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T Z D <br />T z co D p o -N� <br />M to T Z N o <br />C �g <br />a w y <br />rn O D cry O y <br />4 cn r" 1W O C <br />r ;K O <br />' M cn cc <br />R W) <br />C <br />oW <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and o <br />executed this :6TH day ofA I , s 2001, by and between ERNEST PETERSON AND � <br />CHRISTINE Z PETERSON HUSBAND AND WIFE hereinafter referred to as "Borrower ", and p. <br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter <br />referred to as 'lender", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain Deed of Trust dated MARCH 30, 2001, <br />filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on APRIL 11, <br />2001 as Document # 200103085 in respect to that real estate described as: <br />LOT FOUR (4), HAVING A LAKE FRONT FOOTAGE OF 100 FEET, SITUATED ON THE <br />EAST SIDE OF THE WEST PORTION OF KUESTER LAKE, AND BEING ON A PART OF <br />THE EAST HALF OF THE SOUTHWEST QUARTER (E 1/2 SW 1/4 ), IN SECTION THIRTEEN <br />(13), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), HALL COUNTY, NEBRASKA, <br />BOUNDED ON THE EASTERLY SIDE BY THE COMMON ROAD. <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 heveby 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 />$120,000.00, whichever is greater. <br />