200610092 - Laserfiche WebLink

Browse

. ~~ ~~~: ~~ ~ ~~~" ~~~ o",~ ~ ~ ~ ~' ~~ ncn ~:c ,., m .." c: Z o ~ g~ "'(11 n:r '" ',. ,. ~'~:.. . ,: . ',~.) .''''~':~ t;,~:;r.) ~. " .. ""~. "., ::::..1 ~\ '. ~':~':::> r1"i c:::: ~ ) '. '. I---' (~) W --, : r:"-, Ie :n I , ::3 ~"'.; F~ (j) :;''- c..D , (, c:> l"'0 o V', a --, c:: ):c_ -~ -----1 :::':; r': -< c, C) -'] --,-\ ~._- (.0 (fl c::> r'0 o c::> m I---' <=:) <=:) C.D N I ar I i z o N G G en ....... G G c.o N ~ .,-,- i ': 1 1-~ '~:.I r.o, ..',.' r'-' 1.-'- (;) :;<; ):> ----- ----- Space Above This Line For Recording Data MODIFICATION OF DEED OF TRUST Ih()O DATE AND PARTIES. The date of this Real Estate Modification (Modification) is November 3, 2006. The parties and their addresses are: TRUSTOR (Grantor): J.O. ENTERPRISES. INC. A Nebraska Corporation 120 W 4th 5t Grand Island, Nebraska 68801 TRUSTEE: PLATTE VALLEY STATE BANK & TRUST COMPANY a Nebraska Corporation PO Box 51 68 Grand Island. Nebraska 68802 BENEFICIARY (Lender): PLATTE VALLEY STATE BANK &TRUST COMPANY Organized and existing under the laws of Nebraska 810 Allen Drive Grand Island. Nebraska 68803 1. BACKGROUND. Grantor and Lender entered into a security instrument dated October 7, 2005 and recorded on October 14, 2005 (Security Instrument). The Security Instrument was recorded in the records of Hall County. Nebraska at Instrument No.200510200 and covered the following described Property: Parcel 1: The South 1/2 of lot 5, Block 65. Original Town of Grand Island, Hall County, Nebraska Parcel 2: Lot 1. CSG Subdivision. City of Grand Island. Hall County, Nebraska The property is located in Hall County at 205 N Wheeler & 220.222 & 224 W 2nd 120.122,124 W 4th St, Grand Island. Nebraska 68801. 2. MODIFICATION. For value received, Grantor and lender agree to modify the Security Instrument as provided for in this Modification. The Security Instrument is modified as follows: A. Maximum Obligation limit. The maximum obligation provision of the Security Instrument is modified to read: (1) Maximum Obligation Limit. The total principal amount secured by this Security Instrument at anyone time will not exceed $297,477.80. This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect lender's security and to perform any of the covenants contained in this Security Instrument. B. Secured Debt. The secured debt provision of the Security Instrument is modified to read: (1) Secured Debts. The term "Secured Debts" includes and this Security Instrument will secure each of the following: (a) Specific Debts. The following debts and all extensions. renewals, refinancings. modifications and replacements. A promissory note or other agreement, No. 303684-100. dated October 7, 2005, from J.O. Enterprises. Inc., Jacinto Corona and Carmen Corona (Borrower) to lender. with a loan amount of $297,477.80. (b) Sums Advanced. All sums advanced and expenses incurred by lender under the terms of this Security Instrument. 3. WARRANTY OF TITLE. Grantor warrants that Grantor continues to be lawfully seized of the estate conveyed by the Security Instrument and has the right to irrevocably grant. convey and sell the Property to Trustee, in J.o. Enterprises, Inc. Nebraska Real Estate Modification NE/4XX28424000937100005187004110306Y @1996 Bankers Systems, Inc., St. Cloud, MN ~ Initials Page 1