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<br /> ����� Amendment to Mortgage/Deed of Trust �
<br /> NORWEST BANKS ,� (HEALOC)
<br /> ::':: ���j L C �1.�� �
<br /> This Amendment to Mortgage/Deed of Trust("Amendment')is made as of this � day of M a y , 19 9 9
<br /> by and between Norwest Bank N e b r a s k a , N a t i o n a 1 A s s o c i a t i o n , having its office at
<br /> 202 West 3rd Grand Island , Ne . 68801 (the "Lender"), and
<br /> Richard A. Fredricks and Claudia G . Fredricks , hus an an wife
<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"), a n d w i f e
<br /> � Richard A. Fredricks and Claudia G . Fredricks , husban�ferredtoasthe "Borrower"),
<br /> which is dated M ay 5 , 19 9 4 , under which the Lender has extended to the Borrower a revolving line
<br /> of credif(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 fhe revolving line of credit evidenced by the Note currently is$ 3 0, 0 0 0 . 0 0
<br /> B. 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 M a y S , �g 9 4 , (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 fhe Mortgage. The Mortgage was originally filed for record on M a v 18 , �g 9 4 ,
<br /> in the office of the R e i s t e r o f e e s of H a 11 County,
<br /> as Document No. 9 4-10 413 C R� in BooWRoll Page/Image .
<br /> C. ln connection with the origina/filing of the Mortgage, a mortgage registry tax was paid to the Treasurer of such county in the amount
<br /> of$ on , 19 , and that Treasurer placed his/her
<br /> stamp on the Mortgage, such stamp bearing number �
<br /> D. The Mortgagor acknowledges thai the Mortgage is valid and enforceable and represents the Mortgagor's legal and binding
<br /> obligations, free and c/ear of any c/aim, defense or offset.
<br /> E. The Mortgagor and the Bank now desire to amend fhe Mortgage to ref/ecf certain changes to the Borrower's revolving line of credit
<br /> with the Bank that is secured by the Mortgage.
<br /> F• Lot 1 , Block 2 , Wieser Subdivision , City of Grand Island , Hall County ,
<br /> Nebraska
<br /> Agreement
<br /> According/y, in consideration of the premises and other good and valuab/e consideration, each paid to the other, the parties to this
<br /> Agreement agree as fol/ows:
<br /> �HEALOC Modification Agreement. The Borrower has executed and delivered to the Bank a HEALOC Modification Agreement
<br /> dated M a y 3 , 19 9 9 (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 /> principa/amount of$
<br /> [� E�rtension of Maturity Date. The revolving/ine of credit wi/l terminate and the entire unpaid principal ba/ance outstanding on
<br /> the Note, together with any unpaid finance charges and other charges, will be due and payab/e in full on M a y 3 , 2 0 0 9 .
<br /> Until such date, the Borrower agrees to make the monthly payments as disclosed in the Noie, or if modified by the HEALOC
<br /> Modification Agreement, as disclosed in the HEALOC Modification Agreement. u n d e r
<br /> ❑X Increased Rate of Finance Charge. The daily periodic rate is now equal to 1/365 of . 5 0 /��g�the "Index Rate." The
<br /> "Index Rate"is the variab/e 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"Money Rates"table.
<br /> ❑ the 91-day Treasury Bill Rate(established at/ast auciion average on a discount basis, rounded fo the nearest.10%).
<br /> ❑
<br /> Each reference in the Mortgage to fhe "Note"shal/be deemed on and after the date of this Amendmenf to refer to the Note as it is
<br /> now amended by the Modification, together 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(12-96-180019-P)CO,MN,MT,ND,NE,NM,OH,SD,WY
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