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<br /> 99 109672 °
<br /> � j �� a�ys�
<br /> �;p�; Amendment to Mortgage/Deed of Trust o
<br /> IIfORWEST BANKS �
<br /> .���� (HEALOC) Q
<br /> ����s�
<br /> This Amendment to Mortgage/Deed of Trust("Amendment")is made as of this � day of August , 19 99
<br /> by and between Norwest Bank NehraGka, Nat;�nal Assoc�at�e� , having its office at
<br /> 202 West Third StrPPt� C;rand Tsland� NE 6��91 (the "Lender"), and
<br /> Eric A_ Bancnn ar,�l .TPanette L ���s9� �8�9'�� ������5
<br /> (whether one or more, the "Mortgagor").
<br /> Recitals
<br /> A. The Lender is the ho/der of the Home Equity Access Line Agreement of.�
<br /> ❑the Mortgagor(a/so referred to as the "Borrower'),
<br /> � Er;� A, RenOe; a;.� dea�e��e �: �e�se��ae���t�—a�-�€� (referred to as the "Borrower'),
<br /> which is dated Julv 7 , 19 2�, under which the Lender has extended to the Borrower a revolving 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$ 40,�00_00 .
<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 July 7 , 19 94 , (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 July 18 , 19 94 ,
<br /> in the office of the ReQister of Deeds of Hall County,
<br /> as Document No. 94-106122 in Book/Roll ----- Page/Image -----
<br /> C. In connection with the original filing of the Mortgage,a mortgage registry tax was paid to the Treasurer of such counry 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 that the Mortgage is valid and enforceable and represents the Mortgagor's lega/and binding
<br /> obligations, free and clear of any claim, defense or offsef.
<br /> E. The Mortgagor and the Bank now desire io 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 4, Block 4, Ashton Place, City of Grand Island, 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 to the Bank a HEALOC Modification Agreement
<br /> dated Augu�r_ 3 , 19 2� (the "Modification"), which modifies the Nofe as follows:
<br /> ❑ Change in Credit Limit The Borrower's maximum credit limit under the revolving line of credit is changed to a maximum I
<br /> principal amount of$
<br /> � Extension of Maturity Date. The revolving/ine of credit wi/l terminate and the entire unpaid principal ba/ance outstanding on I
<br /> the Note, together with any unpaid finance charges and other charges, will be due and payable in fu/l on A„g,�Gr �, 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 Agreement.
<br /> � Increased Rate of Finance Charge. The daily periodic rate is now equal to 1/365 of �� %over the "lndex Rate." The
<br /> "Index Rate"is the variable reference rate, adjusted in accordance with fhe Note(if previously modified, as so modified), which is:
<br /> � the highest prime rate published in the Wall Street Journal"Money Rates"fable.
<br /> ❑ the 91-day Treasury Bill Rate(established 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 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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