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<br /> <br /> p <br /> :- :lO n ~ <br /> m ~ => <"' (J) <br />N "'" c= <br />CSl c ~l. <;;r.J 0-; <br />CSl Qn5 :r :3 el:>- <br />m ;; r' ;;;:::-1 <br />CSl = -;1Tl <br /> -c;:; <br />~ m>~ o - -<0 <br />c..v 0(1"1 ~ ........ 0-" <br /><D 0 <br /> ;:JIII;;~ ""T1 co -"z <br />c..v r <br /> CJ ::z: rTl <br /> m -0 )> m <br /> m ::3 r ;:0 <br /> 0 ,)> <br /> (/l (J) <br /> w ;:><; <br /> )> <br /> c::> -- <br /> U1 (fJ <br /> (J) <br /> <br /> <br /> <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br /> <br />THIS MORTGAGE/DEED OF TRUST MODIFICAfION AGREEMENT made and <br />executed this ~ of MAY, 2006, by and bctween LARSON CONSTRUCTION, INC. , <br />hereinafter referred to as "Borrower", and HOME FEDERAL SAVINGS AND LOAN <br />ASSOCIA TION OF GRAND ISLAND, hereinafter referred to as "lender", <br /> <br />WITNESSETH: <br /> <br />WHEREAS, Borrower did execute a certain Deed of Trust dated APRIL 29, 2005, filed <br />of record in the OFFICE OF THE HALL COUNTY REGISI'ER OF DEEDS on MA Y 2, 2005 <br />as INSTRUMENT # 0200503961 in respect to that real estate described as: <br /> <br />LOT TWENTY SIX (26), GRAND WEST THIRD SUBDIVISION IN THE CITY OF GRAND <br />ISLAND, IIALL COUNTY, NEBRASKA <br /> <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 /> <br />WHEREAS, Borrower has requested that Lender make an additional advance to be <br />secured by such existing Deed of Trust; <br /> <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 /> <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 /> <br />NOW, THEREFORE, it is agreed: <br /> <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 />accordffilce with the following provision which shall hereafter be deemed to be a part of such <br />Deed of Trust: <br /> <br />Future Advances. Upon request of Borrower, Lender may, at its option, make additional <br />ffild 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 $170,000.00, whichever is greater. <br /> <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 /> <br /><=> gl <br />N [ <br /><=> <br />C) ~ <br />en <br /> - <br />C) :::J <br />...c f <br />(..) <br />CD <br />W <br /> ~ <br />_""'N"'_ <br />G~ <br />