|
�'U I
<br />N
<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this
<br />day of FEBRUARY, 2001, by and between CRAIG A LEWIS AND BARBARA M
<br />LEWIS, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as
<br />"lender ".
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Deed of Trust dated NOVEMBER 22 1989
<br />filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on NOVEMBER
<br />29, 1989 as Document # 89- 106466 in respect to that real estate described as:
<br />LOTS NINE (9) AND TEN (10) IN BLOCK FOUR (4) IN ASHTON PLACE, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future
<br />advances to be secured by such Deed of Trust;
<br />WHEREAS, Borrower has requested that Lender make an additional advance to be
<br />secured by such existing Deed of Trust;
<br />WHEREAS, Lender is willing to make an additional advance to be secured by such
<br />Deed of Trust provided there shall have been no filings of record subsequent to the date of the
<br />recording of that Deed of Trust hereinabove identified;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust
<br />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 Deed of Trust Modification Agreement, the indebtedness secured by the Deed of Trust
<br />described hereinabove shall secure advances made concurrently herewith and future advances in
<br />accordance with the following provision which shall hereafter be deemed to be a part of such
<br />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 Deed of Trust. At no time shall the principal
<br />amount of the indebtedness secured by this Deed of Trust, not including sums advanced to
<br />protect the security of this Deed of Trust, exceed the original principal amount stated herein, or
<br />$ 30,194.96 , whichever is greater.
<br />2. Continuing Effect. Except as specifically modified by this Deed of Trust
<br />Agreement, all other terms and provisions of this Deed of Trust hereinabove identified shall
<br />remain in full force and effect.
<br />Al
<br />M
<br />—„
<br />C
<br />M
<br />Cr,
<br />C)
<br />0
<br />Z
<br />l'1
<br />:11
<br />S
<br />p
<br />x
<br />o cn
<br />o -i
<br />O
<br />fi
<br />R
<br />cn
<br />o -rl
<br />p
<br />A
<br />m 1
<br />u-,
<br />p �e
<br />o
<br />x
<br />►—�
<br />C0
<br />v
<br />W CD
<br />CID
<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this
<br />day of FEBRUARY, 2001, by and between CRAIG A LEWIS AND BARBARA M
<br />LEWIS, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as
<br />"lender ".
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Deed of Trust dated NOVEMBER 22 1989
<br />filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on NOVEMBER
<br />29, 1989 as Document # 89- 106466 in respect to that real estate described as:
<br />LOTS NINE (9) AND TEN (10) IN BLOCK FOUR (4) IN ASHTON PLACE, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future
<br />advances to be secured by such Deed of Trust;
<br />WHEREAS, Borrower has requested that Lender make an additional advance to be
<br />secured by such existing Deed of Trust;
<br />WHEREAS, Lender is willing to make an additional advance to be secured by such
<br />Deed of Trust provided there shall have been no filings of record subsequent to the date of the
<br />recording of that Deed of Trust hereinabove identified;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust
<br />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 Deed of Trust Modification Agreement, the indebtedness secured by the Deed of Trust
<br />described hereinabove shall secure advances made concurrently herewith and future advances in
<br />accordance with the following provision which shall hereafter be deemed to be a part of such
<br />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 Deed of Trust. At no time shall the principal
<br />amount of the indebtedness secured by this Deed of Trust, not including sums advanced to
<br />protect the security of this Deed of Trust, exceed the original principal amount stated herein, or
<br />$ 30,194.96 , whichever is greater.
<br />2. Continuing Effect. Except as specifically modified by this Deed of Trust
<br />Agreement, all other terms and provisions of this Deed of Trust hereinabove identified shall
<br />remain in full force and effect.
<br />
|