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<br />
<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this ~of AUGUST. 2007, by and between JEFFREY R GAREY. A SINGLE
<br />PERSON hereinafter referred to as "Borrower", and HOME FEDERAL SAVINGS AND
<br />LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "lender",
<br />
<br />/D
<br />/0,7
<br />
<br />WITNESSETH:
<br />
<br />WHEREAS, Borrower did execute a certain Deed of Trust dated JUL Y 18. 2003. filed of
<br />record on JULY 18.2003 in the HALL COUNTY REGISTER OF DEED'S OFFICE OF HALL
<br />COUNTY, NEBRASKA in DOCUMENT #0200309217 described as:
<br />
<br />LOT FOUR (4), HAVING A LAKE FRONT FOOTAGE OF 50 FEET, SITUATED ON THE
<br />EAST SIDE OF THE EAST PORTION OF KUESTER LAKE, AND BEING ON A PART OF
<br />THE EAST HALF OF THE SOUTWEST QUARTER (El/2SWl/4), IN SECTION THIRTEEN
<br />{l3),TOWNSffiP ELEVEN (II) NORTH, RANGE NINE (9), WEST OF THE 6111 P.M., HALL
<br />COUNTY, NEBRASKA.
<br />
<br />~~i~'~'~.~~_.~Ill"~~ ."'. ":.,,......r,~:;::li~J'i""~~ :':~..:.:l.,;;.::..:"~'1"".~I:~,:, ".;.~-,:""..~I'l:...~~'\'<:~:,:,:....,,~"~t!,~-I-:-':;;.,.~~~~:;~,~_~"':."''1'' j(1,:....'.::;,-:".~."'",.;i~
<br />:,"_,,,...~-:- "':.",.:'~~";~~
<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. 'Promand <ifterthedate of the-execution
<br />of this Deed of Trust Modification Agreement, the indebtedness secured by the
<br />Deed of Trust described hereinabove shall secure advances made concurrently
<br />herewith and future advances in accordance with the following provision which
<br />shall hereafter be deemed to be a part of such Deed of Trust:
<br />
<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 $117.342.70 whichever is greater.
<br />
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