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200105141
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200105141
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Last modified
10/14/2011 4:58:44 AM
Creation date
10/20/2005 8:53:55 PM
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DEEDS
Inst Number
200105141
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D T S D ►O' ° CD M <br />c+ C= N rat <br />Z^ _ c. � m p —!fie <br />= D p x m -c z o ° CD <br />n i `^ "C_� o Q <br />m <br />�� M m � fir— D CIl h <br />CD <br />Q Ca !D <br />O® (or) ~ <br />O <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Variable Rate to Fixed) <br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this <br />11th day of MAY, 2001, by and between KAREN J ENGLER, A SINGLE PERSON , <br />hereinafter referred to as `Borrower ", and HOME FEDERAL SAVINGS AND LOAN <br />ASSOCIATION OF GRAND ISLAND, hereinafter 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 ONE THOUSAND AND NO /100 Dollars <br />($41 0, 00.00); <br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable <br />Rate Rider dated OCTOBER 28, 1994, filed of record in the Office of the Hall County <br />Register of Deeds on OCTOBER 28, 1994 as Document No. 94- 108807 in respect to that real <br />estate described as: <br />SUITE NO.- TW012) ALLENE T_y ___ ._ <br />REGIME, BEING PART OF UNIT ONE, LOT TWO (2), BLOCK EIGHT (8) REPLAT, <br />CONTINENTAL GARDENS, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA; AND GARAGE "T' IN "D" WINDSOR SQUARE CONDOMINIUM <br />PROPERTY REGIME UNIT FOUR (4), LOT TWO (2), BLOCK EIGHT (8), REPLAT OF <br />CONTINENTAL GARDENS, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />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 JUNE 1200 1, <br />the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove identified <br />shall accrue interest at a fixed rate of SEVEN & THREE EIGHTHS percent (7.375 1/o) <br />throughout the remaining term of such indebtedness and, notwithstanding the provisions <br />contained in the Adjustable Rate Rider, there shall be no further adjustments to such interest <br />rate. The final maturity of such indebtedness as modified, secured by such Deed of Trust shall <br />be MAY 1, 2011, notwithstanding any other date of maturity which may have been specified in <br />the Deed of Trust hereinabove identified. <br />//• et-0 <br />
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