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� m cai, <br /> � ._ <br /> � � � �� M� �� <br /> � ° � � .. � <br /> � � � <br /> � � C.O � D <br /> �'1 <br /> � � � m � �� <br /> � � rn � � o ' � `� <br /> °Q � � -�n� � , p Z ,� � <br /> � o` S rTi N <br /> � O m �� � A ca � ..� <br /> `+) p � r n � � <br /> N N � <br /> - ���0 � v D � '-1� <br /> � 99 � ° � <br /> v <br /> � <br /> I� � DEED OF TRUST MODIFICATION AGREEMENT <br /> (Variable Rate to Fixed) <br /> �/, <br /> THIS DEED OF TRUST MODIFICATION AGREEIV[ENT made and executed this � <br /> �t.h day of Anr; 1 , 199�, by and between ANITA L. CARLGREN, a single <br /> person <br /> � <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, Bonower did execute Adjustable Rate Note payable to the order of the <br /> Lender in the total original amount of SIXTY SIX THOUSAND AND NO/100----------blollars <br /> ($ 66,000.00 �• <br /> , <br /> WI-�EREAS, the Note described above was secured by a Deed of Trust with Adjustable <br /> Rate Rider dated August 26 , 199�, filed of record in the Office of the <br /> HALL County Register of Deeds on August 27 , 199� as <br /> Document No. 96-106716 in respect to that real estate described as: <br /> LOTS TWO (2) AND THREE (3), IN GRACE LUTHERAN CHURCH SUBDIUISION, AN ADDITION <br /> TO THE CITY OF 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 /> presentiy remaining indebtedness from and after the date hereinafter�pecified 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 I�ay 1 <br /> 199 9, the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove � <br /> identified shall accrue interest at a fixed rate of Seven and one-quartepercent ( 7.25%) <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 rate. <br /> The final maturity of such indebtedness as modified, secured by such Deed of Trust shall be <br /> _April l, 20DZ , notwithstanding any other date of maturity="vuhich may"have <br /> been specified in the Deed of Trust hereinabove identified. . � ' <br /> ... � _ . �r <br /> 2. Continuin�Effect. Except as specifically modified by this Deed of Trust Modification <br /> Agreement, all other terms and provisions of the Deed of Trust with Adjustable Rate Rider <br /> hereinabove identified shall remain in full force and effect. <br /> -1- <br />