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<br />1flp878 87,... 10474
<br />3. This Loan Modification Agreement Is wade in corisidera-
<br />Lion
<br />of the sun of Two Thousand and No /100 Dollars ($2y000.00),to
<br />be paid concurrently with the execution. of this. Loan �todificatiCfA
<br />- -
<br />.Agreement.. _ ....
<br />4. The Note dated April 7, 1981, hereby modified is,
<br />prey
<br />resentl secured
<br />secured by a Second Real Estate mortgage dated April 7,
<br />end recorded as Document Noy 81-001792 in the - office<of
<br />Register
<br />of Deeds of Hall County, Xebbraska, iii respect to tisat
<br />real estate
<br />described. as.
<br />Lots One (I), Two (Z) , Three f3) , live (5)
<br />and Six (5), in Rlock Four (4) and Lots Seven
<br />(7) and
<br />Eight (8; in Bock 'three (3). , all in
<br />Packer & Barr's;Audat -on to the. city of Grand
<br />;
<br />Island, Hall County Mehrask
<br />and in accordance with the pro ion S Of :t:sat seconc Real Estate
<br />.
<br />Mortgage, it shall remain as security fo- the indebtedness
<br />hereby
<br />x�
<br />5- Leaders acknowledge that they will subordinate theme
<br />- 3reSeS3'� -Ilea
<br />aaortgage . 't0 faCi: =hate- the refsnanC=g Of pres ent
<br />first mortgage I- debtedness
<br />so Zone as such subordination, shall.
<br />not exceed the print -pal' sum of **rf �gZtsaAr �{+ta lis�irD�E�
<br />TiM•e�3A'nr - —.�-�_ Do., la ( ,3Qa
<br />r ,
<br />6 All
<br />- a real estate mortgages, a deeds
<br />nd security af'f trust; tss.1ga ats
<br />agreements :.
<br />r
<br />granted by LkorraWerY to the
<br />T. endez-s shall remain in full, force ante effect and arall in
<br />no
<br />manner be affected, ; by t1?is Loan Me -i—;z ication Ad-eement and s
<br />'�
<br />.
<br />-all -
<br />continue' as - :security .`Cdr the- 'indebtedisess by this
<br />Agreement,
<br />r
<br />as well as any future in btedzsess "ow,ng :f£cmi Borrosrers�
<br />to the Len6ers for 'future. advamm,,:�es renewals R
<br />i
<br />respect to all
<br />sums owing from BOrrOvers to the Lenders-
<br />7= Borrowers further s* -enant to and w tlh `he Lenders that
<br />try
<br />h
<br />s€aZI, and wa'3„ at a_ny time, now or later, upon re;l-uest�
<br />�`, do, execute and deliver
<br />-
<br />all su,::h .further and I other acts,
<br />deeds 'and things as shall
<br />ube.,. �'reasonably regufren to effectuate ,
<br />the intention, of his Loan i 4zca'£iGa3
<br />4.
<br />cl.Yd —_IIt' and'. to 3.nSitri?
<br />and —nfirm to.the ceders ail and sinqu the
<br />property,,_ -ecur?-
<br />ties and right- described, ad intended to be
<br />Co=suelie-i ' as
<br />sect rity, SO as to render the Sai�-e, -.and- all port
<br />�.o�'ss a. whether whether now owased,
<br />later
<br />a£ acquired, su ds eet- to these -. termse - Provisions and
<br />conditi*ns according to tale true intent
<br />and purposes expressed
<br />8_ The failure of the Lenders, at any tease, to reepsxre the
<br />performance by the Borrowers
<br />of any of these teams, covenants and
<br />agreets shall, in no,. way, affect its rights to
<br />enfzrce the
<br />same; nor the waiver by the. Lenders of any breach
<br />of a.^ay tern ,
<br />tenant or agreement be taken_ or - held to be a- wa =_ve£ of . easy
<br />su ee Ong hTeac:s or
<br />any such term, cevena --,t br agreement, or as
<br />a Waiver of the term, co-L, er_ant and Agreement itself.
<br />-2-
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