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86106225
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Last modified
10/18/2011 8:12:06 PM
Creation date
3/31/2008 3:24:19 PM
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DEEDS
Inst Number
86106225
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Prior Mortgage <br />N,gA,IVKS Rider <br />ss— 10629,5 <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 over all 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 _ Mort a e <br />recorded in the fflce of the Register of Deeds of Hall County, Nebraska, at ran is and- - <br />n first <br />Fe era Lincoln and Stephen R Beltzer <br />(hereinafter called the "Prior Mortgage ") and all representations, covenants and warranties 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 />naives 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 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 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 in conjunction with the Deed of Trust to which it is attached and constitutes an integral <br />part thereof. <br />TRUSTOR: <br />ANS 817 iNawaska C qty <br />TRUSTEE and BENEFICIARY: <br />NorwestBank Nebraska, National Association_ <br />By <br />Tale: L <br />I <br />
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