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<br /> ���KS � � � .3��'`a :' ��,�? ��,� Mortgage Modifccat►on �,E
<br /> �., � �
<br /> °'"�1:; w 7th FEBRUARY 1997 beiweenNonvestBank
<br />���`�=•� 7hls Agreement ls made thls_ day ot �
<br /> ��d%(�4
<br />_'':;y�ly�hQ � ,Nallonal Assodatlon,exlsling under the laws o/the United States of Amerlca
<br /> - �.:6:'; � (fhe"Bank') `-
<br /> r���,..:: havingftsofficeat �ry , aa _ �the "Borrower") -
<br /> ����� ".��. TIMOTHY R. ARENDS AND SUSAN 0. ARENDS, HUSBAND AND WIFE
<br /> �y' � end —
<br /> Namo(s)o/borrowvKs)
<br />.-..,:+;��,,; ►BSId111g At Adtlros ' G ��—
<br />- '���� TTM� T��R AAR`y^`� •�m ettc w�t n AR�NiI���jj��� t�)��� (IhB"h10i799lJOr)
<br /> ::^ and
<br />._,;::4:�' rverrare}�a�ae�q�(+�LEMAN ROAD GRAND ISLAND , NE
<br /> .��}�f�� resldingat A�ro� ' Gy sraro
<br /> ,f�`��'}�' Rec►tafa �b. Amount o/Regular Mlnlmum Mon�h/y Payments
<br />:�,��i;r
<br /> �, The Benk Is the holder ol fhe Home Equ(ry Access Llne Agreement of Each regular min/mum monthty payment will be calculated on the day
<br /> •�:i;,, the Borrower dated AtTl:ttST 90 . .-].9.9b- .payabte to the monihy sta�ement!s prepared and�vill be due on the date shown
<br />__ _.�Y� the order o!the Bank with the odglnsl maxlmum aveileble princfpal in fhat statement(whlch wl11 be spproxlmately ib days aRer 1he day the
<br /> _ ama�r.t a!: ?'�.�n� nn S•�N.,+a�;i W��n A.nA���rtry datA of, stsfement la prepnred).Each rogu/ar minlmum monthty payment wUl
<br /> _..-.r��� �..^. e«� , _�rs be the folfow/ng amount(pros any uveriine i+mouni�:
<br /> -��M:..� s �" ' � [�a lixed amount ol3 500.00
<br /> T,��� 2. To secure payment ol the Note,tho Mortgagor has glven a mo�igage or �a payment Ihat Is equal fo the g�eater o/3
<br /> ---=_-^-� daed o/trust("MortgAge)to the Bank,dated -.;.,;;B��S--B ,
<br /> �""'"_ �}.gcjlr,su6JocNng to the 1len thereo!certeln real estets located!n °r °b ol the unpald loan balance.
<br /> County, more These two optlons may not fully repay the balanco ow/ng on fhls
<br /> � �rticularly da In the M.ortgage. r��i� Ilne ot cre�dit boloro fhe Maturity Dafe.
<br /> �� 3. r�B Mon ye was Illedlor recond on , ❑a paymenf Ihef Is equnl to fhe Ilnance charge(and credAU►surenCe
<br /> 9Q -l4H8�39'F-�6-- promlums,if any)owln�.Thls optlon wlil not fulty rcpay Ihe balanco
<br /> �- In the olfko ol►he ol thn owing on W�dne o!credlf before the Maturlry Date.
<br /> _-� &6Q4g namea�counry ea Docu n�T_���--- 9.FJn�rtc�Ch�rp��
<br /> !n BooWRou _._ Pega/Image ' ❑a. Margln
<br /> • 4. In connecfbn wilh the BNng of Ihe Mortgage,a mortgago rv�lstry tax ❑The dally perlodlc rnte wtll be ❑lncrensed U decreasod to
<br /> was pa/d fo the Tressursr ol seld counryln the amount ol f/385 of an artnual rete ol h ovei fhe 7ndsx Rete"c�ellned
<br /> — S o� � In fho Note(or as modilled).
<br /> � snd thdt Treasurer placed hls or herstamp on the Mortgage.sald ���the Bonowor ceases to be an employee o/tho Bank or f�s
<br /> stamp bearing number � g�
<br /> nlfillntes,Ihe Bank wl11 lncrease the anrtual rate byadding � o.
<br /> b. 7he 8omoxnNMortgagoracknowJedges that[he Note snd the MoRgage �b. Index Rate
<br /> � (includ/ng eny prevlous modllkst/onsJ are legal and b/nding obllgaHons, rne 7ndex Rate'!s changed to tho hfghest prlme rate pubf%shed!n
<br /> , iree and dear ot eny clafm,defense or offseL the Wall Strvet Joumal'Money Retes"tabls.
<br /> -�:R�� G Tha 8orro:�cr/MoRgagor uad the Bank now deslre to make changes to q.OlhEf ChBTg@8
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