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<br /> . ; � � . _, . . . ; . . . '� �94--�p��39 -� . ,
<br /> ' � ` " tiBEktEXB� � Horrawer and Lendet ` exacuted ` the SecoAd Modifica- � �� ` • � �
<br /> � . _ • . �ion o� � Loa�1 tSocudenta`, dat�d June sQ, 1985 t Dacumerrt Number,. � �� . . .
<br /> .-_ ; �
<br /> "� �� - � � � °Sb�204�I6� whi�ch axrcn� other thinqs �Ytended the c�iaturity date of � '
<br /> � � :� � _ � � � .
<br /> �
<br /> the`Origi-nai_ Promi.�so�ey i�tt ta` Oecember_ 31. 1985; �� � �
<br /> _. ,.
<br /> -6�.. .- - . - ------=--=--,�- ---- -== - =- --- ---- _ - - -- _. - - — __
<br /> .=..�-'�-�- - -� � _ . �- ' =� � . - ';
<br /> � , � �i�ERF�l1S� 8err�er . e�e�uted a Secor�d Protaissory. Not�� Secured,� _ � � • '.
<br /> _ . ', �y De�d df �Trc�at for $i,�4?Q«OOQ, dated June ,6.° .1985� �-"S�con�� � � ��.
<br /> . � � . �rwaissor�� Note")•� in Eavar ��pE Lender or sts` hoxcter, which ia ` � �
<br /> . ,i �, ` �i�corpors�ed heseia�by this ref��ence; . � , ' � � .' � � `
<br /> .-� ;.-�:`=: �. , ` t�48RE1�, ttc� Secoaci`�Froa►isso�� Nv�e is secured in gart isg tine � -- ;
<br /> � Deea` of Trust; , � , '
<br /> ;. • • ` � . , . .
<br /> '. ` WHEEtEliS, Dean E. Arter and Carol J. Arter executed� a Second • � ',•
<br /> ; ;' � � - Arter G�arantee, dated June b, I985 �"Seaond� Guarantee") in favor �
<br /> _ � , � of _the Lender �ar tlte balders of the originag Promissory Note and � - ' . � � • �
<br /> . ' ' � � Se�ond Promiss�ar� Note, which is incorporated � herein ,by this " � �
<br /> � _ _ .r$€e����e; . ._ .. . ,__..
<br /> ' � WBEREAS; Borrcwer executed other "Loan Documents" dated � � ` � '
<br /> � ` • June 6, 1985 as that term is defined in the Ffrst Ameadment to �
<br /> .:. ; Constru�ction Lban Agreementi in favor of the Lender or its_ holder �
<br /> �` �� � � ("R�advanced Loan Documents"y rahich Readvancec3 Loan oocuments are � � . ' �
<br /> incorporated herein by this reference; � �
<br /> � . ` � WH�REAS, Bortrawer and Le:tder executed the Tltird Modif�c.�t�on
<br /> . - � �f� Loan Ooauments dated as af Oecemb�r� 3Q� 1985 (Document Nvmber �
<br /> . ; 86-IOQ�.L'�) wbich. amonq other thinys, extended the maturfty date ' •
<br /> : � ; � of the �e�ond Promissory Note to March 3i, 1996; . �,
<br /> WHE�2�AS, Bc�raw�r and Lender executed �tte Fgurth Modificstion i.='��
<br /> �. of Loan Documents dated as of February 18, 1986 {Documene Number z-
<br />. 86-1Ot19�.�) whiah, amn�q other �hings, extended the rnaturity date
<br /> _ ; • of the Oziginal Promiasory Note to June 30, 1986; „ {
<br /> � �IERFA9, Horrawer and Lender executed the i'ourth Modi€ication
<br /> _ of Laan Docnments daCed a� of April 23, �.9A6 (hereinafter amended
<br /> � . � and� re2abeled the "Fi f th Madi F icat ic�: ro Loan Rc�cument�) (Oocu- �
<br /> ment Nu:aber 86-'_42190) , orhich, amonq other -r,ing�;, extended the
<br /> � ' , maturity @ate af the Seeond Promissar.� Hotp W•� 3u2v 3I, 1986;
<br /> , � � .
<br /> � WHEI�EAS, A First ��nendment To D��:laratian Ta ��h� Yancey, a
<br />, � ' Condomic�aum was executed and recorded on June 12, I986 on Docu-
<br /> . , raent Number 86-10�1fi8, which among other things cxeat�d Units 001
<br /> . aa*_d 002 {pFirst Amendment to Declaratian") , whiCh •ate further � •�
<br /> de$arib�d in Exhibit "A" and which First Amend:nent to Qeclaration, "``
<br /> is incar�aotate here n y this reference; �
<br /> � WHEtiFAS, Br�rrawer and Zender execut�d the Sixth Modification
<br /> v£ Loan Doruments da�ed Se�tembe�r l.l, 1986 (Oocument Number
<br /> 86-�052ti1� whic3�, among other things, reduc�d the Eace amnunt and
<br /> extended the maturity date of the drigin�:l Promissory Note and
<br /> SeCOnd Prdmissory Note to December 3I. 1986: .__. . ._. . .. .--- . _._... ....._ .. _... __.
<br /> , - .
<br /> WH�REAS, ��rrowec and Len��r executer: the Secand Amendmeat
<br /> ' and RestatemenC of the FirsTi�r �ank, National Assaciation,
<br /> Lincoln, Nebraska��, Construction Lvar, Agreem�nt, c3ated Sepcember
<br /> 11, 1986, which is incorPorat�d herein by this ref�renc� ("Second �
<br /> . Amendment to Construction *�nan �gr��m�nt" ) ;
<br /> WHEREAS, Devcc� Inc. , Dean �. Azter anc� Carc�t J. Art,er �exe� _—, -
<br /> - cuted a Third Arr.e�r Ge��ta�irAe� �d3*pd Se�L�:^�°r 21. 1���� ("T:�:a3
<br /> Guacant�e") in favor af the Leric3�x .c�r the halc�ers gf the driginal •
<br /> Pramis8ory Note which is incorporat�d herein by this reference; � .
<br /> � � � � � WH�REAS, Arter exeruted a �'o�rth Acter Cu�rar�te�, dated '
<br /> � September 21, 1986 f "fovrth Guaranxee"� in fav�r a� the i�ender a:
<br /> 1 the bolder �f the Seec�nd ?rc�missary tvate, s•,hieh is inco:�arated
<br /> �•-� , herein by thfs re�erence;
<br /> �
<br /> . WHEREAS, Bcsrrvwer e�xecut�c� a �'irst AtttetT�iTiPflr 't�f Rssi�nr.!ent. �f
<br /> Lea�e,, dated S��Ee�ber ��. 1�B6 � ��Ass��.^.I1tF�:t �f I>e��s��"� ; � -�
<br /> . � � ;-:. .. -
<br /> � - z �
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