Letter Agreement, dated as of July 1, 2017, amending the Loan Agreement and Promissory Note between BBX Capital Corporation and Bluegreen Specialty Finance, LLC

Exhibit 10.96

July 1, 2017

Ray Lopez

BBX Capital Corporation

401 East Las Olas Blvd.

Suite 800

Fort Lauderdale, FL 33301

Re: Rate Reduction

Effective July 1, 2017, the interest rate on the Loan Agreement and Promissory Note dated April 17, 2015 by BBX Capital Corporation (f/k/a BFC Financial Corporation) to Bluegreen Specialty Finance, LLC is reduced to a fixed rate of six percent (6%) per annum.

Please contact me with any questions.

Thanks,

/s/ Anthony M. Puleo

Anthony M. Puleo

Bluegreen Corporation

SVP, Chief Financial Officer & Treasurer