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EXTENSION AGREEMENT
<br />THIS EXTENSION AGREEMENT made and executed this 23rd day of April '
<br />2002 , by and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />GRAND ISLAND, hereinafter referred to as "Lender ", and Kenneth E. Schommer and Nancy a
<br />A. Brown , hereinafter referred to as "Borrower ".
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<br />WITNESSETH:
<br />WHEREAS, Borrower has previously executed and delivered unto Lender a certain Note
<br />secured by a Deed of Trust/Mortgage upon that real estate described as:
<br />THE EAST SEVENTY FIVE (E75) FEET OF: A CERTAIN PART OF THE
<br />SOUTHWEST QUARTER (SW1 /4) OF SECTION ELEVEN (11), IN TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M. MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE
<br />NORTHWEST CORNER OF THE SOUTHWEST QUARTER (SW /4) OF SAID
<br />SECTION ELEVEN (11), RUNNING THENCE SOUTH ALONG AND UPON THE
<br />WEST LINE OF THE SOUTHWEST QUARTER (SW1 /4), 330.0 FEET: RUNNING
<br />THENCE EAST AND PARALLEL TO THE NORTH LINE OF SAID SOUTHWEST
<br />QUARTER (SW1 /4) 108.0 FEET, RUNNING THENCE NORTH AND PARALLEL TO
<br />THE WEST LINE OF SAID SOUTHWEST QUARTER (SW1 /4) 330.0 FEET, TO A
<br />POINT ON THE NORTH LINE OF SAID SOUTHWEST QUARTER, RUNNING
<br />THENCE WEST ALONG AND UPON THE NORTH LINE OF SAID SOUTHWEST
<br />QUARTER (SW1 /4) 108.0 FEET TO THE ACTUAL POINT OF BEGINNING.
<br />which Deed of Trust/Mortgage was dated March 25, 1996 , and filed for record on
<br />March 29, 1996 , in the office of the Register of Deeds of Hall County, Nebraska, as
<br />Document No. 96- 102262 :
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of July 1, 2006:
<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
<br />give notice in accord with NEB. REV. STAT. 76 -239 of the continued effectiveness of the Deed
<br />of Trust/Mortgage above described in the following respects:
<br />1. MATURITY DATE. The stated maturity of the above - described Deed of
<br />Trust/Mortgage is hereby extended to April 1, 2010.
<br />2. CONTINUED EFFECTIVENESS. Except as specifically modified by this Extension
<br />Agreement, all other terms, covenants and conditions contained in the above - described Deed of
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<br />EXTENSION AGREEMENT
<br />THIS EXTENSION AGREEMENT made and executed this 23rd day of April '
<br />2002 , by and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />GRAND ISLAND, hereinafter referred to as "Lender ", and Kenneth E. Schommer and Nancy a
<br />A. Brown , hereinafter referred to as "Borrower ".
<br />a
<br />WITNESSETH:
<br />WHEREAS, Borrower has previously executed and delivered unto Lender a certain Note
<br />secured by a Deed of Trust/Mortgage upon that real estate described as:
<br />THE EAST SEVENTY FIVE (E75) FEET OF: A CERTAIN PART OF THE
<br />SOUTHWEST QUARTER (SW1 /4) OF SECTION ELEVEN (11), IN TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M. MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE
<br />NORTHWEST CORNER OF THE SOUTHWEST QUARTER (SW /4) OF SAID
<br />SECTION ELEVEN (11), RUNNING THENCE SOUTH ALONG AND UPON THE
<br />WEST LINE OF THE SOUTHWEST QUARTER (SW1 /4), 330.0 FEET: RUNNING
<br />THENCE EAST AND PARALLEL TO THE NORTH LINE OF SAID SOUTHWEST
<br />QUARTER (SW1 /4) 108.0 FEET, RUNNING THENCE NORTH AND PARALLEL TO
<br />THE WEST LINE OF SAID SOUTHWEST QUARTER (SW1 /4) 330.0 FEET, TO A
<br />POINT ON THE NORTH LINE OF SAID SOUTHWEST QUARTER, RUNNING
<br />THENCE WEST ALONG AND UPON THE NORTH LINE OF SAID SOUTHWEST
<br />QUARTER (SW1 /4) 108.0 FEET TO THE ACTUAL POINT OF BEGINNING.
<br />which Deed of Trust/Mortgage was dated March 25, 1996 , and filed for record on
<br />March 29, 1996 , in the office of the Register of Deeds of Hall County, Nebraska, as
<br />Document No. 96- 102262 :
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of July 1, 2006:
<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
<br />give notice in accord with NEB. REV. STAT. 76 -239 of the continued effectiveness of the Deed
<br />of Trust/Mortgage above described in the following respects:
<br />1. MATURITY DATE. The stated maturity of the above - described Deed of
<br />Trust/Mortgage is hereby extended to April 1, 2010.
<br />2. CONTINUED EFFECTIVENESS. Except as specifically modified by this Extension
<br />Agreement, all other terms, covenants and conditions contained in the above - described Deed of
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