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THIS Agreement is made as of this 24th of September, 2002, by and between FIVE POINTS BANK,
<br />whose mailing address is P.O. Box 1507, Grand Island, Nebraska 68802 -1507 (hereinafter "Lender"), the
<br />owner and holder of the certain Lease for $225,000.00 dated March 19, 1997 given by Thomas E. Babel and
<br />Koanne P. Babel, Husband and Wife, (hereafter "Borrowers ") and secured by the certain Deed of Trust of
<br />the certain real estate therein described, situated, lying and being in Hall County, Nebraska, and more
<br />particularly described as follows, to -wit:
<br />Lot Five (5), in Riverine Subdivision, an Addition to the City of Wood River, Hall County, Nebraska.
<br />which said Deed of Trust is dated the 19th day of March, 1997, wherein Five Points Bank is Beneficiary, and
<br />recorded in the Office of the Register of Deeds of Hall County, Nebraska, as Document #97- 102059 on the
<br />19th day of March 1997:
<br />WITNESSETH, that said parties, for themselves and their heirs, executors, administrators and
<br />assigns, hereby mutually agree that the time for the payment of the principal and interest on said Lease dated
<br />March 19, 1997, shall be as follows:
<br />A new Lease #122 dated September 24, 2002 with a principal amount of $225,000.00 and
<br />repayment as set out on said Lease #122 with a final payment of remaining principal and interest due
<br />September 24, 2009.
<br />The Borrowers hereby further ratify and confirm all of the terms and conditions contained in the
<br />Deed of Trust of Borrowers to Lender dated March 19, 1997 as referred to above and said Borrowers will in
<br />all respects faithfully comply and perform all the covenants and promises in the aforesaid Deed of Trust.
<br />It is expressly understood and agreed that the aforesaid Deed of Trust shall remain in full force and
<br />effect in all respects and that nothing herein shall affect of impair any rights and powers which the Lender
<br />may have thereunder for the recovery of the said debts secured by said Deed of Trust, with interest, in case
<br />of the non - fulfillment of this Agreement.
<br />And the said Borrowers hereby covenant that they will pay the said principal sum and interest as
<br />provided by the Lease referred to above at the times therein specified and that they will perform and observe
<br />all of the covenants, agreements, stipulations and conditions on the part of the Borrowers contained in said
<br />Deed of Trust in all respects.
<br />IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first
<br />above written.
<br />`! K
<br />Borrower (Thomas E. Babel)
<br />FIVE POINTS BANK, Lender,
<br />B
<br />y Jody L. Eperhardt
<br />Vice President
<br />4BOrromwer ( Koanne P. Babel)
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<br />EXTENSION AGREEMENT FOR DEED
<br />OF TRUST
<br />0
<br />THIS Agreement is made as of this 24th of September, 2002, by and between FIVE POINTS BANK,
<br />whose mailing address is P.O. Box 1507, Grand Island, Nebraska 68802 -1507 (hereinafter "Lender"), the
<br />owner and holder of the certain Lease for $225,000.00 dated March 19, 1997 given by Thomas E. Babel and
<br />Koanne P. Babel, Husband and Wife, (hereafter "Borrowers ") and secured by the certain Deed of Trust of
<br />the certain real estate therein described, situated, lying and being in Hall County, Nebraska, and more
<br />particularly described as follows, to -wit:
<br />Lot Five (5), in Riverine Subdivision, an Addition to the City of Wood River, Hall County, Nebraska.
<br />which said Deed of Trust is dated the 19th day of March, 1997, wherein Five Points Bank is Beneficiary, and
<br />recorded in the Office of the Register of Deeds of Hall County, Nebraska, as Document #97- 102059 on the
<br />19th day of March 1997:
<br />WITNESSETH, that said parties, for themselves and their heirs, executors, administrators and
<br />assigns, hereby mutually agree that the time for the payment of the principal and interest on said Lease dated
<br />March 19, 1997, shall be as follows:
<br />A new Lease #122 dated September 24, 2002 with a principal amount of $225,000.00 and
<br />repayment as set out on said Lease #122 with a final payment of remaining principal and interest due
<br />September 24, 2009.
<br />The Borrowers hereby further ratify and confirm all of the terms and conditions contained in the
<br />Deed of Trust of Borrowers to Lender dated March 19, 1997 as referred to above and said Borrowers will in
<br />all respects faithfully comply and perform all the covenants and promises in the aforesaid Deed of Trust.
<br />It is expressly understood and agreed that the aforesaid Deed of Trust shall remain in full force and
<br />effect in all respects and that nothing herein shall affect of impair any rights and powers which the Lender
<br />may have thereunder for the recovery of the said debts secured by said Deed of Trust, with interest, in case
<br />of the non - fulfillment of this Agreement.
<br />And the said Borrowers hereby covenant that they will pay the said principal sum and interest as
<br />provided by the Lease referred to above at the times therein specified and that they will perform and observe
<br />all of the covenants, agreements, stipulations and conditions on the part of the Borrowers contained in said
<br />Deed of Trust in all respects.
<br />IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first
<br />above written.
<br />`! K
<br />Borrower (Thomas E. Babel)
<br />FIVE POINTS BANK, Lender,
<br />B
<br />y Jody L. Eperhardt
<br />Vice President
<br />4BOrromwer ( Koanne P. Babel)
<br />
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