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200902956
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Last modified
4/21/2009 2:50:09 PM
Creation date
4/20/2009 4:06:50 PM
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DEEDS
Inst Number
200902956
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<br />200902956 <br /> <br />501416719 <br /> <br />the real property described being set forth as follows: <br />The East Half of the North Half (E 112 N 112) of Lot Two <br />(2) of Vantine's Subdivision, located on Part of the <br />Northwest Quarter (NW 112) of Section Twenty-Two (22), in <br />Township Eleven (11) North, Range nine (9) West of the 6th <br />P.M., Hall County Nebraska. <br /> <br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree <br />as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): <br /> <br />1. As of DECEMBER 1,2008 , the amount payable under the Note and the Security Instrument <br />(the "Unpaid Principal Balance") is U.S. $ 69,109.85 consisting of the unpaid amount(s) <br />loaned to Borrower by Lender plus any interest and other amounts capitalized. <br /> <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 for the first year at the yearly rate <br />of 4.750000 % from DECEMBER 1, 2008 , and Borrower promises to pay monthly <br />payments of principal and interest in the amount of$ 321.88 beginning on the 1ST <br />day of JANUARY, 2009 . During the second year, interest will be charged at the yearly <br />rate of 5.750000 % from DECEMBER 1,2009 , and Borrower shall pay monthly <br />payments of principal and interest in the amount of$ 367.55 beginning on the 1ST <br />day of JANUARY, 2010 . During the third year and continuing thereafter until the <br />Maturity Date (as hereinafter defined), interest will be charged at the yearly rate of 6.750000 %, <br />from DECEMBER 1,2010 , and Borrower shall pay monthly payments of principal and interest <br />in the amount of$ 414.83 beginning on the 1ST day of JANUARY,2011 and <br />shall continue the monthly payments thereafter on the same day of each succeeding month until <br />principal and interest are paid in full. If on DECEMBER 01, 2048 , (the "Maturity Date"), <br />Borrower still owes amounts under the Note and Security Instrument, as amended by this Agreement, <br />Borrower will pay these amounts in full on the Maturity Date. <br /> <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 the Security Instrument. <br /> <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 delivered or mailed <br />within which Borrower must pay all sums secured by the Security Instrument. If Borrower <br />fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies <br />permitted by the Security Instrument without further notice or demand on Borrower. <br /> <br />I.OAN MODI FICA nON AGREEMENT - Single Family - Fannie Mae Uniform Instrument <br />Modified by First American Loan Production Services <br />First American Real Estate Solutions LLC <br />FALPS# NEFM3162-2 Rev. 04-16-08 <br /> <br />"'orm 3162 6/06 (page 2 of 5) <br />NEBRASKA <br />
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