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201602854
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Last modified
5/17/2016 12:56:35 PM
Creation date
5/9/2016 4:09:47 PM
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DEEDS
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201602854
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22 <br />Ni <br />- <br />IV C <br />e m 3) N <br />m el tit <br />c 1 <br />WHEN RECORDED MAIL TO: <br />GREAT WESTERN BANK <br />Grand Island - Webb Rd <br />700 N Webb Rd <br />Grand Island. NE 68803 <br />i <br />i <br />i <br />By: <br />Tray <br />i <br />TRUSTOR: <br />i <br />i <br />POWHEIN, L.L.C. <br />i <br />MODIFICATION OF DEED OF TRUST <br />s Powel Me ber of Rowhein, L.. . <br />0 <br />i <br />1 <br />i <br />i <br />FOR RECORDER'S USE ONLY <br />i <br />i <br />i <br />l • <br />_ -4 <br />THIS MODIFICATION OF DEED OF TRUST dated April 28, 2016, is made and executed <br />between Powhein, L.L.C., a Nebraska Limited Liability Company, whose address is 3415 W <br />State St Suite B, Grand Island, NE 68803 ( "Trustor") and GREAT WESTERN BANK, whose <br />address is Grand Island - Webb Rd, 700 N Webb Rd, Grand Island, NE 68803 ("Lender"). <br />DEED OF TRUST. Lender and Trustor have entered into a Deed of Trust dated August 19, 2015 (the "Deed of Trust ") <br />which has been recorded in Hall County, State of Nebraska, as follows: <br />August 19, 2015 as Instrument No. 201505680. <br />REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property located in Hall County, <br />State of Nebraska: <br />Lot Four (4), Conestoga North Subdivision, in the City of Grand Island, Hall County, Nebraska EXCEPTING a certain <br />tract more particularly described in Warranty Deed recorded in the Register of Deeds Office as Document No. <br />97- 104637. <br />The Real Property or its address is commonly known as 1828 N Webb Rd, Grand Island, NE 68803. The Real <br />Property tax identification number is 400 037 149. <br />MODIFICATION. Lender and Trustor hereby modify the Deed of Trust as follows: <br />The principal amount of the Deed of Trust is hereby increased from $450,000.00 to $680,000.00. Said Deed of <br />Trust being recorded August 19, 2015 at Instrument No. 201505680 in the office of the Register of Deeds of Hall <br />County, Nebraska. <br />CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed of Trust shall remain <br />unchanged and in full force and effect. Consent by Lender to this Modification does not waive Lender's right to require <br />strict performance of the Deed of Trust as changed above nor obligate Lender to make any future modifications. <br />Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit agreement secured by <br />the Deed of Trust (the "Note "). It is the intention of Lender to retain as liable all parties to the Deed of Trust and all <br />parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by <br />Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this <br />Modification. If any person who signed the original Deed of Trust does not sign this Modification, then all persons <br />signing below acknowledge that this Modification is given conditionally, based on the representation to Lender that the <br />non - signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. <br />This waiver applies not only to any initial extension or modification, but also to all such subsequent actions. <br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF DEED OF TRUST AND <br />TRUSTOR AGREES TO ITS TERMS. THIS MODIFICATION OF DEED OF TRUST IS DATED APRIL 28, 2016. <br />
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