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a 85-- 004205 line of the Union Pacific Railroad Company with the west line of said Northeast Quarter of the Northwest Quarter (NE' NW ;s) ; thence running south along the west line of said Northeast Quarter of the Northwest Quarter (NEkNWI*), a distance of Five Hundred One and Three - Tenths feet (501.31) to a point on the northerly right -of -way line of U.S. Highway No. 30; thence deflecting left 135 005140" and running northeasterly along said highway right -of. -way line a distance of Seven Hundred Thirteen and Eight Hundredths feet (713.081) to a point of curvature; thence running northeasterly along the arc of a Five Thousand Seven Hundred Seventy -Five foot (5,7751) radius curve to the right (initial tangent of which coincides with the last described course), a distance of Two Hundred Twenty and Seventy -Four Hundredths feet (220.741) to a point on the westerly right -of -way line of the county road; thence running northwesterly along said county road right -of -way line a distance of One Hundred Fifty -Seven and Sixty -Nine Hundredths feet (157.691) to a point on said railroad right -of -way line; thence deflecting left 71 °00' and running southwesterly along said railroad right -of -way line a distance of six. Hundred Thirteen and One -Tenth feet (613.1) to the point of beginning and containing 4.817 acres, more or less, subject to encumbrances of record; heretofore granted by Mortgagor to the Mortgagee shall remain in full force and effect and shall in no manner be affected by this Modification and Extension Agreement, except as modified herein, and shall continue as security for the indebtedness extended and modified by this agreement, as well as any future indebtedness owing from the Mortgagor to the Mortgagee for future advances and renewals in respect to all sums owing from Mortgagor to the Mortgagee. 3. Mortgagor further covenants to and with the Mortgagee that it shall, and will, at any time, now or later, upon request, make, do, execute and deliver all such further and other acts required to effectuate the intention of this Modification and Extension Agreement and to insure and confirm to the Mortagee all and singular the property, securities and rights described, and intended to be conveyed as security, so as to render the same, and all portions, whether now owned or later acquired, subject to these terms, provisions and conditions according to the true intent and purposes expressed. 4. The failure of the Mortgagee, at any time, to require the performance by the Mortgagor of any of these terms, covenants and agreements shall, in no way, affect its right to enforce the same; nor the waiver by the Mortgagee of any breach of any term, covenant or agreement shall be taken or held to he a waiver of any succeeding breach or any such term, covenant or agreement, or as a waiver of the term, covenant and agreement itself. -2- U L J