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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 />M <br />n <br />n <br />M <br />w -- <br /><. <br />co <br />M <br />CJi <br />ar <br />r ITI <br />C-1 <br />cn <br />� <br />� <br />Cil <br />EXTENSION <br />AGREEMENT <br />p <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 />