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..~.~.. <br />N ~ <br />~ ~~ <br />(D ~~ <br />~ ~ <br />~ ^~ <br /> ~ n <br />=~= <br />c <br />o A <br /> <br />m <br />v = <br /> = ~ ~ <br /> cn <br /> <br /> = <br /> <br />rn <br /> <br /> <br />r <br /> m <br /> ~,, cr, ~~~~. <br />~, <br /> ~, ~ c~ --1 rn <br /> ~~ <br /> a ~ '~'' r v <br /> <br /> ~ <br />m ~ ~ ~ f.Ca Z <br />a ~ ~ ~ <br />r <br />n - p C~ - <br />-1 <br /> ~ ~ ~ ~ <br /> ~, <br /> <br /> ~. <br />~~ ~ ~ <br /> z <br /> ~, o <br />DEED OF TRUST MODIFICATION AGREEMENT <br />(Adjustable Rate and Maturity Date Changes) <br />THIS DEED OF TRUST MODIFICATION AGREEMENT made and executed <br />this 27~` day of JULY, 2009, by and between RICK A MARTIN AND KRISTEN S <br />MARTIN, HUSBAND AND WIFE, hereinafter referred to as "Borrower", and HOME <br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, <br />hereinafter referred to as "lender", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain NOTE payable to the order of the <br />Lender in the total original amount of ONE HUNDRED THIRTEEN THOUSAND SIX <br />HUNDRED AND NO/100 DOLLARS ($113,600.00 <br />WHEREAS, the Note described shave was secured by a Deed of Trust dated <br />SEPTEMBER 11, 2003, filed of record in the Office of the HALL COUNTY REGISTER <br />OF DEED'S OFFICE OF HALL COUNTY, NEBRASKA on SEPTEMBER 16.2003 in <br />DOCUMENT # 0200312291 in respect to that real estate described as: <br />LOT TEN (10), JACK VOSS HORSE COUNTRY CLUB SECOND SUBDIVISION, IN <br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />WHEREAS, Borrower has requested that the Adjustable Rate Interest terms be <br />modif ed and that the stated maturity date be also hereby modified; <br />WHEREAS, Lender is willing to change the terms of the original Adjustable Rate <br />Note and modify the existing maturity date; <br />WHEREAS, Borrower and Lender hereby desire to amend the existing Deed of <br />Trust identified hereinabove to provide that it shall continue to secure the presently <br />remaining indebtedness from and after the date hereinafter specified together with the <br />Adjustable Rate Note; <br />NOW, THEREFORE, it is agreed: <br />1. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES <br />The interest rate will be modified to 5.75%. The Note provides for changes in the <br />adjustable interest rate and the monthly payments, as follows: <br />2. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT <br />CHANGES <br />(A) Change Dates <br />The adjustable interest rate I will pay may change on the first day of <br />JULY, 2012~and an that day every 12~' month thereafter. Each date on <br />which my adjustable interest rate could change is called a "Change <br />Date." <br />(B) The Index <br />Beginning with the first Change Date, my adjustable interest rate will be <br />based on an Index. The "Index" is the weekly average yield on United <br />States Treasury securities adjusted to a constant maturity on year, as <br />made available by the Federal Reserve Board. The mast recent Index <br />~~ , y o <br />