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99108310
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Last modified
3/13/2012 7:02:15 PM
Creation date
10/21/2005 12:27:03 AM
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DEEDS
Inst Number
99108310
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� = v <br /> e ti . .!�Q�s�1.�C ^ _ <br /> �..` , �, Z � = <br /> n � <br /> � s N . .,�� c a � n� <br /> � � .;_'. z -i c� �„ <br /> � - � � � ..�� rn cD =D <br /> � o`� F"' o -�+i cp G. <br /> � � � <br /> o �`a � = rn � y <br /> m, � L .� n oo O � <br /> c, �1 � r � � <br /> � v, � r n � � <br /> � � <br /> C�,, � w � <br /> � N v v �a �'D <br /> 9-i������ `:�' �, � <br /> � � � <br /> DEED OF TRUST MODIFICATION AGREEMENT <br /> (Variable Rate to Fixed) <br /> �'/ <br /> THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this � <br /> llth day of AuQUSt , 1999 , by and between JOSEPH U. DEmBOWSKI AND CONNIE <br /> J. DEf�80WSKI, husband and wife <br /> hereinafter refened to as"Borrower", and HOME FEDERA�, SA�GS 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 TWENTY THOUSAND AND NO/100------------�ollars <br /> ($ 20,000.00 )• <br /> � <br /> WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable <br /> Rate Rider dated may 2, , 1994 , filed of record in the Office of the <br /> HAI_L County Register of Deeds on i�ay 11 , 199 4 as <br /> Document No. g4-103925 in respect to that real estate described as: � <br /> LOT FIUE (5), AND THE SOUTHERLY ONE-HALF (S1/2) OF LOT THREE (3), IN BLOCK <br /> SIX (6) , UNIUERSITY PLACE, AN ADDITION TO THE CITY OF GRAND ISI_AND, HALL <br /> 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 /> presently remaining indebtedness from and after the date hereinafter specified 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 agree�i: <br /> 1. Interest Rate and Maturity Modification. Commencing effective September 1 <br /> 199� the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove � <br /> identified shall accrue interest at a fixed rate of seven & One-Half percent ( 7•500�0� <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 inte►-est rate. <br /> 1"t�a�nal maturity of such indebtedness as modified, secured by such Deed of Trust shall be <br /> �ugust 1, 200� , notwithstanding any other date of maturity which may have <br /> been specified in the Deed of Trust hereinabove identified. <br /> � <br /> 2. Continuing 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 />
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