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200710402
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Last modified
12/13/2007 4:39:03 PM
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12/13/2007 4:39:02 PM
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DEEDS
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200710402
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<br />200710482 <br /> <br />3) 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 <br />Government; <br /> <br />4) 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 payments on other prior liens will be made <br />under any future advance feature of the Mortgagee's Security Instrument without the written consent of the Govern- <br />ment; <br /> <br />5) That should the Mortgagee pursue foreclosure by advertisement (non-judicial foreclosure) of the Security <br />Instrument, the Mortgagee will give the Government not less than ~ days prior written notice by Certified Mail <br />at the address( es) set out above of the date, time, and place of the foreclosure sale; <br /> <br />6) That the Closing Agent! Attorney will record this Agreement and legal description with the Security Instrument in <br />the appropriate Real Estate Mortgage Records; <br /> <br />(The following items do not apply to Single Family Housing) <br /> <br />7) That should the Government commence liquidation proceedings and thereafter acquire the real estate covered by the <br />Security Instrument, the Mortgagee will not declare the Security Instrument to be in non-monetary default; <br /> <br />8) That this Agreement includes consent to the Government for making (or transferring) future loans and taking (or <br />retaining) a related mortgage notwithstanding any provision of the Mortgage which prohibits a loan or mortgage (or <br />transfer) without Mortgagee's consent; and <br /> <br />9) That should the Government obtain title to the property either by foreclosure or voluntary conveyance, Mortgagee <br />will grant consent so the Government may transfer the property subject to the prior lien notwithstanding any prohibition <br />in the Mortgagee's Security Instrument to the contrary. <br /> <br />Legal Description: <br /> <br />The Southeast Quarter (SE1/4) of Section Twenty One (21), in Township Nine (9) North, <br />Range Twelve (12) West of the 6th P.M., Hall County, Nebraska. Excepting a certain <br />tract more particularly described in Book 9, Page 659. <br /> <br />Page 2 00 <br />
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