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<br /> THTS DEED OF TRUST MODIFICATION AGREEM�NT nlade and executed \
<br /> t1118 day Of �rr:� . 199„2, by and b�tween KIRK L� HO�KER AND
<br />-_-_ � �HARLEhF A HOQ�,g. h��sk�and aod...�a..f� '
<br /> �= here�nefter referred to ae "Horrower", and HOME F�Dt�R1�L JAV=NGS
<br /> AND LOAN ASSOCIATSON OF ORAND iSLAND. hereic�after referred to as
<br /> - "Lender" .
<br /> WITNE85ETH:
<br /> WHSREAS► Borrower did execute a certain Adiugtable Fate Note
<br /> paya}�le to tlie order of the Lender in the tota]. oriqinal amaunt
<br /> cE TWFNTY FIVE 7H�USAND NINE HUNDRED AND NO/1�ODollars (S 2�.900�00 );
<br /> �Ngpr„�sc, th� mt�ote described above was secured bY a Deed c�f
<br /> Trust wi�b Adjustab�.e Rate Rider dated �lay 29 , 199�, t iied vi
<br /> record in t�io Office of the HALL Co�.tnty Reqist�r ca� Deede
<br /> on mav 29 , 199?, a8 Document No. 92-104687
<br /> � in respect to that real estate described ae:
<br />_�
<br /> SUITE No. 2 AND GARAGE No. 2 OF THE GEmSTONE CONDOmIIVIUm PRQPERTY R�GI(ylE I .
<br /> - TN THF CITY OF GRAND ISLAND, HALL C(]UNTY, NEBRASKA
<br /> WH�1tsF►S, Borrawer has requested that interest b� converted
<br /> to a fixed rate rather than the variable rate specifi�d by auch
<br /> Deed of Trusti with Adjustab?e Rate Rider and that thes statad
<br /> maturity date be also hereby modified;
<br /> WHEREAS, Lender is willing to convert suah v��,tt�iable rate
<br /> loan into a fixed raCe lonn to be securec� by such Deed oE Truat
<br /> with Adjustable Rate Ride� and modify the existing maturity date;
<br /> WHEREA3, Horrower and Lender hereby desire tv amend the
<br /> existing Deed of Trust with Adjustable Rate Rider identified
<br /> hereinabove to provide that it shall continue to secure the
<br /> presently remaining indebtedneas from and after the date
<br /> - liereina�ter spea�fied together with a fixed rate of interest
<br /> - rAther than a var�lable rat� as originally set forth in sucYi
<br /> = Adjustable Rate R�.der;
<br /> �_� NOW, THEREAF'PLk, it is ay�c�ci:
<br /> _�_�u�� 1. Tntere t R te and Matiurir.v Modification. commenc ing
<br /> - eff.ective T���p � , 199�, Cha indebtedn�sa secured by
<br /> `-� the Deed of Txus� with Ad9ustable Rate Rider hereinabove
<br /> �,�_� identifie3 shall accrue intarest at a fixed r.ate of � ,rrNr aNn nN�_Hp,t�F
<br /> i _ o � a.L�......1...•�4 �1�n rufn��Ilt'If1R tcarm Af 9uCh
<br /> ...rr-�'— j79L'CCiIL 1�{+yb/ Viaivaayasvw�. �...... �.. ...�"��'y '---.
<br /> --° lndebtiedness and, notwithstanding~the provisions contained in thQ
<br />' ��• ,�; Ad�ustable R�te Rider, there shall be no further ad�ustments to
<br /> --��^x � sucli interest rAte. The L•inal ma�urity of attch indebtednees as
<br />_���, modified, secured by sucll Deed of Trust shall be Mav 1 , 2003 ,
<br />_;.r��a�. , notwitristnading any atller date of maturity which may
<br /> =ir-ua - haVp been specified in the Deed of Trusti hereinabove identif ied.
<br />- °���° .. . . .. �
<br /> .��j[}AM �
<br /> � �• •� 2, orltinuina �ffect. Except as s�ecifica�Iy��m�dl�Yed by
<br /> :�+�t���.` this need �f Trust Modification Ag�eement, all ottier terms and
<br /> �.•;�.,;, provisions of the Deed of TruAt with Adjuetable .R�te P�ider.. .
<br />'`�^'�� `' hereinabove identi�ied shall remaiu in �ull force and effe�ct .
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