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Prior Mortgage <br />$b-- 141105 Rider <br />THIS f tXp modifies and supplements the Deed of Trust to which it is attached ("Deed of Trust -) and the terms hereof shall <br />provo over aN conOcts and inconsistencies contained in said Deer? of Trust. <br />1. and Trustee heresy ack that the Deed of Trust is subordinate to art age a certain g <br />{mss hall Ct nttir, Nebr slr atGrand Island Ha <br />be on a vi and r a era av gs an sncia ott <br />(he►ei M*W caged the "Prior Mortgage") and ail representations, covenan an warrahties of Trustor made in the Deed <br />of Trust are hereby modified to the extent necessary to provide for such Prior Mortgage.. <br />2. To the extent the Prior Mortgage shall 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. AN urinal kmirance pt ctes, tax statements and other documents anc' instruments which are to be delivered to Trustee <br />and/or Beneficiary pursuant to ttae 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 />that case may be <br />6. 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 it 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, it 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 does 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 trial 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 in conjunction with the Deed of Trust to wh ;ch its attached and constitutes an integral <br />part thereof. <br />TRUSTOR: <br />TRUSTEE and BEN�FIC1ARY: . <br />NcrwestBank _Ne ras a, National association <br />_s/ldt ,}� �J ��, P. 0. _Boa 1 768 -Grand Island, Nebraska 68802 <br />Norma# E Anderson _ <br />f By <br />�y Sonya NI. Anderson <br />Title: Business Banking Officer <br />In reference to Document 1186- 100177 and i,86- 100176 with the following legal description: <br />Lot Seven (7) and the Westerly Seven Feet (W 7') of Lot Eight (8), all in <br />Block Nine (9), in Morris Fifth Addition to the City of Grand Island, hall <br />County, Nebraska <br />RUB' 8'7 0+1 <br />L <br />U <br />L J <br />