201003309 - Laserfiche WebLink

Browse

~..: ..-...,..~ ~ ~, v, m .~. w~ww...r~rr h \ b t7 ~ C7 ~. ~ ~.T~ G7 CA ' ~ ~ `o ~ cn ~ v~ W ~ CQ ~^ ~ ~`' (A ~`'" ~r Cam] C ~^ ~ ~, r~'v ~ ° ~ m ~ cry a o N DEED OF TRUST MODIFICATION AGREEMENT (Future Advance Provision) THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and executed this 10TH of MAY, 2010, by and between RODNEY M JOHNSON AND PEARL A JOHNSON HUSBAND AND WIFE hereinafter referred to as "Borrower", and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "lender". WITNESSETH: WHEREAS, Borrower did execute a certain Deed of Trust dated DECEMBER 21 2001 fled of recorded on DECEMBER 26 2001 in the HALL COUNTY REGISTER OF DEED' S OFFICE OF HALL COUNTY, NEBRASKA in DOCUMENT #0200113335, the following described property: SEE EXHIBIT "A" WHCRI aAS, such Deed of Trust does not contain a prevision regarding a right to future advances to be secured by such Deed of Trust; WHEREAS, Borrower has requested that Lender make an additional advance to be secured by such existing Deed of Trust; WHEREAS, Lender is willing to make an additional advance to be secured by such Deed of Trust provided there shall have been na filings of record subsequent to the date of the retarding of that Deed of Trust hereinabove identified; WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust identified hereinabove to provide that it shall continue to secure the presently remaining indebtedness and the additional advance and future advances from and after the date hereinafter specified; NOW, THEREFORE, it is agreed: Incomoration of Futurre Advance Ri.~hts. From and after the date of the execution of this Deed of Trust Modification Agreement, the indebtedness secured by the Deed of Trust described hereinabove shall secure advances made concurrently herewith and future advances in accordance with the following provision which shall hereafter be deemed to be a part of such Deed of Trust: Future Advances. Upon request of Borrower, Lender may, at its option, make additional and future advances and readvances to Borrower. Such advances and readvances, with interest thereon, shall be secured by this Deed of Trust. At no time shall the principal amount of the indcbtcdncss sccurcd by this Dced of Trust, not including sums advanced to protect the security of this Deed of Trust, exceed the original principal amount stated herein, ar $'74~ 6,~pp~00 whichever is greater. /~; so 2. Continuin„~ffect. Except as specifically modified by this Agreement, all other terms and provisions ofthis Deed afTrust hereinabove identified shall remain in full farce and effect.