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P-261
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��(n ��� <br /> �����,���L�VJ J��J� ���,��� � <br /> � � , , -STATE JOU NAL °�-�"�" <br /> SUPPLE�dENTAL A(�REE�ENT <br /> KNOW ALL MEN BY THESE PRESENTS; <br /> � THAT �HEREA$,FEDERAL TRUBT CO�PANY has ne$otiated for us Roy G.Appel and wife ,Dagny,a <br /> loan of �6000.00 ,secured by first mort a e u on the remises here <br /> � � P inafter descr e <br /> P ib d and propo <br /> making a aale of eaid note and mortgage to an investor,and, <br /> VGHEREAS,the investor,in puxchasing said note and mortgagd will rely on our agreement to pay <br /> the same according to t}ae t�rme thereof and it is to our in�erest to provide that such pay— <br />� ment shall. be promptly made,and, - <br /> �iEREA8,sa1d FEDERAL_ TRUST CO�iPANY,in making a aale of aaid note and mortgage may obligate <br /> itself to collect from us the installments of interest as they mature and forward the same <br /> to its investor and throughout the life of the mort�age may care for �he interests of the � <br /> in�reator respecting the payment of taxes and observing the covenants af the mortgage ,and, <br /> �VHEREAB,the said FEDERAL TRUST COMPANY may ,fram time to time ,advanve for us to the investar <br /> , <br /> the interest Fm d make other payments tha� may mature upon said note and mortgage according <br /> to the terms thereof. <br /> NO�,THEREFORE,I�i consideration of the premises ,we do hereby covenant and agree with <br /> FEDERAL TRUST COMPANY that we wi11 promptly pay the interest andprincipal maturin� upon the <br /> note executed by ue on the date hereof and payable to FEDERAL TRUST C4MPANY in accordance <br /> with the terme thareof and w�nich ' �ot� is secured by mortgage eaecuted by us on �his date <br /> to �'EDERAL TRUST CO�IPANY conveying the folldwing described property situated in the c oun�y <br /> � of Hall state of Nebraska to—wit; The Southeast Quarter (SE�) of Seotion Five (5� ,Townehip <br /> � <br /> Nine (9) ,North Range Twelve (12) ,i�est of the 6th P.M. <br />� �Pe fuxther covenant to and with the said FEDERAL TRUST COMPANY that we Will strictly <br /> � observe the oovenanta and reements contained in said mort a e <br /> � � g g and promptly pay the taxes <br /> rl accruing upon the above described premises before the same shall be in default. <br /> � <br /> � �fe further a�ree tha,t in the event we fail to pay the interest or make the other payments <br /> maturing upon said loan promptly as the s ame matures,or in the event that we default in the <br />� . � payment of ta�es and said FEDERAL TRUST COMPANY elect to an3 do advance euah interes� or <br /> other paymente,we will repa� same with interest at� the rate provided in said note and mort— <br /> �age and that the said F�DERAL TRU5T QOMPANY,shall have a lien upon the above desexibed pre— <br /> � mises for any moneys advanced by them for any and a11 auch payments,with interest ,and we <br /> hereby �rant and convey un�o aaid Federal Trust Corapany the real estate above d escribed to <br /> secure any such advances so made ,�rith intereat thereon. <br /> Should we default in the payment of any aums of money maturing under said note and mor�— <br /> gage or in any of the covenante therein contained and ehould said FEDERAL TRUST QOMPANY <br /> make any euch payments,it shall have a lien upon a11 cxops r aised and grown upon said pre— <br /> mises and maturing af�er such default and shall collect and receive all rents accruing or <br /> becomin� due from any tenant after or during the year of any such defaul� . <br /> For any payments made for us by the said FEDERAL TRUST CO�dPANY,maturing under the terms <br /> and .provisions of said note and mortgage ,tne said FEDERAL TRUST QO�PANY shall be subrogated <br /> to all of the rights ,liena and remedies provided in said note and mortgage for the o�ner and <br /> holder thereof ,subjec� only to subsequently maturing paymen�s. <br /> Upon �'he full payment by us of t.�e note secured by said mortga,ge and the satisfaotion of <br /> our obligations thereunder ,this instrument and all obligations under it sha11 terminate. <br /> IN 'J�ITNE3S �PHEREOF we have .executed the foregoing this 30th day of December 1927. <br /> IN PRESENCE OF: �toy G.Appel <br /> Anna M.9or�nsen Dagny Appel <br />
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