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<br /> ����� Norwest Ban Amendment to Mortgage/Deed of Trust_..-
<br /> NoewESra�wKS PO Box 2440
<br /> ����� Omaha, NE 68103 (HEALOC) �,
<br /> .....� 3 � �SC� ��°� � t �
<br /> This Amendment to Mortgage/Deed of Trust("Amendment")is made as of this 10 t h day of M a r c h , 19�_
<br /> by and between Norwest Bank _N e b r a s k a. N a t i o n a 1 A s o i a i o n , having its office at
<br /> 202 W. 3rd Street � Grand Island � NE . 68801 (the "Lender"), and
<br /> David G Palu and Betty L Palu, husband and wife
<br /> (whether one or more, the "Mortgagor").
<br /> Recita/s
<br /> A. The Lender is the holder of the Home Equiry Access Line Agreement of.•
<br /> ❑the Mortgagor(also referred to as the"Borrower"),
<br /> � (referred to as the "Borrower"),
<br /> which is dated J u 1 y 8 , , 1g 9 4 , under which the Lender has extended to the Borrower a revolving line
<br /> of credit(such Home Equiry Access Line Agreemeni, together wifh any modifications to it made prior to the date of this Amendment,
<br /> referred to as the "Note'). The credit limit for the revolving line of credit evidenced by the Nofe current/y is$ 1 1 , 5 0 0 . 0 0 ,
<br /> 8. To secureJpa�ment of the amounts outstanding�nder the Note, the Mortgagor has given a morlgage or deed of trust to fhe Lender
<br /> dated u y 8 � , 19 9 , (such mortgage or deed of trust, together wifh any modifications to it made
<br /> prior to the date of this Amendment, referred to as the "Mortgage"), covering and placing a lien upon the real property more
<br /> particularly described in the Mortgage. The Mortgage was originally filed for record on J u 1 y 2 7 , 19 9 4
<br /> intheofficeofthe Register of Deeds of Hall Counry,
<br /> as Document No. - in Book/Roll Page/Image .
<br /> C. In connecfion with the original filing of the Mortgage,a mortgage registry fax was paid to the Treasurer of such county in the amount
<br /> of$ N/A or� N/A , i9 N A , and that Treasurer p/aced his/her
<br /> stamp on the Mortgage,such stamp bearfng number N/A .
<br /> D. The Mortgagor acknow/edges that the Mortgage is valid and enforceable and represents the Mortgagor's lega/and binding
<br /> obligations, free and clear of any claim, defense or offset.
<br /> E. The Mortgagor and the Bank now desire to amend the Mortgage to reflecf certain changes to the Borrower's revolving line of credit
<br /> with the Bank that is secured by the Mortgage.
<br /> F.
<br /> Lot Thirty - Two (32) , Amick Acres East Subdivision, Hall County ,
<br /> Nebraska .
<br /> Agreement
<br /> Accordingly, in consideration of fhe premises and other good and valuable consideration, each paid to the other, the parties to this
<br /> Agreement agree as follows:
<br /> �HEALOC Mod/ficatfon Agreement. The Borrower has executed and delivered to the Bank a HEALOC Modification Agreement
<br /> dated �L a r c h 0 , 19�_ (the "Modification"), which modifies the Note as follows:
<br /> � Change In Credit Limft The Borrower's maximum credit limii under the revolving line of credit is changed to a maximum
<br /> principal amount of$ 2 5 � 0 0 0 . 0 0
<br /> LI Extenslon of Maturfty Date. The revolving line of credit will terminate and the entire unpaid principal balan outsta nd' o
<br /> the Note, together with any unpaid finance charges and other charges, will be due and payab/e in full on �a r c i� ��,�0 0 8
<br /> Until such date, the Borrower agrees to make the monthly payments as disclosed in fhe Note, or if modified by the HEALOC
<br /> Modification Agreement, as disclosed in the HEALOC Modification Agreement.
<br /> 1 . 00
<br /> [�Increased Rafe of Ffnance Charge. The daily periodic rafe is now equal fo 1/365 of %over the "Index Rate." The
<br /> "Index Rate"is the variab/e reference rate, adjusted in accordance with the Note(if previously modified, as so modified), which is:
<br /> � the highest prime rate published in the Wall Street Joumal"Money Rates"iab/e.
<br /> ❑ the 91-day Treasury Bill Rate(established at last auction average on a discount basis, rounded to the nearest.10%).
<br /> ❑
<br /> Each reference in the Mortgage to the "Note"shall be deemed on and after the date of this Amendment to refer to the Note as it is
<br /> now amended by the Modification, together wifh any future extensions, modifications, or renewals thereof. The lien of the Mortgage
<br /> shall continue fo secure the revolving line of credif, which is now evidenced by the modified Note.
<br /> NC 12506 MTG(12-96-180019-P)CO,MN,MT,ND,NE,NM,OH,SD,WY
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