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<br />...~ ~ .... . <br /> <br />200710522 <br /> <br />ACKNOWLEDGMENT. CONSENT AND WAIVER OF GUARANTORS <br /> <br />The undersigned hereby acknowledge receipt of a copy of the foregoing Loan Modification <br />Agreement dated December 14,2007, and consent to the modification of the Deed of Trust, and the other <br />terms hereof. Further the undersigned reaffirm the terms and conditions of their Continuing Guaranty <br />agreement as executed in connection with that Note Secured by Construction Security Agreement dated <br />November 18, 2004 as replaced by that Replacement Note Secured by Construction Security Agreement <br />dated December 14, 2007 and that Construction Security Agreement/Deed of Trust with Assignment of <br />Rents and Security Agreement dated November 18, 2004 ("Deed of Trust") and agree to be bound <br />thereby as to the indebtedness thereunder or hereunder and hereby w" nd release any and all claims <br />and defenses we might otherwise have as to our liability thereun er arising-.ex..:eason of this Loan <br />Modification Agreement or any act or omission occurring prior to the date herd <br /> <br /> <br />Michael D. Raasch <br /> <br />(Pial'LL /{" I&a,~ic <br /> <br />Diane K. Raasch <br /> <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF LANCASTER ) <br /> <br />\. .~\ <br />The foregoing instrument was acknowledged before me this \ \{ day of December, 2007, by <br />Michael D. Raasch. <br /> <br />J:ERAL NOTARY" or Nebraska <br />KURT GROSSHANS <br />. ..",_ . My COnlin. Exp. Aug. 27, 2010 <br /> <br />"".-) <br />~~ <br /> <br />Notary Public <br /> <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF LANCASTER ) <br /> <br />The foregoing instrument was acknowledged before me this <br />Diane K. Raasch. <br /> <br />\ \i 11- <br />\. day of December, 2007, by <br /> <br />J;ENERAL NOTARY.State of Nebraska <br />KURT GROSSHANS <br />. .. . . My Comm. Exp. Aug. 27, 2010 <br /> <br />~. <br /> <br />Notary Public <br /> <br />LoanDocs 2007/Equestrian Mod.doc/cmj <br /> <br />4 <br />