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FORM 2290 -Agent (Rev. 1 -84) <br />Page 1 <br />The Federal LwW Bank of Omaha $5-- 000470 <br />1 <br />AGREEMENT REAMORTIZING MORTGAGE <br />WHEREAS, Binfield Corporation, a Nebraska Corporation <br />executed and delivered to The Federal Land Bank of Omaha (Post Office address, Omaha, Nebraska) a certain <br />note secured by a mortgage upon real property situated in Hall County, State of <br />Nebraska said mort ggagge being recorded in Book of Mortgages, on Page(s) <br />or as 82- 005049 of the records of said County; and <br />WHEREAS, the present owner(s) (and contract purchasers, if any) of the following- described security in <br />Hall County, State of Nebraska <br />has consented to The Federal Land Bank of Omaha reamortizing the balance remaining unpaid on said <br />mortgage loan in accordance with Form 2216, Reamortization Computation and Agreement. <br />NOW, THEREFORE, The Federal Land Bank of Omaha agrees to reamortize said mortgage loan, and the <br />afo d present owner(s) (and contract purchasers, if any) hereby promises and agrees to pay said unpaid <br />balance according to all the terms and conditions of an agreement to reamortize heretofore executed and <br />delivered to The Federal Land Bank of Omaha. Said agreement to reamortize provides for the payment of said <br />unpaid balance with interest at the said rate on an amortization plan, the last installment being due and payable <br />on Deceaber 1, 2002 . Said agreement further provides that the Bank may establish <br />a higher or lover rate of interest, which will thereupon apply to the unmatured balance of the debt and will <br />remain in effect until a different rate of interest is established. When a different rate of interest is established, <br />Me amount of each subsequent payment will be increased or decreased to reflect the different rate of interest. <br />AN defaulted payments on advances for taxes, for payment of insurance premiums and liens made under the <br />forma of the mortgage and on all delinquent amounts after maturity will bear interest from the date of default <br />untd paid at.a rate which is equal to the then current interest rate plus two percent per annum, or such higher <br />or lower rate as may from time to time be established. <br />THE FEDERAL LAND BANK OF OMAHA <br />^" <br />By Federal Land Bank Association of <br />n <br />Its Agent and Attorney- in •fact <br />,.y <br />6 <br />Ely <br />M <br />E <br />