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<br /> • f� DEED OF TR�,jST MODIFICATI�JN A�gEEMEN� . ,,
<br /> i, (1Future Advnnce Provis ion) � y ,;_:,
<br /> � THT3 EED OF TRUST MODIFICATION AGREEMENT made and executed \� �'"uR_
<br /> _=a
<br /> %- this � day of ahruar� , 199 7, by and between OH H❑ PARTNERSHIP �- -�
<br /> " •�?�-_--
<br /> � heroinafter referred ta as "Horrower", and HoME FEDERAL 'y`�'
<br /> � SAVINGS AND L.OAN A�SOCIATION OF GRAND ISLAND, hereinafter .�_--
<br /> . referred to as "Lender". �`-`__-
<br /> �r�i�;��_
<br /> , WITNES3ETH: ==.��.�
<br /> '� ,. WHEREAS, Horrower did exeaute a certain Dead of Trust dated �a;;
<br /> �ct� 199�y filed of record in the OFfic� of the _HAI I ��-
<br /> � CDCINT IS f R OF D�EDSin reapect to that rea 1 estate described as: �- -�=
<br /> L�T ONE (1) H.O. H.Q. SUBDIVISION, IN THE CITY OF GRANDISLAND, HALL COUNTY�
<br /> NEBRASKR
<br /> ' i`
<br /> �.__ Deed of Trust recorded November 4, 1996 as Qocument �/ 96-1OB70Q
<br /> WKEREAS, such Deed of Trust does not contain a provision
<br />. regard�ng a riqht to future advances to be secured by such Deed
<br /> .,;; of Trust;
<br />_� WHEREA3, Borrower has requested that Lender make an
<br />- .;���.� . adciitional advancQ to be secured by such exist3ng Deed of Trust;
<br /> • •b WHEREaS, Lender is willinq to make an additional advance to
<br />�'."! ' bA seaured by such Deed of Trust provided there shall hava been
<br />'�'•'� filinqc of record subsequent to the date of the recordinq of tha�
<br />�=��'""�"'^. Deed of Trust hereinabove identif ied;
<br />— .r.,,,..,
<br /> � - ,...� ;,` :
<br /> y:;..��;:^:-�''•; �� WHEREAS, Borrower and Lender hereby desire to amend tho
<br /> -�y•`:�:�+'� �� existing Deed of Trust identified hereinabove to provide that it
<br />�u-�.=�,��'�� . shall continue ta secure the presently remaining indebtedness and
<br />�=-��1 ���� the additional advance and future advances frosn and after tihe -
<br />__�M�:_"r`:'� date hereinafter specifiedt -
<br />��;.x'�. NOW, THEREFORE, it is agreQd:
<br /> �'"'._w- •,
<br />=',�,4;�^-�� 1. Tnco�porat�on a� Fut��+*-A Advance_Ria�. From and after
<br /> - �� �' ' � the date of the execution of this Deed of Trust Modification
<br /> {ti � agreement, the indebtedness secured by the Deed of Trust -
<br /> � desaribed hereinabove shall seoure advances made concurrent�y
<br /> herewi.th c�nd future advanaes in accordance with the following
<br />_� ' � provis3on which shall hereafter be de�med to be a �sart of such ^_-__
<br />- � ! Deed o� Trust: �"'�
<br /> ,' i _' °-
<br /> . Future Advances. Upon xeques't of Borrower, T�ender may,
<br /> at its option, make additional and Future advances and ,-;;�:�
<br /> readvances �o Borrower . Such advances and readvances '� :a�.�•`
<br /> ° to Dorrower. Such advances and readvances, with x-
<br /> . ;
<br /> _ _____ � interest thereon, shal 1 be secured by this Deed of ., ::�
<br /> - Trust, not including sums advanced to protect Lc►e =_-.�°�
<br /> . security of this Deed of Trust, exceed the original �
<br /> principal amount stated herein, or $ 185,o0o.n�,
<br /> � �vhichever i.s qreater.
<br />— 2 . Continuing Effect. Except as specifically modi£ied by
<br /> �° this provisions of the Deed of Trust hereinabove identified shall �
<br /> . remain in full force and ef fect.
<br /> - g x��--�� ^�-�-�� �^^„--;*s, A].1 real estate mnrtgages,
<br /> • a��;�. �ia v a.a c� ..cv..a=__
<br /> 1
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<br /> �._.-_. - ,.,��s�------_ _-�__�_-
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