|
<br />88- 10377&
<br />
<br />YDIFICATION & EXTENSION AGREEMENT
<br />
<br />GARY A. FI'ICH, whether one or roore, herein called the Trustor, and
<br />Arend Baack, Attorney at Law, hereinafter referred to as Trustee, and the
<br />OVerland National Bank of Grand Island, Grand Island, Nebraska, hereinafter
<br />referred to as Beneficiary, hereby agree as follows:
<br />
<br />1. Trustor bas executed and delivered to Trustee a Deed of Trust dated
<br />June 2, 1987, and recorded on June 18, 1987 as Docunent No. 87-103621 in the
<br />office of the Register of Deeds, Hall County, Nebraska, in consideration of a
<br />certain Deed of Tn1st note for $26,000.00, a valid subsisting obligation of
<br />tbe Trustor, and pasmef'~ of the ranainder of the principal and accrued
<br />interest thereon shall be due according to the terms of the aforenEntioned
<br />Deed of Trust, IIIXlified and payuble in the following manner:
<br />
<br />A Deed uf Trust nutt= dat~ JWll:! 2, 1987, un Mlich a principal
<br />balance of $26,000.00 now ranains unpaid, will be due on
<br />SeptattJer 30, 1988, at \\ihich t:lme the remaining unpaid principal
<br />balance and accrued interest will be fully due and payable.
<br />
<br />Interest will accrue frun July 8, 1988 at Overland National Bank
<br />Reference Rate as established from time to time, with the initial
<br />rate being 12.00% per annUlI effective July 8, 1988. There is a
<br />ceiling of 15.75%.
<br />
<br />2. All other terms and 0Ondition~ ~ntained in the original Deed of Trust
<br />dated June 2, 1987, sha.ll remain the Sl1IlIl:!, and this Modification Agreenent is
<br />lTlUie a part of the original Deed of Trust by reference and shall inure to all
<br />successors and assigns and thei.r heirfl.
<br />
<br />Dated this 8th day of July, 1988.
<br />
<br />/ $!g'
<br />. " 'I
<br />
<br />
<br />~~i'Fff . '. . -
<br />
<br />1lU:. uVr1J.;;\Nu .NA'flOML liANK ul" LilU\Nl) 1::iLANl)
<br />/j".,,' /'") 1'/
<br />/7 '. . )
<br />By: .-' .:2..l..r 1.t'~.7YJ?:'-" !_j JI
<br />Gail Bnmnund, ice President
<br />
<br />srATE OF NF.ERASKA)
<br />) H..'j :
<br />axNl'Y OF IIAIL )
<br />
<br />Uefore u.-J, 11 notary public qualified for said county, personally Clllllt'
<br />GIlry A. Fitch, known to me to 00 the identical person who !'iigned the foregoing
<br />.~tn.rent and llcknowledged the execution thereof to be his voluntary act and
<br />deed .
<br />
<br />nsfi~1ari'J
<br />".........
<br />
<br />seal on July 8,- 1988.
<br />/I}' j /;/
<br />/,,1 I.{' /. f,//???77'f'
<br />Notary Public
<br />
<br />.//)
<br />
<br />,/._a....
<br />
<br />STAn: OF NFllRASKA)
<br />) S~:
<br />CUJNrY m' HAlL )
<br />
<br />Before 100, a notary public qualified for said ~unty, personlllly crune
<br />Gail Bn.lllllJnd, known to 100 to be the identical pernfJll II'ho !'iigned the foregoing
<br />Jnstrunent lUId acknowledged the eXl:!<:ution thert!Of to bf~ his voluntary ad nnd
<br />dt!ed Wld the volwltary act and deed as an officer lIf Haid corporntion.
<br />
<br />Wi trJl:!1ill3 my hand and notarial seal
<br />
<br />
<br />on July 8, 1988,
<br />
<br />_/ '~I ~
<br />'~()-1~-, J-' Q.(,~.lClC ,...-'
<br />__..i....L..J.:..:___ - __ .__.___.
<br />No\.(u'y PuhllC
<br />
<br />/lECORDf.A8 MDD /~. /
<br />
<br />"Ill./
<br />
<br />..' .
<br />.., 'j"
<br />
<br />~...
<br />
<br />IlI'S, of De<1<l'
<br />
|