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89' 100206 MWIFICATION AND kit VNSION AGREFAUNT JF,FkRT'1' R. GAREY and RABBI A. GMY, Husband and Wife3, herein called the Debtor, and THE OWM AND NATIOM BANK OF GRAND ISLAM, Grand Island, Nebraska., herein called the Fender, hereby agree as follms: 1. Debtor has executed and delivered to Lender a Note dated lay 14, 1987 and secured with a Deed of Trust dathA April 7, 1W?, and recorded on May 201, 1957, as Document No. 87- 102906 in the office of the Register of Deeds, Hall County, Nebraska, in consideration of a certain,Note for $150000.000 a valid subsisting obligation of the Debtor, and•payroent of, the remainder of the principal and accrued interest thereon shall, bra due according to the terms of the aforoiwtioned Note, modified and payable in , the following manner: A• note dated May 14t. 1:98'7., on vbic a principal balance of $13 , 01O.62 now ramins Nnll b0 repaid with monthly installments of $346.05 applied, first to the accrued interest with the balance to principal, beginning January 150 1959 and continuing until maturity. The interest will accrue from January 9, 1989 at an interest rate of Thirteen percent (13.0X) until the maturity of the loan on December 159 1892, when the entire unpaid principal and interest will be fully due and payable. 2. All other terms and conditions watained in the original Note dated May 14, 1987 shall rein the sane, and this 'jodifiration and , ctes:sion Agreement is made a part of the original Note by reference and shall inure to all successors and assigns and their heirs. Dated this 9th day of-Januarys 1989. pfffp R arey )now Bobbi A. Garey THE OVOLAND NATI(:XML: REX OF GUM ISLAND By Richard L. Bales, Commercial./Coftsumer Loan Officer STATE OF NZBRAM) QXNEY OF HALL ) Before me, a notary public qualified for said county, personally came Jeffrey R. Garey and Bobbi A. Garey, Husband and Wife, kriovm to.m to be the identical persons who signed the foregoing instrument and acknowledged the execution thereof to be his and her voluntary act and deed. Witness my hand and notarial seal on J 9, 1989. 1XV L MXIMr4w N Nines b'� Notary Public STATE OF NEERASKA) ) ss: O0ENTY OF HALL ) Before roe, a notary public qualified for said county, personally came RA chard L. Bales, known to me to be the identical person who sip6d the foregoing Instrument and acknowledged the execution thereof to be. dais voluntr act . and dam;and the voluntary act and deed as an officer of said corporatlon. Witteees: mW hand and notarial seal cn January 9, 1989. Or�t lot 4 1M1 N6fOy Public RED WO'M MErdo: Rot. of Deeds i_