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�� �� �� � '� � � �� � �� 0 � � N � � � � r� n � � � r .,� � 3 � � � �✓1 � �1 b � � � � � �� �Z Rl � � �� C '�' � a � � � �� r � � � C ; �y � �'1 R'7 (= ; �n lasi �� �: r-, r � =: ^ � � ,�. � 7C � � ` � � 0 � ,',.._. � �� :. n � �:_ , (n ;n - �J � n; _� o � W �° i; � O �' � ) � � � � � � � e � Return to & Prepared by: Judy Soulliere Nebraska Energy Federal Credit Union 1414 1 Sth St., PO Box 499 Columbus NE 68602-0499 AGREEMENT FOR MODIFICATION OR EXTENSION OF A MORTGAGE OR DEED OF TRUST � �� o —i c n z —� --� n' -� C.. O - T' S_ f�i n �� r � r n � � D � � Date: February 4, 2011 Account # 11129-28 Mortgagor (or Trustor) Michael S Dudek and Wendv M Dudek, husband and wife Properly Address 636 E Meves Avenue, Grand Island, Nebraska 68801 This Modification Agreement is entered into on the 4th day of February , 2011 between Michael S Dudek nd Wend�M Dt�dek, h� band and wife Mortgagor/Trustor), Co-Mortgagor/Co-Trustor), and Nebraska Energy Federal Credit Union (Mortgagee/Trustee/Beneficiary). The parties agree as follows: (1) Mortgagor is now the owner and holder of the real property encumbered by said Mortgage recorded in the public records in the County of Hal l , State of Nebraska in book _ , page or document or file number 200602085. In the amount of $ 61,600.00 which was filed on March 9, 2006 Legal description: 636 E Meves Avenue, Grand Island NE 68801 Lot Sixteen (16) in Block Two (2) in Meves First Addition to the City of Grand Island, Hall County, Nebraska (2) Under the terms of the Promissory Note signed on the ��day of , February , 2006 , which Promissory Note is secured by tha MortgagelDeed of Trust described above, there remains unpaid as of the 4t1� day of the month in which this Agreement is made, the sum of $ 57,284.72 of principal and interest. (3) Mortgagor agrees the terms of said Promissory Note are modified or extended relative to the payment of the said indebtedness by providing for payment of the balance of the principal as follows: Said total balance of $ 57 284 72 is to be paid, plus interest on the unpaid balance at a rate of 3.0 % per annum (with such rate changing periodically if required by the provisions of the Promissory Note) in equal installrnents of $, 271.11 (monthlX.l (excluding the sums required to be deposited for the payment of insurance, taxes, etc.) The first of said installments shail become due and payable on the �� day of March , 2p 11 , and the remaining installments, as they may be changed periodically if required by the provisions of the Promissory Note, successively each and every payment due thereafter, until said Promissory Note indebtedness is fully paid, except that , if not sooner paid, the final payment of principal and interest shall be due and payable on the Sth day of March , 2036 , Which is the present or extended maturity date. (4)The specific terms and disclosures of the modified Promissory Note are set forth in a separate modification document executed by both parties. (5) Mortgagor agrees to make the paytnents as specified in Paragraph (3) hereof and understands and agrees that: (a) All the rights and remedies, stipulations, and conditions contained in said Mortgage/1'romissory Note relating to default in the making of payments under the Mortgage/Promissory Note shall also apply to default in the making of said modified payments hereunder. (b) All covenants, a N C� F—' F—' O t—� � � fV �� �� /