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87102595
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Last modified
10/19/2011 5:57:54 AM
Creation date
3/27/2008 2:14:18 PM
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DEEDS
Inst Number
87102595
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N B AN ^S Prior Mortgage <br />87-102595 Rider <br />THiS RIDER modifies and supplements the Deed of Trust to which it is attached ( "Deed of Trust') and the terms hereof shall <br />prevail aver 811 conflicts and inconsistencies contained in said Deed of Trust. <br />1. Beneficiary and Trustee hereby acknowledge that the Deed of Trust is subordinate to a certain _Mor��a� <br />recorded in the office of the Register of Deeds of _._ Hai] ________ County , Nebraska, at <br />between __Rutb_Ann_. Raid — - - - - -- - -- - -- - - -- and <br />(hereinafter called the "prior Mortgage ") and all representations, covenants pY�y ant Trustor made in the peed <br />of Trust are hereby modified to the extent necessary to provide for such Prior Mortgage. <br />2. To the extent the Prior Mortgage steall require the payment of, and for so long as Trustor shall pay to the holder of the Prior <br />Mortgage, funds for the payment of taxes, assessments, insurance premiums 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 />and ,,or Beneficiary 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, tax 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 above 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 amounts advanced by, and other expenses of, <br />Beneficiary in curing such default, together with interest thereon at 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 doss hereby assign and convey to Beneficiary, all of Trustor's rights, titles and interests in and to the <br />Prior Mortgage. <br />7. In the 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 address set forth in the Deed of Trust. <br />This Rider has been executed rn conjunction with the Deed of Trust to which it is attached and constitutes an integral <br />part thereof. <br />TRUSTOR: <br />Ruth Ann Reid <br />n;S Rr � ibeoaa.m CAe,v; <br />TRUSTEE and BENEFICIARY: <br />Norwest Bank ___ <br />Title Aas- stant- VjCE_PZesident <br />J <br />1� <br />W <br />
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