|
200309664
<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this a/ 5' of JULY, 2003, by and between CARROLL P WARD AND PATRICIA A
<br />WARD, HUSBAND AND WIFE-, hereinafter referred to as `Borrower ", and HOME
<br />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 JANUARY 16, 2002,
<br />filed of record in the OFFICE OF THE HALL COUNTY REGISTER OF DEEDS on JANUARY
<br />23, 2002 as DOCUMENT # 0200200900 in respect to that real estate described as:
<br />LOTS THREE (3) AND FIVE (5) IN BLOCK TWENTY THREE (23) IN UNIVERSITY
<br />PLACE, AN ADDITION TO 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 />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 $55,000.00, 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 />nn
<br />ti
<br />c:
<br />m
<br />M
<br />CA
<br />=
<br />2{rn
<br />cfl
<br />NC
<br />n
<br />Z
<br />p
<br />m
<br />c,`
<br />rte-
<br />.�
<br />O CL
<br />in
<br />D
<br />N
<br />e
<br />N
<br />ro
<br />O
<br />N
<br />7nC
<br />= m
<br />W
<br />MM
<br />o
<br />r`
<br />co 2
<br />CD
<br />rn
<br />CD
<br />ry
<br />Cn
<br />s
<br />N
<br />Z
<br />O
<br />200309664
<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this a/ 5' of JULY, 2003, by and between CARROLL P WARD AND PATRICIA A
<br />WARD, HUSBAND AND WIFE-, hereinafter referred to as `Borrower ", and HOME
<br />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 JANUARY 16, 2002,
<br />filed of record in the OFFICE OF THE HALL COUNTY REGISTER OF DEEDS on JANUARY
<br />23, 2002 as DOCUMENT # 0200200900 in respect to that real estate described as:
<br />LOTS THREE (3) AND FIVE (5) IN BLOCK TWENTY THREE (23) IN UNIVERSITY
<br />PLACE, AN ADDITION TO 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 />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 $55,000.00, 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 />
|