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<br /> ACHI�(KiiLEDG!lENT OF FIRST
<br /> � !lODIFICEITION TO LOAN DOCOM�`PS
<br /> _ (AAT'iTEST IIIj �4������
<br /> ,
<br /> The undersigned intends to execute a First Modi�ication to
<br /> _� Loan Documents ("Pirst ModificatiaciYj; r�ated as of December 32st, -
<br /> 1989, between the undersigned and FirsTier Hank, Nationa�
<br /> � ` A�sociation, Lincoln, Nebraska, which amends (i) the De�d of
<br /> , Trust Acknowledgment, Deed o€ Trust Assignment of Rent� and �
<br /> Security Agreement dated December 31, 198b as recorded on .Tanuary
<br /> 6, 2967 at Baok 343, page 48 in the Register of Deeds O€fi�e of : �;�.;,;;�::`� � .t. °
<br /> Marshall County, Kansas ("Kansas Deed of TruSt") and, ( ii� the � - �
<br /> Deed of Trust Acknowledgment, Deecl of Tr.ust, Asszgrrfiryn� o� .R,�nCs " � � � ���:�:,;';:;.. �� �
<br /> and Security Agreement, dated D�cember 31, 1986, execut�d.�; in • - ` � �
<br /> t three ariginal caunterparts, �rzd (a) record�d an December 31, �
<br /> ' 198( as I�astrument No. 86-10?5IE in tF�e Regi�t�r of Deeds Office . � :';,.�,
<br /> of Hall Caunty, Nebraska (b) record�ed on January 5, at Boak 224, �
<br /> � • Page 184 in the Register of Deed� OfficA oE Gage CQUnty, . �
<br /> � Nebraska, and (c) recorded on January 6, 14�� at Book 2fi5, Page .
<br /> � 282 in the Register of Deeds Office of Scfltts B1uEf Co�anty, � � �
<br /> � Nebraska (all three original counterparts being referred t� as ,
<br /> : the "Nebraska Deed of Trust") (the Kansas Deed of Trust and the
<br /> � . Nebraska Deed of Tr��t being individuall�r and collecti�rely
<br /> � ' r���rred to as t�c� "Deed o€ Trust" ) reqard"ing the real estate ' �
<br /> � e�.���ribed as Exhibit "A-1" ar�: Exhibit "A-2" which are attached - . - ��t
<br /> " ' j h�reto and incorporated herein by this reference. �
<br /> ` Pursuant to Section 76-ZQOS Neb• Rev. Stat. the undersigned ���`
<br /> hereby acknowled�3es and understands the following: �,;=�
<br /> I � ? •
<br /> ; (a) the First Modification to be executed amends t�e Deed o€
<br /> _ Trust and said Deed of Trust is a trust deed and nat a mcartgage;
<br /> and
<br /> i (b) the power of sale provided fot in the Dee� af Trust �
<br /> � � provides substantially different right� and obla.gat.ior�s to the �
<br /> ' �sustor t:�an a r�ortgage in the event of a d�fault or b�teach of
<br /> � af�l�gation.
<br /> �
<br /> ARTVEST III, a N�bras�c3 Gen raZ
<br /> Partn�rsb'p
<br /> , F ' ���,
<br /> ,-
<br /> DATED: Da_r_�mber �, 1989 gy:
<br /> i'=�'-
<br /> AT: D; i�-.M. D2an E. ArtPr '
<br /> General Par=ner �
<br /> w
<br /> __ ; DATED: D�cember 3D, 19ti9 By:
<br /> — tsT� d.��'�' /�.M. achae D. ter
<br /> Genera Fartner
<br /> �- DATED: December 30 , 1989 By; .
<br /> — � AT: C�:�b 1'=M. M�r c D. r ter =_-_- --
<br /> Genr�ral Partner E
<br /> . � �
<br />-- ���.7�.. i i .--
<br /> DATED: December �D , 1989 gy; •� U��l;,(k,�..
<br /> �, " AT: �'j:S" �.M. Jr:�tt� s E. Arter
<br /> LCa eral Partner
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