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EXTENSION AGREEMENT <br />This EXTENSION AGREEMENT made and executed this 19"' day of August, 2005, by and <br />between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, <br />hereinafter referred to as "Lender ", and <br />James P. Masat and Carolyn. A. Masat, husband and wife and Stella M. Levea, a single person <br />hereinafter referred to as "Borrower ". <br />WITNESSETII: <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 TI IREE (3), COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION IN THE <br />CITY OF GRAND ISLAND, HALL, COUNTY NEBRASKA, AND THE EAST FIFTY <br />FEET (E 50') OF LOT TWO (2) AND THE NORTHEAST 62.65 FEET OF LOT FOUR (4), <br />COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION, IN THE CITY OF <br />GRAND ISLAND, MALL COUNTY, NEBRASKA, TOGETHER WITH 'THF, TRACT OF' <br />LAND DESCRIBED AS FOLLOWS: THAT PART OF FRONTAGE ROAD IN <br />COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION, VACATED BY <br />ORDINANCE NO. 6450, MORE PARTICULARLY DESCRIBED AS THAT PART OF <br />FRONTAGF, ROAD ABUTTING UPON 'TI IF EAST 50 FEET, OF 15.240 METERS, OF <br />LOT 2 AND ALL OF LOT 3, COMMERCIAL INDUSTRIAL PARK SECOND <br />SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />which Deed of Trust /Mortgage was dated. June 23, 1999, and filed for record on .tune 24, 1999, In the <br />office of the HALL, COUNTY REGISTER OF DEEDS OF HALL COUNTY, NEBRASKA as <br />Instrument No. 99- 106352 <br />WHEREAS, such Deed of Trust /Mortgage had a stated maturity date of July 5 2000. <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 DAT-L : —The stated maturity of4he above - described Deed of Trust /Mortgage <br />is hereby extended to August 5, 2015. <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 />Decd 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 />c:) <br />r\? <br />c <br />CZ) <br />co <br />Q <br />Jam. <br />-�, <br />ov <br />= <br />a <br />m <br />CA <br />,. a <br />- <br />m <br />rn <br />CA <br />• <br />rn <br />rQ <br />(D- <br />W <br />G <br />4) <br />m <br />c� ' Vr <br />ZD <br />' •, <br />�= <br />r <br />r <br />CED <br />EXTENSION AGREEMENT <br />This EXTENSION AGREEMENT made and executed this 19"' day of August, 2005, by and <br />between HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, <br />hereinafter referred to as "Lender ", and <br />James P. Masat and Carolyn. A. Masat, husband and wife and Stella M. Levea, a single person <br />hereinafter referred to as "Borrower ". <br />WITNESSETII: <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 TI IREE (3), COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION IN THE <br />CITY OF GRAND ISLAND, HALL, COUNTY NEBRASKA, AND THE EAST FIFTY <br />FEET (E 50') OF LOT TWO (2) AND THE NORTHEAST 62.65 FEET OF LOT FOUR (4), <br />COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION, IN THE CITY OF <br />GRAND ISLAND, MALL COUNTY, NEBRASKA, TOGETHER WITH 'THF, TRACT OF' <br />LAND DESCRIBED AS FOLLOWS: THAT PART OF FRONTAGE ROAD IN <br />COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION, VACATED BY <br />ORDINANCE NO. 6450, MORE PARTICULARLY DESCRIBED AS THAT PART OF <br />FRONTAGF, ROAD ABUTTING UPON 'TI IF EAST 50 FEET, OF 15.240 METERS, OF <br />LOT 2 AND ALL OF LOT 3, COMMERCIAL INDUSTRIAL PARK SECOND <br />SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />which Deed of Trust /Mortgage was dated. June 23, 1999, and filed for record on .tune 24, 1999, In the <br />office of the HALL, COUNTY REGISTER OF DEEDS OF HALL COUNTY, NEBRASKA as <br />Instrument No. 99- 106352 <br />WHEREAS, such Deed of Trust /Mortgage had a stated maturity date of July 5 2000. <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 DAT-L : —The stated maturity of4he above - described Deed of Trust /Mortgage <br />is hereby extended to August 5, 2015. <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 />Decd 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 />c:) <br />r\? <br />c <br />CZ) <br />co <br />Q <br />Jam. <br />