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<br /> � l� ,�D OF TRU3T MODZFj,�j`j'YON_AGREE EN'i' •�,L„�.�;
<br /> . (Variable Rate �o Fixed) - '• �j-
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<br /> , � THIS OEED•OF TRUS'r MODTFICATIAN AGREEM�NT made and executed � ._.;',;1—
<br /> y this 7th day of February !� 199?, by and between GARY E, nIEDINGER, � ..:�
<br /> j \ :'Si��_:�.::.
<br /> � �8..9�ud+�-n PTG O fl — � �cati y r._
<br /> herel.n�if�es �ef�z�od to as "Borrower", and HOME FEDERAL SAVING3 _
<br /> AND LOPiN ASSOCII�TION OF �RAND ISLAND, hereinafter referred to as
<br /> ��" .., —
<br /> Y "Lender". ,°--
<br /> �' WITNESSETH: ���!.
<br /> �:m;��.:.;:.
<br /> �-.°��� W�iEREAS, Borrower did execu�e a aertain l�d justable Rate Note —��-
<br /> �� p�syable to the order of the Lender in the total oriq3 600.00 ount —
<br /> -� of THIRTY THREE THQUSAND SIX HUNDRED AND NO/la0-pollara ($J): -
<br /> WHERF�►S, tho Note described above was secured by a Deed of �,
<br /> , _ Trust wittl Ad juatable Rate RidoY' dated April 19 , 19��, f]LlEtd of
<br /> record in the OgPice of �he HALL County Registex of Daeda =
<br /> on 9nr±1 22_ , 199�, as Document No. 96-102986_
<br /> in respeot to that real estate described as:
<br /> s LOT TWO (2) IN mEHRING ANQ I<ELLY SUBDIVISI�N IN THE CITY OF GRAND 'ISLAND,
<br />. HALL C�UNTY� NEBRASKA --
<br /> . .rt; .
<br /> . " HiiERF,�,S, Horrower has requested tha� interest be aonver�ced
<br /> ;��.,�,�.;°�, to a fixed rate rnther �han the vari+�bYe rate specified by such �.-
<br /> _��,:���-� Deed of Truet �vith �d justable Rete Rider and that the stated
<br /> �--�� ���`�' � maturity dato be also hereby modi�iedt
<br />�.r.�,,,.,,,
<br /> T:.�-;.,.�:
<br />""'�`"'`��' ' ' WHIERE�,S, Ler�der is willing to convert such variable r�te
<br />=��`"%:' `~� gonn into a fixerd rate inan to be secured by suclh Deed of Trust
<br /> �, : -
<br /> `�': with P,d justabl� Rate Rider and modify the existinq maturity da�e; _ ______
<br /> :z_.:�r .
<br /> �,-;,�.;:.
<br />�=�'.„r�`'-�., WHEREI�S, Horrower and Lender hereby desire to amend tk�e
<br />�:�',rt�_�� �xisting Deed of Trust with �,d��nstable Rate R9.der identified —
<br /> �`��-•� �. �n�reinabav� to provide t�at it ahall contin�e to sacuro the -
<br />-..'�'" " "� presently remaininq indlebtedneas from and after the date -�
<br /> �" . �yo.i..,
<br /> -�• ;.� . hereinmfter apecified tm�ether �3th a fixed rate of interest =— -
<br /> � � rat8er thar� a variabl� rate as originally set Eorth in suah -_
<br />-� �, �►d�uBtable Ratv Rider; �L�:.=�-
<br /> : .; �u�:�.,.,.�_-
<br /> . � NOW, THEREAFTER, i� is agxeed: Q•��=_-__�-
<br /> � �=:�_--__
<br /> • g. In��rest Rate and Ma�t�r3�v Modfficat ona Commencing ��''"���
<br /> .�,..-_---....
<br /> ' efPactive Fahri� y 7 , 199 7, the indebtedness secured by '����•
<br /> :L'r''r
<br /> ?:',-
<br /> . ''.'t� ":....
<br /> � �he Deed of Trust with �,diustablo Rate Rider herei.nabove � � - �.-��.:=-
<br /> .r.�.�.�:�
<br /> xdentified shall accrue intez�Qat at a fixed rate ofse�en and one-half ,-:�.-.;
<br /> � percent (3,,,��) throughout the remaininq term of such �� -� =
<br /> , -,.. .
<br /> __ _-�--_�' indebtednesB and. notwithstandinct the Arovisions contair�ed in the '� -
<br />- - --_- .
<br />- adjuatable Rate Rfder, there shall be no furkher adjustments to --
<br /> such inter�at rate. The final maturity of such indebtednPSS as
<br /> = modified, secured by such DeQd of Trust aha11 be February i, 2007 � �,
<br />_ , notwithstnading any o�her date of maturity wh3ch may
<br /> -, Ixave been specified in the Deed e� Truat hereinabove identified.
<br /> -' ° 2. Continuing �f��ct. Excep� �s speci€iaally modified by '
<br /> this Deed of Trust PSodification Agreement, all other terms and �,
<br /> - provisions of tha D�e�i of Trust witih 1►d jus�able Ytate Rider
<br /> � � h�reinabove identified shall remain in full force and effect.
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