|
_DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this 6TH day of DECEMBER, 2001, by and between ALAN W. ROTH AND
<br />RHONDA K. ROTH, HUSBAND AND WIFE hereinafter referred to as `Borrower", and
<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 APRIL 15TH, 1997,
<br />filed of record in the HALL COUNTY REGISTER OF DEEDS OFFICE, HALL COUNTY
<br />NEBRASKA on APRIL 15TH, 1997 as_in respect to that real estate described as:
<br />The west half of the southeast quarter (W 1 /2 SE 1/4) of section sixteen (16), in township eleven
<br />(11) north, range twelve (12) west of the 6t' p.m., 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 Deed
<br />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 />$78,400.00 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 />C>
<br />n
<br />n
<br />3`
<br />M
<br />N
<br />=
<br />D
<br />v
<br />2
<br />�
<br />o D
<br />o
<br />N
<br />N
<br />0
<br />6n
<br />L
<br />z I
<br />c�
<br />CD
<br />0
<br />CO
<br />f�
<br />N
<br />9
<br />r �
<br />�'�
<br />O
<br />r n
<br />N
<br />C
<br />K,.
<br />}�
<br />D
<br />I
<br />W
<br />co
<br />a
<br />CD
<br />W
<br />N
<br />(
<br />0
<br />_DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this 6TH day of DECEMBER, 2001, by and between ALAN W. ROTH AND
<br />RHONDA K. ROTH, HUSBAND AND WIFE hereinafter referred to as `Borrower", and
<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 APRIL 15TH, 1997,
<br />filed of record in the HALL COUNTY REGISTER OF DEEDS OFFICE, HALL COUNTY
<br />NEBRASKA on APRIL 15TH, 1997 as_in respect to that real estate described as:
<br />The west half of the southeast quarter (W 1 /2 SE 1/4) of section sixteen (16), in township eleven
<br />(11) north, range twelve (12) west of the 6t' p.m., 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 Deed
<br />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 />$78,400.00 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 />C>
<br />
|