Modification Of Mortgage (indiana)

When recorded, mail to:
STREICH-LANG, P.A.
Renaissance One
Two North Central Avenue
Phoenix, Arizona 85004-2391
Attn: Matthew Mehr, Esq.


MODIFICATION OF MORTGAGE
(Indiana)


DATE: March 28, 1997


DESCRIPTION OF MORTGAGE (the "Mortgage"):


PARTIES: Mortgagor: BOWMAR INSTRUMENT CORPORATION,
an Indiana corporation


Mortgagor 5080 North 40th Street, Suite 475
Address: Phoenix, Arizona 85018
Attention: Joseph G. Warren, Jr.


Bank: BANK ONE, ARIZONA, NA,
a national banking association.


Bank Post Office Box 71
Address: Phoenix, Arizona 85001
Attention: Commercial Banking A593


RECORDING
DATA: Mortgage, Security Agreement, Assignment of
Rents and Fixture Filing dated August 28,
1995, by Mortgagor in favor of Bank, recorded
November 17, 1995, in Instrument Number
95-053967, official records of Allen County,
Indiana.


FOR VALUE RECEIVED, IT IS AGREED AS FOLLOWS:


1. The promissory notes and other indebtedness secured by the Mortgage has been modified by that certain Third Modification Agreement of even date herewith between Mortgagor and Bank (the "Third Modification Agreement"). In addition, pursuant to the Third Modification Agreement, Bank has agreed to provide Mortgagor with an additional revolving line of credit/term loan in the principal amount of $1,200,000.00 (the "RLT") secured by, among other things, the


2 Mortgage. In connection with the modification of such indebtedness and the extension of such additional credit, the Mortgage is hereby modified as provided in this Modification.


2. The Mortgage is hereby amended to secure, in addition to the indebtedness and obligations of Mortgagor described therein, the obligation of Mortgagor to repay all advances made by the Bank to the Mortgagor under the RLT. Hereinafter, the term "Obligations," as defined in the Mortgage, shall include, in addition to ...