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' -I r (Space Above This Line For Recording Data) r 89- 10039 7 LOAN MODIFICATION AGREEMENT (Providing for Fixed lute m. t. ftte) This Loan Modification Agreement ( "Agreement "),, made thiA.ntbday of ...... .pecQ'in,ar................ 19...,aa.. between ...... pw@ Ans.. G..... Skj apec...................................... ,............................. ( "Surmwer ") and iraoci. a. 1 ... Cor4aorattun ............I ... ......... :.... .................. ("Lender"), amends and supplements (1) the Mortgage, Deed of Trust or Deed- to Secure Vebt (the "Security Instrument "), dated ...Nmxemher..... 13.,...1.9.8? . ...... ........... and recorded rt- ....,...... -ords of. ;� ... of the .... L�4;�dge.............: H.al..l Cnuaty.,Aebraska ................... 41,'.katne of Records) jCounty and State. or other Jurisdiction and (2) the Note bearing the same date as, and sms red by, the Seb:rv%y Instrument. which covers the real and personal property described in the Security Instrument and defiitcd therein as the "Pro'�eny ". located at ' 2 GQ7. 4 an... Street, ... U.an,d..Is.l.amd .1Yebraska..68801.. Iprapertr Address) the real property described being set forth as follows: Lot Twelve ;(12), Block One (1), in Jenkinson'subdivision, located in the • South Half of the..East Half of the Southeast,, Quarter (S 1/2 E-1/2 SE 1/4) of Section Two (2�, Township Eleven (11). narth, Range Ten (10) West of the 6th P.M.,Na'il County, Nebraska. =- ' 'In consideration of the mutual promises and agreements exchanged. the parties hereto agree as follows (not%ithstandiwg anything to the contrary contained in the Note or Security Instrument): 1. As of . :_1Anuary.J.,... X9.89 ....................... the amount payable under the Note and the Security : Instrument (the "Unpaid Principal Balance ") is U.S. S ..... 26.,.54a..46. ...... . consisting of the amounts) loaned'tio the Borrower by the Leader and any interest capitalized to date. 2. The Borrower promises to pay the Unpaid Principal Balance. plus interest, to the order of the Lender. Interest will be charged bit the Unpaid Principal Balance at the yearly rate of from .. mu mb. par... 1 ........................................ .._.. 19.$$........ The Borrower p�asrises to make ir monthly payments of principal and interest of U.S. S ... Z4.1...6.1 .......... . beginning'mi 'the .....Ist.... day or .Janmary .................„ ...... ........1.:.................... 19.89........ and continuing thereafter an the same day of each succeeding month until principal and interest are paid in full. If on .099M. bAr ... .,...Z017 .... (the "Maturity Date "). the Borrower still owes amounts ' under ik Note and the Security instrument. as amended by this Agreement. the Borrower will pay : these amounts in 1161r. on the Maturity Date. The Borrower will make such payments MN or at sui h other place as the Lender may rNuire. 3. if all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in the Borrower is sold: or transferred and the lbtrrower is not a natural person) without the Lendte•s prior written consent. the Lender may. at its option, require immediate payment in full of all sbrns secured by this Security instrument. if the Lender exercises this option. the Lender shall give the Borrower notice of acceleration..' :' The notice shall provide a period of not less that' 30 days from the date the notice is delivered or m2iied within which the Borrower must pay allituins secured by this Security Instrument. 1f the Rarrbw•er fails to pay these sums prior to the expiration of this period. the Lender may invoke any'rtmedies permitted by this Security Instrument without further notice or demand on the Borrower. 4. The Borrower also will comply with all other covenants. agreements. and requirements 'pt the Security Instrument, including without limitation. the Borrower's covenants and agreements to make all payments of taxes. insurance premiums. assessments. escrow items. impounds. and all other r payments that the Borrower is obligated to make under the Security Instrument. however. the following terms and provisions are forever canceled. null and void. as of the date specified in paragraph No. 1 above: (a) all terms and provisions of the Note and Security Instrument (if any) providing for, implement- ing, or relating to. any change or adjustment in the rate of interest payable under the Note. and (b) all terms and provisions of any adjustable rate rider or other instrument or document that is affixed to. wholly or partially incorporated into, or is part of, the Note or Security instrument and that contains any such terms and provisions as those referred to in (a) above. LOAN MODIFICATION AGREEMENT —Sngte Famry —tarn" Mae UnNorm Instrument Fo m 3179 2 -88