201302485 - Laserfiche WebLink

Browse

201302485 Lot Eight (8), Block Fifty -Six (56), Grand Island Original Town, Hall County, Nebraska; AND The North 67.50 feet of Lot (5), Block Fifty -five (55), Grand Island Original Town, Hall County, Nebraska; AND The North 22.00 feet of the South 64.00 feet of Lot One (1), Block Fifty -Six (56), Grand Island Original Town, Hall County, Nebrasak; AND The North 22.00 feet of the South 42.00 feet; and the West 6.00 feet of the South 20.00 feet of Lot One (1), Block Fifty -Six (56), Grand Island Original Town, Hall County, Nebraska; AND The South 20.00 feet of the East 60.00 feet of Lot One (1), Block Fifty -Six (56), Grand Island Original Town, Hall County, Nebraska The property is located in Hall County at 308 N Locust St, Omaha, Nebraska 68801. 2. MODIFICATION. For value received, Grantor and Lender agree to modify the Security Instrument as provided for in this Modification. The Security Instrument is modified as follows: A. Secured Debt. The secured debt provision of the Security Instrument is modified to read: (1) Secured Debts. The term "Secured Debts" includes and this Security Instrument will secure each of the following: (a) Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and replacements. A promissory note or other agreement, No. 810162, dated April 27, 2007, from Grantor to Lender, with a loan amount of $960,000.00 and maturing April 26, 2012 (b) Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security Instrument. 3. WARRANTY OF TITLE. Grantor warrants that Grantor continues to be lawfully seized of the estate conveyed by the Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust, with power of sale. Grantor also warrants that the Property is unencumbered, except for encumbrances of record. 4. CONTINUATION OF TERMS. Except as specifically amended in this Modification, all of the terms of the Security Instrument shall remain in full force and effect. 5. ADDITIONAL TERMS. THE MAXIMUM OBLIGATION AMOUNT WILL INCREASE BY $293,808.48 FROM THE ORIGINAL MAXIMUM OBLIGATION AMOUNT OF $960,000.00 TO THE NEW MAXIMUM OBLIGATION AMOUNT OF $1,253,808.48 Downtown Center, LLC Nebraska Real Estate Modification Init NE/ 4CRcBINET00000000000654055031913N Wolters Kluwer Financial Services 6 1996, 2013 Bankers SystemsTM