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S:'SC; <br /> ~... <br /> MODIFICATION OF DEED OF TRUST <br /> <br /> <br /> <br />THIS MODIFICATION OF DEED OF TRUST IS DATED April 11, 2008, between Judith A. Lautenschlager, A Single Person, <br />(referred to below as "Trustor"), whose address is 11525 S Hwy. 281, Doniphan, NE 68832; and PLATTE VALLEY STATE BANK & <br />TRUST COMPANY (referred to below as "Lendor"), whose address is 810 Allen Dr., Grand Island, NE 68803. <br /> <br />DEED OF TRUST. Trustor, and Lendor have entered into a Deed of Trust dated June 30, 2006 (the "Deed of Trust") recorded in Hall <br />County, State of Nebraska as follows: <br /> <br />Recorded July 18, 2006 in the office of the Hall County Register of Deeds as Inst. 200606372 <br /> <br />REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property (the "Real Property") recorded in <br />Hall County, State of Nebraska: <br /> <br />The South Half of the Southwest Quarter (S1/2SW1I4) and the South Half of the North Half of the Southwest Quarter <br />(S1/2N1/2SW1I4) of Section Eight (8), Township Nine (9) North, Range Nine (9) West of the 6th P.M., Hall County, <br />Nebraska excepting a certain tract deeded to the State of Nebraska more particularly described in Warranty Deed <br />recorded as Document No. 82-002223 and excepting a certain tract more particularly described in Condemnation <br />recorded in Book 17, Page 452. <br /> <br />The real property or its address is commonly known as Hall County at Doniphan, Nebraska 68832. The Real Property tax <br />identification number is 400235692. <br /> <br />MODIFICATION. Trustor and Lendor hereby modify the Deed of Trust as follows: <br /> <br />MAXIMUM OBLIGATION LIMIT. Under terms of the Qeed of Trust, as modified, Lender may make future advances of <br />funds to Borrower. Any such future advance is entitled to the benefits of, and secured by, this Deed of Trust. Said <br />future advances under the Deed of Trust are limited and will not cause the total principal balance of Note(s) secured <br />by the Deed of Trust to exceed $366,000.00. <br /> <br />CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed ofTrust shall remain unchanged and in <br />full force and effect. Consent by Lender to this Modification does not waive Lender's right to require strict performance of the Deed of <br />Trust as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall constitute a <br />satisfaction of the promissory note or other credit agreement secured by the Deed of Trust (the "Note"). It is the intention of Lender to <br />retain as liable all parties to the Deed of Trust and all parties, makers and endorsers to the Note, including accommodation parties, <br />unless a party is expressly released by Lender in writing. Any maker or endorser, including accommodation makers, shall not be <br />released by virtue of this Modification. If any person who signed the original Deed of Trust does not sign this Modification, then all <br />persons signing below acknowledge that this Modification is given conditionally, based on the representation to Lender that the non~ <br />signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. This waiver applies <br />not only to any initial extension or modification but also to all such subsequent actions. <br /> <br />SIGNATURES. By signing, each trustor acknowledges having r~ad all the provisions of this Modification of Deed ofTrust, and each <br />Trustor agrees to its terms. <br /> <br />TRUSTOR: <br />Judith A. LautenSChlager <br /> <br />LENDER: <br />Platte Valley State Bank & Trust Company <br />.,,-- <br /> <br /> <br />Vl~' <br /> <br />,.", {;' - I <br />- '''-:::" , , <br />".. l ,--,;>; . '~' <br />By \..JLill,ch" ( 'IUu.:l,j r, )(; ,JIG , <br />. -"J/Jdith A. Lautenschlager, Individually "C <br /> <br />ACKNOWLEDGMENT <br /> <br />STATE OF <br />COUNTY OF <br /> <br />Nebraska <br /> <br />) <br />) 55. <br />) <br /> <br />Hall <br /> <br />On this 11th day of April , 2008_, before me, the undersigned Notary Public, personally appeared Judith A. <br />Lautenschlager, and known to me to be authorized agent of the corporation by authority of its Bylaws or by resolution of its board of <br />directors, for the uses and purposes therein mentioned, and on oath st d that they are authorized to execute this Modification and in <br />fact executed the Modification on behalf of the corporation. ~ <br /> <br /> <br />(Nota Public) <br /> <br />My comm;,,;oo exp;,., r 6 ~~E.~-l <br />~ MyComm. &po Marcil 23, 2012 _ <br /> <br />