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DEED OF TRUST MODIFICATION AGREEMENT
<br />(Variable Rate to Fixed)
<br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this C
<br />day of JANUARY, 2002, by and between ROBERT C STICKELS AND MARILYN D
<br />STICKELS, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME o
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of
<br />the Lender in the total original amount of ONE HUNDRED THIRTY SEVEN THOUSAND
<br />FIVE HUNDRED AND NO /100 , Dollars ($137,500.00);
<br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable
<br />Rate Rider dated AUGUST 24, 2000, filed of record in the Office of the Hall County
<br />Register of Deeds on AUGUST 25, 2000 as Document No. 0200006887 in respect to that real
<br />estate described as:
<br />LOT SIX (6) AMICK ACRES SECOND SUBDIVISION, HALL COUNTY, NEBRASKA
<br />WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than the
<br />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 agreed:
<br />1. Interest Rate and Maturity Modification. Commencing effective FEBRUARY 1
<br />2002, the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove
<br />identified shall accrue interest at a fixed rate of SIX percent 6� 0%) throughout the remaining
<br />term of such indebtedness and, notwithstanding the provisions contained in the Adjustable Rate
<br />Rider, there shall be no further adjustments to such interest rate. The final maturity of such
<br />indebtedness as modified, secured by such Deed of Trust shall be JANUARY 1, 2017,
<br />notwithstanding any other date of maturity which may have been specified in the Deed of Trust
<br />hereinabove identified.
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<br />DEED OF TRUST MODIFICATION AGREEMENT
<br />(Variable Rate to Fixed)
<br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this C
<br />day of JANUARY, 2002, by and between ROBERT C STICKELS AND MARILYN D
<br />STICKELS, HUSBAND AND WIFE, hereinafter referred to as "Borrower ", and HOME o
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred
<br />to as "lender ",
<br />WITNESSETH:
<br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of
<br />the Lender in the total original amount of ONE HUNDRED THIRTY SEVEN THOUSAND
<br />FIVE HUNDRED AND NO /100 , Dollars ($137,500.00);
<br />WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable
<br />Rate Rider dated AUGUST 24, 2000, filed of record in the Office of the Hall County
<br />Register of Deeds on AUGUST 25, 2000 as Document No. 0200006887 in respect to that real
<br />estate described as:
<br />LOT SIX (6) AMICK ACRES SECOND SUBDIVISION, HALL COUNTY, NEBRASKA
<br />WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than the
<br />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 agreed:
<br />1. Interest Rate and Maturity Modification. Commencing effective FEBRUARY 1
<br />2002, the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove
<br />identified shall accrue interest at a fixed rate of SIX percent 6� 0%) throughout the remaining
<br />term of such indebtedness and, notwithstanding the provisions contained in the Adjustable Rate
<br />Rider, there shall be no further adjustments to such interest rate. The final maturity of such
<br />indebtedness as modified, secured by such Deed of Trust shall be JANUARY 1, 2017,
<br />notwithstanding any other date of maturity which may have been specified in the Deed of Trust
<br />hereinabove identified.
<br />
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