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This Loan Modification Agreement ( "Agreement "). Made this.....24........... day of. ..... September, 2004............
<br />between ...............Adam J. Wozny and Lesley L. Loeffelbein- Wozny, husband and wife ................. ( "Borrower ")
<br />and... Commercial Federal Bank .............( "Lender "). amends and supplements (1) the Mortgage Deed of Trust or Deed to Secure
<br />Debt (the "Security Instrument ") dated... July 15, 1999...... and recorded in Document Number .....0099107105...... ... ...of the
<br />....... Official ...... Records of .............Hall County, Nebraska..... ...............................
<br />[Name of Records] [County and State or other Jurisdiction]
<br />and (2) the Note bearing the same date as and secured by, the Security Instrument, which covers the real and personal property
<br />described in the Security Instrument and defined therein as the "Property ", located at ... ...............................
<br />....516 West Charles, Grand Island, NE 68801 .........................
<br />[Property Address]
<br />the real property described being set forth as follows:
<br />LOT SIX (6), IN BLOCK ONE HUNDRED AND THREE (103), IN KOEING AND WIEBE'S ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows (notwithstanding
<br />anything to the contrary contained in the Note or Security Instrument):
<br />1. As of...October 1, 2004..., the amount payable under the Note and the Security Instrument (the "Unpaid Principal
<br />Balance ") is U.S. $thirty three thousand nine hundred thirty dollars and eighteen cents ($63,930.18)..., consisting
<br />of the amount(s) loaned to the Borrower by the Lender and any interest capitalized to date.
<br />2. The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interest will be
<br />charged on the Unpaid Principal Balance at the yearly rate of ...7.03...% from ...November 1, 2004....... The
<br />Borrower promises to make monthly payments of principal and interest of U.S. $...454.19.... beginning on the
<br />...1st...... day of ... November 1, 2004..... and continuing thereafter on the same day of each succeeding month until
<br />principal and interest are paid in full. If on ...August 1, 2029...... (the "Maturity Date "), the Borrower still owes
<br />amounts under the Note and the Security Instrument as amended by this Agreement, the Borrower will pay these
<br />amounts in full on the Maturity Date. The Borrower will make such payments at ......... P.O. Box 3220 Omaha, NE
<br />68103 .. ............................... 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 Borrower is
<br />sold or transferred and the Borrower is not a natural person) without the Lender's prior written consent, the Lender may,
<br />at its option, require immediate payment in full of all sums secured by this Security Instrument.
<br />If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The notice shall provide a
<br />period of not less than 30 days from the date the notice is delivered or mailed within which the Borrower must pay all
<br />sums secured by this Security Instrument. If the Borrower fails to pay these sums prior to the expiration of this period,
<br />the Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on the
<br />Borrower.
<br />4. The Borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument,
<br />including without limitation, the Borrower's covenants and agreements to make all payments of taxes, insurance
<br />premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make under
<br />the Security Instrument: however, the following terms and provisions are forever canceled, null and void, as of the date
<br />specified in paragraph No. I above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for, implementing, or relating to, any
<br />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 to, wholly or
<br />partially incorporated into, or is part of, the Note or Security Instrument and that contains any such terms and
<br />provisions as those referred to in (a) above.
<br />LOAN MODIFICATION AGREEMENT - Single Family- Fannie Mae Uniform Instrument (page 3 1 o 2 pages)
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<br />LOAN MODIFICATION AGREEMENT
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<br />(Providing for Fixed Interest Rate)
<br />This Loan Modification Agreement ( "Agreement "). Made this.....24........... day of. ..... September, 2004............
<br />between ...............Adam J. Wozny and Lesley L. Loeffelbein- Wozny, husband and wife ................. ( "Borrower ")
<br />and... Commercial Federal Bank .............( "Lender "). amends and supplements (1) the Mortgage Deed of Trust or Deed to Secure
<br />Debt (the "Security Instrument ") dated... July 15, 1999...... and recorded in Document Number .....0099107105...... ... ...of the
<br />....... Official ...... Records of .............Hall County, Nebraska..... ...............................
<br />[Name of Records] [County and State or other Jurisdiction]
<br />and (2) the Note bearing the same date as and secured by, the Security Instrument, which covers the real and personal property
<br />described in the Security Instrument and defined therein as the "Property ", located at ... ...............................
<br />....516 West Charles, Grand Island, NE 68801 .........................
<br />[Property Address]
<br />the real property described being set forth as follows:
<br />LOT SIX (6), IN BLOCK ONE HUNDRED AND THREE (103), IN KOEING AND WIEBE'S ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows (notwithstanding
<br />anything to the contrary contained in the Note or Security Instrument):
<br />1. As of...October 1, 2004..., the amount payable under the Note and the Security Instrument (the "Unpaid Principal
<br />Balance ") is U.S. $thirty three thousand nine hundred thirty dollars and eighteen cents ($63,930.18)..., consisting
<br />of the amount(s) loaned to the Borrower by the Lender and any interest capitalized to date.
<br />2. The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. Interest will be
<br />charged on the Unpaid Principal Balance at the yearly rate of ...7.03...% from ...November 1, 2004....... The
<br />Borrower promises to make monthly payments of principal and interest of U.S. $...454.19.... beginning on the
<br />...1st...... day of ... November 1, 2004..... and continuing thereafter on the same day of each succeeding month until
<br />principal and interest are paid in full. If on ...August 1, 2029...... (the "Maturity Date "), the Borrower still owes
<br />amounts under the Note and the Security Instrument as amended by this Agreement, the Borrower will pay these
<br />amounts in full on the Maturity Date. The Borrower will make such payments at ......... P.O. Box 3220 Omaha, NE
<br />68103 .. ............................... 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 Borrower is
<br />sold or transferred and the Borrower is not a natural person) without the Lender's prior written consent, the Lender may,
<br />at its option, require immediate payment in full of all sums secured by this Security Instrument.
<br />If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The notice shall provide a
<br />period of not less than 30 days from the date the notice is delivered or mailed within which the Borrower must pay all
<br />sums secured by this Security Instrument. If the Borrower fails to pay these sums prior to the expiration of this period,
<br />the Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on the
<br />Borrower.
<br />4. The Borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument,
<br />including without limitation, the Borrower's covenants and agreements to make all payments of taxes, insurance
<br />premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make under
<br />the Security Instrument: however, the following terms and provisions are forever canceled, null and void, as of the date
<br />specified in paragraph No. I above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for, implementing, or relating to, any
<br />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 to, wholly or
<br />partially incorporated into, or is part of, the Note or Security Instrument and that contains any such terms and
<br />provisions as those referred to in (a) above.
<br />LOAN MODIFICATION AGREEMENT - Single Family- Fannie Mae Uniform Instrument (page 3 1 o 2 pages)
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