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<br />When recorded mail to: MPG
<br />Equity Loan Services, Inc.
<br />Loss Mitigation Title Services- LMTS
<br />1100 Superior Ave., Ste 200 ~~
<br />Cleveland, OH 44114
<br />A#tn: National Recordings 1120 n~ Loan # 770132931
<br />LOAN MODIFICATION AGREEMENT
<br />(PROVIDING FOR FIXED INTEREST RATE/CAPITALIZATION)
<br />This Loan Modification Agreement ("Agreement"), made 08/27/09, betweer~RAVIS K SKII.ES and
<br />RHONDA S SKILES~"("Borrower")residing at 4247 SPUR LN, GRAND ISLAND, NE, G8803-2235 and
<br />iF ~° . by assignment as Mortgagee of record (solely
<br />as nominee for Lender and Lender's successors and assigns) ("Lender") having offices at 5280 Corporate Drive,
<br />Frederick, MD 2170.3 and amends and supplements (1) the Mortgage, Deed of Trust, or Deed to Secure Debt (the
<br />"Security Instrument")dated 05/23/03 and recorded on 09/26/03, Document number 200312842, Book number
<br />na, Page na in the Official Records of HAIL County, Nebraska and (2) the Note bearing the same date as, and
<br />secured by the Security Instrument ,which covers the real and personal property described in the Security
<br />Instrument and detined therein as the "Property", located at 4247 SPUR LN, GRAND ISLAND, NE, 68803, the
<br />real pro er described as being set forth as follows: ~ ~-4t;t~q no( p,,,,~ 1...tl~~Q.~
<br />~~ Ct~i Irby-}9a~,~nC
<br />(SEE ATTACHED LEGAI DESCRIPTION)
<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 U8/27/U9, the amount payable under the Note and Security Instrument (the "Unpaid Principal Balance")
<br />is U.S. $113,246.19. The Borrower acknowledges that interest has accrued but has not been paid and the Lender
<br />has incurred, paid or otherwise advanced taxes, insurance premiums and other expenses necessary to protector
<br />enforce its interest in the Note and the Security Instrument, and that such interest, costs and expenses in the total
<br />amount of $13,842.43, have been added to the indebtedness under the terms of the Note and Security Instrument
<br />and the loan re-amortised over 480 months. When payments resume on 10/Ol/09, the New Unpaid Principal
<br />Balance will be $127,088.62.
<br />2. The Borrower promises to pay the New Unpaid Principal Balance, plus Interest, to the order of Lender.
<br />Interest will be charged on the Unpaid Principal Balance at the yearly rate of 5.750% effective 09/01/09 (the
<br />"Interest Change Date"). The Borrower promises to make monthly payments of principal and interest of U.S.
<br />$677.24 (which does not include amounts required for Insurance and/or Taxes) beginning on 10/01/09 and
<br />continuing thereafter on the same date of each succeeding month until principal and interest are paid in full.
<br />If on 09/01/49 (the "Maturity Date"), the Borrower still owes amounts under the Note and Security Instrument, as
<br />amended by this Agreement, the Borrower will pay those amounts in full on the Maturity Date. All other terms
<br />stated in the Note remain the same.
<br />The Borrower will make such payments at Post Office Box 9481, Gaithersburg, MD 20898-9481, or at such
<br />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 the
<br />Borrower is sold or transferred and the Borrower is not a natural person) without the lender's prior written
<br />consent, the Lender may, at its option, require immediate payment in full of all sums secured by the Security
<br />Instrument.
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