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Loan Number: 2394362
<br />File Number: M02012528
<br />LOAN MODIFICATION AGREEMENT
<br />(Providing for Fixed Interest Rate)
<br />This Loan Modification Agreement ( "Agreement "), made this September 4, 2002, between DONALD D.
<br />MEHRING, and DONALD D. MEHRING, TRUSTEE OF THE NANCY A. ERWIN TRUST, and DONALD D.
<br />MEHRING, TRUSTEE OF THE JOHN M. MEHRING TRUST, and DONALD D. MEHRING, TRUSTEE OF
<br />THE ELIZABETH A. ERWIN TRUST, and DONALD D. MEHRING, TRUSTEE OF THE CHRISTIAN S. C
<br />MEHRING TRUST, (`Borrower "), and WELLS FARGO BANK NEBRASKA, N.A. F/K/A THE OVERLAND
<br />NATIONAL BANK OF GRAND ISLAND ( "Lender "), amends and supplements (1) the Mortgage, Deed of Trust,
<br />or Security Deed (the "Security Instrument "),dated August 1, 1994 and recorded on August 24, 1994, in Document
<br />No. 94- 107064 and Deed of Trust Modification Agreement dated May 4, 1995 and recorded on May 25, 1995, in
<br />Document No. 95- 103419, of the Official Records of Hall County, NE, and (2) the Note bearing the same date as,
<br />and secured by, the Security Instrument, which covers the real and personal property described in the Security
<br />Instrument and defined therein as the "Property", located at 3337 W STATE ST, GRAND ISLAND, NE 68803, the
<br />real property described being set forth as follows:
<br />SEE EXHIBIT "A" ATTACHED.
<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 September 4, 2002, the amount payable under the Note and the Security Instrument (the
<br />"Unpaid Principal Balance ") is U.S. $191,600.26, 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 6.5 %, from September 4,
<br />2002. Borrower promises to make monthly payments of principal and interest of U.S. $3,199.42, beginning
<br />on October 4, 2002, and continuing thereafter on the same day of each succeeding month until principal
<br />and interest are paid in full. If on October 4, 2007, (the "Maturity Date "), Borrower still owes amounts
<br />under the Note and the Security Instrument, as amended by this Agreement, Borrower will pay these
<br />amounts in full on the Maturity Date.
<br />Borrower will make 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 full 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.
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<br />Loan Number: 2394362
<br />File Number: M02012528
<br />LOAN MODIFICATION AGREEMENT
<br />(Providing for Fixed Interest Rate)
<br />This Loan Modification Agreement ( "Agreement "), made this September 4, 2002, between DONALD D.
<br />MEHRING, and DONALD D. MEHRING, TRUSTEE OF THE NANCY A. ERWIN TRUST, and DONALD D.
<br />MEHRING, TRUSTEE OF THE JOHN M. MEHRING TRUST, and DONALD D. MEHRING, TRUSTEE OF
<br />THE ELIZABETH A. ERWIN TRUST, and DONALD D. MEHRING, TRUSTEE OF THE CHRISTIAN S. C
<br />MEHRING TRUST, (`Borrower "), and WELLS FARGO BANK NEBRASKA, N.A. F/K/A THE OVERLAND
<br />NATIONAL BANK OF GRAND ISLAND ( "Lender "), amends and supplements (1) the Mortgage, Deed of Trust,
<br />or Security Deed (the "Security Instrument "),dated August 1, 1994 and recorded on August 24, 1994, in Document
<br />No. 94- 107064 and Deed of Trust Modification Agreement dated May 4, 1995 and recorded on May 25, 1995, in
<br />Document No. 95- 103419, of the Official Records of Hall County, NE, and (2) the Note bearing the same date as,
<br />and secured by, the Security Instrument, which covers the real and personal property described in the Security
<br />Instrument and defined therein as the "Property", located at 3337 W STATE ST, GRAND ISLAND, NE 68803, the
<br />real property described being set forth as follows:
<br />SEE EXHIBIT "A" ATTACHED.
<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 September 4, 2002, the amount payable under the Note and the Security Instrument (the
<br />"Unpaid Principal Balance ") is U.S. $191,600.26, 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 6.5 %, from September 4,
<br />2002. Borrower promises to make monthly payments of principal and interest of U.S. $3,199.42, beginning
<br />on October 4, 2002, and continuing thereafter on the same day of each succeeding month until principal
<br />and interest are paid in full. If on October 4, 2007, (the "Maturity Date "), Borrower still owes amounts
<br />under the Note and the Security Instrument, as amended by this Agreement, Borrower will pay these
<br />amounts in full on the Maturity Date.
<br />Borrower will make 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 full 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.
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