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<br /> EXTENSION AGREEMENT "' �
<br /> �,
<br /> �
<br /> � This EXZ'ENSION AGF�EMENT made and executed this ���day of November, 1999,
<br /> �, by and between HOME FEDERAL SAVIlVGS AND LOAN ASSOCIATION OF GRAND
<br /> ISLAND, hereinafter referred to as "Lender", and ��
<br /> ��,
<br /> STEPHEN K HANCOCK AND KAREN D HANCOCK,HUSBAND AND WIFE �
<br /> hereinafter referred to as"Borrower".
<br /> WITNESSETH:
<br /> WHEREAS,bonower has previously executed and delivered unto Lender a certain Note �
<br /> secured by a Deed of TrustlMortgage upon that real estate described as:
<br /> A TRACT OF LAND COMPRISING A PART C)F THE NORTIIWEST QUARTER OF TlIE SO[.PI'IIWEST QUARTER(NW 1/4 SW 1/4)AND A
<br /> PART OF THE NOR'I'HEAST QUARTER OF T�-IE SOUTIIWEST QUARTER(NEI/4 SEl/4)OF SECTION ELEVEN(11),TOWNSHIP F.LEVEN
<br /> (11)NORTH,RANGE NIlVE(9)WEST OF TI-�6tfi P.M.,IN T�CITY GF GRANLI ISI.AND,HALL COLJNTY,NEBRASKA,MORE
<br /> PARTICULARI,Y DESCRIBED AS FULLOWS:
<br /> BEGINNING AT TI�NOR'I'HWEST CORNER OF SAID NQR'Ff IEAST QUARTER OF THE SOUTHWEST QUARTER(NE1/4 SW 1/4)Ti�NCE
<br /> Ri3NNIl3G EAST ALQNG Tf�NORTH LINE OF SAID NORTf�AST QUARTER OF 11� SOUTHWEST QUAR'lER(NE]/4 SW 1/4)ON AN
<br /> ASSUMED BEARTNG OF S 88°53'27"A DISTANCE OF SIX HCTNDRED NINETY NINE AND SEVENI'Y NIIJE HUNDREI7IT-IS(699.79)FEET,
<br /> TO A FOINT ON THE NORTI�RLY RIGHT OF WAY LINE OF THE iJNION PACIFIC RAILROAD COMPANY;7��IJCE RUNNIIJG
<br /> S64°07'26"W ALONG TEIE NORTEIERLY RIGHT OF WAY LII�1E OF TF1E UNION PACIFIC RAII.ROAD COI�'ANY A DIST�l1t�ACE OF SDC
<br /> HiINDRED SEVENTY SIX AND FORTY EIGH'f F�iJNDREDTHS(676.8)FEET;'1'�IENCE RiJNNING N00°00'00"W,A DtSTANCE OF EIGHTY
<br /> THREE AND SEVENTY TIII2BE HIJNDREDTHS(83.3)FEET;TE�NCF.RLTNNINCi N90°00'00"W A DISTANCE OF NINF.TY ONE�91.0)FEF:C,
<br /> TO A POINT ON THE EAST LINE OF SAID NORTHWEST QUARTER OF THE SOLJTIIWEST QUARTER(NW 1/4SW 1/4);Tf-IENCE RUNNINCi
<br /> S00°00'00"W ALONG TI-IE EAST LINE OF SAID NORTHWEST QUARTER OF Tf-TE SOtJTHWEST QUARTER(NW1/4SWl/4),A DISTANCE
<br /> OF ONE HUNDRED FIVE AND TWELVE HiJNDREI7THS(105.12)FEET,TO Tf�NORTE�AST CORNER OF LOT TWO(2)SCHMADER
<br /> SECOND SUBDIVISION;THENCE RUNNIIIG N89°OS'35"w ALONG TE�NORTf�RLY LINE OF SCHMADER SECOND SUBDNISION,A
<br /> DISTANCE OF FOUR HI7NDRED EIGHTY AND FOUR TENTEIS(480.04)FEET;TEIENCE RUNNING N US°OT20"W A DISTANCE OF TWO
<br /> FiiJNDRED NINETY ONE AND SEVENTY TEIREE HUNDREDTHS(291.73)FEET,TO A POINT ON Tf�SOUTHERLY RIGHT OF WAY LINE
<br /> OF 7TH STREET;'CEIENCE RUNNING S 89°OS'42"E.A DISTANCE OF ONE HUNDRED SDCfEEN AND THIRTY THREE HL7NDREDTHS
<br /> (l 16.33)FEET;Tf�NCE RUNNING N00°00'(10"E,A DISTANCE OF FORTY(40.0)FEET,TO A POINT ON TI-IE NORTH LINE OF SAID
<br /> NORTHWEST QUARTER OF TI�SOUTHWEST QUARTER(NW 1/4SW 1/4);THENCE RUNNING S 89°OS'42"E ALONC�TI-�NORTH LINE OF
<br /> SAID NURT'HWEST QUARTER OF Tf�SOUTHWEST QUARTER(NW 1!4 SW 1/4)A DISTANCE OF THREE H[JNDRED NINETY(390.0)
<br /> FEET,TO THE POINT UF BEGINNING.
<br /> Deed of Trust/Mortgage was dated June 16, 1993, and filed for record on June 17, 1993, in the office
<br /> of the Register of Deeds of HALL COUNTY,Nebra.ska as Document No. 93-105091 and a Deed of
<br /> Trust Modification Agreement dated Julv 16, 1998 and filed JulY22, 1998 as Document# 98-107145
<br /> WHEREAS, such Deed of TrustlMortgage had a stated maturity date of Julv 1,2008;
<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 March l, 2011.
<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 e�ctended.
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