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umipicaim Aw on' ICN AGMM 89--M 104241 <br />CRUM D. BOSSWW aM JM9r KAY -SM". Husband and Wife, whether <br />OW Or More, herein called the M►MWr, and ME OVMAND NATIM& SM OF GEW14D <br />ISLAND, Camid Island, Nebraska, herein called the Mortgagee, hereby agree as follow: <br />1. Mortgagor has executed and delivered to Mokrtgagee a real estate <br />mortgage dated December 7,, 1903, and recorded on December 8, 1983 as Dacuwnt <br />Numbers 83-006476-' 83-00S479,1 83-006477; 83-006478"in the office of the Register <br />of Deeds, W1 &Z. Nebraska, in consideration of a certain lbrtgage note for <br />$177,500.00, a valid subsisting obligation of the Mortgajpr,, and payment of the <br />reminder of the principal and accrued interest thereon shall be due according to <br />the tenos of the aforementioned real estate Mortgage, modified and payable in the <br />follcAring manner: <br />A mortgage note dated January 14, 1985 (Note #9276) and Heal Estate <br />Mortgages dated December 7, 1983, on which a principal balance of <br />$76,500.00 now remains unpaid, Mortgagee will advance $101,000.00 <br />to MDrtgWr under tN "Future Advance" clause of Mortgage Item <br />#11, of Mortga4-- datW- De6ember 7, 1983, signed by Mortgagor;. <br />FAMMiaing principal talwce and futmv advance totaling $177,50().00 <br />v.111 be repaid in monthly principal payments of $1,500.00 beginning <br />Augwt 20, 1989, and oontizaing on the 20th day of every month <br />=,ttl December 20, 1991, at which time the entire principal balance <br />znd accrued interest is due and payable in full. Interest is due.-' <br />ind.payable on December 31.,:-.t of each year beginning December 31, 1989. <br />himr-re. t will accrue fr= August 1, 1989 at an interest We of <br />one—yzarter pezrxnt (JT..) above National Bank of Cmnerce Reference <br />Rate at a bMi=ing'#.ierest rate of 11.75%, as r=stablished from time to <br />2. All othei terms iind conditions contained in the original real estate <br />mortgage dated December 7, 1963, shall remain the saw, and this UxUfication <br />Agreement is made a part of the original real estate mortgage by reference and <br />shall inure to all snecessors and assigns and their heirs. <br />This debt will,. also f* further w(v..ured by Financing Statcment and Se=ity <br />Agreements dawd June 1, 1987 =,J Augwst 1, 1989. <br />Dated this LA,, a day of August, 1989. <br />c2larles D. Bw"Imu! <br />THE *AT AL ROK <br />By: <br />GO Biirnmund.-Vice Pixfsident <br />Sr=lt, OF NIMI M-) <br />0068M OF HA 14 <br />Before me, � notary public qualified for said county, Personally Came <br />Charles D. Bobbelman arvJ Janet Kay Dosselman, 1h.E,'And and Wife, known to me to be <br />the identical persons who signed the foregoinglun'trument, and acknowlettged the <br />exmution thereof to be his tnd her voluntary an.t., and deed. <br />Witne-us my hand and notarial seal on <br />Not Public <br />-I- <br />A��a_� � f'- �! I ter � �� � � ;y;� • -O; ' � ; '"� ' <br />