200602336 - Laserfiche WebLink

Browse

~ =0 Q E f'......~) ~I a m .l:;:;:-.> ~ ""!'1 C::) o (I) c: ~ ~l, Q-, o -j J\.) I'r\. n Z :t: ::3 el"'- l$) ;l'l;; ~ t" z-j I$) :r; ('J r:1 = -jm f"Tl 1-" = 0:> f') t1"l :J> ~{! ,,-:0 ~ "-. -<0 e n ;':,"1 o <-\f ~ Q""rJ C>~ J\.) \'i\ ;~l;; RoJ4. --...J W " ...., ;:-: W \) CJ tl X Pl en 3" 0:> I'l') iT! t l:l l>CD ~i ~ (1l ::3 r- ~) ~ Cl r- 1,.. (/l r ~ en N ^ l> c::> "'-'------ N en en ~ en 200602336 DEED OF TRUST MODIFICATION AGREEMENT (Variable Rate to Fixed) /0 . S-O THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed this &~ay of MARCH. 2006, by and between GILBERT G MANNING AND LINDA C MANNING. HUSBAND AND WIFE, hereinafter referred to as "Borrower", and HOME FEDERAL SA VINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "lender", WITNESSETH: WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of the Lender in the total original amount of ONE HUNDRED TWEL VE THOUSAND FIVE HUNDRED AND NOnOO ,Dollars ($112.500.00): WHEREAS, the Note described above was secured by a Deed of Trust with Adjustable Rate Rider dated MAY 23.2002, filed of record in the Office of the HALL COUNTY REGISTER OF DEED'S OFFICE. HALL COUNTY. NE on MAY 30. 2002 in DOCUMENT # 0200205762 in respect to that real estate described as: LOT TWENTY (20) IN BLOCK ONE (1) IN SOUTHERN ACRES ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA WHEREAS, Borrower has requested that interest be converted to a fixed rate rather than the variable rate specified by such Deed of Trust with Adjustable Rate Rider and that the stated maturity date be also hereby modified; WHEREAS, Lender is willing to convert such variable rate loan into a fixed rate loan to be secured by such Deed of Trust with Adjustable Rate Rider and modify the existing maturity date; WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of Trust with Adjustable Rate Rider identified hereinabove to provide that it shall continue to secure the presently remaining indebtedness from and after the date hereinafter specified together with a fixed rate of interest rather than a variable rate as originally set forth in such Adjustable Rate Rider; NOW, THEREFORE~ [t is agreed: 1. Interest Rate and Maturity Modification. Commencing effective APRIL 1. 2006. the indebtedness secured by the Deed of Trust with Adjustable Rate Rider hereinabove identified shall accrue interest at a fixed rate of SEVEN AND ONE HALF percent (7.50%) throughout the remaining tenn of such indebtedness and, notwithstanding the provisions contained in the Adjustable Rate Rider, there shall be no further adjustments to such interest rate. The final maturity of such indebtedness as modified, secured by such Deed of Trust shall be MARCH 1. 2026, notwithstanding any other date of maturity which may have been specified in the Deed of Trust hereinabove identified. 2. Continuing Effect. Except as specifically modified by this Deed of Trust Modification Agreement, all other tenus and provisions of this Deed of Trust with Adjustable Rate Rider hereinabove identified shall remain in full force and effect.