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MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />M
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this
<br />31ST day of January , 2001, by and between ROGER B JENSEN AND JEANETTE K
<br />JENSEN, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Mortgage/Deed of Trust dated AUGUST
<br />16, 1976, filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on _
<br />AUGUST 23, 1976 as Document # 76- 004728 in respect to that real estate described as:
<br />LOT ONE HUNDRED EIGHTEEN (118) IN BUENAVISTA SUBDIVISION, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />WHEREAS, such Mortgage/ Deed of Trust does not contain a provision regarding a right
<br />to future advances to be secured by such Mortgae/Deed of Trust;
<br />WHEREAS, Borrower has requested that Lender make an additional advance to be
<br />secured by such existing Mortgage/Deed of Trust;
<br />WHEREAS, Lender is willing to make an additional advance to be secured by such
<br />Mortgage/Deed of Trust provided there shall have been no filings of record subsequent to the
<br />date of the recording of that Mortgage/ Deed of Trust hereinabove identified;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Mortgage/Deed of
<br />Trust identified hereinabove to provide that it shall continue to secure the presently remaining
<br />indebtedness and the additional advance and future advances from and after the date hereinafter
<br />specified;
<br />NOW, THEREFORE, it is agreed:
<br />1. Incorporation of Future Advance Rights. From and after the date of the execution
<br />of this Mortgage/ Deed of Trust Modification Agreement, the indebtedness secured by the
<br />Mortgage/Deed of Trust described hereinabove shall secure advances made concurrently
<br />herewith and future advances in accordance with the following provision which shall hereafter
<br />be deemed to be a part of such Mortgage/Deed of Trust:
<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 Mortgage/Deed of Trust. At no time shall the principal
<br />amount of the indebtedness secured by this Mortgage/Deed of Trust, not including sums
<br />advanced to protect the security of this Mortgage/Deed of Trust, exceed the original principal
<br />amount stated herein, or $ 43715.20 , whichever is greater.
<br />2. Continuing Effect. Except as specifically modified by this Mortgage/Deed of
<br />Trust Agreement, all other terms and provisions of this Deed of Trust hereinabove identified
<br />shall remain in full force and effect.
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<br />MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />M
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this
<br />31ST day of January , 2001, by and between ROGER B JENSEN AND JEANETTE K
<br />JENSEN, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Mortgage/Deed of Trust dated AUGUST
<br />16, 1976, filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on _
<br />AUGUST 23, 1976 as Document # 76- 004728 in respect to that real estate described as:
<br />LOT ONE HUNDRED EIGHTEEN (118) IN BUENAVISTA SUBDIVISION, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />WHEREAS, such Mortgage/ Deed of Trust does not contain a provision regarding a right
<br />to future advances to be secured by such Mortgae/Deed of Trust;
<br />WHEREAS, Borrower has requested that Lender make an additional advance to be
<br />secured by such existing Mortgage/Deed of Trust;
<br />WHEREAS, Lender is willing to make an additional advance to be secured by such
<br />Mortgage/Deed of Trust provided there shall have been no filings of record subsequent to the
<br />date of the recording of that Mortgage/ Deed of Trust hereinabove identified;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Mortgage/Deed of
<br />Trust identified hereinabove to provide that it shall continue to secure the presently remaining
<br />indebtedness and the additional advance and future advances from and after the date hereinafter
<br />specified;
<br />NOW, THEREFORE, it is agreed:
<br />1. Incorporation of Future Advance Rights. From and after the date of the execution
<br />of this Mortgage/ Deed of Trust Modification Agreement, the indebtedness secured by the
<br />Mortgage/Deed of Trust described hereinabove shall secure advances made concurrently
<br />herewith and future advances in accordance with the following provision which shall hereafter
<br />be deemed to be a part of such Mortgage/Deed of Trust:
<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 Mortgage/Deed of Trust. At no time shall the principal
<br />amount of the indebtedness secured by this Mortgage/Deed of Trust, not including sums
<br />advanced to protect the security of this Mortgage/Deed of Trust, exceed the original principal
<br />amount stated herein, or $ 43715.20 , whichever is greater.
<br />2. Continuing Effect. Except as specifically modified by this Mortgage/Deed of
<br />Trust Agreement, all other terms and provisions of this Deed of Trust hereinabove identified
<br />shall remain in full force and effect.
<br />
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