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200803948
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200803948
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Last modified
5/8/2008 3:24:58 PM
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5/8/2008 3:24:58 PM
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DEEDS
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200803948
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<br />N <br />CSl <br />e <br />(Xl <br />CSl <br />W <br />CD <br />~ <br />(Xl <br /> <br />E)~~~ <br />~~tl)t... <br />~~~~ <br />N ~" <br />~~~~ <br />~~~~. <br />~ ~ <br />Ii\ ~ <br />~ ~ <br />~ ~ <br />~ ~ <br /> <br />10 <br />m <br />.." <br />c: <br />() Z <br />xng <br />m)> .. <br />('lcn <br />~% <br /> <br />\ <br /> <br />2~ <br />~~ <br />~ <br /> <br />-:3 <br />:;D <br />-c <br /> <br />.--.:> <br />c:;> <br />c:::> <br />c:;lO <br /> <br />0(1) <br />0.-( <br />c::J> <br />:z:--l <br />~rn <br />-<0 <br />0'" <br />""'z <br />:I: rn <br />J>OJ <br />,:;0 <br />,J> <br />m <br />:x <br />J> <br />---' <br /> <br />'-~~ <br />r "- <br />~ ~'t. <br />~~~ <br />it <br /> <br />CJ:) <br /> <br />-0 <br />::3 <br />~ <br />N <br />Q <br />CD <br /> <br />(f) <br />ci> <br /> <br />.I <br /> <br />~ <br />Q; <br /> <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Future Advance Provision) <br /> <br />TIllS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and <br />executed this 7th of Mav. 2008, by and between LARSON CONSTRUCTION. INe. , <br />hereinafter referred to as "Borrower", and HOME FEDERAL SAVINGS AND LOAN <br />ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "lender", <br /> <br />WITNESSETH: <br /> <br />WHEREAS, Borrower did execute a certain Deed of Trust dated Seotember 6.2007, <br />filed of record in the OFFICE OF THE HALL COUNTY REGISTER OF DEEDS on September <br />7.2007 as INSTRUMENT # 200707735 in respect to that real estate described as: <br /> <br />LOT TWENTY(20), IN WESTWOOD PARK SEVENTH SUBDIVISION, TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <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. From and after the date of the execution <br />of this Deed of Trust Modification Agreement, the indebtedness secured by the Deed of Trust <br />described hereinabove shall secure advances made concurrently herewith and future advances in <br />accordance with the following provision which shall hereafter be deemed to be a part of such <br />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 $200.000.00, whichever is greater. <br /> <br />2. Continuing Effect. Except as specifically modified by this Deed of Trust <br />Agreement, all other terms and provisions of this Deed of Trust hereinabove identified shall <br />remain in full force and effect. <br /> <br />om <br />N~ <br />o~ <br />00 <br />:J> <br />0:> en <br />02: <br />en <br />~w :d <br /><.0 c: <br />;~ <br />.U) ~ <br />:z <br />o <br /> <br />/c. 50 <br />
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