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200106045
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200106045
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Last modified
10/14/2011 6:00:20 AM
Creation date
10/20/2005 9:09:07 PM
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DEEDS
Inst Number
200106045
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Q <br />rn <br />v <br />r <br />T <br />iii <br />�'1I'1 <br />c <br />z <br />+,� <br />a <br />_ <br />O <br />O <br />7C <br />_ <br />�_ <br />D <br />—4 <br />M <br />N <br />BCD <br />C. <br />z <br />--i <br />C:) <br />O <br />y <br />In$ <br />N <br />Q <br />O <br />© <br />4 <br />N <br />Tt z <br />F� <br />z M <br />O <br />NJ <br />(A <br />OD <br />D <br />O <br />—mac <br />!—� <br />O <br />CO <br />O <br />3> <br />s <br />O <br />..ice <br />Zn <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Variable Rate to Fixed) <br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this <br />4TH day of JUNE, 2001, by and between PATRICIA A WIESER 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 FIFTY SEVEN THOUSAND SIX HUNDRED AND <br />NO /100 , Dollars ($57,600.00); <br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable <br />Rate Rider dated JANUARY 20, 1998, filed of record in the Office of the Hall County <br />Register of Deeds on JANUARY 21, 1998 as Document No. 98- 100531 in respect to that real <br />estate described as: <br />LOT FIVE (5) NOTTINGHAM ESTATES SUBDIVISION, AN ADDITION TO THE CITY OF <br />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 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, 2016, notwithstanding any other date of maturity which may have been specified in <br />the Deed of Trust hereinabove identified. <br />2. Continuing Effect. Except as specifically modified by this Deed of Trust <br />Modification Agreement, all other terms and provisions of this Deed of Trust with Adjustable <br />Rate Rider hereinabove identified shall remain in full force and effect. <br />Q <br />
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