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<br /> THIS.DEED OF TRUST MODIFICATION �,GRLEHENT made and eacecuted
<br /> this �Is�" dmy of Decemher , �998, by and�between TIm C. PLATE, A STNGI.E
<br /> PFRSnr�ar�a Rimni F F pl_ATE AND sEpp�NT�F R. PI.ATE,�husband and wife , �
<br /> hereinafter referred to as "Borrower", and IiOME FEDERAL SAVINGS �
<br /> �ND LO?,N A590CIATION OF GRAND IBI,I�ND, hereinafter referred to as �
<br /> ��Lender".
<br /> WITNESSETH:
<br /> WHERF,�,S, Borrower did execute a certsin Note payable to the
<br /> order oP the Lender in �he total �rigi.nal �mount of 75,000,00 .
<br /> SEVENTY FIVE THDUSANQ AND NO 100---------------°---Dollars ($ )�
<br /> WHEREAS, the Note desaribed above wae secured by a D�ed af
<br /> Trust dated November 20, 1998, f iled of record in the Uf f ice of
<br /> the }iA_��_ County Register of Deeds on November 20 , 199?,
<br /> as pocument Na, ,�7-109807 in respect to that reaY estate
<br /> described as:
<br /> LOT TWENTY-THREE (23), SADDLE CLUB SUBDIVISION, HALL COUNTY� NEBRASKA
<br /> WHERE2,S, .Horrower hns requested that in�ere�t be adjusted to
<br /> the current mnrket fixed rate rather than the rate by whiah the
<br /> maturi�y of the Deed of Trust was oxiginally determined;
<br /> ii1�tERE7►S, Lender is willing to adjust suoh rate to tha
<br /> current market rate for a flxed rate loan �o bs securod by such
<br /> Deed of Truat;
<br /> WHERE�►S, Borrower and Lender hereby desire to amend the
<br /> exiBting Deed oE Trust identified hereinabove to grovide that it
<br /> shall continue to secure the presently remaining indebtedness
<br /> from and aft�r the date riereinafter specified together with an
<br />� adjusted fixed rate of interest;
<br /> NOW, THEREFORE, it is agreed: �
<br />—1 .
<br />-- 1. Tnte est Rate Modification. Conmencing effectiva January 1
<br />_� , 199_,9, the indebtedness secured by the Deed of Trust
<br />�� hereint�bove identified shall accr.ue i�terest at a fixed rate of
<br />�� �P,p� ��� se�� n e?�h S percent ( 7.675�) through�ut the remaining
<br /> _= term of such indebtedness and, the fi.nal maturity of such
<br /> indebtedness as modified sar.ured by such Deed of Trust sYiall be
<br /> -� IloramhPr i 2008 , , notwithstandinq any other date of -
<br /> }� maturity which may have been spocified in the Deed of Trust
<br /> hereinabove identified.
<br /> � 2. continuin�Effect. Except as specifically nodified by
<br /> a'_ �.L s_ .._..a ..c m......,a v...a i f�nn�-i nn anraamant_ a 7 1 other terms $ri[l
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<br /> provisions af the aeed of trust hereinabove identified shall
<br /> � remain in full f.orce an effect.
<br /> 3. Ef f�ec�,on other�cur�v. Al1 real estate mor�gages,
<br /> deeds nf trust, assignn�ents and securit�► agreements heretofore or
<br /> concurrently herewith �o be granted shall remain in full force
<br /> • sand effect to the extent not inconsistent with this Deed af
<br /> Trust Modffication Agreement and shall contirnie as security for
<br /> Borrowers remaining indebt�dness previously existinq until such
<br /> � 1
<br /> � - i� �3�rY
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