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<br />:anagement West 7, LLC
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<br />LOAN MODIFICATION AGREEIVIENT ���,; �
<br />This Loan Modification A�ree�nent ("Agreemen`r") marie this _ day of Junc 16�', bet��..en .Tames W. I3artle�t and
<br />Ellen L. Bartlett, husband and wife ("Borrower") and Asset Management West 7, LLC ("Lender") amends and supplements (1) the
<br />Mortgage Deed of Trust ar Deed to Secure Debt (the "Security Instrument") dated March 9, 2007 and recorded on Apri120, 2007 as
<br />Instrument Number 0200703196 of the Official Recards of Hall County, Nebraska, which said Deed of Trust was assigned to Asset
<br />Management West 7, LLC and (2) the Note bearing the same date as and secured by, the Security Instrument, which covers the real
<br />and personal property described in the Security Instruxnent and defined therein as the "Property", located at 723 West Charles Street,
<br />Grand Island, NE 68801, the real property described being set forth as follows:
<br />Lot Four (4) in Block One (1) in Wiebe's Addition to the City of Grand Island, Hall County, Nebraska
<br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as follows (notwithstanding
<br />anything to the contraxy contained in the Note or Security Instrvment):
<br />1. As of July 1�`, 2011, the amount payable under the Note and the Security Instrument (the "Unpaid Principal Balance") is
<br />One Hundred One Thousand Five Hundred Twenty-Eight and 98/100 ($101,528.98), consisting of the amount(s)
<br />loaned to the Borrower by the Lender and any interest capitalized to date.
<br />2. The Borrower promises to pay the Unpaid Principal Balance, plus interest, to the order of the Lender, Asset Management
<br />West 7, LLC. Interest will be charged on the Unpaid Principal Balance at the yearly rate of 6.910% from June 1 st, 2011.
<br />The Borrower promises to make monthly payments of principal and interest of $703.23 beginning on the 1 st day of July,
<br />2011 and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. If
<br />on April 1, 2037 (the "Maturity Date"), the Borrower still owes amounts under the Note and the Security Instrument as
<br />amended by this Agreement, the Borrower will pay these amounts in full on the Maturity Date. The Borrower will make
<br />such payments at Asset Management West 7, LLC c/o West Coast Servicing Inc., 18831 Von Karman Ave., Suite 380,
<br />Irvine, CA 92612 (ph�ne 866-572- 7786) or at such 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 Borrower is
<br />sold or transferred and the Bonower is not a natural person) without the Lender's prior written consent, the Lender may,
<br />at its option, require immediate payment in full of all sums secured by this Security Instrument.
<br />If the Lender exercises this option, the Lender shall give the Borrower notice of acceleration. The notice shall provide a
<br />period of not less than 30 da.ys from the date the notice is delivered or mailed within which the Borrower must pay all
<br />sums secured by this Security Instrument. If the Borrower fails to pay these sums prior to the expiration of this period,
<br />the Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on the
<br />Borrower.
<br />4. The Borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument,
<br />including without limitation, the Borrower's covenants and agreements to make all payments of taxes insurance
<br />premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make under
<br />the Security Instrument: however, the following terms and provisions are forever canceled, null and void, as of the date
<br />specified in paragraph No. I above:
<br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for, implementing, or relating to, any
<br />change or adjustment in the rate of interest payable under the Note; and
<br />(b) all terms and provisions of any adjustable rate rider or other instrument or document that is affixed to, wholly or
<br />partially incorporated into, or is part of, the Note or Security Instrument and that contains any such terms and
<br />provisions as those referred to in (a) above.
<br />LnAN 1Vit)�T�'T� 1'6'��1\T AGiSE�.IViEN i'-Single Family-Fannie Mae Uniform Instrument Form 3179 2/88
<br />(page 1 of 2 pages)
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