Laserfiche WebLink
A <br />FORM 2280 -Agent (Rev. 1.84) <br />Page 1 <br />85-002505 <br />The Federal Land Bank of OmaM <br />AGREEMENT REAMORTIZING MORTGAGE <br />WHEREAS, Nei- Rub -Bill Holsteins, Inc., Ruben E. Meier, Joyce A. Meier, & Randall <br />R. Meier <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 mortgage being recorded in Book of Mortgages, on Page(s) <br />, or as #78- 006248 — , 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 Nwhrankn <br />SWh; and W40111SElt of Section 13, Township 12 North, Range 9, West of the 6th P.M. <br />Together with all the mortgagor's right, title & interest in and to the S'IINW) of <br />Section 13, Township 12 North, Range 9, West of the 6th P.M. <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 />aforesaid present owners) (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 Feral 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 5- 1-2nn5 . Said agreement further provides that the Bank may establish <br />a higher or lower 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 />the amount of each subsequent payment will be increased or decreased to reflect the different rate of interest. <br />All defaulted payments on advances for taxes, for payment of insurance premiums and liens made under the <br />terms of the mortgage and on all delinquent amounts after maturity will bear interest from the date of default <br />until 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 rights of the mortgagee against all persons, other than the person(s) executing or consenting to this agree - <br />ment, who may, in any manner, be personally liable on any or all of the original indebtedness, or who may have <br />any interest in or lien on any or all of the security covered by the mortgage, are reserved. Any and all persons <br />spinal whom rights are so reserved may demand that the mortgagee enforce all rights as to such indebtedness <br />se though this agroorri tnt of rommortization had not been made. In the event such demand is made, this agree- <br />ment will be null and void as to such nonconsenting parties. All rights against anyone, against whom <br />rights are herein reserved, may be waived or may be enforced as if this agreement had not been made. <br />Dated _ �� �'� _ Mai- Rub -Bill Holsteins Inc. <br />By.; <br />XSEAL <br />/, fS <br />Attu: <br />`u n a Kuben E, r <br />Atte ±• 'A k ��,c t <br />e er ce r <br />s <br />i an a er _� _. _._ ... , u a el <br />Tf V VEDERAL LAND BANK OF OMAHA <br />Bly --:F ral Land Bank Association of <br />Its Agent kind Attorney-on-fact <br />BY <br />R <br />