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z <br />r <br />_P <br />o <br />c n <br />m <br />Ci <br />� 2 <br />H <br />N <br />O <br />7c <br />[D <br />C <br />O <br />y <br />j <br />O <br />200306926 <br />z <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 24 �' of May, 2003, by and between S. Douglas and Teresa M. Kucera, Husband <br />and Wife and Robert D. Almquist and Marcia K. Almquist, Husband and Wife, hereinafter <br />referred to as "Borrower ", and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND, hereinafter referred to as "lender ", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain Deed of Trust dated February 27, 2001, filed <br />of record in the OFFICE OF THE HALL COUNTY REGISTER OF DEEDS on March 1, 2001 <br />as Instrument No. 0200101577 in respect to that real estate described as: <br />Lot Five (5), Block One Hundred Thirty-Three (133), in Koenig and Wiebe's Addition to <br />the City of Grand Island, Hall County, Nebraska. <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 />WIIEREAS, 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 hereinabovc identified; <br />WHEREAS, Borrower and Lender hereby desire to amend the existing Decd 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 />2. Future Advances. Upon request of Borrower, Lender may, at its option, make <br />additional 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 />$46,000.00, whichever is greater. <br />3. 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 />