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<br /> � SUPP�NTAL AGREE�ENT
<br /> � K�tOt�l ALL �IElv' BY THESE PRESENTS;
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<br /> THAT '�lHEREAS,FEDERAL TRUST COPdPANY has negotiated for us Alfred V. Everett Lucile Everett I �
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<br /> a loan of �10,000. 00, secured by first mortga.ge upon the premises hereinafter described and ��
<br /> propose making a sale of said note and mortgage to an investor,and, ;'
<br /> �1HEREAS,the investor,in purchasing said note ar�d :nortgage v�ill rely on our agreement to �;
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<br /> pay the same accarding to the terms thereof a,n�. it is to cur interest to provide that such ii
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<br /> payment shall be promptly made,and,
<br /> VPHEREA�, said FEDERAL TRUST CO�IPANY,in making a. sale of saicl note and mort�;age may obligat�;
<br /> itself to collect from us the insta.11ments of interest as they mature and forward the same ;',�
<br /> to its investor and tl��.oughout the life of the mortgage may eawe for the interests of the in-�
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<br /> vestor respecting the paytnent of taxes and observing the covenants of the mortgage,and, !'
<br /> ' �FiEREAB,the said FEDERAL TRUST CO��ANY ma.y,from ti�r►e to time,advance for us to the invest�r
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<br /> .� the interest and make other payments tha.t may mature upon sai� note and mortgage�to t� term8j
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<br /> �TO�' TFiEFEFORE,in consid.eration of the �re�ises ,�Ye do hereby cov�enant and agree with !,
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<br /> FEHERAL TRUST COPdPANY that �re will promptly pay the interest and princigal ma.turing upon !�
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<br /> the note executed by us on the date hereof and payable to FEDERAL TRUST COMPANY in accordanc�e
<br /> ��'�I with the terms a.nd �vhich note is secured by mort�age executed by us on this date to FEDERAL ''
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<br /> � ' "'RUST C0:;2�°ANY conveying the following described property situated in the county of Hall stat�
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<br /> of Nebxaska, to_yvit: The Southe�.st Qua,rter ( SE�) of Section Five ( 5) ,To�rnship Nine (9) ,Range i
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<br /> �'' T�relve ( 12) ,�Vest of the 5ixth (6th) Principa� L�eridian.
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<br /> K� We further covenant to and with the said FEDERAL TRUST COi�.'ANY that we;will strictly ob- ;;
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<br /> serve the covenantsand agreements conta.ined in said mortgage and promptly p�y the taxes i!
<br /> accruing upon the above described premises before the sa.me shall be in default. ''�
<br /> • � ' We further agree �ha.t in the event �ae fail to pay the intex�st or rnake the other payments ,,�
<br /> maturing upon $aid loan promptly as the same matures,or in the event that we default in the :��'
<br /> � payment of tax�es a,nd said FEDERAL TRUST COMPA�IY elect to and do advance such interest or
<br />. ��� o ther payment s,v�e wi 11 r epay same wi th int er es t at the rat e pro vi ded in sai d not e and mo r tga�e
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<br /> i! and th��t the said FEDERAL TRUST COrvZPANY sha.11 have a lien upon the above deacribed premises
<br /> �! for ar.y moneys �dva.nced by them for any and all such payments,with interest ,and we hereby '�
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<br /> i; grant and convey unto said FEDERAL TRUST COI�dPANY the real estate�described to secure any suc�
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<br />, ; adva,nces so made,with interest thereon.
<br /> Should we default in the pay�ent of any sums of money m�,turing un�.er said note and rnortga�e
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<br /> �, or in any of the covenants therein contained and should said I'EDERAL TRUST COMPANY make,��h ';
<br /> �' payments ,it shall have Iien upon al� crops raised and grown upon said premisea and maturing j�
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<br /> � af�er such defa�lt and shall collect and receive all rents accruing or becoming due �rom anyl�
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<br /> �, tenants after or during the yea.r of any such default. �
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<br /> � For any payments made for us �b� the said FEDERAL TRUST CO�dPANY,maturing under the terms ;�
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<br /> a.nd provisions of s#�.d�note and mortgage,the said FrDERAL TRUST COMPANY shall be subrogated ��',
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<br /> ' to all of the rights, lians and remedies provided in said note and mortgage for the owner i'
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<br /> ' and holder thereof,sub�ec�' only to subsequently maturin�; payments. `
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<br /> ' Upon �he full payment by us of the note secured by said mortgage anc� the satisfaetion of �
<br /> our obligations thereunder,this instrument and a17. obligations under it shall termin�tte. `
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<br /> ; IN '�ITNESS ;�HEREOF,we have executed the foregoing this 26th day of �ctober 1925• i;
<br /> � In Presence of:
<br /> Alfred V. Everett
<br /> �� _ Pauline �Nood � � Lucile Everett �� �
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