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<br /> �, - �'����1�r r''' �� ����� Amendmeni to Mortgage/�eed of Trust - - �
<br />_ � �awvKS r�c� ;1�x 2��:10 (HEALOC)� --
<br />- � .31�.� yo.s��'��'��y ��`�'"�'
<br /> e Q_
<br /> `1�l
<br />'�" • 13th da of Januar , 19 98 �
<br /> � " � n Thia Amandment to Mortgage/Deed of Trust(Amendment°)is made as of thls y � ,having!ts oHJce at
<br /> . by and beriveen Nonveat Bank , Nfc�A�SO (the"Lender"),and
<br /> , ,
<br /> .
<br />_ (whether one or more,the"Mo gogor"I• �
<br /> - c�
<br /> Rsa(tala
<br /> � A. The Lender!s the holder of the Home Equlty Aceess Line Agreement of:
<br />', �the Mortgagor(also rd(erred to as the"Bor�o er) (referred to as the"Bo�rower"),
<br /> Timothy R. Arenda & Susan �. Arends
<br /> whlch!s dated , 19 ,under whlch the Lander has extended to fhe 8orrower a revolving Ilne
<br />- of credlt(such Home qu y cessi Llne Agreemen,together with any mod!/icatlons to It made prlor to the dat sontn�A�endment,
<br /> --_--_= raferrarf ta as tha'Y`lats").T.he c!Ncilt��mit lor the revolvinc llne of credlt evldenced by the Note currently!s$� - -- --- �
<br />;,, ' � B. To secure payment ol the amouMS outstanding under the Note,the MoAgagor hes glven a mongage o�deed of Uust to the Lender
<br /> �.;.
<br /> dated AuRus t 8 , 19 94 ,(such mortgage or deed ol hust,tagether wlth eny modlflcaGons to It made
<br /> i� •' prlor to the date of thls Amendmenf,referred to as the"Mortgage'),covering and plac/ng a!leneu su te r2e61 property mo 9 94 —
<br /> �;.` ., parNcularly desc�lbed In the MoAgage.The MoRgage was originally iiled lor reco�d on �
<br /> � lntheoNlceolthe ReAister of Deeds _ ol ��L County,
<br /> ��' Page/Ima e .
<br /> •�; as Dxument No. 94-1071 1� 1n BooWRoli 9
<br />_t ' �� C. !n connecdon wlth t N�A glnal rung of the Morigage,a mortg�BAegl3try t�c was peld to tha Tieasurer o►such counPyln the amount
<br />_ 0,a on l , 1g__ ,and that Treasurer placed hIs/her
<br /> - atamp on the Mortgage,such stamp bearing number •
<br /> , D. The Mortgagor acknowledges that the Morigage!s valld and en/orceable and represents the Mortgagors legal and binding
<br />'�=��-• obllgations,Iree end clear ot any c/alm,delense or oNsef.
<br /> � r , E. The Mortgagor and the Bank now deslre to amend the Mortgage to rellect ceKein changes to the Bo►rowers revolvJng 1lne of credlt
<br /> . with the Bank that!�secured by the Mongage.
<br /> • F.
<br /> PER EXHIBIT "A°
<br /> `• • ., �. : --
<br />- -r .,.._=_ _=�
<br /> �
<br /> �.� Agmement - .
<br /> Accordingly,!n conslderatlon ol the p�emises and other good and valuabfe conslderatfon,each pald to the other, the partles to thls
<br /> ' � Agreemont agree as lollows: _
<br />' t �HEALOC MoQlflcatton Agreem nt The Bo�ro wer hus executed an�dellvered to the Bank e HEALOC Modillcetlon Agreement -:-_
<br /> dated Januar y �3 , �g y� (the"Modlflcatlon'),whlch mod!/!es the Nnte as lollows: �,-"
<br /> [� ChangA!n Credlt L1mlP. The Borrower's maximum credit I!m!t under the revolving!!ne of credlt is changed to e maxlmum •
<br /> princlpal amounto!$_st,��00 00
<br /> � Extena/on of Meturlty Dete. The revo/ving Ilne ol credit will terminate and the entlre unpald princlpa/belanr�e�qutst�r�c�r�q on
<br /> the Note,together wlth any unpafd/lnance charges and other charges,wlll be due and payable!n lufl on
<br /> 3/
<br /> _� Until such date,the Borrower agrees to make the monthly payments as dlsclosed in the Note,or!f mod!/led by fhe HEALOC
<br /> r���n��...ara....0 d mmnnf
<br /> -- - - Modillcatlon Agroemenr. 8S UiSGIVJttu rTi iiiB i i�n�vv�.w��........�^..y'-�...-.... - -
<br /> - � u Increaaed Rate of Flnnnce Charge.The da�ly perlodlc rate!s now equal to 1/365 of _ °o over the"Index Rate." The
<br /> "lndvx Rate"!s the variable►eferonce rate.adjusted in accordence with tha Note(ii prevlo�sly modilied,as so modilied),whlch Is:
<br /> [� the highest prime ratepubllshed!n the Well Street JoumAl"Money Rates"teble.
<br /> i ❑ the 91-day Treasury Bill Rate(osteblished at last auction avorago on a dlscount basis,roundod to thv nearest.10°b). �
<br /> I Each rel❑erence in the Mortgar�e 10 the"Note"shall bo deemod on and after the date of th�s Amendment to rolor to tho IVote as it Is
<br /> • � now amendod by fhe Modilication,together with any/uture oxtensions,mqd!licatlons.or renowals ther00% Tho lion o!the A4ortgago
<br />- � shal/continue to secure the revolving line o�credit,which is now evidonced by the modi�iod Nuto.
<br /> _ ;
<br /> � NC�p�MTtl��Z�9g�tp0019 PI CO.AtN.AIT.hD.NE.NAi.OH.SO.LW
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