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201210478
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Last modified
8/19/2014 2:21:31 PM
Creation date
12/12/2012 8:41:32 AM
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DEEDS
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201210478
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N 70 <br />co <br />0 rn <br />2 A1 <br />Return to <br />AND <br />Home Federal Bank <br />i'c) t ox - 100 9 <br />Crand loland NE 68802 -10n9 <br />NOW, THEREFORE, it is agreed: <br />Space above this line for recording data <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br />Future Advances. Upon request of Borrower, Lender may, at its option, make additional <br />and future advances and readvances to Borrower. Such advances and readvances, with <br />interest thereon, shall be secured by this Deed of Trust. At no time shall the principal <br />amount of the indebtedness secured by this Deed of Trust, not including sums advanced <br />to protect the security of this Deed of Trust, exceed the original principal amount stated <br />herein, or $85,622.90 whichever is greater. <br />_THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and executed <br />this (.7th of DECEMBER, 2012, by and between FRED L SCARBOROUGH AND SUSAN E <br />SCARBOROUGH, HUSBAND AND WIFE hereinafter referred to as "Borrower ", and HOME <br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as <br />"lender ", did execute a Deed of Trust dated JUNE 14, 2006, and filed of record on JUNE 19, 2006 in <br />the HALL COUNTY REGISTER OF DEED'S OFFICE OF HALL COUNTY, NEBRASKA in <br />DOCUMENT #0200605471; AND a Deed of Trust Modification Agreement (Future Advance Provision) <br />dated December 22, 2010 and recorded December 28, 2010 in document # 02001009730; the following <br />described property: <br />PARCEL # 1: 110E 13 ST <br />LOT SIX (6), IN BLOCK NINETY -ONE (91), IN WHEELER AND BENNETT'S FOURTH ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />PARCEL #2: <br />LOT SEVEN (7) IN BLOCK SEVENTY (70), IN WHEELER AND BENNETT'S SECOND ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future advances to be <br />secured by such Deed of Trust; <br />WHEREAS, Borrower has requested that Lender make an additional advance to be secured by <br />such existing Deed of Trust; <br />WHEREAS, Lender is willing to make an additional advance to be secured by such Deed of Trust <br />provided there shall have been no filings of record subsequent to the date of the recording of that Deed of <br />Trust hereinabove identified; <br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust identified <br />hereinabove to provide that it shall continue to secure the presently remaining indebtedness and the <br />additional advance and future advances from and after the date hereinafter specified; <br />1. Incorporation of Future Advance Rights. From and after the date of the execution of this <br />Deed of Trust Modification Agreement, the indebtedness secured by the Deed of Trust <br />described hereinabove shall secure advances made concurrently herewith and future <br />advances in accordance with the following provision which shall hereafter be deemed to <br />be a part of such Deed of Trust: <br />to <br />
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