|
r
<br /> � � 2� 1 ���874
<br /> the real property described is lvcated in HALL CUUNTY,NEBRASKA and being set for�h as follaws:
<br /> L�T F�FTEEN �15}, BUENAVISTA SUBDIVISIUN, AN ADDITIUN T4 THE CITY C7F GRAND
<br /> ISLAND,HALL CC3UNTY,NESRASKA.
<br /> SEE ATTA�HED E�HIBIT"B" F�R M�RTGA�E SCHEDiJLE
<br /> In eonsideration of the mutual pramises and agreements exchanged, the parties hereto agree as f�llows
<br /> �notwithstanding anything to the contrary cnntained in the Note or Security Instrument}:
<br /> 1. As of,SEPTEMBEIt 1,2�1G the amount pa�able under the No�e and the Security Instrument�the"Uripaid
<br /> Princi al Balanc�"} is U.S. �148,193.65, consisting of the amount(s} 14aned to Borrower by Lender, plus
<br /> p
<br /> ca italized interest in the amount of L3.S. $20,589.45 and o�her amounts capitalized, which is limited �o
<br /> p
<br /> �scrflws and any legal fees and related forecla5ure costs that may ha�e been accrued for w�rl�comp�eted.
<br /> 2. Borrower romises to pa�the Unpaid Principal Balance, plus interest, to the arder of Lender. Interest will
<br /> � 2U16.
<br /> be charged on the Unpaid Principal Balance at the yearly rate of 3.�4U0°/o, fr�m SEPTEMBER 1,
<br /> The Borrower promises to make monthly paymen�s of principal and Ynterest of U.S. �456.15„beginning an
<br /> the 1 ST da of�CT�BER, 2U 16, and cantinuing thereafter on the same day of each succee�ing manth
<br /> Y
<br /> nd interest are aid in full. If on SEPTEMBER l, 2�46 �th� "Maturity Date"}, the
<br /> until princ�pal a �
<br /> B�rrow�r still owes amounts under the Note and the Security Ins�rument, as amended by this Agreement,
<br /> Borrawer will pay these am�unts in full on the Ma�urity Date.
<br /> 3. If all ar an part of the Properry or any interest in it is sold or t�ansferred �ar if a beneficial interest in the
<br /> Y
<br /> Borrower is sold or transferred and the Borrower is not a natural person}without the Lender's pri�r wr�tten
<br />� consen�,the Lender may require immediate payment in fu11 af all sums secured by�his Security Instrument.
<br /> If the Lender exercises this optian, the Lender shall give �he Barrower natice af accel�ratian, The notice
<br /> shall ro�ide a eriod of not less than 3D days from the date the notice �s deli�ered or mailed with�n which
<br /> p p
<br /> the Barrower must pay all sums secured by this Se�urity Instrument.If the Barrower fails to pay these sums
<br /> P
<br /> riar to the expira�ion of thi� p�riod, the Lender may �n�ake any remedies permitted by this Security
<br /> Instrument withou�further notice or demand an the Borrower.
<br /> 4. The Barrower alsa wi�l camply with all other c��enants, agreements, and requirements of the Security
<br /> Instrument, including withou�limi�ation,�h�Borrower's�ovenants and agr�ements to make al1 payments of
<br /> taxes, insurance premiums,asse5sments, escraw iterns, impounds, and a11 o�her payments that the Barrower
<br /> is obli ated to make under the Security Instrument;hawe�er,the fallowing terms and pr��i�ions are forever
<br /> g
<br /> cancelled,null and�oid,as af the date specified in Faragraph Na. 1 ab��e:
<br /> a all terms and pra�isions of the N�te and 5ecurity Instrument�if any}pro�iding for, implementing,or
<br /> � }
<br /> relatin�to,any change or adjustment in the rate of interes�payable under�he Nate;and
<br /> b all terms and pro�isinns of any ad�ustable rate rider, ❑r other instrum�nt or document that is affixed
<br /> � �
<br /> to, whally or part�ally incarporated into, or is part of, �h� No�e or Securi�y Instrument and that
<br /> c�ntains any such terms and pro�isi�ns as thase referred to in(a}abo�e.
<br /> 5. If the Borrower has,since inception of thi5 Ioan hut prior�o this Agreement,recei�ed a discharge in a
<br /> Cha ter 7 bankruptcy, and there ha�ing been no �alid reaffirmation of the underlyin� debt, lay
<br /> P
<br /> enterin irtta this Agreement, the Lender is not attempting ta re-establish any personal liability for
<br /> g
<br /> the underlying deht.
<br /> HUD Modification Agreement 0609201 G 4S 994�429141
<br /> Page Z
<br />
|