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<br />Loan No.: 13322722
<br />
<br />200600637
<br />
<br />thc real property described being set forth as follows:
<br />THE FOLLOWING DESCRIBED REAL PROPERTY SITUATE IN THE CITY OF GRAND ISLAND, COUNTY
<br />OF HALL, AND ST ATE OF NEBRASKA, TO WIT:
<br />
<br />THE FOLLOWING DESCRIBED REAL PROPERTY IN COUNTY, NEBRASKA;
<br />
<br />LOT FOUR (4), BLOCK ONE HUNDRED TWENTY FOUR (124), UNION PACIFIC RAILWAY CO'S
<br />SECOND ADDITION TO GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />TAX TD#: 4000 96617
<br />
<br />In consideration of thc mutual promises and agreements exchanged, the parties hereto agree as follows
<br />(notwithstanding anything to the contrary contained in the Noti:: or Security Instrument):
<br />
<br />1. As of July 1st, 2005 , the anlOunt payable under the Note and the Security Instrument
<br />(the "Unpaid Principal Balance") is U.S. $ 95,436.35 , consisting ofthe amount(s) loaned to the Borrower
<br />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
<br />Lender. Interest will be charged on the Unpaid Principal Balance at thc yearly rate of 8.000 %, from
<br />July 1st, 2005 . The Borrower promises to makc monthly payments of principal and interest of
<br />U.S. $ 725.08 , beginning on the 1st day of AUb'llst , 2005 , and continuing thereafter on
<br />the same day of each succeeding month until principal and interest are paid in full. If on November 1st, 2031
<br />(the "Maturity Date"), the Borrower still owes amounts under the Note and the Security Instrument, as amended by
<br />this Agreement, the Borrower will pay these amounts in full on the Maturity Date.
<br />The Borrower will make such payments at Litton Loan Servicing LP, 4828 Loop Central Drive, Houston,
<br />Texas 77081
<br />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
<br />in the Borrower is sold or transferred and the Borrower is not a natural person) without the Lender's prior written
<br />consent, the Lender may, at its option, require immediate payment in full of all sums secured by this Security
<br />Instrument.
<br />If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The notice
<br />shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which the
<br />Borrower must pay all sums secured by this Security Instrument. If the Borrower fails to pay these sums prior to the
<br />expiration of this period, the Lender may invoke any remedies permitted by this Security Instrument without further
<br />notice or demand on the Borrower.
<br />4. The Borrower also win comply with all other covenants, agreements, and requirements oithe
<br />Security Instrument, including without limitation, the Borrower's covenants and agreements to make all payments of
<br />taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower is
<br />obligated to make under the Security Instrument; however, the following tenns and provisions are forever canceled,
<br />null and void, as of the specified date in Paragraph No.1 above.
<br />(a) alltenns and provisions of the Note and Security Instrument (if any) providing for, implementing,
<br />or relating to, any change or adjustment in the rate of interest payable under the Notc; and
<br />(b) all terms and provisions of any adjustable rate rider or other instrument 01' document that is affixed
<br />to, wholly or partly incorporated into, or is part of, the Note or Security Instn.Ul1(~nt and that contains any such terms
<br />and provisions as those referred to in (a) above.
<br />
<br />MULTISTATE LOAN MODIFICATION AGREEMENT
<br />(FNMA Modified Form 3 I 79 2/88)
<br />
<br />Initi4Jniti:J'M Initials_,,_ Jnitials
<br />Page 2 of 4
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