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200302530
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Last modified
10/15/2011 5:28:16 PM
Creation date
10/21/2005 4:19:15 PM
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DEEDS
Inst Number
200302530
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z 7C <br />m =3 r? <br />"o <br />� N O <br />200302530 <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and <br />executed this 14TH of FEBRUARY_ 2003 by and between STEPHEN J MORAN AND <br />BARBARA J MORAN_ 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 10, 2001, filed <br />of record in the OFFICE. OF THE HALL COUNTY REGISTER OF DEEDS on APRIL 16.2001 <br />as DOCUMENT # 0200103296 in respect to that real estate described as: <br />LOT EIGHT (g) COLONIAL ESTATES FIFTH SUBDIVISION, 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 <br />Deed 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 dale hereinafter <br />specified; <br />NOW, THEREFORE, it is agreed: <br />I . IncoMoration 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 />$46.075.22 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 />
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