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201401550
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Last modified
3/24/2014 8:22:01 AM
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3/24/2014 8:22:01 AM
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DEEDS
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201401550
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n n <br />IV <br />6 �� _ til <br />m 6 i Z X <br />— — X n <br />U 1 n vi <br />6 A Z <br />WHEN RECORDED MAIL TO: <br />Exchange Bank <br />Allen Drive Branch <br />J 1204 Allen Dr <br />PO Box 5793 <br />Grand Island, NE 68802 <br />TRUSTOR: <br />O'CONNOR RESIDENTIAL, L.L.C. <br />By (1io v‘ v■v/eh LJ W r Wt C <br />RYAN B O'CONNOR, Manager of O'CONNOR RESIDENTIAL, L.L.C. <br />LENDER: <br />EX NGE BANK <br />X <br />Authorized fficer <br />F—► <br />C") <br />c) <br />N <br />FOR RECORDER'S USE ONLY <br />MODIFICATION OF DEED OF TRUST <br />THIS MODIFICATION OF DEED OF TRUST dated February 27, 2014, is made and executed <br />between O'CONNOR RESIDENTIAL, L.L.C., A Nebraska Limited Liability Company ( "Trustor ") <br />and Exchange Bank, whose address is Allen Drive Branch, 1204 Allen Dr, PO Box 5793, Grand <br />Island, NE 68802 ( "Lender "). <br />DEED OF TRUST. Lender and Trustor have entered into a Deed of Trust dated June 15, 2012 (the "Deed of Trust ") <br />which has been recorded in Hall County, State of Nebraska, as follows: <br />recorded June 19, 2012 as Instrument No. 201204953 in the Register of Deeds of Hall County, Nebraska and <br />modified on March 18, 2013 and recorded March 21, 2013 as Instrument No. 201302213 in the Register of <br />Deeds of Hall County, Nebraska . <br />REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property located in Hall County, <br />State of Nebraska: <br />Lots One (1), Two (2), Three (3), Four (4), Five (5) and Six (6), Oak Pointe Second Subdivision, in the City of <br />Grand Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as Grand Island, NE. <br />MODIFICATION. Lender and Trustor hereby modify the Deed of Trust as follows: <br />Increase the principal amount of the note from $10,000,000.00 to $11,800,000.00. <br />CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed of Trust shall remain <br />unchanged and in full force and effect. Consent by Lender to. this Modification does not waive Lender's right to require <br />strict performance of the Deed of Trust as changed above nor obligate Lender to make any future modifications. <br />Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit agreement secured by <br />the Deed of Trust (the "Note "). It is the intention of Lender to retain as liable all parties to the Deed of Trust and all <br />parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by <br />Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this <br />Modification. If any person who signed the original Deed of Trust does not sign this Modification, then all persons <br />signing below acknowledge that this Modification is given conditionally, based on the representation to Lender that the <br />non - signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. <br />This waiver applies not only to any initial extension or modification, but also to all such subsequent actions. <br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF DEED OF TRUST AND <br />TRUSTOR AGREES TO ITS TERMS. THIS MODIFICATION OF DEED OF TRUST IS DATED FEBRUARY 27, 2014. <br />
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