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<br />Prepared by Ellen Golden
<br />After Recording Return to
<br />The Law Office of David J. Stern
<br />801 South University Drive, Suite 500
<br />Plantation, Florida 33324
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<br />[Space Above This Line For Recording 1
<br />LOAN MODIFICATION AGREEMENT
<br />FHA Case #321 - 1177760 -748 AAMG Mortgage Loan #797347
<br />This Loan Modification Agreement ( "Agreement "), made this 17th day of July 2001, between Linda S.
<br />Warner, a single woman and ABN Amro Mortgage Group, Inc. ( "Lender "), amends and supplements (1) the
<br />Mortgage, Deed of Trust or Deed to Secure Debt (the "Security Instrument "), to Superior Mortgage, Inc. in the
<br />original principal amount of $29,300.00 dated June 1, 1987, filed June 3, 1987 in O.R. Book 87- 103268; as
<br />assigned to ABN Amro Mortgage Group, Inc. successor by merger to Atlantic Mortgage & Investment
<br />Corporation, filed November 20, 1998, as Document No. 98- 111418 of the Public Records of Hall County,
<br />Nebraska (2) the Note bearing the same date as, and secured by, the Security Instrument, which covers the real
<br />and personal property described in the Security Instrument and defined therein as the "Property", 104 110' East,
<br />Grand Island, Nebraska 68801, the real property described being set forth as follows:
<br />THE PROPERTY AS DESCRIBED IN THE MORTGAGE REFERRED TO HEREIN ABOVE
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows
<br />(notwithstanding anything to the contrary contained in the Note or Security Instrument):
<br />As of August 1, 2001 the amount payable under the Note and the Security Instrument (the "Unpaid Principal
<br />Balance") is U.S. $28,059.89, consisting of the amount(s) loaned to the Borrower by the Lender and interest
<br />capitalized to date in the amount of $3,012.20.
<br />The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interest
<br />will be charged on the Unpaid Principal Balance at the yearly rate of 8.50 %, from July 1, 2001. The
<br />Borrower promises to make monthly payments of principal and interest of U.S. $243.51 beginning on
<br />August 1, 2001, and continuing thereafter on the same day of each succeeding month until principal and
<br />interest are paid in full. If on July 1, 2031 (the "Maturity Date "), the Borrower still owes amounts under the
<br />Note and the Security Instrument, as amended by this Agreement, the Borrower will pay these amounts in
<br />full on the Maturity Date. The Borrower will make such payments at Atlantic Mortgage & Investment
<br />Corporation, 7159 Corklan Drive, Jacksonville, FL 32258 or at such other place as the Lender may require.
<br />If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in the
<br />Borrower is sold or transferred and the Borrower is not a natural person) without the Lender's prior written
<br />consent, the Lender may, at its option, require immediate payment in full of all sums secured by this Security
<br />Instrument. If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The
<br />Notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within
<br />which the Borrower must pay all sums secured by this Security Instrument. If the Borrower fails to pay
<br />these sums prior to the expiration of this period, the Lender may invoke any remedies permitted by this
<br />Security Instrument without further notice or demand on the Borrower.
<br />The Borrower also will comply with all other covenants, agreements, and requirements of the Security
<br />Instrument, including without limitation, the Borrower's covenants and agreements to make all payments of
<br />taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower
<br />is obligated to make under the Security Instrument; however, the following terms and provisions are forever
<br />canceled, null and void, as of the date specified in paragraph No. 1 above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for,
<br />implementing, or relating to any change or adiustment in the rate of interest payable
<br />under the Note; and
<br />(b) all terms and provisions of any adjustable rate rider or other instrument or
<br />document that is affixed to, wholly or partially incorporated into, or is part of, the Note
<br />or Security Instrument and that contains any such terms and provisions as those
<br />referred to in (a) above.
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<br />[Space Above This Line For Recording 1
<br />LOAN MODIFICATION AGREEMENT
<br />FHA Case #321 - 1177760 -748 AAMG Mortgage Loan #797347
<br />This Loan Modification Agreement ( "Agreement "), made this 17th day of July 2001, between Linda S.
<br />Warner, a single woman and ABN Amro Mortgage Group, Inc. ( "Lender "), amends and supplements (1) the
<br />Mortgage, Deed of Trust or Deed to Secure Debt (the "Security Instrument "), to Superior Mortgage, Inc. in the
<br />original principal amount of $29,300.00 dated June 1, 1987, filed June 3, 1987 in O.R. Book 87- 103268; as
<br />assigned to ABN Amro Mortgage Group, Inc. successor by merger to Atlantic Mortgage & Investment
<br />Corporation, filed November 20, 1998, as Document No. 98- 111418 of the Public Records of Hall County,
<br />Nebraska (2) the Note bearing the same date as, and secured by, the Security Instrument, which covers the real
<br />and personal property described in the Security Instrument and defined therein as the "Property", 104 110' East,
<br />Grand Island, Nebraska 68801, the real property described being set forth as follows:
<br />THE PROPERTY AS DESCRIBED IN THE MORTGAGE REFERRED TO HEREIN ABOVE
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows
<br />(notwithstanding anything to the contrary contained in the Note or Security Instrument):
<br />As of August 1, 2001 the amount payable under the Note and the Security Instrument (the "Unpaid Principal
<br />Balance") is U.S. $28,059.89, consisting of the amount(s) loaned to the Borrower by the Lender and interest
<br />capitalized to date in the amount of $3,012.20.
<br />The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interest
<br />will be charged on the Unpaid Principal Balance at the yearly rate of 8.50 %, from July 1, 2001. The
<br />Borrower promises to make monthly payments of principal and interest of U.S. $243.51 beginning on
<br />August 1, 2001, and continuing thereafter on the same day of each succeeding month until principal and
<br />interest are paid in full. If on July 1, 2031 (the "Maturity Date "), the Borrower still owes amounts under the
<br />Note and the Security Instrument, as amended by this Agreement, the Borrower will pay these amounts in
<br />full on the Maturity Date. The Borrower will make such payments at Atlantic Mortgage & Investment
<br />Corporation, 7159 Corklan Drive, Jacksonville, FL 32258 or at such other place as the Lender may require.
<br />If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in the
<br />Borrower is sold or transferred and the Borrower is not a natural person) without the Lender's prior written
<br />consent, the Lender may, at its option, require immediate payment in full of all sums secured by this Security
<br />Instrument. If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The
<br />Notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within
<br />which the Borrower must pay all sums secured by this Security Instrument. If the Borrower fails to pay
<br />these sums prior to the expiration of this period, the Lender may invoke any remedies permitted by this
<br />Security Instrument without further notice or demand on the Borrower.
<br />The Borrower also will comply with all other covenants, agreements, and requirements of the Security
<br />Instrument, including without limitation, the Borrower's covenants and agreements to make all payments of
<br />taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower
<br />is obligated to make under the Security Instrument; however, the following terms and provisions are forever
<br />canceled, null and void, as of the date specified in paragraph No. 1 above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for,
<br />implementing, or relating to any change or adiustment in the rate of interest payable
<br />under the Note; and
<br />(b) all terms and provisions of any adjustable rate rider or other instrument or
<br />document that is affixed to, wholly or partially incorporated into, or is part of, the Note
<br />or Security Instrument and that contains any such terms and provisions as those
<br />referred to in (a) above.
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