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Addendum #1 Neighborhood Stabilization Program Address: 2183 41st St SW, Naples, Florida 34116 ADDENDUM THIS ADDENDUM is entered into by and between BAC Home Loans Servicing LP, F/K/A Countrywide Home Loans Servicing LP, a Texas Limited Partnership, as servicing agent and attorney in fact for The Bank of New York Mellon fka The Bank of New York, as Trustee for the Certificate Holders CNABS, Inc., Asset-Backed Certificates, Series 2006-22, all of Bank of New York as Trustee for the Certificateholders CNABS, Inc. Asset-Backed Certificates, Series 2006-22, Seller, and COLliER COUN1Y, a Political Subdivision of the State of Florida, Purchaser. Purchaser and Seller entered into that certain Purchase and Sale Agreement effective as of January 11, 2010, and executed by Purchaser as of the date hereinbelow stated (the "Agreement"). Purchaser and Seller wish to amend the Agreement with the following terms and conditions: 1. Paragraph 2(a) of the Agreement is revised to provide that, notwithstanding any other provisions of the Agreement, Earnest Money shall be delivered to the account of Title within seven (7) business days after the date of execution of the Earnest Money Addendum to the Agreement by the Escrow Agent. 2. Paragraph 3(b) of the Agreement is revised to provide that, notwithstanding any other provisions of the Agreement, Closing shall take place on or before March 11, 2010. Except as expressly provided herein, the Agreement between the Purchaser and the Seller remains in full force and effect according to the terms and conditions contained therein, and said terms and conditions are applicable hereto except as expressly provided otherwise herein. IN WITNESS WHEREOF, the Purchaser and Seller have executed this Addendum as of the dates hereinafter stated. Date property acquisition approved by BCC: October 27,. 2DJ.9, ~enda Item 16D8 DATED: C2 '1 () . .. I' ATTEST: DWIGHT E. BROCK; Cl\:rk ~_oL. .t~tan ..,. Approveda~ to form and legal sufficiency: ~!)J0~ Jennifer B. lte, Asst. County Attorney PURCHASER: BOARD OF COUNTY COMMISSIONERS COLliER COO/<fl'Y....,.FI[>....Rf.~A) By:!,1. JJ.... /. ( "~:\~Q Fred W. Coyle, Chairman DATED: 2. - '1 - (U - ---, ..,~--~.".._."............_--~,---^".'" SELLER: BAC Home Loans Servicing LP, F/K/A Countrywide Home Loans SelVicing LP, a Texas Limited Partnership, as selVicing agent and attorney in fact for The Bank of New York Mellon fka The Bank of New York, as Trustee for the Certificate Holders ONABS, Inc., Asset-Backed Certificates, Series 2006-22, all of Bank of New York as Trustee for the Certificateholders ONABS, Inc. Asset-Backed Certificates, Series 2006- 22 By: ~.&Qu. ~\(\9(C~ Kellie Mavrolas Its: Asset Manager