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� <br />�.■.. <br />� <br />N � <br />� � <br />� ....� <br />m �� <br />�= <br />�� <br />N � <br />� <br />�� <br />�� <br />� <br />� <br />� <br />NOW, THERE�'ORE, it is agreed: <br />1. Interest Rate and Maturi Modification. Commencing effective DECEMBER 1 <br />2010, the indebtedness secured by the Deed of Trust with Adjusta.ble Rate Rider hereinabove <br />identified shall accrue interest at a fixed rate of SIX AND THREE-EIGHTHS perc�nt <br />b.375% throughout the aremaining term of such indebtedness and, notwithstanding the <br />provisions contained in the Adjustable Rate Rider, there shall be no further adjustments ta such <br />� � <br />� <br />� <br />ax <br />� <br />�1 p <br />�� r <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />c <br />_ � �� <br />� <br />�_ <br />� <br />� <br />nn � <br />� �. <br />� <br />n�, v� �, <br />� _ �� � <br />� � <br />� � � <br />� <br />rn � <br />r� <br />0 a � <br />� v' <br />F-_.+ <br />N <br />� <br />DEED �F TRUST MODIFICATION AGREEMENT <br />(Variable Rate to Fixed) <br />c �; <br />�� <br />�� <br />� � <br />� n, <br />� <br />c7 - �T, <br />�� <br />s m <br />7a. cx� <br />r � <br />r~ A. <br />cn <br />� <br />A <br />Gn <br />Gn <br />THIS DEED �F TRUST MODIFICATION AGrREEMENT made and executed this <br />� day of DECEMBER 201Q, by and between �'RED L SCARBOROUGH AND SUSAN <br />E SCARBQROUGH HUSBAND AND WI�'E , hereinafter referred to as "Borrower", and <br />HOME FEDERAI, SAVINGS AND LOAN ASS�CIATIQN OF GRAND ISLAND, hereinafter <br />referred ta as "lender", <br />WITNESSETH: <br />WHEREAS, Borrower did execute a certain Adjustable Rate Note payable to the order of <br />the Lender in the total original amount af FORTY STX THOUSAND SIX HUN�RED AND <br />NO/100 , Dollars 46 60p.�; <br />WI�REAS, the Note described �bove was secured by a Deed af Trust with Adjustable <br />Rate Rider dated JUNE 14,, 2p06 filed o�' record in the Office of the HALL COUNTY <br />REGTSTER O�' DEED'S QFFICE HALL C�LTNTY NE on JUNE 19 in DOCUMENT # <br />02006Q5471 in respect to that real estat� described as: <br />PARCEL # 1: 110 E 13� ST <br />LOT SIX (b), IN BL�CK NINETY-ONE (91), I�N WHEELER AND BENNETT' S�OURTH <br />ADDITTON TO THE CITY �F GRAND ISLAND, HALL C(�UNTY, NEBRAKA <br />I\�I �� <br />PARCEL #2: <br />LOT SEVEN (7),1N BLOCK SEVENTY (70), IN WHEELER AND BENNETT'S SECOND <br />ADDITIQN TO THE CITY OF GRANIa ISLAND, HALL COUNTY, NEBRASKA. <br />WHEREAS, Barrower has requested that interest be converted to a fixed rate rather than the <br />variable rate specified by such Deed of Trust with Adjusta.ble Rate Rider and that the stated <br />maturity date be also hereby modified; <br />WHEREAS, L�nder is w,illin� to convert such variable rate loan into a fixed rate loan ta <br />be secured by such Deed of Trust with Adjustabl� Rate Rider and modify the existing maturity <br />date; <br />WHEREAS, Borrnwer aud Lender her�by desire to amend the existing Deed of Tntst <br />with Adjustable Rate Rider identified hereinabave to prrovide that it shall continue to secure the <br />presently remaining indebtedness from and after the date hereinafter specified together with a <br />fixed rate of interest rather than a variable rate as originally set forth in such Adjustable Rate <br />Rider; <br />� <br />N <br />c� <br />� <br />� <br />� <br />C�C1 <br />-�] <br />N <br />Cta <br />m <br />� <br />� <br />d <br />� <br />C!] <br />3'1 <br />C <br />K� <br />171 <br />� <br />Z <br />O <br />� <br />� <br />� <br />