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Return to: Brandon S. Connick P.O. Box 790 Grand Island, NE 68802 -0790 WITNESSETH: DEED OF TRUST MODIFICATION AGREEMENT 2 01306819 THIS DEED OF TRUST MODIFICATION AGREEMENT is made and executed this day of August, 2013, by and between MEHRING CONSTRUCTION COMPANY, L.L.C., a Nebraska limited liability company, hereinafter referred to as "Borrower ", and NIEDFELT PROPERTY MANAGEMENT, L.L.C., a Nebraska limited liability company hereinafter referred to as "Lender ". WHEREAS, Borrower previously executed a certain secured Promissory Note dated June 8, 2011 in the original principal amount of Thirty -Five Thousand and No /100 Dollars ($35,000.00) (hereinafter referred to as the "Promissory Note "); WHEREAS, the Promissory Note is secured by a certain Deed of Trust dated June 8, 2011, and recorded June 8, 2011 as Instrument No. 201104317 in the records of the Office of the Register of Deeds, Hall County, Nebraska (hereinafter referred to as the "Deed of Trust ") in connection with the following described real estate: Lot Six (6), Block Two (2), Sterling Estates Subdivision in the City of Grand Island, Hall County, Nebraska. WHEREAS, Borrower has executed a promissory note dated August 15, 2013 in the original principal amount of Thirty-Five Thousand and No /100 Dollars (the "New Promissory Note "); WHEREAS, the New Promissory Note replaces and supercedes the Promissory Note; WHEREAS, Borrower and Lender hereby desire to amend the Deed of Trust to reflect that the New Promissory Note is secured by the Deed of Trust. NOW, THEREFORE, it is agreed: 1. Incorporation of Recitals. The foregoing recitals are specifically incorporated in and made a part of this Second Deed of Trust Modification Agreement by this reference. 2. Modification of Security. The Deed of Trust secures the payment of indebtedness evidenced by the New Promissory Note, together with interest at the rate provided therein, or the principal and interest on any future advance not to exceed the total principal sum initially secured hereby as evidenced by promissory notes stating they are secured hereby, and any and all renewals, modifications and extensions of such notes, both principal and interest on the notes being payable in accordance with the terms set forth therein, which by this reference is hereby made a part hereof. 3. Continuing Effect. Except as specifically modified by this Deed of Trust Modification Agreement, all other terms and provisions of the Deed of Trust shall remain in full force and effect. 4. Effect on Other Security. All real estate mortgages, deed of trust, assignments and security agreements heretofore or concurrently herewith to be granted shall remain in full force and effect to the extent not inconsistent with this Deed of Trust Modification Agreement and shall continue as security for Borrower's remaining indebtedness previously existing and additional indebtedness hereinabove set forth until such sum shall be paid, as well as any future indebtedness owing from Borrower to the Lender for future advances and renewals in respect to all sums owing from Borrower to Lender. 5. Additional Documentation. Borrower further covenants to and with Lender that Borrower shall, and will, at any time, now or later, upon request, make, do, execute and deliver