Are there any modifications to the written lease?

This contract is contingent upon the Buyer reaching a satisfactory agreement with the mortgage holder as to a modification of the existing debt and the mortgage on the subject property.

I later was able to do a rate modification to lower amount.

Are there any ADA modifications that you have to be made by the new owner.  3.

Where we stand now is we know if the modifications are done it will appraise at the value we originally had thought.

I would think that the borrower would have some negotiating power when it comes to doing a modification (being as I know what goes into modifying a loan too).

I was a mortgage loan officer in 2007 and I was processing modifications, short sales, and foreclosures in 2011.

Is there any significant down side with having a loan modification of extending the loan to a 40 year @ 4.25% vs 30 year with same interest rate? 

You need to know your current obligations before crafting a new lease to send to the tenants.A good commercial retail attorney should have a great lease to use with minimal modifications on the word doc redline.

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