87106496 - Laserfiche WebLink

Browse

Ttd$ RiDER moolffies and supplernants the Dead of Trust to which It is attached ( "Deed of Trust') and the terms ! prevail over ON conts and Inconsistencies contained in said Dead of Trust. t. Maneftiary and Trustee hereby acknowledge that Uts Trust is subordinate to a certain 99e _ a f Trua t recorded ht the of Register of s of o f County, Nebraska, at between _.-Lay-1 (heremalter called the "Prior Mortgage ") and all representations, covenants and warranties of Trustor made in Me Dead of Trust am hereby modified to the extent necessary to provide for such Prior Mortgage. 2. To the extent the Prior Mortgage shall require the payment of, and for so long as Truster shall pay to the holder of the Prior Mortgage, funds for the payment of taxes, assessments, Insurance premiums and ground rents, Beneficiary hereby waives its right to collect the same. 3. AN original insurance policies, tax statements and other documents and instruments which are to be delivered to Trustee andior Beneficiary pursuant to the terms of the Deed of Trust are, to the extent the Prior Mortgage requires otherwise, modified to permit the possession thereof by the holder of the Prior Mortgage, provided however, Trustor shat furnish copies of eN such insurance policies, tax statements and other documents and Instruments to Trustee or , as the case may be. 4. If Trusla r shall default in any of the terms, conditions or provisions of the Prior Mortgage, or In the instruments of indebtedness secured thereby, or if any proceeding or action shall be commenced to foreclose the Prior Mortgage, any or all of the above shall constitute an Event of Default as defined in the Deed of Trust. 5. Beneficiary, at its option, may cure any default of Trustor in any of the terms, conditions or provisions of the Prior Mortgage, or in the instruments of indebtedness secured thereby, and all amounts advanced by, and other expenses of, Beneficiary in curing such default, together with interest thereon at the default rate, if any, set forth in the Note, or otherwise at the highest rate permitted by law, shall constitute a part of the indebtedness secured by the Deed of Trust and shah be due and payable by Trustor to Beneficiary upon demand. 6. Trustor does hereby assign and convey to Beneficiary, all of Trustor's rights, titles and interests in and to the Prior Mortgage. 7. In the event the Prior Mortgage shall be a deed of trust, Beneficiary hereby requests that a copy of any notice of default and notice of sale be mailed to it at its address set forth in the Deed of Trust. This Rider has been executed in conjunction with the Deed of Trust to which it is attached and constitutes an integral part thereof. TRUSTOR. TRUSTEE and BENEFICIARY NorwestBank N bra-qka, National AsspCiation Larry J. Kelly 1919 Douglas, Omaha- N x, Arlene F. Kelly �.� - — - -- - -- _ By Title: Personal Banker �3 ®et rrWn+Rata axy± U