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<br />"BANKS
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<br />88- 104948
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<br />RR27RO
<br />Prior Mortgage
<br />Rider
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<br />THIS RIDER modifies and supplemenrs me Deed of Trust to which il is attached ("Deed of Trust") and the terms hereof shall
<br />prevail ovar all conflicts and inconslstancias contained in said Deed of Trust.
<br />1. Beneficiary and Trustee hereby acknowledge that the Deed of Trustis subordinate toa certain mnrtllaile & Deed 'If t
<br />recorded in the office of the Register of Deeds of HRll Rnrl ArlRmA County, Nebraska, at <~s
<br />betweenF.quit'.Ahl,::a Rttil"ing smd Y.nAn Ar;;Rn~iA.t:ion* and
<br />(hereinafter called the "Prior Mortgage ") and all representations, covenants and warranties of Trustor made in the Deed
<br />of Trust are hereby modified to the extent necessary to provida lor such Prior Mortgage.
<br />2. To the extent the Prior Mortgage shall reqUire the payment of, and for so long as Trustor shafl pay to the holder of tha Prior
<br />Mortgage, funds for the payment of taxes, assessments, insurance pramiums and ground rents, Beneficiary hereby
<br />waives its right to collect the same.
<br />3. All original insurance policies, tax statements and other documents and instruments which are to be delivered to Trustee
<br />end/or Beneficiery pursuant to the terms of the Deed of Trust are. to the extent the Prior Mortgage requires otherwise,
<br />modified to permit the possession thereof by the holder of the Prior Mortgage, provided however, Trustor shall furnish
<br />copies of all such insurance policies, rex statements and other documents and instruments to Trustee or Beneficiary, as
<br />the case may be.
<br />4. If Trustor shall default in any of the terms. conditions or provisions of the Prior Mortgage. or in the instruments of
<br />indebtedness secured thereby. or if any proceeding or action shall be commenced to foreclose the Prior Mortgage, any
<br />or all of the abova shall constitute an Event of Default as defined in the Deed of Trust.
<br />5. Beneficiary, at its option, may cure any default of Trustor in any of the terms, conditions or provisions of the Prior
<br />Mortgage. or in the instruments of indebtedness secured thereby. and all emounts advanced by, and other expenses of,
<br />Beneficiary in curing such default, together with Interest thereon et the default rate, if any, set forth in the Note, or
<br />otherwise at the highest rate permitted by law, shall constitute a part of the Indebtedness secured by the Deed of Trust
<br />and shall be due and payable by Trustor to Beneficiary upon demand.
<br />6. Trustor does hereby assign and convey to Beneficiary. all of Trustor's rights. titles and interests in and to the
<br />Prior Mortgage.
<br />7. In me event the Prior Mortgage shall be a deed of trust, Beneficiary hereby requests that a copy of any notice of default
<br />and notice of sale be mailed to it at its addrass set forth in the Deed of Trust.
<br />This Rider has been executed in conjunction with the Deed of Trust to which It is attached and constitutes an integral
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<br />fJc~
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<br />~ Mary Gaye rs.
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<br />TRUSTEE and BENEFICIARY:
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<br />Association
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<br />Title:
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<br />Vi C'P. Prp'qi tlent
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<br />* of Grand Island,Nebraska, and Roy D. DeMars and Mary Gaye DeMars, husband and wife.
<br />AND American Charter Federal Savings and Loan Association and Roy D. DeMars and Mary G.
<br />D,:,Mars.
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