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<br />PX 6�A& AND RETURN TO:
<br />Echevarria & Associates, P.A.
<br />9119 Corporate Lake Drive, 3`d Floor
<br />Tampa, Florida 33634
<br />ATTN: Kim Poirier
<br />Loan Number: 2394672
<br />File Number: M02000793
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<br />LOAN MODIFICATION AGREEMENT
<br />(Providing for Fixed Interest Rate)
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<br />This Loan Modification Agreement ( "Agreement "), made this January 1, 2002, between RUDOLF F. PLATE, and
<br />JEANNICE R. PLATE, HUSBAND AND WIFE and TIM C. PLATE, AN UNMARRIED PERSON ( "Borrower "),
<br />and Wells Fargo Bank Nebraska, N.A. fka Norwest Bank Nebraska, N.A. fka The Overland National Bank of Grand
<br />Island ( "Lender "), amends and supplements (1) the Mortgage, Deed of Trust, or Security Deed (the "Security
<br />Instrument "),dated June 23, 1999 and recorded on June 24, 1999, in Document No. 99- 106361, of the Official
<br />Records of Hall County, NE, and (2) the Note bearing the same date as, and secured by, the Security Instrument,
<br />which covers the real and personal property described in the Security Instrument and defined therein as the
<br />"Property", located at 2111 -15 W 10TH STREET, GRAND ISLAND, NE 68801, the real property described being
<br />set forth as follows:
<br />LOTS THREE (3) AND FOUR (4), BLOCK SEVEN (7), DILL AND HUSTON'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows
<br />(notwithstanding anything to the contrary contained in the Note or Security Instrument):
<br />1. As of January 1, 2002, the amount payable under the Note and the Security Instrument (the
<br />"Unpaid Principal Balance ") is U.S. $119,791.04, consisting of the amount(s) loaned to Borrower by
<br />Lender and any interest capitalized to date.
<br />2. Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of Lender.
<br />Interest will be charged on the Unpaid Principal Balance at the yearly rate of 7 %, from January 1, 2002.
<br />Borrower promises to make monthly payments of principal and interest of U.S. $1,231.91, beginning on
<br />February 1, 2002, and continuing thereafter on the same day of each succeeding month until principal and
<br />interest are paid in full. If on February 1, 2008, (the "Maturity Date "), Borrower still owes amounts under
<br />the Note and the Security Instrument, as amended by this Agreement, Borrower will pay these amounts in
<br />full on the Maturity Date.
<br />Borrower will mare such payments at Wells Fargo Home Mortgage, Inc., 1 Home Campus, Des
<br />Moines, Iowa 50328 -0001 or at such other place as Lender may require.
<br />3. If all or any part of the Property or any Interest in the Property is sold or transferred (or if
<br />Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred)
<br />without Lender's prior written consent, Lender may require immediate payment in ffill of all sums
<br />secured by this Security Instrument.
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice
<br />shall provide a period of not less than 30 days from the date the notice is given in accordance with
<br />Section 15 within which Borrower must pay all sums secured by this Security Instrument. If
<br />Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any
<br />remedies permitted by this Security Instrument without further notice or demand on Borrower.
<br />4. Borrower also will comply with all other covenants, agreements, and requirements of the Security
<br />Instrument, including without limitation, Borrower's covenants and agreements to make all
<br />payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other
<br />payments that Borrower is obligated to make under the Security Instrument; however, the
<br />following terms and provisions are forever canceled, null and void, as of the date specified in
<br />paragraph No. 1 above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for,
<br />implementing, or relating to, any change or adjustment in the rate of interest payable
<br />under the Note; and
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<br />LOAN MODIFICATION AGREEMENT
<br />(Providing for Fixed Interest Rate)
<br />.v
<br />70 rn
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<br />This Loan Modification Agreement ( "Agreement "), made this January 1, 2002, between RUDOLF F. PLATE, and
<br />JEANNICE R. PLATE, HUSBAND AND WIFE and TIM C. PLATE, AN UNMARRIED PERSON ( "Borrower "),
<br />and Wells Fargo Bank Nebraska, N.A. fka Norwest Bank Nebraska, N.A. fka The Overland National Bank of Grand
<br />Island ( "Lender "), amends and supplements (1) the Mortgage, Deed of Trust, or Security Deed (the "Security
<br />Instrument "),dated June 23, 1999 and recorded on June 24, 1999, in Document No. 99- 106361, of the Official
<br />Records of Hall County, NE, and (2) the Note bearing the same date as, and secured by, the Security Instrument,
<br />which covers the real and personal property described in the Security Instrument and defined therein as the
<br />"Property", located at 2111 -15 W 10TH STREET, GRAND ISLAND, NE 68801, the real property described being
<br />set forth as follows:
<br />LOTS THREE (3) AND FOUR (4), BLOCK SEVEN (7), DILL AND HUSTON'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows
<br />(notwithstanding anything to the contrary contained in the Note or Security Instrument):
<br />1. As of January 1, 2002, the amount payable under the Note and the Security Instrument (the
<br />"Unpaid Principal Balance ") is U.S. $119,791.04, consisting of the amount(s) loaned to Borrower by
<br />Lender and any interest capitalized to date.
<br />2. Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of Lender.
<br />Interest will be charged on the Unpaid Principal Balance at the yearly rate of 7 %, from January 1, 2002.
<br />Borrower promises to make monthly payments of principal and interest of U.S. $1,231.91, beginning on
<br />February 1, 2002, and continuing thereafter on the same day of each succeeding month until principal and
<br />interest are paid in full. If on February 1, 2008, (the "Maturity Date "), Borrower still owes amounts under
<br />the Note and the Security Instrument, as amended by this Agreement, Borrower will pay these amounts in
<br />full on the Maturity Date.
<br />Borrower will mare such payments at Wells Fargo Home Mortgage, Inc., 1 Home Campus, Des
<br />Moines, Iowa 50328 -0001 or at such other place as Lender may require.
<br />3. If all or any part of the Property or any Interest in the Property is sold or transferred (or if
<br />Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred)
<br />without Lender's prior written consent, Lender may require immediate payment in ffill of all sums
<br />secured by this Security Instrument.
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice
<br />shall provide a period of not less than 30 days from the date the notice is given in accordance with
<br />Section 15 within which Borrower must pay all sums secured by this Security Instrument. If
<br />Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any
<br />remedies permitted by this Security Instrument without further notice or demand on Borrower.
<br />4. Borrower also will comply with all other covenants, agreements, and requirements of the Security
<br />Instrument, including without limitation, Borrower's covenants and agreements to make all
<br />payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other
<br />payments that Borrower is obligated to make under the Security Instrument; however, the
<br />following terms and provisions are forever canceled, null and void, as of the date specified in
<br />paragraph No. 1 above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for,
<br />implementing, or relating to, any change or adjustment in the rate of interest payable
<br />under the Note; and
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