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87101499
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Last modified
10/19/2011 3:44:49 AM
Creation date
3/27/2008 2:03:14 PM
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DEEDS
Inst Number
87101499
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FORM 2290 -Agent (Rev. 5-84) <br />Page 1 <br />The Federal Land Bank of Omaha <br />AGREEMENT REAMORTIZING MORTGAGE 87- 101499 <br />t.t>Ar. <br />_�j 31 J 6 _%l <br />WHEREAS, Fred Eickhoff and Dorothy Eickhoff, Husband and Wife <br />executed and deliver I Land Bank of Omaha (Post Office a+dress, Omaha. Nebraska) a certain <br />not tired by a/o t Yy situated in County, State of <br />asks Tsd/ttt - owl <br />recorded in Book of Mortgages, on Page(s) <br />_r_ , or as _ �F ty, o the ecorands1pfDsaid Co tv d <br />a correctuxt supplenental trortgage in &%j, is and <br />WHEREAS, the present owner(s) (and contract purchasers, if any) of the following - described security in <br />Hall County, State of Nebraska <br />tis ,• <br />U'04-------------- -- - - -- -- 12 1ON <br />(exceFt that land conveyed by deed recorded in Book 140, <br />Page 620) <br />RGE. <br />12W 6th P.M. <br />has consented to The Federal Land Bank of Omaha reamortiring the balance remaining unpaid on said <br />mortgage loan in accordance with Form 2216. Reamortization Computation and Agreement. <br />NOW, THEREFORE, The Federal Land Bank of Omaha agrees to reamortize said mortgage loan, and the <br />aforesaid present owner(s) (and contract purchasers, if any) hereby promises and agrees to pay said unpaid <br />balance according to all the terms and conditions of an agreement to reamortize heretofore executed and <br />delivered to The Federal Land Bank of Omaha. Said agreement to reamortize provides for the payment of said <br />unpaid an jvithliftftt at the said rate on an amortization plan, the last installment being due and payable <br />on . Said agreement further provides that the Bank may establish <br />a higher or lower rate of interest, which will thereupon apply to the unmatured balance of the debt and will <br />remain in effect until a different rate of interest is established. When a different rate of interest is established, <br />the amount of each subsequent payment will be increased or decreased to reflect the different rate of interest. <br />All defaulted payments on advances for taxes, for payment of insurance premiums and liens made under the <br />terms of the mortgage and on all delinquent amounts after maturity will bear interest from the date of default <br />until paid at a rate which is equal to the then current interest rate plus two percent per annum, or such higher <br />or lower rate as may from time to time be established. <br />The rights of the mortgagee against all persons, other than the persons) executing or consenting to this agree- <br />ment, who may, in any manner, be personally liable on any or all of the original indebtedness, or who may have <br />any interest in or lien on any or all of the security covered by the mortgage, are reserved. Any and all persons <br />against whom rights are so reserved may demand that the mortgagee enforce all rights as to such indebtedness <br />as though this agreement of reamortization had not been made. In the event such demand is made, this agree- <br />ment will be null and void as to such nonconsenting parties. All rights against anyone, against whom <br />rights are herein reserved, may be waived or may be enfor as if this agreement had t been ma a. <br />Dated 3-11- g7 l r , <br />Frec) Et.ckho�f j <br />Dorothy Ei ff <br />Attu: <br />THE FEDERAL LAND BANK OF OMAHA <br />By Federal Land Bank Association of <br />Keanyey <br />Its Agent and Attorney -in -fait i.. <br />By <br />-ViCt? Preside,,! <br />
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