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<br />EXTENSION AGREEMENT
<br />THIS EXTENSION AGREEMENT made and executed this 25th day of May ,
<br />2005 , by and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />GRAND ISLAND, hereinafter referred to as "Lender ", and Daniel L. Welch, unmarried,
<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 />A PIECE OR PARCEL OF LAND SITUATED IN THE NORTHEAST QUARTER
<br />(NE1 /4) OF SECTION TWENTY ONE (21), TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT
<br />SIXTY (60) FEET DUE NORTH OF THE NORTHEAST CORNER OF LOT ONE (1),
<br />OF WILLIAM FRANK ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA
<br />THENCE RUNNING DUE NORTH ON A LINE THIRTY -THREE (33) FEET WEST
<br />OF THE CENTER LINE OF SOUTH LOCUST STREET IN SAID CITY FOR A
<br />DISTANCE OF ONE HUNDRED (100) FEET; THENCE RUNNING DUE WEST AT
<br />RIGHT ANGLES WITH SAID LOCUST STREET FOR A DISTANCE OF EIGH.TY -
<br />FIVE (85) FEET; THENCE RUNNIN DUE SOUTH PARALLEL WITH SAID SOUTH
<br />LOCUST STREET FOR A DISTANCE OF ONE HUNDRED (100) FEET; THENCE
<br />RUNNING DUE EAST FOR A DISTANCE OF EIGHTY FIVE (85) FEET TO THE
<br />PLACE OF BEGINNING, EXCEPTING A CERTAIN TRACT OWNED BY THE CITY
<br />OF GRAND ISLAND, STAET OF NEBRAKSA AS SHOWN IN RETURN OF
<br />APPRAISERS RECORDED IN BOOK 22, PAGE 9.
<br />which Deed of Trust /Mortgage was dated July 25, 1997 , and filed for record on
<br />July 31, 1997 in the office of the Register of Deeds of Hall County, Nebraska, as
<br />Document No. 97- 106138 :
<br />WHEREAS, such Deed of Trust /Mortgage had a stated maturity date of July 1 2009:
<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 MU 1, 2010 .
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<br />THIS EXTENSION AGREEMENT made and executed this 25th day of May ,
<br />2005 , by and between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />GRAND ISLAND, hereinafter referred to as "Lender ", and Daniel L. Welch, unmarried,
<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 />A PIECE OR PARCEL OF LAND SITUATED IN THE NORTHEAST QUARTER
<br />(NE1 /4) OF SECTION TWENTY ONE (21), TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT
<br />SIXTY (60) FEET DUE NORTH OF THE NORTHEAST CORNER OF LOT ONE (1),
<br />OF WILLIAM FRANK ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA
<br />THENCE RUNNING DUE NORTH ON A LINE THIRTY -THREE (33) FEET WEST
<br />OF THE CENTER LINE OF SOUTH LOCUST STREET IN SAID CITY FOR A
<br />DISTANCE OF ONE HUNDRED (100) FEET; THENCE RUNNING DUE WEST AT
<br />RIGHT ANGLES WITH SAID LOCUST STREET FOR A DISTANCE OF EIGH.TY -
<br />FIVE (85) FEET; THENCE RUNNIN DUE SOUTH PARALLEL WITH SAID SOUTH
<br />LOCUST STREET FOR A DISTANCE OF ONE HUNDRED (100) FEET; THENCE
<br />RUNNING DUE EAST FOR A DISTANCE OF EIGHTY FIVE (85) FEET TO THE
<br />PLACE OF BEGINNING, EXCEPTING A CERTAIN TRACT OWNED BY THE CITY
<br />OF GRAND ISLAND, STAET OF NEBRAKSA AS SHOWN IN RETURN OF
<br />APPRAISERS RECORDED IN BOOK 22, PAGE 9.
<br />which Deed of Trust /Mortgage was dated July 25, 1997 , and filed for record on
<br />July 31, 1997 in the office of the Register of Deeds of Hall County, Nebraska, as
<br />Document No. 97- 106138 :
<br />WHEREAS, such Deed of Trust /Mortgage had a stated maturity date of July 1 2009:
<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 MU 1, 2010 .
<br />,-"a _S6
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