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<br />ReL- OWv-' Jl a.t-Iut
<br />WHEN RECORDED MI!IL TO:1f
<br />Five Points Bank jJ 0 /k;)c /S 67
<br />West Branch
<br />2009 N. Diers Ave. z-
<br />Grand Island, NE 68803.
<br />
<br />/(/1 S'O
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />MODIFICATION OF DEED OF TRUST
<br />
<br />THIS MODIFICATION OF DEED OF TRUST dated February 27, 2008, is made and executed between MICHAEL
<br />
<br />J WATSON; A SINGLE PERSON ("Trustor") and Five Points Bank, whose address is West Branch, 2009 N.
<br />
<br />Diers Ave., Grand Island, NE 68803 ("lender").
<br />
<br />DEED OF TRUST. Lender and Trustor have entered into a Deed of Trust dated April 9, 2007 (the" Deed of Trust") which has been recorded
<br />in Hall County, State of Nebraska, as follows:
<br />
<br />Entered as Instrument No. 0200703029 on April 16. 2007 in the Hall County Register of Deed's Office, Grand Island. Nebraska.
<br />
<br />REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property located in Hall County, State of Nebraska:
<br />
<br />Lot Three (3), Block Six (6), in Morris Fourth Addition to the City of Grand Island, Hall County, Nebraska.
<br />
<br />The Real Property or its address is commonly known as 311 E 20th St, Grand Island, NE 68801-2490. The Real Property tax
<br />identification number is 400064928.
<br />
<br />MODIFICATION. Lender and Trustor hereby modify the Deed of Trust as follows:
<br />
<br />Increase Principal amount to $40,085,50 and extend maturity date to March 27, 2018.
<br />
<br />CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed of Trust shall remain unchanged and in full
<br />force and effect. Consent by Lender to this Modification does not waive Lender's right to require strict performance of the Deed of Trust
<br />as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall constitute a satisfaction of the
<br />promissory note or other credit agreement secured by the Deed of Trust (the "Note"). It is the intention of Lender to retain as liable all
<br />parties to the Deed of Trust and all parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly
<br />released by Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this
<br />Modification. If any person who signed the original Deed of Trust does not sign this Modification, then all persons signing below
<br />acknowledge that this Modification is given conditionally, based on the representation to Lender that the non-signing person consents to
<br />the changes and provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial extension
<br />or modification, but also to all such subsequent actions.
<br />
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF DEED OF TRUST AND TRUSTOR AGREES
<br />TO ITS TERMS. THIS MODIFICATION OF DEED OF TRUST IS DATED FEBRUARY 27, 2008.
<br />
<br />TRUSTOR:
<br />
<br />x7iA/f ~.! jj)4~
<br />MICHAEL J ATSON
<br />
<br />LENDER:
<br />
<br />FIVE POINTS BANK
<br />
<br />
<br />\'.~~
<br />
|