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This EXTENSION AGREEMENT made and executed this day of March, 2004, by
<br />and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Lender ", and
<br />Procon Development Company, L.L.C.
<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 />LOT EIGHT (8), IN BLOCK SIXTY -SIX (66), IN THE ORIGINAL TOWN, NOW
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which Deed of Trust/Mortgage was dated February 10, 2003, and filed for record on February 14,
<br />2003, in the office of the HALL COUNTY REGISTER OF DEEDS OF HALL COUNTY,
<br />NEBRASKA as Instrument Number 0200301834
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of February 1, 2004.
<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 extended to June 18, 2005.
<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 Trust /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
<br />date first noted above.
<br />HOME FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF QRANQ ISLAND
<br />,�4 4 1 . kL_
<br />By: Barry Sa dstrom, President & CEO
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<br />This EXTENSION AGREEMENT made and executed this day of March, 2004, by
<br />and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Lender ", and
<br />Procon Development Company, L.L.C.
<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 />LOT EIGHT (8), IN BLOCK SIXTY -SIX (66), IN THE ORIGINAL TOWN, NOW
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which Deed of Trust/Mortgage was dated February 10, 2003, and filed for record on February 14,
<br />2003, in the office of the HALL COUNTY REGISTER OF DEEDS OF HALL COUNTY,
<br />NEBRASKA as Instrument Number 0200301834
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of February 1, 2004.
<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 extended to June 18, 2005.
<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 Trust /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
<br />date first noted above.
<br />HOME FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF QRANQ ISLAND
<br />,�4 4 1 . kL_
<br />By: Barry Sa dstrom, President & CEO
<br />
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