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200312518
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Last modified
10/16/2011 6:40:32 AM
Creation date
10/28/2005 3:28:38 PM
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DEEDS
Inst Number
200312518
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v � <br />� nn _o <br />C> C/) <br />C D �, L C D N CAD <br />C> r� M '`L r ri Z M CD <br />rn D .��'. ; -� o =- <br />� ' ° o <br />rd N W o CD o <br />� ca z rn w <br />i �l• � � t � r D N �- <br />javl cn cn <br />D ~CD <br />cr) co <br />cn z <br />O <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and <br />executed this 1Z, of SEPTEMBER' 2003 ' by and between LONNIE L LOGAN AND <br />CATHY A LOGAN, HUSBAND AND , hereinafter referred to as `Borrower ", and <br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, <br />hereinafter referred to as "lender ", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain Deed of Trust dated NOVEMBER 20, 2002, <br />filed of record in the OFFICE OF THE HALL COUNTY REGISTER OF DEEDS on _ <br />NOVEMBER 20, 2002 as DOCUMENT # 0200212901 <br />SEE ATTACHED <br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future advances <br />to be secured by such Deed of Trust; <br />WHEREAS, Borrower has requested that Lender make an additional advance to be <br />secured by such existing Deed of Trust; <br />WHEREAS, Lender is willing to make an additional advance to be secured by such Deed <br />of Trust provided there shall have been no filings of record subsequent to the date of the <br />recording of that Deed of Trust hereinabove identified; <br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust <br />identified hereinabove to provide that it shall continue to secure the presently remaining <br />indebtedness and the additional advance and future advances from and after the date hereinafter <br />specified; <br />NOW, THEREFORE, it is agreed: <br />1. Incorporation of Future Advance Rights. From and after the date of the execution <br />of this Deed of Trust Modification Agreement, the indebtedness secured by the Deed of Trust <br />described hereinabove shall secure advances made concurrently herewith and future advances in <br />accordance with the following provision which shall hereafter be deemed to be a part of such <br />Deed of Trust: <br />Future Advances. Upon request of Borrower, Lender may, at its option, make additional <br />and future advances and readvances to Borrower. Such advances and readvances, with <br />interest thereon, shall be secured by this Deed of Trust. At no time shall the principal <br />amount of the indebtedness secured by this Deed of Trust, not including sums advanced <br />to protect the security of this Deed of Trust, exceed the original principal amount stated <br />herein, or $165,000.00, whichever is greater. <br />2. Continuing Effect. Except as specifically modified by this Deed of Trust <br />Agreement, all other terms and provisions of this Deed of Trust hereinabove identified shall <br />remain in full force and effect. <br />
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