Exhibit 10.7B
EXHIBIT C
FORM OF SUPPLEMENT
WHEN RECORDED MAIL TO:

     
 
         
 
         
 
         
 
  SPACE ABOVE THIS LINE FOR RECORDER’S USE      

[FIRST] [SECOND] [ETC.] SUPPLEMENT TO
MORTGAGE, ASSIGNMENT OF LEASES AND RENTS,
SECURITY AGREEMENT AND FINANCING STATEMENT
THIS INSTRUMENT SUPPLEMENTS THAT CERTAIN AMENDED AND RESTATED MORTGAGE,
ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FINANCING STATEMENT DATED
                     ___, 20___ AND RECORDED ON                      ___, 20___
IN THE OFFICE OF THE RECORDER OF DEEDS IN AND FOR INDIANA COUNTY, PENNSYLVANIA
IN RECORD BOOK ___, PAGE ___.
     THIS [FIRST] [SECOND] [ETC.] SUPPLEMENT TO MORTGAGE, ASSIGNMENT OF LEASES
AND RENTS, SECURITY AGREEMENT AND FINANCING STATEMENT (“Supplement”) is made as
of this ___ day of ___, 2___ but is to be effective as of the ___ day of ___,
20___ (“Effective Date”), between RELIANT ENERGY SEWARD, LLC, a Delaware limited
liability company (the “Mortgagor”), having an address at 1000 Main Street,
Houston, Texas 77002, and J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION, a
national banking association] (the “Mortgagee”), having an address at One
Liberty Place, 1650 Market Street, Suite 4700 Philadelphia, Pennsylvania 19103,
Attention: Institutional Trust Services, not in its individual capacity, but
solely as Collateral Trustee under the Collateral Trust Agreement, and for the
ratable benefit of the Secured Parties from time to time entitled to the
benefits of the Collateral Trust Agreement (collectively, the “Secured
Parties”).
     All capitalized terms used in this Instrument without definition shall have
the respective meanings ascribed to such terms in that certain Mortgage,
Assignment of Leases and Rents, Security Agreement and Financing Statement dated
___________, 20___ and recorded on                      ___, 20___ in the
officer of the Recorder of Deeds in and for Indiana County, Pennsylvania in
Record Book ___, Page ___ (as the same may be amended, amended and restated,
supplemented or otherwise modified, renewed or replaced from time to time, the
“Existing Mortgage”).
     WHEREAS, as contemplated by the Collateral Trust Agreement, the Mortgagor
has designated the [   ] Bonds that are supported by Permitted PEDFA Bond
Indebtedness in the principal amount of [$                    ], and any related
Obligations, as constituting Secured Obligations to be secured by this
Instrument (the “Additional Series of Secured Debt”) and, in connection
therewith, the Mortgagor has agreed to execute and deliver this Supplement to
the Mortgagee.
     NOW, THEREFORE, in consideration of the premises, each of the Mortgagor and
the Mortgagee hereby agrees to, and they do hereby, supplement, modify and amend
the Existing Mortgage as follows:

 

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     1. ADDITIONAL SECURED DEBT. The Additional Series of Secured Debt is
Secured Debt and, together with all other Series of Secured Debt described in
the Existing Mortgage, constitute Secured Obligations under the Existing
Mortgage. The due and punctual payment and performance of the Additional Series
of Secured Debt, together with all other Series of Secured Debt described in the
Existing Mortgage, are secured Equally and Ratably by the Existing Mortgage and
all other liens, security interests and assignments held by the Mortgagee
pursuant to the Collateral Trust Agreement as security for the Secured
Obligations. In order to further evidence the foregoing and confirm that the
liens, security interests and assignments granted in the Existing Mortgage
secure the Additional Series of Secured Debt, the term Secured Obligations in
the Existing Mortgage is hereby amended to expressly state that all of the
Additional Series of Secured Debt are included in the Secured Obligations
secured by the Existing Mortgage. All liens, security interests and assignments
granted to the Mortgagee in the Existing Mortgage are hereby ratified and
confirmed as securing the Additional Series of Secured Debt. Accordingly, the
holders of the Additional Series of Secured Debt are entitled to the benefits of
the Collateral Trust Agreement and are Secured Parties under the Existing
Mortgage, together with all other Secured Parties under all other Series of
Secured Debt. Pursuant to the Existing Mortgage, the Mortgagor has, and does
hereby, grant, bargain, sell, mortgage, warrant, convey, alien, demise, release,
assign, transfer, set over, deliver, confirm and convey to the Mortgagee, its
successors, assigns and transferees upon the terms and conditions of the
Existing Mortgage, and subject to the Permitted Encumbrances, all of the
Mortgaged Property to secure the Additional Series of Secured Debt as part of
the Secured Obligations.
     2. EFFECT OF SUPPLEMENT. The Mortgagor and the Mortgagee agree that the
provisions of this Supplement shall not adversely affect or impair the Existing
Mortgage and that the liens, security interests, assignments and rights
evidenced thereby shall remain in full force and effect and shall be increased
and carried forward to secure all Secured Obligations, the purpose of this
instrument being simply to supplement, modify and amend the Existing Mortgage to
further evidence that it also secures the Additional Series of Secured Debt. All
of the terms and provisions of the Existing Mortgage shall be and remain in full
force and effect as therein written and as herein supplemented, modified and
amended.
     3. DUPLICATE ORIGINALS. This Supplement may be executed in any number of
duplicate originals and each duplicate original shall be deemed to be an
original.
     IN WITNESS WHEREOF, intending to be legally bound hereby, the Mortgagor and
the Mortgagee have executed this instrument as of the day and year set forth
above but effective as of the Effective Date.

         

(SEAL)  MORTGAGOR:

RELIANT ENERGY SEWARD, LLC,
a Delaware limited liability company
      By:           Name:           Title:      

 

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(SEAL)  MORTGAGEE:

J.P. MORGAN TRUST COMPANY, NATIONAL
ASSOCIATION
a national banking association,
as Collateral Trustee
      By:           Name:           Title:        

     Certification of Address. I do hereby certify that the address of the
above-named Mortgagee is:

                  By:           Name :          Title :       

             
STATE OF
      Section    
 
           
 
          Section
COUNTY OF
          Section
 
           

The foregoing instrument was acknowledged before me this ___ day of
                    , 20___ by                                         , as
                                         of Reliant Energy Seward, LLC, a
Delaware limited liability company. He is personally known to me or has produced
                                         as identification.

           
 
       
Print Name:
  Notary Public    
Serial No.:
       
Expiration:
       

My Commission expires:

             
STATE OF
      Section    
 
           
 
          Section
COUNTY OF
          Section
 
           

The foregoing instrument was acknowledged before me this ___ day of
                    , 20___ by                     , as
                                         of
                                        , a
                                        . He is personally known to me or who
has produced                                          as identification.

           
 
       
Print Name:
  Notary Public    
Serial No.:
       
Expiration:
       

My Commission expires: