201404669 - Laserfiche WebLink

Browse

LOAN MODIFICATION AGREEMENT 20 404669 This Loan Modification Agreement (the "Agreement "), made on this June 7, 2007 between RONA RAE KUCERA & STEPHEN D KUCERA (the "Borrower(s) ") and Countrywide Home Loans, Inc., amends and supplements that certain (Mortgage /Deed of Trust) (the "Security Instrument") dated February 29, 1996 and recorded in the Book or (Liber), at page (s), or document number of the Official Records of the County of HALL, State of NEBRASKA, and covers the real property specificallydescribed in the Security Instrument and defined therein as the "Property", located at 115 BEACHWOOD, GRAND ISLAND, NE 68803 The real property described being set forth as follows: and legally defined as set forth in the Security Instrument In consideration of the mutual promises and agreements exchanged, the parties hereto agree to modifythe Security Instrument as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): As of August 01, 2007 the amount payable under the Note or Security Instrument (the "Unpaid Principal Balance ") is U.S. $89,001.18 consisting of the amount(s) loaned to the Borrower by the Lender and any interest capitalized to date. Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interestwill be charged on the Unpaid Principal Balance at the yearly rate of Seven ,(7.000 %) from July 01, 2007. Borrower promises to make monthly payments of principal and interest of U.S. $662.72 beginning on August01, 2007 and continuing thereafter on the same dayof each succeeding month until principal and interest are paid in full. If on June 01, 2029 (the "Maturity Date "), Borrower still owes amounts under the Note and Security instrument as amended by this Agreement, Borrower will pay these amounts in full on the Maturity Date. The Borrower[s] shall comply with all other covenants, agreements and requirements of the Note and Security Instrument. Nothing in this Agreement shall be understood or construed to be a satisfaction or release in whole or in part of the Note or Security Instrument. Except as otherwise specifically provided in this Agreement, the Note and Security Instrument shall remain unchanged, and the Borrower[s] and Countrywide Home Loans, Inc. shall be bound by, and comply with all of the terms and provisions thereof, as amended by this Agreement, and the Security Instrument shall remain in full force and effect and shall continue to be a first lien on the above- described property. All capitalized terms not defined herein shall have the same meanings as set forth in the Note and Security Instrument. MULTISTATE HOME AFFORDABLE MODIFICATION AGRBEMENT — Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT- Form 3157 3/09 (rev. 8/09) (Page 3 of 7) III 11 hluhl IhlIllIll III C3_1020