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202400181
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Last modified
1/16/2024 10:45:28 AM
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1/16/2024 10:45:28 AM
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DEEDS
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202400181
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INST 2124 0 0 1 8 1 <br />CASH <br />CHECK /67 -to <br />REFUNDS: <br />C>lrt-I <br />CHECK. <br />RECORDED <br />HALL COUNTY NE <br />724 JAN 1b AO OS <br />KRISTI WOLD <br />REGISTER OF DEEDS <br />OMB No. 0560-0237 <br />Return to: Farm Service Agency �Vw}r�cbyq,,,2-0 F Form Approved -- <br />� /'1. 61 � Expiration Date: 12/31/2025 <br />703 S Webb Rd, Suite A, Grand Island, 68803 N [dee Page 2 for Privacy Act and Public Burden Statements) <br />Position 5 <br />FSA -2319 <br />(10-13-22) <br />U.S. DEPARTMENT OF AGRICULTURE <br />Farm Service Agency <br />AGREEMENT WITH PRIOR LIENHOLDER <br />1. WHEREAS (a) Adams County Bank <br />(Mortgagee) is the holder of a certain (b) Trust Deed <br />(Security Instrument) recorded in Book No. (OPP-40.2 4/006 / <br />Page (d) <br />of the (e) Register of Deeds Records of (X) Hall <br />County; (g) Nebraska <br />2. WHEREAS Brady M. Harrenstein, a single person <br />(Mortgagor) is the owner of certain real estate described in the above listed security instrument; and <br />3. WHEREAS, Mortgagor has applied to the United States of America, United States Department of Agriculture, acting <br />through the Farm Service Agency (Government), for a loan to be secured by a mortgage, deed of trust, or other security <br />instrument that will be subject to the Security Instrument held by or the benefit of Mortgagee; <br />4. THEREFORE, in consideration of the making of the loan by the Government, Mortgagee, for Mortgagee's self, heirs, <br />executors, administrators, successors, and assigns does hereby agree: <br />(a) That, if not required under State law, foreclosure proceedings will not begin unless the Government is provided prior <br />written notice by certified mail not later than the date the notice to cure is provided to the borrower. <br />This notice will be sent to the following address: <br />FARM SERVICE AGENCY <br />703 S WEI3i3 RD, SUITE A <br />GRAND ISLAND, NE 68803 <br />(b) That the Government may, at its option cure any monetary default by paying the amount of the Mortgagor's <br />delinquent payments to the Mortgagee, or pay the obligation in full and the Mortgagee will assign the lien to the Government <br />subject to any provisions for borrower rights incorporated therein or otherwise applicable to the Mortgagor as stated in <br />statute or regulation. <br />(c) That to the extent the Security Instrument secures future advances, which have priority over the Government's <br />security instrument, no advances for purposes other than taxes, insurance or payment on other prior liens will be made under <br />any future advance feature of the Mortgagee's Security Instrument without the written consent of the Government. Nothing <br />in this Agreement shall be construed to prevent the Mortgagee from readvancing within an existing line of credit up to the <br />existing maximum principal borrowing limit; and <br />F8A-2319 (10-13-22) Page 1 of 2 <br />
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