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LOAN MODIFICATION AND ASSLMTION <br />AGREEMENT WITH RELEASE <br />006342 <br />WHEREAS, HOME F'--,FRAL SAVINGS AND LOAN ASSOCIATION OF GRAND 4M, hereinafter <br />referred to as "Home Federal", loaned REGENCY CONSTRUCTION, INC., A NEBRASKA CORPORATION <br />and secured by a <br />and recorded as Document <br />in Hall County. <br />WHEREAS, said Borrowers have sold to the undersi(,,ned the property <br />legally described as: <br />LOT EIGHT (8) IN BLOCK EIGHT (8), IN ROLLINS'ADDITION -10 THE CITY OF (-RAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />and <br />WHERE AS, Purchasers L-e to -,s--aume -jr-l-n pay the -pMa4 n' rn ndebt ed ress described <br />above as evidenced by the aforementicned note and mcrtgage/deedl of trust; and <br />4HERFAS. �-�ozrowers to bw releE3-sed from ;anv `ur7hzllr :Dbil ation in respect <br />to the above described n '3nd mor I q e/ deed of truFzt. and <br />4 <br />WHEREAS, Home '-Pd!?r:,! 1 :�s n �-V PUr.-,", r <br />n o t e and Mortgage /der d rl I ni 1 e E? do. -ow, T he 1, o a t il D T. s e V <br />mrlrtgag- 'deer <br />oenceo !-y the 3f-jred�-�,i-7 �atF� llowe-ver. tQ <br />a <br />revision of the terms o' <br />D Aylile Of sa:ld <br />I . The Unde rS 4 gj-jj- <br />,j & and t to pay thE in—.d" <br />-4ebtedness evidence" by the f <br />C P arc mortgage/deJ cl trust. an-1 ;D�rfo:-�� <br />811 (-)f the QbligationF, Pruv.-1d'--1-..! rle—ty it bel'—q <br />understood that as of thi,: detc., . ai,! FIFVFN T1jQUrANn rjY HUNDRM <br />SEVENTY FIVE DOLLARS AND 57/100 ---------- DCI-1--S k5; 11-675-57 <br />2. The terms of :ez)avrtent of *t',� debt evidencedty the aforecjusc.-'i?)ed note <br />in that <br />and mortgage/deed of tru_ t a:e hero ,y C)(' 4 f E:, d —n the un,)a.-*d �,alancp <br />.,-dnp x-, -iftwelve A three/ - -r an <br />of said indeb�- -ss sh?] at the rate L ant (,Lj� i3e , num, <br />and that monthly payments 11 'De made corriencing or the 1St day of January <br />19 -y <br />__86, and continuing on thf 1St day each month thereafter, it bring --Urther <br />agree,! that such payments shall be in the amount of ONE HONDRQ) FORTY OULARLL�. <br />M4 i If) --------------------------- Dollar-.4 ',$140.80 i per month, to be ap- <br />— <br />ol'ied first to interest and the balance to or.;rlpj until ­ �4a I aid inbebtedneHy, is !aid <br />in full, and that, in addd-,.ion, said Purchasers jill'L pay the sum of TJiIRTY SIX DOLLARS <br />0 ----------------- ------------ = <br />AND 06/10 -------------------------------- <br />Dollars 4$ 36106 ) " J� <br />p e r mon t h n ? a c r )i estimat d 1,jfi — r)" to ,,.ay '; ,.ixe; and <br />in!5uranLe-'a-ri said property, which estimate may be revised' f-,-)rn time to tjm- "y Home <br />Fetleral, making a total c rt tent p,-,yment c)f ONE HUNDRED SEVENTY SIX DOLLARS AND 86/100 <br />---------------------------- 176.84 per mr;nth. <br />Fx,,,^:ept As mocil-fled heie.uy, th, noi-r! and mortuaq,-,;'Jepd flf trust at_ ,v rihrd <br />sM11, remain in full and effk�?L-t, )n,j the unde.,Siqrec <br />5a-;,j 3s herein -,',ated and to Tierf!C,- m all r"f, of <br />g�a,whleed,of trust a�� r? <br />;ay a "i f- <br />y <br />w <br />