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This instrument was prepared by:
<br />Alex Nedved
<br />West Gate Bank
<br />PO Box 67069
<br />Lincoln, NE 68506
<br />the real property described being set forth as follows:
<br />(Property Address)
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<br />[Space Above This Line For Recording Data]
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<br />FNMA #4007960108
<br />LOAN MODIFICATION AGREEMENT
<br />(Providing for Fixed Interest Rate)
<br />This Loan Modification Agreement ( "Agreement "), made this,Thel day of November, 2015, between John H.
<br />Matthes and Linda K. Matthes ( "Borrowers ") and West Gate Bank ( "Trustee "), amends and supplements (1) the
<br />Mortgage, Deed of Trust, or Security Deed (the "Security Instrument "), to Cornerstone Bank ( "Beneficiary"),
<br />dated December 21, 2011, and recorded on January 6, 2012 in the office of the Register of Deeds of Hall County,
<br />Nebraska, as Instrument 201200126, and further assigned to West Gate Bank. Assignment recorded on January 11,
<br />2012, and recorded as Instrument 201200277 and (2) the Note, bearing the same date as, and secured by, the
<br />Security Instrument, which covers the real and personal property described in the Security Instrument and defined
<br />therein as the "Property", located at
<br />608 Hillside Drive, Cairo, NE 68824
<br />LOT ELEVEN (11), CENTURA HILLS SUBDIVISION, AN ADDITION TO THE VILLAGE OF CAIRO,
<br />HALL COUNTY, NEBRASKA
<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. As of December 1, 2015, the amount payable under the Note and the Security Instrument (the "Unpaid
<br />Principal Balance ") is U.S. $139,377.95 consisting of the unpaid amount(s) loaned to Borrower by Lender
<br />($135,043.96) plus any interest and other amounts capitalized (Interest arrearage of $3,207.30 and
<br />negative escrow balance of $1,126.69.)
<br />2. Borrower 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 4.75 %, from November 1, 2015.
<br />Borrower promises to make monthly payments of principal and interest of U.S. $649.16, beginning on the
<br />1st day of December, 2015, and continuing thereafter on the same day of each succeeding month until
<br />principal and interest are paid in full. The yearly rate of 4.75% will remain in effect until principal and
<br />interest are paid in full. If on November 1, 2055 (the "Maturity Date "), 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 />3. If all or any part of the Property or any interest in the Property is sold or transferred (or if Borrower is not a
<br />natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written
<br />consent, Lender may require immediate payment in full of all sums secured by the Security Instrument.
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall
<br />provide a period of not less than 30 days from the date the notice is delivered or mailed within which
<br />Borrower must pay all sums secured by the Security Instrument. If Borrower fails to pay these sums prior
<br />to the expiration of this period, Lender may invoke any remedies permitted by the Security Instrument
<br />without further notice or demand on Borrower.
<br />4. Borrower also will comply with all other covenants, agreements, and requirements of the Security
<br />Instrument, including without limitation, Borrower's covenants and agreements to make all payments of
<br />taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that Borrower is
<br />obligated to make under the Security Instrument; however, the following terms and provisions are forever
<br />canceled, null and void, as of the date specified in paragraph No. 1 above:
<br />LOAN MODIFICATION AGREEMENT — Single Family— Fannie Mae UNIFORM INSTRUMENT Form 3179 1/01 (rev. 04/14) (page 1 of3)
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