This EXTENSION AGREEMENT made and executed this 13"' day of April, 2005, by and r
<br />between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Lender ", and
<br />R. S. Wheel, L.L.C. , a Nebraska Limited Liability Company
<br />hereinafter referred to as "Borrower ".
<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 />Lot One (1), Valentine Motel Subdivison, in the City of Grand Island, Hall County, Nebraska
<br />which Deed of Trust/Mortgage was dated July 15, 2004, and filed for record on July 16, 2004,
<br />in the office of the HALL COUNTY REGISTER OF DEEDS OF HALL COUNTY, NEBRASKA
<br />as Instrument Number 0200407037
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of March 26, 2005,
<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 give
<br />notice in accord with NEB. REV. STAT, SS 76 -239 of the continued effectiveness of the Deed of
<br />Trust /Mortgage above described in the following respects:
<br />1. MATURITY DATE. The stated maturity of the above - described Deed of Trust/Mortgage
<br />is hereby extended to March 26, 2008.
<br />2. CONTINUED EFFECTIVENESS. Except as specifically modified by this Extension
<br />Agreement, all other terms, covenants and conditions contained in the above- described
<br />Deed of Trust /Mortgage shall remain in full force and effect as security for the remaining
<br />indebtedness concurrently herewith extended.
<br />IN WITNESS WHEREOF, the undersigned have executed this Extension Agreement on the
<br />date first noted above.-
<br />HOME FEDERAL SAVINGS AND LOAN
<br />ASSO OF GRAND ISLAND
<br />By: Steve Kunzman, ice President/Lending
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<br />EXTENSION
<br />AGREEMENT
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<br />This EXTENSION AGREEMENT made and executed this 13"' day of April, 2005, by and r
<br />between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,
<br />hereinafter referred to as "Lender ", and
<br />R. S. Wheel, L.L.C. , a Nebraska Limited Liability Company
<br />hereinafter referred to as "Borrower ".
<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 />Lot One (1), Valentine Motel Subdivison, in the City of Grand Island, Hall County, Nebraska
<br />which Deed of Trust/Mortgage was dated July 15, 2004, and filed for record on July 16, 2004,
<br />in the office of the HALL COUNTY REGISTER OF DEEDS OF HALL COUNTY, NEBRASKA
<br />as Instrument Number 0200407037
<br />WHEREAS, such Deed of Trust/Mortgage had a stated maturity date of March 26, 2005,
<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 give
<br />notice in accord with NEB. REV. STAT, SS 76 -239 of the continued effectiveness of the Deed of
<br />Trust /Mortgage above described in the following respects:
<br />1. MATURITY DATE. The stated maturity of the above - described Deed of Trust/Mortgage
<br />is hereby extended to March 26, 2008.
<br />2. CONTINUED EFFECTIVENESS. Except as specifically modified by this Extension
<br />Agreement, all other terms, covenants and conditions contained in the above- described
<br />Deed of Trust /Mortgage shall remain in full force and effect as security for the remaining
<br />indebtedness concurrently herewith extended.
<br />IN WITNESS WHEREOF, the undersigned have executed this Extension Agreement on the
<br />date first noted above.-
<br />HOME FEDERAL SAVINGS AND LOAN
<br />ASSO OF GRAND ISLAND
<br />By: Steve Kunzman, ice President/Lending
<br />
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