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DEED OF TRUST MODIFICATION AGREEMENT' THIS AGREEMENT made on July Lam, 2002, between DAVID E. LOEFFLER _ h and SHARMOND R. LOEFFLER, husband and wife, jointly and severally, 14570 South 190th Road, Wood River, Nebraska 68883, referred to as "TRUSTOR "; and HERITAGE BANK, 110 East 9th Street, P. O. Box 487, Wood River, Nebraska 68883, referred to as "BENEFICIARY ". The parties recite that: A. Beneficiary is the owner and holder of a certain Note dated October 27, 2001 secured by a Deed of Trust of even date recorded in the original sum of $120,000.00 in the Office of the Register of Deeds, Hall County, Nebraska, as Document No. 200111203 recorded on November 2, 2002. B. The principal sum owinq on the Note and the Deed of Trust is $120.000.00. C. The parties hereto desire to modify the terms of the stated Note and Deed of Trust to include a provision for advances or readvances of $30,000.00 and Beneficiary now intends to make that advance or readvance. For the reasons set forth above and in consideration of the mutual convenants and promises of the parties, Trustor and Beneficiary convenant and agree as follows: 1. FUTURE OBLIGATIONS AND ADVANCES. In addition to the unpaid balance of $120,000.00 now owing on the original Note or above mentioned obligation, the above stated Deed of Trust shall also secure all further loans or indebtedness owed or to be owed by Trustor to Beneficiary. It is stipulated that the maximum amount of additional indebtedness that under any contingency may be secured by the Beneficiary at any time in the future by reason of this agreement shall be $150,000.00. The making of such further or future advances or readvances shall be at Beneficiary's options. The advances or readvances may be made under the provisions hereof to the present Trustor, 2. PRESENT ADVANCE BY BENEFICIARY. Beneficiary, pursuant to the provisions of the Note and Deed of Trust as herein modified, advances or readvances the sum of $150,000.00 on the Deed of Trust raising the amount now unpaid thereon to the total principal sum of $150,000.00 which total sum does not exceed the original amount of the Deed of Trust as herein modified. 3. PAYMENT BY TRUSTOR. In consideration of such advance or readvance, receipt of which is acknowledged, Trustor, jointly and severally, hereby covenants to repay the total principal sum of $150,000.00 now owing on the Deed of Trust pursuant to the terms of the Note which is also modified to provide for payment of principal and interest on the amount due pursuant to the terms of said Note. 2 D rn �r n 2 ilk .ra DEED OF TRUST MODIFICATION AGREEMENT' THIS AGREEMENT made on July Lam, 2002, between DAVID E. LOEFFLER _ h and SHARMOND R. LOEFFLER, husband and wife, jointly and severally, 14570 South 190th Road, Wood River, Nebraska 68883, referred to as "TRUSTOR "; and HERITAGE BANK, 110 East 9th Street, P. O. Box 487, Wood River, Nebraska 68883, referred to as "BENEFICIARY ". The parties recite that: A. Beneficiary is the owner and holder of a certain Note dated October 27, 2001 secured by a Deed of Trust of even date recorded in the original sum of $120,000.00 in the Office of the Register of Deeds, Hall County, Nebraska, as Document No. 200111203 recorded on November 2, 2002. B. The principal sum owinq on the Note and the Deed of Trust is $120.000.00. C. The parties hereto desire to modify the terms of the stated Note and Deed of Trust to include a provision for advances or readvances of $30,000.00 and Beneficiary now intends to make that advance or readvance. For the reasons set forth above and in consideration of the mutual convenants and promises of the parties, Trustor and Beneficiary convenant and agree as follows: 1. FUTURE OBLIGATIONS AND ADVANCES. In addition to the unpaid balance of $120,000.00 now owing on the original Note or above mentioned obligation, the above stated Deed of Trust shall also secure all further loans or indebtedness owed or to be owed by Trustor to Beneficiary. It is stipulated that the maximum amount of additional indebtedness that under any contingency may be secured by the Beneficiary at any time in the future by reason of this agreement shall be $150,000.00. The making of such further or future advances or readvances shall be at Beneficiary's options. The advances or readvances may be made under the provisions hereof to the present Trustor, 2. PRESENT ADVANCE BY BENEFICIARY. Beneficiary, pursuant to the provisions of the Note and Deed of Trust as herein modified, advances or readvances the sum of $150,000.00 on the Deed of Trust raising the amount now unpaid thereon to the total principal sum of $150,000.00 which total sum does not exceed the original amount of the Deed of Trust as herein modified. 3. PAYMENT BY TRUSTOR. In consideration of such advance or readvance, receipt of which is acknowledged, Trustor, jointly and severally, hereby covenants to repay the total principal sum of $150,000.00 now owing on the Deed of Trust pursuant to the terms of the Note which is also modified to provide for payment of principal and interest on the amount due pursuant to the terms of said Note. � N � CJ 1 j ;Z: DEED OF TRUST MODIFICATION AGREEMENT' THIS AGREEMENT made on July Lam, 2002, between DAVID E. LOEFFLER _ h and SHARMOND R. LOEFFLER, husband and wife, jointly and severally, 14570 South 190th Road, Wood River, Nebraska 68883, referred to as "TRUSTOR "; and HERITAGE BANK, 110 East 9th Street, P. O. Box 487, Wood River, Nebraska 68883, referred to as "BENEFICIARY ". The parties recite that: A. Beneficiary is the owner and holder of a certain Note dated October 27, 2001 secured by a Deed of Trust of even date recorded in the original sum of $120,000.00 in the Office of the Register of Deeds, Hall County, Nebraska, as Document No. 200111203 recorded on November 2, 2002. B. The principal sum owinq on the Note and the Deed of Trust is $120.000.00. C. The parties hereto desire to modify the terms of the stated Note and Deed of Trust to include a provision for advances or readvances of $30,000.00 and Beneficiary now intends to make that advance or readvance. For the reasons set forth above and in consideration of the mutual convenants and promises of the parties, Trustor and Beneficiary convenant and agree as follows: 1. FUTURE OBLIGATIONS AND ADVANCES. In addition to the unpaid balance of $120,000.00 now owing on the original Note or above mentioned obligation, the above stated Deed of Trust shall also secure all further loans or indebtedness owed or to be owed by Trustor to Beneficiary. It is stipulated that the maximum amount of additional indebtedness that under any contingency may be secured by the Beneficiary at any time in the future by reason of this agreement shall be $150,000.00. The making of such further or future advances or readvances shall be at Beneficiary's options. The advances or readvances may be made under the provisions hereof to the present Trustor, 2. PRESENT ADVANCE BY BENEFICIARY. Beneficiary, pursuant to the provisions of the Note and Deed of Trust as herein modified, advances or readvances the sum of $150,000.00 on the Deed of Trust raising the amount now unpaid thereon to the total principal sum of $150,000.00 which total sum does not exceed the original amount of the Deed of Trust as herein modified. 3. PAYMENT BY TRUSTOR. In consideration of such advance or readvance, receipt of which is acknowledged, Trustor, jointly and severally, hereby covenants to repay the total principal sum of $150,000.00 now owing on the Deed of Trust pursuant to the terms of the Note which is also modified to provide for payment of principal and interest on the amount due pursuant to the terms of said Note.