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'i tri Sank Grand lslr,.,,a NE 6o802-1009 Note; WITNESSETH: NOW, THEREFORE, it is agreed: V r"1 r*1 DEED OF TRUST MODIFICATION AGREEMENT (Fixed to Variable Rate) THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this day of FEBRUARY, 2013, by and between LONNIE L LOGAN AND CATHY A LOGAN, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "lender ", WHEREAS, Borrower did execute a certain NOTE payable to the order of the Lender in the total original amount of ONE FIFTY SIX THOUSAND SIX HUNDRED AND NO /100 DOLLARS ($156,600.00); WHEREAS, the Note described above was secured by a Deed of Trust dated NOVEMBER 20, 2002, filed of record in the Office of the HALL COUNTY REGISTER OF DEED'S OFFICE OF HALL COUNTY, NEBRASKA on NOVEMBER 20, 2002 in DOCUMENT # 0200212901 ; AND A DEED OF TRUST MODIFICATION AGREEMENT dated September 16, 2003 and recorded September 19, 2003 in Document # 0200312518; AND an EXTENSION AGREEMENT dated February 28, 2011 and recorded March 2, 2011 in Document # 0201101678; in respect to that real estate described as: 404 W 14 LOT TEN (10), BLOCK ONE (1), PARK PLACE ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. 1314 W LOUISE; LOT EIGHT (8) IN BLOCK TWENTY -SEVEN (27) IN CHARLES WASMER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. WHEREAS, Borrower has requested that interest be converted to an Adjustable Rate Note rather than the fixed rate specified by such Deed of Trust; WHEREAS, Lender is willing to convert such fixed rate loan into an Adjustable Rate WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust identified hereinabove to provide that it shall continue to secure the presently remaining indebtedness from and after the date hereinafter specified together with an Adjustable Rate Note rather than the fixed rate Note; 1. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate of 4.25 %. The Note provides for changes in the adjustable interest rate and the monthly payments, as follows: 2. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The adjustable interest rate I will pay may change on the first day of MARCH 1, 2014 , and on that day every 12 month thereafter. Each date on which my adjustable interest rate could change is called a "Change Date."