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<br /> WHEN RECORDED MAII T0:
<br /> NORWEST BANK IOWA
<br /> P, 0. BOX 93344
<br /> ALBUQUERQIJ�, NM 8719g-3344
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<br /> ;;;�; Amendment to Mortgage/Deed of Trust
<br /> NORWE5IBANKS
<br /> ■■■�■ (HEALOC)
<br /> ������
<br /> This Amendment to Mortgage/Deed of Trust("Amendment')is made as of this �2 day of Ma� , 19��
<br /> by and between Norwest Bank NEBRASKA. NATIONAL ASSO TATTON , having its office at
<br /> 202 WesY Thi rd, (;rand T�1 anrl, NF h£�£inl (the "Lender'), and
<br /> Mi 1 on al l i a t anri Mar� R_ (;al l i art, HnGhancl an�l Wi fP
<br /> (whether one or more, the "Mortgagor").
<br /> Recitals
<br /> A. The Lender is the holder of the Home Equity Access Line Agreement of.•
<br /> ❑the Mortgagor(also referred to as the "Borrower"),
<br /> � Milton G Gall;art and Mar�r -E (;al l;ar (referred to as the "Borrower"),
<br /> which is dated May 25 , 19�[ _, under which the Lender has extended to the Borrower a revo/ving line
<br /> of credit(such Home Equity Access Line Agreement, together with any modifications to it made prior to the date of this Amendment,
<br /> referred to as the "Note'). The credit limit for the revolving line of credit evidenced by the Note currently is$ 1 S,0��_�0 .
<br /> 8. To secure payment of the amounts outstanding under the Note, the Mortgagor has given a mortgage or deed of trust to the Lender
<br /> dated Ma� �5, , 19�L� , (such mortgage or deed of trust, together with any modifications to it made
<br /> prior to the date of this Amendment, referred to as the "Mortgage"), covering and placing a lien upon the real property more
<br /> particularly described in the Mortgage. The Mortgage was originally filed for record on June 22 , 19 94 ,
<br /> in the office of the Register of Deeds of Hall Counry
<br /> as Document No. 94-105378 in BooWRoll Page/Image .
<br /> C. ln connection with the original filing of the Mortgage, a mortgage registry tax was paid to the Treasurer of such county in the amount
<br /> of$ N/A on N/A , 19 ,and that Treasurer placed his/her
<br /> siamp on the Mortgage, such stamp bearing number
<br /> D. The Mortgagor acknowledges that the Mortgage is valid and enforceable and represents the Mortgagor's legal and binding
<br /> obligations, free and clear of any claim, defense or offset.
<br /> E. The Mortgagor and the Bank now desire to amend the Mortgage to reflect certain changes to the Borrower's revolving line of credit
<br /> with the Bank that is secured by the Mortgage.
<br /> F.
<br /> Lot 5, Block 115, Railroad Addition to the City of Grand Isiand, Hall County, Nebraska.
<br /> Agreement
<br /> Accordingly, in consideration of the premises and other good and valuable consideration, each paid to the other, the parties to this
<br /> Agreement agree as follows:
<br /> �HEALOC Modification Agreement The Borrower has executed and delivered io the Bank a HEALOC Modification Agreement
<br /> dated _ Ma� 19 , 19_g.� (the "Modification'), which modifies the Note as follows:
<br /> � Change in Credit Limit The Borrower's maximum credit limit under the revolving line of credit is changed to a maximum
<br /> principal amount of$ 25�000.00
<br /> � Extension of Maturity Date. The revolving line of credit will terminate and the entire unpaid principal balance outstanding on
<br /> the Note, together with any unpaid finance charges and other charges, will be due and payable in full on Mav 19. 2009
<br /> Until such date, the Borrower agrees to make the monthly payments as disclosed in the Note, or if modified by the HEALOC
<br /> Modification Agreement, as disclosed in the HEALOC Modification Agreemeni.
<br /> � lncreased Rate of Finance Charge. The daily periodic rate is now equal to 1/365 of n��n /over the "Index Rate." The
<br /> "Index Rate"is the variable reference rate, adjusted in accordance with the Note(if previously modified, as so modified), which is:
<br /> � the highest prime rate published in the Wall Street Journal"Mon.ey Rates"table.
<br /> ❑ the 91-day Treasury Bill Rate(esiablished at last auction average on a discount basis, rounded to the nearest.10%).
<br /> ❑
<br /> Each reference in the Mortgage to the "Note"shall be deemed on and after the date of this Amendment to refer to the Note as it is
<br /> now amended by fhe Modificafion, togefher with any future extensions, modifications, or renewals thereof. The lien of the Mortgage
<br /> shall continue to secure the revolving line of credit, which is now evidenced by the modified Note.
<br /> NC 12506 MTG(12-96-780019-P)CO,MN,MT,ND,NE,NM,OH,SD,WY
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