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m <br />° <br />D Z n = F--+ <br />M C, 0 C <br />coo <br />°CO <br />Ng CD <br />Pt ° <br />rn <br />C:) 3::m <br />Q <br />Oo <br />f ^ rn -0 <br />V } <br />m Q <br />°.R, <br />rn <br />r X <br />r <br />u°,, <br />1110 <br />°CD <br />200407654 a <br />Cn Cn <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and <br />executed this26TH day of JULY, 2001, by and between WALTER D MAASCH AND DELLA <br />L MATSCH HUSBAND AND WIFE hereinafter referred to as "Borrower ", and HOME <br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred <br />to as "lender ", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain Deed of Trust dated APRIL 25, 1997, filed <br />of record in the Office of the HALL COUNTY REGISTER OF DEEDS on MAY 1, 1997 as <br />Document # 97- 103294 in respect to that real estate described as: <br />LOT THIRTY (30) BLOCK THREE (3), OLDE MILL SUBDIVISION, IN THE CITY <br />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 />$65,000.00, 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 />