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�0110��2� <br />THE FOLLOWIPIG DESCRIBED PROPERTY LOCATED IN HALL COUNTY, NEBRASKA: LOTS SIX <br />(6) AND SEVEN (7), IN HAWTHORNE PLACE IN HALL COUNTY, NEBRASKA. <br />In consideration of the mutual promises and agreements exchanged, the parties hereto agree as <br />follows (notwithstanding anything to the contrary contained in the Note or Security Instrument): <br />1. As of July 1, 2011, the amount payable under the Note and the Security Instrument (the "Unpaid <br />Principal Balance") is U.S. $66,292.40, consisting of the amount(s) loaned to Borrower by Lender <br />plus capitalized interest in the amount of $4,005.57 and other amounts capitalized, which is limited <br />to escrows and any legal fees and related foreclosure costs that may have been accrued for work <br />completed. <br />2. Borrower promises to pay tF�e Unpaid Principal Balance, pl�s interest, to th� order of Lender. <br />Interest will be charged on the Unpaid Principal Balance at the yearly rate of 4.500%, from July 1, <br />2071. Borrower promises to make monthly payments of principal and interest of U.S. $335.89, <br />beginning on the 1st day of August, 2011, and continuing thereafter on the same day of each <br />succeeding month until principal and interest are paid in full. If on July 1, 2041 (the "Maturity <br />Date"), Borrower still owes amounts under the Note and the Security Instrument, as amended by <br />this Agreement, Borrower will pay these amounts in full on the Maturity Date. <br />3. If all or any part of the Property or any interest in the Property is sold or transferred (or if Borrower <br />is not a natural person and a beneficial interest in BoROwer is sold or transferred) without Lender's <br />prior written consent, Lender may require immediate payment in full of all sums secured by the <br />Security Instrument. <br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall <br />provide a period of not less than 30 days from the date the notice is delivered or mailed within <br />which Borrower must pay all sums secured by the Security Instrument. If BoROwer fails to pay <br />these sums prior to the expiration of this period, Lender may invoke any remedies permitted by <br />the Security Instrument without further notice or demand on Borrower. <br />4. BoROwer also will comply with all other covenants, agreements, and requirements of the Security <br />Instrument, including without limitation, Borrowers covenants and agreements to make all <br />payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other <br />payments that BoROwer is obligated to make under the Security Instrument; however, the <br />following terms and provisions are forever canceled, null and void, as of the date specified in <br />paragraph No. 1 above: <br />(a) all terms and provisions of the Note and Security Instrument (if any) providing for, <br />implementing, or relating to, any change or adjustment in the rate of interest payable <br />under the Note; and <br />(b) all terms and provisions of any adjustable rate rider, or other instrument or document that <br />is affixed to, wholly or partially incorporated into, or is part of, the Note or Security <br />HUD MODIFICATION AGREEMENT <br />8300 03/11 (page 2 of 6 <br />