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DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this2ND day of JULY, 2001, by and between STEVEN A KRAEMER AND JONI F
<br />KRAEMER, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME a
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />a
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Deed of Trust dated SEPTEMBER 29,
<br />2000, filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on
<br />SEPTEMBER 29, 2000 as Document # 0200008112 in respect to that real estate described as:
<br />LOT SIX (6) IN BLOCK ONE (1), IN DICKEY THIRD SUBDIVISION, A
<br />RESUBDIVISION OF ALL BLOCKS TWO (2) AND THREE (3) DICKEY SUBDIVISION
<br />AND ALL OF BLOCK ONE (1) AND TWO (2) IN DICKEY SECOND SUBDIVISION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future
<br />advances to be secured by such Deed of Trust;
<br />WHEREAS, Borrower has requested that Lender make an additional advance to be
<br />secured by such existing Deed of Trust;
<br />WHEREAS, Lender is willing to make an additional advance to be secured by such
<br />Deed 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 />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 />NOW, THEREFORE, it is agreed:
<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 />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 to
<br />protect the security of this Deed of Trust, exceed the original principal amount stated herein, or
<br />$55,000.00. whichever is greater.
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<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Future Advance Provision)
<br />THIS MORTGAGE/DEED OF TRUST MODIFICATION AGREEMENT made and
<br />executed this2ND day of JULY, 2001, by and between STEVEN A KRAEMER AND JONI F
<br />KRAEMER, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME a
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />a
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Deed of Trust dated SEPTEMBER 29,
<br />2000, filed of record in the Office of the HALL COUNTY REGISTER OF DEEDS on
<br />SEPTEMBER 29, 2000 as Document # 0200008112 in respect to that real estate described as:
<br />LOT SIX (6) IN BLOCK ONE (1), IN DICKEY THIRD SUBDIVISION, A
<br />RESUBDIVISION OF ALL BLOCKS TWO (2) AND THREE (3) DICKEY SUBDIVISION
<br />AND ALL OF BLOCK ONE (1) AND TWO (2) IN DICKEY SECOND SUBDIVISION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />WHEREAS, such Deed of Trust does not contain a provision regarding a right to future
<br />advances to be secured by such Deed of Trust;
<br />WHEREAS, Borrower has requested that Lender make an additional advance to be
<br />secured by such existing Deed of Trust;
<br />WHEREAS, Lender is willing to make an additional advance to be secured by such
<br />Deed 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 />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 />NOW, THEREFORE, it is agreed:
<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 />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 to
<br />protect the security of this Deed of Trust, exceed the original principal amount stated herein, or
<br />$55,000.00. whichever is greater.
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