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<br />RE-RECORDED
<br />Son 105867
<br />Fanrni Mm
<br />1
<br />• W-- 10 4 318
<br />RE-RECORDED �e 26/90
<br />90-104973 Di1i
<br />Loan Number FHA/ VA /MI Case Number
<br />1520009141 5,094868
<br />Mortgagor (or Trustorl
<br />Nlalcan, Reginald A.
<br />Property Address
<br />648 Stefan Lane
<br />Grand Island, NE 68801
<br />Agreement For Modification or Extension of Morto age
<br />Tu.
<br />Agpoclatiun
<br />or Goveramentt National
<br />Mortgage Atltmclation
<br />Tim TmWr or Mortgagor identified above (hereinafter referred toes the "Mortgagor") does hereby apply fora )8M Extension
<br />of tho payment provisions of the above•numbered account covering an indebtedness owing from the Mortgagor to
<br />C'lylcrliilicatbn" or "Extewion ")
<br />Federal National Mortgage Association (hereinafter referred to as the "Mortgagee'), evidenced by a note (or bond)
<br />and secured by a real property mortgage (or trust deed) (said note or bond and real property mortgage or trust deed are heroinafter referred W as the
<br />"Mortgage ") and the Mortgagor represents and agrees as follows:
<br />(l) Mortgagor is now the owner and holder of the real property encumbered by said Morttgage, recorded in the public ecords in the County of
<br />Hall _,state of _ NE , in book, __ _ �_ , page __ T__ _, or document or file number
<br />85.001220 -- Lot Twenty -Seven (27), Eagle(aood Acres Subdivision, Hall County, Nebraska
<br />(2) Under the terms of said Mortgage, there remains unpaid as of the first day of the month in which this Agreement is made, the sum of
<br />$ 53, 439.65 , for principal,: 4, 550.90 for interest thereon, $ 1, 510.73 , foradvances made by the Mortgagee there•
<br />under, and 5 0.00 for interest on such advances, aggregating a total sum off 59, 501.28 , for which amount the Mortgagor
<br />is indebted to the Mortgages under said Mortgage, which is a valid lion, to which Mortgagor has no defenses, offsets or counterclaims.
<br />(3) Mortgagor hereby deposits with the Mortgagee the sum of S. 0.00 which is to be applied upon the present balance due on the i
<br />principal of said Mortgage, (including advances, if any), and the aunt of i which is to be applied upon the delinquent interest due
<br />upon said principal (and advances, if any); application of said eopcar:ed amounts is to be made as ofthe effective date of this modification or extension,
<br />which if not executed by Mortgagee, shall be returned to the Mortgagor.
<br />14tMortitepor almeer metprmpor iuprd :aotuti,al r-r ertanrl•••: rri:,:.•., t,. G,u pby tuent r11'aa d indPhtedws by r•�• taing'nr pa_ min• r•:
<br />the balance of the principal, including any unpaid interest due thereon, (after the deposit@ aforementioned have been applied thereto)," follows: Said
<br />total balance of li 59, 501.28 ,_ is to be paid, with interest at the some rate per annum stipulated in the Morrgsva. nn the ••npnid bAIvinM in
<br />* *anti
<br />equal monthly installments of = - (exclusive of sums required W be deposited for the payment of taxes, insurance, etc.), the first of
<br />said installments shall become due and payable on the day of _ 111l It February 1 _, 199--g-, and the remaining installments,
<br />successively, on the day of each and every month thereafter, until said mortgage indebtedness is fully paid, except that if not sooner paid, the final
<br />payment of principal and interest shall be due and payable on the day of _ JdTlllarjl __ . _ _ . _ __ .. _ , Illt 16 which in the present or
<br />extended maturity date.
<br />(6) Mortgagor agrees to make the gsyments as specified in paragraph (4) hereof and undec%-.,inds and agrtwas ditat:
<br />(a) All the rights and remedien..stipulations• and conditions contained in mid Mortgage re9uting to dotauN in the making of payments under the
<br />Mortgage shall also aW,,y eo defoutc in the making of said modified payments itt•reunder.
<br />(b) All covenants. agreaments. stipulations and conditions in said Morthage shall be and remain in cull foroo and effect, except as herein
<br />modified, and none of the IVl!ortgegoc' :+btigaUona or liabilities under wtd Mortgage shall be t:- .am,nished or released by art w ;provisions hereof; nor shs'l
<br />this Agreement in any way impair_ 4imnish, or affect any of dw Mortgagee's righte under .,r remedies on the Mortgage. whether such rights or
<br />remedies arise thereunder or by operation of low. Also, all rights of recourse t1, whidi the Mortgagee 1s presently entitled against any property or any
<br />other persons in any way obligated for or liable on the Mortgage, are expressly ve rued by the Mortgagee.
<br />(c) All cats and expenses incurred by Mortgagee in connection with this Agreoment. mcludmg recording fees, title esemtnation, find attorney's
<br />fees, shall be paid by Mortgagor and shall be wcured by said Mortgage.
<br />(d) Mortgagor agrees to make and execute such other documents or papers as muy r ..ecessary or required to effectuate the terms and condition -
<br />of this Agreement which, if approved and accepted by the Mortgagee, shall hand and inure to the heirs, executors, administrators, and assigns of the
<br />Mortgagor. ** *Sea, attac'tied rider
<br />102
<br />Fannie Mite
<br />Fn, 1a1 A.— PA
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