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<br />' This Document Prepared By: Brenda H n
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<br />Atlantic Mortgage & Investment Corporati n
<br />7159 Corklan Drive
<br />Jacksonville, FL 32258
<br />Investor: GNMA
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<br />CORRECTIVE LOAN MODIFICATION AGREEMENT
<br />(Providing for Fixed Interest Rate)
<br />FHA Case #321 - 1177760 -748 AAMG Loan #797347
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<br />This Loan Modification Agreement ( "Agreement "), made this 20th day of September, 2001, between
<br />Linda S. Warner, a single woman ( "Borrower ") and ABN AMRO MORTGAGE GROUP, INC., SUCCESSOR BY
<br />MERGER TO ATLANTIC MORTGAGE & INVESTMENT CORPORATION *( "Lender "), amends and
<br />supplements (1) the Mortgage, Deed of Trust or Deed to Secure Debt (the "Security Instrument"), to Superior
<br />Mortgage, Inc. in the original principal amount of $29,300.00 dated June 1, 1987 and, filed June 3, 1987 in Official
<br />Records Book 87- 103268, as assigned to ABN AMRO MORTGAGE GROUP, INC., SUCCESSOR BY MERGER
<br />TO ATLANTIC MORTGAGE & INVESTMENT CORPORATION filed November 20, 1998 as Document No. 98-
<br />111418 of the Public Records of Hall County , State of Nebraska and (2) the Note bearing the same date as, and
<br />secured by, the Security instrument, which covers the real and personal property described in the Security
<br />Instrument and defined therein as the "Property ", located at 104 10 East, Grand Island, Nebraska 68801, the real
<br />property described being set forth as follows.
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<br />THE PROPERTY AS DESCRIBED IN THE MORTGAGE REFERRED TO HEREIN ABOVE.
<br />Tziss is bD c , tb& certain ]CM anchfirmhon c-9mea t d*ad July 17, 2W and ieorathd
<br />c:kx m nd Pr 11, 2M in dal Pecomb as In. ND. 201 -09215 in Pd3hc Feamb cf H:LU G unty,
<br />�e�t�irsr�it'hanged, the parties hereto agree as follows
<br />(notwithstanding anything to the contrary contained in the Note or Security Instrument):
<br />1. As of August 1, 2001, the amount payable under the Note and the Security Instrument (the "Unpaid
<br />Principal Balance ") is U.S. $28,059.89 consisting of the amount(s) loaned to the Borrower by the Lender
<br />and any interest capitalized to date in the amount of $3,102.20.
<br />The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender.
<br />Interest will be charged on the Unpaid Principal Balance for the first year at the yearly rate of 8.5% from
<br />July 1, 2001. The Borrower promises to make monthly payments of principal and interest of U.S. $243.51,
<br />beginning on the 15` day of August 2001, and continuing thereafter on the same day of each succeeding
<br />month until principal and interest are paid in full. If on July 1, 2021_(the "Maturity Date "), the Borrower
<br />still owes amounts under the Note and the Security Instrument, as amended by this Agreement, the
<br />Borrower will pay these amounts in full on the Maturity Date.
<br />The Borrower will make such payments at Atlantic Mortgage & Investment Corporation, 7159 Corklan
<br />Drive, Jacksonville, FL 32258 or at such other place as the Lender may require.
<br />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
<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
<br />Security Instrument.
<br />If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The notice
<br />shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which
<br />the Borrower must pay all sums secured by this Security Instrument. If the Borrower fails to pay these
<br />sums prior to the expiration of this period, the Lender may invoke any remedies permitted by this Security
<br />Instrument without further notice or demand on the Borrower.
<br />4. 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 im o
<br />is- oblig-meer-m rnakr und_er-lIie35ecurrt`y Instrument; however, the following terms and provisions are
<br />forever 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, implementing,
<br />or relating to, any change or adjustment in the rate of interest payable under the Note: and
<br />b) all terms and provisions of any adjustable rate rider or other instrument or document that is affixed
<br />to, wholly or partially incorporated into, or is part of, the Note or Security instrument and that
<br />contains any such terms and provisions as those referred to in (a) above.
<br />LOAN MODIFICATION AGREEMENT -- Single Family -- Fannie Mae Uniform Instrument Form 3179 2/88
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