of which when so executed
shall be deemed to be an original and which counterparts together shall constitute one and
the same instrument. The parties hereby acknowledge and agree that for the purpose of
offer, acceptance and execution of this Agreement, an executed facsimile copy shall
constitute an original executed copy.

IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the
date first above written.

Witness [NAME OF MORTGAGOR]

[NAME OF MORTGAGEE]

Per:
Name:
Title: