This EXTENSION AGREEMENT made and executed this2 1 }day JANUARY. 2004, by
<br />and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Lender ", and
<br />DANIEL L WELCH AND ANN C WELCH, HUSBAND AND WIFE
<br />hereinafter referred to as "Borrower ".
<br />WITNESSETH:
<br />WHEREAS, borrower has previously executed and delivered unto Lender a certain Note
<br />secured by a Deed of Trust/Mortgage upon that real estate described as:
<br />A PIECE OR PARCEL OF LAND SITUATED IN THE NORTHEAST QUARTER (NET /4) OF SECTION
<br />TWENTY ONE (21). TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M.
<br />HALL COUNTY, NEBRASKA MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING
<br />AT A POINT SIXTY (60) FEET DUE NORTH OF THE NORTHEAST CORNER OF LOT ONE (1), OF
<br />WILLIAM FRANK ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA; THENCE RUNING
<br />DUE NORTH ON A LINE THIRTY -THREE (33) FEET WEST OF THE CENTER LINE OF SOUTH
<br />LOCUST STREET IN SAID CITY FOR A DISTANCE OF ONE HUNDRED (100) FEET; THENCE
<br />RUNNING DI TE WEST AT RIGIiT ANGLES WITH SAID LOCUST STREET FOR A DISTANCE OF
<br />EIGHTY -FIVE (85) FEET; THENCE RUNNING DUE SOUTH PARALLEL WITH SAID SOUTH LOCUST
<br />STREET FOR A DISTANCE OF ONE HUNDRED (100) FEET; THENCE RUNNINF DUE EAST FOR A
<br />DISTANCE OF EIGHTY FIVE (85) FEET TO THE PLACE OF BEGINNING, EXCFPTING A CERTAIN
<br />TRACT OWNED BY THE CITY OF GRAND ISLAND, STATE OF NEBRASKA AS SHOWN IN
<br />RETURN OF APPRAISERS RECORDED IN BOOK 22, PAGE 9
<br />which Deed of Trust/Mortgage was dated JULY 25 1997, and filed for record on JULY 31. 1997
<br />in the office of the HALL, COUNTY REGISTER OF DEED'S OFFICE, HALL COUNTY,
<br />NEBRASKA as DOCUMENT # 97- 106138;
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of AUGUST 1. 2007.
<br />WHEREAS, Lender and Borrower have mutually agreed to renew and extend the
<br />indebtedness secured by such Deed of Trust/Mortgage,
<br />NOW, THEREFORE, in consideration of such renewal and extension, the parties hereto give
<br />notice in accord with NEB. REV. STAT. SS 76 -239 of the continued effectiveness of the Deed of
<br />Trust/Mortgage above described in the following respects:
<br />1. MATURITY DATE. The stated maturity of the above- described Deed of Trust/Mortgage
<br />is hereby AMENDED TO JANUARY 1 2009
<br />2, CONTINUED EFFECTIVENESS. Except as specifically modified by this Extension
<br />Agreement, all other terms, covenants and conditions contained in the above - described
<br />Deed of Tntst(Mortgage shall remain in full force and effect as security for the remaining
<br />indebtedness concurrently herewith extended.
<br />IN WITNESS WHEREOF, the undersigned have executed this Extension Agreement on the date first
<br />noted above.
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<br />EXTENSION AGREEMENT
<br />This EXTENSION AGREEMENT made and executed this2 1 }day JANUARY. 2004, by
<br />and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Lender ", and
<br />DANIEL L WELCH AND ANN C WELCH, HUSBAND AND WIFE
<br />hereinafter referred to as "Borrower ".
<br />WITNESSETH:
<br />WHEREAS, borrower has previously executed and delivered unto Lender a certain Note
<br />secured by a Deed of Trust/Mortgage upon that real estate described as:
<br />A PIECE OR PARCEL OF LAND SITUATED IN THE NORTHEAST QUARTER (NET /4) OF SECTION
<br />TWENTY ONE (21). TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M.
<br />HALL COUNTY, NEBRASKA MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING
<br />AT A POINT SIXTY (60) FEET DUE NORTH OF THE NORTHEAST CORNER OF LOT ONE (1), OF
<br />WILLIAM FRANK ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA; THENCE RUNING
<br />DUE NORTH ON A LINE THIRTY -THREE (33) FEET WEST OF THE CENTER LINE OF SOUTH
<br />LOCUST STREET IN SAID CITY FOR A DISTANCE OF ONE HUNDRED (100) FEET; THENCE
<br />RUNNING DI TE WEST AT RIGIiT ANGLES WITH SAID LOCUST STREET FOR A DISTANCE OF
<br />EIGHTY -FIVE (85) FEET; THENCE RUNNING DUE SOUTH PARALLEL WITH SAID SOUTH LOCUST
<br />STREET FOR A DISTANCE OF ONE HUNDRED (100) FEET; THENCE RUNNINF DUE EAST FOR A
<br />DISTANCE OF EIGHTY FIVE (85) FEET TO THE PLACE OF BEGINNING, EXCFPTING A CERTAIN
<br />TRACT OWNED BY THE CITY OF GRAND ISLAND, STATE OF NEBRASKA AS SHOWN IN
<br />RETURN OF APPRAISERS RECORDED IN BOOK 22, PAGE 9
<br />which Deed of Trust/Mortgage was dated JULY 25 1997, and filed for record on JULY 31. 1997
<br />in the office of the HALL, COUNTY REGISTER OF DEED'S OFFICE, HALL COUNTY,
<br />NEBRASKA as DOCUMENT # 97- 106138;
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of AUGUST 1. 2007.
<br />WHEREAS, Lender and Borrower have mutually agreed to renew and extend the
<br />indebtedness secured by such Deed of Trust/Mortgage,
<br />NOW, THEREFORE, in consideration of such renewal and extension, the parties hereto give
<br />notice in accord with NEB. REV. STAT. SS 76 -239 of the continued effectiveness of the Deed of
<br />Trust/Mortgage above described in the following respects:
<br />1. MATURITY DATE. The stated maturity of the above- described Deed of Trust/Mortgage
<br />is hereby AMENDED TO JANUARY 1 2009
<br />2, CONTINUED EFFECTIVENESS. Except as specifically modified by this Extension
<br />Agreement, all other terms, covenants and conditions contained in the above - described
<br />Deed of Tntst(Mortgage shall remain in full force and effect as security for the remaining
<br />indebtedness concurrently herewith extended.
<br />IN WITNESS WHEREOF, the undersigned have executed this Extension Agreement on the date first
<br />noted above.
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