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<br />200804119
<br />
<br />5.50
<br />
<br />Space Above This Line For Recording Data
<br />
<br />MODIFICATION OF DEED OF TRUST
<br />
<br />THIS MODIFICATION OF DEED OF TRUST IS DATED May 9,2008, between Wayne Meyer and Diane Meyer, Husband and Wife
<br />(referred to below as "Trustor"), whose address is 17600 W Abbott Rd., Cairo, NE 68824; and PLATTE VALLEY STATE BANK &
<br />TRUST COMPANY (referred to below as "Lendor"), whose address is 810 Allen Drive, Grand Island, NE 68803.
<br />
<br />DEED OF TRUST. Trustor, and Lendor have entered into a Deed ofTrust dated January 27,2006 (the "Deed ofTrust") recorded in
<br />Hall County, State of Nebraska as follows:
<br />
<br />Recorded January 30, 2006 in the office of the Hall County Register of Deeds as Inst. 200600793 & 200600794
<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 North Half of the Southwest Quarter (N1/2SW1/4) of Section Seven (7), Township Ten (10) North, Range Eleven
<br />(11) West ofthe 6th P.M., in Hall County, Nebraska, less the westerly 50 feet thereof conveyed to the State of Nebraska
<br />for highway right-of-way.
<br />
<br />The real property or its address is commonly known as Hall County at Wood River, Nebraska 68883. The Real Property tax
<br />identification number is 400220016.
<br />
<br />MODIFICATION. Trustor and Lendor hereby modify the Deed of Trust as follows:
<br />
<br />MAXIMUM OBLIGATION LIMIT. Under terms of the Deed 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 $240,000.00.
<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 read all the provisions of this Modification of Deed of Trust, and each
<br />Trustor agrees to its terms.
<br />
<br />TRUSTOR:
<br />Wayne Meyer and Diane Meyer
<br />
<br />By ~~~ Il7Jr- ~
<br />Wayne M#,er
<br />
<br />By ,;/YLM<-~ ~
<br />
<br />Diane Meyer
<br />
<br />LENDER:
<br />Platte Valley State Bank & Trust Company
<br />
<br />
<br />~
<br />
<br />ACKNOWLEDGMENT
<br />
<br />STATE OF _;tie hr'ls,fJt:}
<br />Ii 1/ ) 55.
<br />COUNTY OF J4 )
<br />
<br />On this 9 'f-..!t day of J11A--fe ' 20~, before me, the undersigned Notary Public, personally appeared Wayne Meyer
<br />and Diane Meyer, and known to e 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 0 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 commission eXPires-iJ::';:.:~1
<br />
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