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200604434
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200604434
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Last modified
5/19/2006 4:01:16 PM
Creation date
5/19/2006 3:57:53 PM
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DEEDS
Inst Number
200604434
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<br />. . <br /> <br />200604434 <br /> <br />8020825447 <br /> <br />the real property described is located in HALL COUNTY, NEBRASKA <br />and being set forth as follows: <br />LOT NINE (9) IN BLOCK EIGHTEEN (18) IN SCHIMMER'S ADDITION TO THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />IWtJ: 4000Q \oq1- <br /> <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 APRIL I, 2006 , the amount payable under the Note and the Security Instrument <br />(the "Unpaid Principal Balance") is U.S. $ 66,503.99 consisting of the amount(s) loaned <br />to the Borrower by the Lender and any interest capitalized to date. <br />2. Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender. <br />Interest will be charged on the Unpaid Principal Balance at the yearly rate of 7.750 %, from <br />APRIL I, 2006 . The Borrower promises to make monthly payments of principal and interest of <br />U.S. $ 499.64 , beginning on the fIrst day of MAY, 2006 , and continuing <br />thereafter on the same day of each succeeding month until principal and interest are paid in full. If on <br />SEPTEMBER 01, 2031 (the "Maturity Date"), the Borrower still owes amounts under the Note and <br />the Security Instrument, as amended by this Agreement, the Borrower will pay these amounts in full on the <br />Maturity Date. <br />The Borrower will make such payments at <br />WASHINGTON MUTUAL BANK, F.A. <br />P.O. BOX 3200 <br />MILWAUKEE, WISCONSIN 53224 <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 in <br />the Borrower is sold or transferred and the Borrower is not a natural person) without the Lender's prior <br />written consent, the Lender may 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 <br />the expiration of this period, the Lender may invoke any remedies permitted by this Security Instrument without <br />further notice or demand on the Borrower. <br />4. The Borrower also will comply with all other covenants, agreements, and requirements of the <br />Security Instrument, including without limitation, the Borrower's covenants and agreements to make all <br />payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the <br />Borrower is obligated to make under the Security Instrument; however, the following terms and provisions are <br />forever cancelled, null and void, as of the date specified in Paragraph No.1 above: <br /> <br />HUD Modification Agreement <br />FAND# HUDMOD-2 Rev. 04-16-03 <br /> <br />Page 2 of 4 <br /> <br />iS~ <br />
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