Index: usr.sbin/makefs/mtree.c
===================================================================
--- usr.sbin/makefs/mtree.c
+++ usr.sbin/makefs/mtree.c
@@ -783,6 +783,8 @@
 			free(node->inode);
 			node->inode = curino;
 			node->inode->nlink++;
+			/* Reset st since node->inode has been updated. */
+			st = &node->inode->st;
 		}
 	}