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DEED OF TRUST MODIFICATION AGREEMENT
<br />(Variable Rate to Fixed)
<br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this o
<br />10th day of MAY, 2001, by and between ELWYN L SCHWEITZER AND MARY A
<br />SCHWEITZER, husband and wife , hereinafter referred to as "Borrower ", and HOME p
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of
<br />the Lender in the total original amount of FORTY THOUSAND AND NO /100 Dollars
<br />($40,000.00);
<br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable
<br />Rate Rider dated AUGUST 18, 2000, filed of record in the Office of the Hall County
<br />Register of Deeds on AUGUST 22, 2000 as Document No. 0200006819 in respect to that real
<br />estate described as:
<br />THAT PART OF THE NORTH HALF (N' /2) OF SECTION THIRTY ONE (3 1) IN TOWNSHIP TWELVE (12)
<br />NORTH RANGE TEN (10), WEST OF THE 6TH P.M., MORE PARTICULARLY DESCRIBED AS:
<br />BEGINNING AT THE NORTHWEST CORNER OF THE NE 1/4 OF SAID SECTION THIRTY ONE (31);
<br />RUNNING THENCE EAST ALONG THE NORTH LINE OF SAID SECTION, FOR A DISTANCE OF
<br />THIRTY -EIGHT (38) FEET; RUNNING THENCE DUE SOUTH FOR A DISTANCE OF 168.8 FEET;
<br />RUNNING THENCE EAST AND PARALLEL TO THE NORTH LINE OF SAID SECTION 31, FOR A
<br />DISTANCE OF 150 FEET; RUNNING THENCE SOUTH 16 DEGREES 14' WEST FOR A DISTANCE OF 581.9
<br />FEET; RUNNING THENCE NORTH 38 DEGREES 31' WEST FOR A DISTANCE OF 516.9 FEET; RUNNING
<br />THENCE SOUTH 88 DEGREES 57' WEST, FOR A DISTANCE OF 442.8 FEET; RUNNING THENCE NORTH
<br />1 DEGREES 09' EAST FOR A DISTANCE OF 369.3 FEET MORE OR LESS TO THE NORTH LINE OF SAID
<br />SECTION 31; RUNNING THENCE NORTH 89 DEGREES 34' EAST ALONG THE NORTH LINE OF SAID
<br />SECTION 31, FOR A DISTANCE OF 408.7 FEET, MORE OR LESS TO THE POINT OF BEGINNING.
<br />WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than
<br />the variable rate specified by such Deed of Trust with Adjustable Rate Rider and that the stated
<br />maturity date be also hereby modified;
<br />WHEREAS, Lender is willing to convert such variable rate loan into a fixed rate loan to
<br />be secured by such Deed of Trust with Adjustable Rate Rider and modify the existing maturity
<br />date;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust
<br />with Adjustable Rate Rider identified hereinabove to provide that it shall continue to secure the
<br />presently remaining indebtedness from and after the date hereinafter specified together with a
<br />fixed rate of interest rather than a variable rate as originally set forth in such Adjustable Rate
<br />Rider;
<br />NOW, THEREFORE, it is agreed:
<br />1. Interest Rate and Maturity Modification. Commencing effective JUNE 1200 1,
<br />the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove identified
<br />shall accrue interest at a fixed rate of SEVEN & THREE EIGHTHS percent (7.375 %)
<br />throughout the remaining term of such indebtedness and, notwithstanding the provisions
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<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Variable Rate to Fixed)
<br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this o
<br />10th day of MAY, 2001, by and between ELWYN L SCHWEITZER AND MARY A
<br />SCHWEITZER, husband and wife , hereinafter referred to as "Borrower ", and HOME p
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of
<br />the Lender in the total original amount of FORTY THOUSAND AND NO /100 Dollars
<br />($40,000.00);
<br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable
<br />Rate Rider dated AUGUST 18, 2000, filed of record in the Office of the Hall County
<br />Register of Deeds on AUGUST 22, 2000 as Document No. 0200006819 in respect to that real
<br />estate described as:
<br />THAT PART OF THE NORTH HALF (N' /2) OF SECTION THIRTY ONE (3 1) IN TOWNSHIP TWELVE (12)
<br />NORTH RANGE TEN (10), WEST OF THE 6TH P.M., MORE PARTICULARLY DESCRIBED AS:
<br />BEGINNING AT THE NORTHWEST CORNER OF THE NE 1/4 OF SAID SECTION THIRTY ONE (31);
<br />RUNNING THENCE EAST ALONG THE NORTH LINE OF SAID SECTION, FOR A DISTANCE OF
<br />THIRTY -EIGHT (38) FEET; RUNNING THENCE DUE SOUTH FOR A DISTANCE OF 168.8 FEET;
<br />RUNNING THENCE EAST AND PARALLEL TO THE NORTH LINE OF SAID SECTION 31, FOR A
<br />DISTANCE OF 150 FEET; RUNNING THENCE SOUTH 16 DEGREES 14' WEST FOR A DISTANCE OF 581.9
<br />FEET; RUNNING THENCE NORTH 38 DEGREES 31' WEST FOR A DISTANCE OF 516.9 FEET; RUNNING
<br />THENCE SOUTH 88 DEGREES 57' WEST, FOR A DISTANCE OF 442.8 FEET; RUNNING THENCE NORTH
<br />1 DEGREES 09' EAST FOR A DISTANCE OF 369.3 FEET MORE OR LESS TO THE NORTH LINE OF SAID
<br />SECTION 31; RUNNING THENCE NORTH 89 DEGREES 34' EAST ALONG THE NORTH LINE OF SAID
<br />SECTION 31, FOR A DISTANCE OF 408.7 FEET, MORE OR LESS TO THE POINT OF BEGINNING.
<br />WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than
<br />the variable rate specified by such Deed of Trust with Adjustable Rate Rider and that the stated
<br />maturity date be also hereby modified;
<br />WHEREAS, Lender is willing to convert such variable rate loan into a fixed rate loan to
<br />be secured by such Deed of Trust with Adjustable Rate Rider and modify the existing maturity
<br />date;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust
<br />with Adjustable Rate Rider identified hereinabove to provide that it shall continue to secure the
<br />presently remaining indebtedness from and after the date hereinafter specified together with a
<br />fixed rate of interest rather than a variable rate as originally set forth in such Adjustable Rate
<br />Rider;
<br />NOW, THEREFORE, it is agreed:
<br />1. Interest Rate and Maturity Modification. Commencing effective JUNE 1200 1,
<br />the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove identified
<br />shall accrue interest at a fixed rate of SEVEN & THREE EIGHTHS percent (7.375 %)
<br />throughout the remaining term of such indebtedness and, notwithstanding the provisions
<br />
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