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200410682
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Last modified
10/16/2011 10:38:47 PM
Creation date
10/21/2005 5:28:56 AM
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DEEDS
Inst Number
200410682
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H C Piz C/1 \ ; G D N <br />CD <br />fU <br />c ; �t <br />= C7 D P 2?, \ —=i �T O <br />M D Cn m 4t C G' K <br />CD <br />rb <br />01 <br />j1 m f D cz) in <br />QVJ _z O7 <br />� CD � <br />Q <br />N n oo cn <br />Cl) <br />z <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br />THIS MOI4TGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and <br />executed this 1_ of OCTOBER, 2004, by and between ROSS E LYON AND <br />CASSONDRA D LYON HUSBAND AND WIFE , hereinafter referred to as "Borrower ", and <br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, <br />hereinafter referred to as "lender ", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain Deed of Trust dated AUGUST 26, 2003, <br />filed of record on AUGUST 27, 2003 in the HALL COUNTY REGISTER OF DEED'S OFFICE <br />OF HALL COUNTY, NEBRASKA as DOCUMENT # 0200311388 described as: <br />11,63 <br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future advances <br />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 <br />to protect the security of this Deed of Trust, exceed the original principal amount stated <br />herein, or $175,236.23, whichever is greater. <br />2. Continuing Effect. Except as specifically modified by this Agreement, all other <br />terms and provisions of this Deed of Trust hereinabove identified shall remain in full force and <br />effect. <br />
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