|
CD c') cn
<br />� o
<br />rn m
<br />© -< o
<br />Cn
<br />co
<br />0
<br />o
<br />r �
<br />r a
<br />cn
<br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this
<br />31st day of JANUARY, 2001, by and between BALDOMERO MONASTERIO AND
<br />MARIA A MONASTERIO husband and wife hereinafter referred to as "Borrower ", and
<br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter
<br />referred to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of
<br />the Lender in the total original amount of FORTY THREE THOUSAND AND NO /100
<br />Dollars ($43,000.00);
<br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable
<br />Rate Rider dated SEPTEMBER 14, 2000, filed of record in the Office of the Hall County
<br />Register of Deeds on SEPTEMBER 15, 2000 as Document No. 0200007633 in respect to
<br />that real estate described as:
<br />LOT ELEVEN (11) JEFFREY OAKS FIFTH SUBDIVISION IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than
<br />the variable rate specified by such Deed of Trust with Adjustable Rate Rider and that the stated
<br />maturity date be also hereby modified;
<br />WHEREAS, Lender is willing to convert such variable rate loan into a fixed rate loan to
<br />be secured by such Deed of Trust with Adjustable Rate Rider and modify the existing maturity
<br />date;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust
<br />with Adjustable Rate Rider identified hereinabove to provide that it shall continue to secure the
<br />presently remaining indebtedness from and after the date hereinafter specified together with a
<br />fixed rate of interest rather than a variable rate as originally set forth in such Adjustable Rate
<br />Rider;
<br />NOW, THEREFORE, it is agreed:
<br />1. Interest Rate and Maturity Modification. Commencing effective FEBRUARY 1
<br />2001, the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove
<br />identified shall accrue interest at a fixed rate of Seven percent (7 %) throughout the remaining
<br />term of such indebtedness and, notwithstanding the provisions contained in the Adjustable Rate
<br />Rider, there shall be no further adjustments to such interest rate. The final maturity of such
<br />indebtedness as modified, secured by such Deed of Trust shall be JANUARY 1, 2011,
<br />notwithstanding any other date of maturity which may have been specified in the Deed of Trust
<br />hereinabove identified.
<br />0
<br />N
<br />c:)
<br />CD
<br />F-'
<br />O
<br />O
<br />co
<br />M
<br />rn
<br />co
<br />CD
<br />tom.
<br />cwt►
<br />0
<br />M
<br />In
<br />= Z
<br />7
<br />rn N
<br />c, %
<br />ED
<br />rn
<br />rn
<br />Q
<br />4
<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Variable Rate to Fixed)
<br />CD c') cn
<br />� o
<br />rn m
<br />© -< o
<br />Cn
<br />co
<br />0
<br />o
<br />r �
<br />r a
<br />cn
<br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this
<br />31st day of JANUARY, 2001, by and between BALDOMERO MONASTERIO AND
<br />MARIA A MONASTERIO husband and wife hereinafter referred to as "Borrower ", and
<br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter
<br />referred to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of
<br />the Lender in the total original amount of FORTY THREE THOUSAND AND NO /100
<br />Dollars ($43,000.00);
<br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable
<br />Rate Rider dated SEPTEMBER 14, 2000, filed of record in the Office of the Hall County
<br />Register of Deeds on SEPTEMBER 15, 2000 as Document No. 0200007633 in respect to
<br />that real estate described as:
<br />LOT ELEVEN (11) JEFFREY OAKS FIFTH SUBDIVISION IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than
<br />the variable rate specified by such Deed of Trust with Adjustable Rate Rider and that the stated
<br />maturity date be also hereby modified;
<br />WHEREAS, Lender is willing to convert such variable rate loan into a fixed rate loan to
<br />be secured by such Deed of Trust with Adjustable Rate Rider and modify the existing maturity
<br />date;
<br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust
<br />with Adjustable Rate Rider identified hereinabove to provide that it shall continue to secure the
<br />presently remaining indebtedness from and after the date hereinafter specified together with a
<br />fixed rate of interest rather than a variable rate as originally set forth in such Adjustable Rate
<br />Rider;
<br />NOW, THEREFORE, it is agreed:
<br />1. Interest Rate and Maturity Modification. Commencing effective FEBRUARY 1
<br />2001, the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove
<br />identified shall accrue interest at a fixed rate of Seven percent (7 %) throughout the remaining
<br />term of such indebtedness and, notwithstanding the provisions contained in the Adjustable Rate
<br />Rider, there shall be no further adjustments to such interest rate. The final maturity of such
<br />indebtedness as modified, secured by such Deed of Trust shall be JANUARY 1, 2011,
<br />notwithstanding any other date of maturity which may have been specified in the Deed of Trust
<br />hereinabove identified.
<br />0
<br />N
<br />c:)
<br />CD
<br />F-'
<br />O
<br />O
<br />co
<br />M
<br />rn
<br />co
<br />CD
<br />tom.
<br />cwt►
<br />0
<br />
|