IU,IFICAT1Q,I AT a'. ,a,,41iISIt7; Aff.--_T 11.°i 86— 105627
<br />JDF ENrERPRISES, A Partnership AM) JOHN D. FOISW AND SALLIE S. FOLSMI, Husband
<br />and Wife, whether one or more, herein called the Mortgagor, and THE OVERLAND NATIONAL.
<br />BANK OF GRAND ISLAND, Grand Island, Hall County, Nebraska, herein called the Mortgagee,
<br />hereby agree as follows:
<br />I. Mortgagor has executed and delivered to Mortgagee first real estate mortgages
<br />dated November 12, 1981, and each recorded on November 13, 1981 as Document "lumbers
<br />81- 005697 and 81- 005696-in the office of the Register of Deeds, Hall County, Nebraska,
<br />in consideration of a certain note for $800,000.00, a valid subsisting obligation of
<br />the Mortgagor, and payment of the remainder of the principal and accrued interest
<br />thereon shall be due according to the terms nf the aforementioned real estate mortgages,
<br />modified and payable in the following manner:
<br />A note dated November 12, 1981, on which a principal
<br />balance of $7x33,305.19 rettrsirrs unpaid, will ire repaid in
<br />monthly payments of $7,500.00, applied first to interest
<br />and balance to principal, beginning on October 4, 1986,
<br />tnu: or. the 4Lh day of each month thereafter, until April
<br />4, 1987, at which time the entire principal balance plus
<br />all accrued interest will be fully due and payable.
<br />2. All other terms and conditions contained in the original first real estate
<br />mortgages dated November 12, I981, shall remain the same, and this Niodification Agree-
<br />ment is made a part of the original first real estate mortgages by reference and shall
<br />inure to all Successors and assigns and their heirs.
<br />Dated this 4th day of September, 1986.
<br />,sr
<br />RErORDERS IALHO.
<br />Reg. of Deevs
<br />a
<br />65DYIE OF NEBRASKA)
<br />)
<br />) S5.
<br />ODLN'rY OF HALL )
<br />JDF LN'TERPRIa`b, A Partnership
<br />13Y'_r�, A Partner
<br />Partner
<br />ohm Fo]scxn, Irtdi victual Iv - - --
<br />S lie S. f1r5som, Individually
<br />THE OA'kR A<114 N JONNAA�L BANK OF GRAND ISLAND
<br />13y:. - --
<br />lobert A. Morris, President
<br />Before me, a notary public qualified for said county, personally carne .Jahn D. Folsom
<br />and Sallie S. Folsom, known to rhea to b:- the identical persons who signed the foregoing
<br />instrument quid acknowledged the execution thereof to tx• his turd her voluntary act and deed.
<br />Witness my hand and notarial seal on Sept ember . 4 , 1986.
<br />KAREN M. NtEOfEIT �
<br />My Conan fig flee 12. !Ml
<br />No'.0 Pub 1 is
<br />STATE OF NEBIWKA)
<br />OOU'NrY OF HALI.
<br />Before me, a notary publ is qual it ie d for said oount� , personal l y carne Robert A. 1ku xis,
<br />known to me to be the identical lrt•rson who sigmed the instrLm-,rit. and acknowledged
<br />the execution thereof to tom• his vollUntary act and deg -,d and the voluntary act and deed as
<br />an officer of said corporation.
<br />Wi t ne.-.s my hand and notarial seal on Supt (- snh(A, ,} , 1 LiKi .
<br />�isNrr �O►Yn -Ma. w r.ww
<br />kAREEi Ik, FgE'DfCIT
<br />rRy fr»n Ezn pgr t ?, 1�!'
<br />lot rrt• Ptrbl i� -
<br />
|