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20160654 entering into this Agreement, the Lender is not attempting to re- establish any personal liability for the underlying debt. 6. Nothing in this Agreement shall be understood or construed to be a satisfaction or release in whole or in part of the Note and Security Instrument. Except as otherwise specifically provided in this Agreement, the Note and Security Instrument will remain unchanged, and Borrower and Lender will be bound by, and comply with, all of the terms and provisions thereof, as amended by this Agreement. 7. Borrower agrees to make and execute other documents or papers as may be necessary to effectuate the terms and conditions of this Agreement which, if approved and accepted by Lender, shall bind and inure to the heirs, executors, administrators, and assigns of the Borrower. 8. This Agreement modifies an obligation secured by an existing security instrument recorded in HALL County, NE, upon which all recordation taxes have been paid. As of the date of this agreement, the unpaid principal balance of the original obligation secured by the existing security instrument is $71,499.72. The principal balance secured by the existing security instrument as a result of this Agreement is $116,369.41, which amount represents the excess of the unpaid principal balance of this original obligation. 9. In the event of any action(s) arising out of or relating to this Agreement or in connection with any foreclosure action(s) dismissed as a result of entering into this Agreement, if permitted by applicable law, I will remain liable for and bear my own attorney fees and costs incurred in connection with any such action(s). 10. Borrower understands that the mortgage insurance premiums on the Loan, if applicable, may increase as a result of the capitalization which will result in a higher total monthly payment. Furthermore, the date on which the borrower may request cancellation of mortgage insurance may change as a result of the New Principal Balance. IIII 1 11111 lIllll I ll ll I lIll ll ll 111 111111J 1111 * 6 1 9 3 0 5 5 1 9 Y G O V* HUD MOD FICATION AGREEMENT 8300h 11/12 (page 3 of 5)