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� � r � � � � , � r When recorded mail to: #:6783461 First American Title ��u��u�� 0 � 1 Q 6 2 5� Loss Mitigation Title Services 1806.10 P.O. Box 27670 Santa Ana, CA 92799 � RE: PANKONIN - MOD REC SVC Loan # 2003980020 LOAN MODIFICATION AGREEMENT (PROVIDING FOR FIXED INTEREST RATE/CAPITALIZATION) This Loan Modification Agreement ("Agreement"), made OS/03/1 l, between PAUL P PANKONIN and JESSICA L PANKOIVIN. ("Borrower") residing at 1016 PLEASANT VIEW DR GRAND ISLAND NE, 68801- 8022 and CitiMortgage, Inc. ("Lender") having offices at 5280 Corporate Drive, Frederick, MD 21703 and amends and supplements (1) the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Security Instrument") dated 11/29/06 and recorded on 12/O1/06, Document number 0200610681, Book number na, Page na in the Official Records of HALL County, Nebraska and (2) the Note bearing the same date as, and secured by the Security Instrument , which covers the real and personal property described in the Security Instrument and defined therein as the "Property", located at 1016 PLEASANT VIEW DR, GRAND ISLAND NE, 68801, the real property described as being set forth as follows: (SEE ATTACHED LEGAL DE5CRIPTION) In consideration of the mutual promises and agreements exchanged , the parties hereto agree as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): 1. As of OS/03/11, the amount payable under the Note and Security Instrument (the "Unpaid Principal Balance") is U.S. $ 154,630.78. The Borrower acknowledges that interest has accrued but has not been paid and the Lender has incuned, paid or otherwise advanced taxes, insurance premiums and other expenses necessary to protect or enforce its interest in the Note and the Security Instrument, and that such interest, costs and expenses in the total amount of $ 9,120.21, have been added to the indebtedness under the terms of the Note and Security Instrument and the loan re-amortized over 360 months. When payments resume on 06/O1/11, the New Unpaid Principal Balance will be $ 163,750.99. ��,�, �� 2. The Borrower promises to pay the New Unpaid Principal Balance, plus Interest, to the order of Lender. Interest will be charged on the Unpaid Principal Balance at the yearly rate of 4.750% effective OS/O1/11 (the "Interest Change Date"). The Bonower promises to make monthly payments of principal and interest of U.S. $ 854.20 (which does not include and amounts required for Insurance and/or Ta�ces) beginning on 06/O1/11 and continuing thereafter on the same date of each succeeding month until principal and interest are paid in full. If on OS/Ol/41 (the "Maturity Date"), the Bonower still owes amounts under the Note and Security Insuument, as amended by this Agreement, the Borrower will pay those amounts in full on the Maturity Date. All other terms stated in the Note remain the same. The Borrower will make such payments at Post Office Box 9481, Gaithersburg, MD 20898-9481, or at such other place as the Lender may require. 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 sold or transfened and the Borrower is not a natural person) without the Lender's prior written consent, the Lender may, at its option, require immediate payment in full of all sums secured by the Security Instrument. If the Lender exercises this option , the Lender shall give the Borrower notice of acceleration. The notice shall provide a period of aot less than 30 days from the date the notice is delivered or mailed within which the Borrower must pay all sums secured by the Security Instrument. If the Borrower fails to pay these sums prior to the expiration period, the Lender may invoke any remedies pernutted by the Security Instrument without further notice or demand on the Borrower. Page 1