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202102521
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Last modified
3/26/2021 3:57:03 PM
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3/26/2021 3:57:03 PM
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DEEDS
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202102521
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STATE OF NEBRASKA <br />ss <br />COUNTY OF HALL <br />ESTOPPEL AFFIDAVIT <br />202102521 <br />John J. Schroll and Carolyn M. Schroll, husband and wife, being first duly and separately sworn, <br />depose and state: <br />THAT they did execute and deliver certain Deeds of Trust in consideration for money loaned to <br />them by Pathway Bank. A Deed of Trust dated May 30, 2006 was filed for record on June 7, 2006, as <br />Instrument No. 200605100 in the records of the Register of Deeds in and for Hall County, Nebraska, and <br />a Deed of Trust dated October 2, 2008 was filed for record on October 16, 2008 as Instrument No. <br />200808764 in the records of the Register of Deeds in and for Hall county, Nebraska, encumber the <br />following described real estate, to -wit: <br />Lot one (1), Obermeier Subdivision, an Addition of the City of Grand Island, Hall County, Nebraska <br />THAT they have defaulted in the payments due on the promissory notes secured by the Deeds <br />of Trust, upon which the amount of Three Hundred Fifty -Three Thousand Two Hundred Fifty -One and <br />Fifty Hundredths Dollars ($353,251.50) is due and outstanding as of November 9, 2018 and they are <br />unable to meet the obligations of the promissory notes according to the terms thereof; <br />THAT they are the same parties who made, executed, and delivered a certain Warranty Deed to <br />Pathway Bank, its successors and assigns, as Grantee, dated November '1 , 2018, conveying the <br />above-described property; that the aforesaid Warranty Deed was an absolute conveyance of all their <br />right, title, and interest in and to said real estate, together with all buildings thereon and appurtenances <br />thereto belonging and appertaining, and a release of dower and homestead rights to said real estate and <br />also a conveyance, transfer, and assignment of their right of possession, rental, and equity of <br />redemption in and to the premises of said real estate; <br />THAT the value of said real estate is not in excess of the amount of said indebtedness <br />outstanding; <br />THAT in addition to the consideration of the premises hereof and in consideration of such <br />conveyance, they have received: (1) forbearance, until October 1, 2020, on collection of the debt owed <br />to Pathway Bank; and, (2) Pathway Bank has promised in an Agreement for Payment of Indebtedness of <br />
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