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201404189
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Last modified
7/20/2017 7:59:52 PM
Creation date
7/10/2014 9:24:22 AM
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DEEDS
Inst Number
201404189
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, , . . . , <br /> 201404189 <br /> . ' <br /> by,the Security Instrument,which covers the real and personal property described in the Security Instrument <br /> and defined therein as the"Property,"located at <br /> 1829 W 11TH AVE,GRAND ISLAND,NEBRASKA 68803 <br /> the real property described is located in HALL COUNTY,NEBRASKA and being set forth as follows: <br /> LOT EIGHT (8) IN BLOCK SEVEN (7) IN BOGGS AND HILL'S ADDITION TO THE CITY OF <br /> GRAND ISLAND,HALL COUNTY,NEBRASKA <br /> SUBJECT TO EASEMENTS,RESERVATIONS,COVENANTS AND RESTRICTIONS OF RECORD. <br /> In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows <br /> (notwithstanding anything to the contrary contained in the Note or Security Instrument): <br /> 1. Borrower agrees that certain amounts owed will not be capitalized, waived, or addressed as part of this <br /> Agreement, and will remain owed until paid. These amounts owed are referenced in the Cover Letter to <br /> this Agreement,which is incorporated herein,and are to be paid with the return of this executed Agreement. <br /> If these amounts owed are not paid with the return of this executed Agreement,then Lender may deem this <br /> Agreement void. <br /> 2. As of, APRIL 1, 2014 the amount payable under the Note and the Security Instrument (the "Unpaid <br /> Principal Balance") is U.S. $57,321.21, consisting of the amount(s) loaned to Borrower by Lender, plus <br /> capitalized interest in the amount of U.S. $0.00 and other amounts capitalized,which is limited to escrows <br /> and any legal fees and related foreclosure costs that may have been accrued for work completed. This <br /> Unpaid Principal Balance has been reduced by the contemporaneous HUD Partial Claim amount of <br /> $2,499.16. This agreement is conditioned on the proper execution and recording of this HUD Partial <br /> Claim. <br /> 3. Bonower promises to pay the Unpaid Principal Balance, plus interest, to the order of Lender Interest will <br /> be charged on the Unpaid Principal Balance at the yearly rate of 4.6250%, from APRIL 1, 2014. The <br /> Borrower promises to make monthly payments of principal and interest of U.S. $294.71,beginning on the <br /> 1ST day of MAY,2014,and continuing thereafter on the same day of each succeeding month until principal <br /> and interest are paid in full. If on APRIL 1,2044 (the"Maturity Date"), the Borrower still owes amounts <br /> under the Note and the Security Instrument, as amended by this Agreement, Borrower will pay these <br /> amounts in full on the Maturity Date. <br /> 4. If all or an art of the Pro e or an interest in it is sold or transferred or if a beneficial interest in the <br /> Y P P rh' Y � <br /> Borrower is sold or transferred and the Borrower is not a natural person)without the Lender's prior written <br /> consent,the Lender may require immediate payment in full of all sums secured by this Security Instrument. <br /> If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The notice <br /> shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which , <br /> the Borrower must pay all sums secured by this Security Instrument.If the Borrower fails to pay these sums <br /> prior to the expiration of this period, the Lender may invoke any remedies permitted by this Security I <br /> Instrument without further notice or demand on the Borrower. � <br /> 5. The Borrower agrees to make and execute such other documents or papers as may be necessary or required <br /> to effectuate the terms and conditions of this Agreement. <br /> Wells Fatgo Custom HUD Loan Modification Agreement In�I����I�InOIIpIIIIIIIIII�I�IIII�IIIIIIIa <br /> 03102014 77 708 II <br /> First American Mortgage Savices Page 2 <br />
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