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£60Z00Z0Z Return Filed Documents To: West Gate Bank PO Box 67069 Lincoln, NE 68506-7069 [Space Above This Line For Recording Date] n A1'TE�IIII. Ci..TCCiIAC-P114:,l'11x1_14-1 17 (Providing for Fixcc1 Interest Rate) 0J ) 3 CO C11 c.J 1 This Loan Modification Agreement ("Agreement"), made this 1_ day of Jkarc , Zo20 between Roger P Mace and Holly L Mace ("Borrower") and West Gate Ban': ("Lender"), amends and supplements (1) the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") dated November 20, 2017 as instrument No. 20r/07950, of the Records of'iall County, Nebraska and (2) the Note, bearing the same date as, and secured by, the Security Instrument, which covers the teal and personal property described in the Security Instrument and d.fined therein as the "Property", located at 667 E Ashton Ave, Grand Island, NE 68801 (Property Address) the real property described being set forth as follows: Lot 1, Block Meves First fLddition to the City of Grand Island, Hall County, Nebraska. APN#: 4000525/8 In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows (notwithstanding anything to the contrary contained in the Note or Security instrument): 1. As of April 1, 2020, the amount payable under the Note and the Security Instrument (the "New Principal Balance") is U.S. $117,558.36 consisting of the unpaid amount(s) loaned to Borrower by Lender plus any interest and other amounts capitalized. 2. $ 4,444.67 of the New Principal Balance shall be deferred (the "Deferred Principal Balance") and Borrower will not pay interest or make monthly payments on this amount. The New Principal Balance less the DefelTed Principal :3alance shall be referred to as the "Interest Bearing Principal Balance" and this amount is $ 113,113.69. Interest will be charged on the Interest Bearing Principal Balance at the yearly rate of 3.75% from March 1, 2020. Borrower promises to make monthly payment! of principal and interest of 'U.S. $ 455.31, beginning on the 1st day of April 1, 202.0, and continuing thereafter on the same day of each succeeding month until the Interest Bearing Principal Balance and all accrued interest thereon have been paid in full. The yearly rate of 3.75% will remain in effect until the Interest Bearing Principal Balance and all accrued interest thereon have been paid in full. The new Maturity Date will be March 1, 2060. 3. Borrower agrees to pay in full the Deferred Principal Balance and any other amounts still owed under the Note and Security Instrument by the earliest of: (i) the date Borrower sells or transfers an interest in the Property, (ii) the date Borrower pays the entire Interest Bearing Principal Balance, or (iii) the new Maturity Date. 4. If all or any part of the Property or any interest in the Property is sold or transferred (or if Borrower is not a natural person and a Leneficial interest in Borrower is sold or transferred) without Lender's prior written LOAN MODIFICATION AGREEMENT—Single Family—Fannie Mac UNIFORM INSTRUMENT Form 3179 1/01 (rev. 4/14) (page 1 of 4)