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<br />r <br /> <br />83- 001188' <br /> <br /> <br />Commencing at the NE corner of said SEt, Section 9, <br />thence west along the North line of said SEt a distance <br />of 1,677.68 feet to the point of beginning; thence <br />S54051'30"W 223.59 feet, thence S79'02'30"W 273.59 feet, <br />thence S60013'W 313.28 feet, thence S34028'40"W 373.35 <br />feet to a point on the West line of said SEt, thence <br />NOo29'E 644.10 along the West line of said SEt to the <br />NW corner of said SEt, thence east 929.24 feet along <br />the North line of said SEt to the point of beginning, <br />said parcel containing 5.18 acres, more or less (NOTE: <br />The North line of the SEt, Sec. 9-9-11 is assumed to bear <br />due east-west.); <br /> <br />together with all of Lots Five (5)and Six (6) in the <br />Northeast Quarter (NEt) of Section Nine (9), Township <br />Nine (9) North, Range Eleven (11) West of the 6th P.M., <br />in Hall County, Nebraska, <br /> <br />with the mortgage remaining in full force and effect with reference <br /> <br />to the Southeast Quarter (SEt) of Section Nine (9), Township Nine <br /> <br />(9) North, Range Eleven (11) West of the 6th P.M. in Hall County, <br /> <br />Nebraska, EXCEPT FOR a tract of land in the Northwest Quarter of <br /> <br />the Southeast Quarter (NwtSEt) of said section described above <br /> <br />consisting of 5.18 acres, more or less, and have requested that <br /> <br />the terms of such promissory note and mortgage be modified, renewed <br /> <br />and assumed by the Buyer; <br /> <br />NOW, THEREFORE, IT IS AGREED by and between the parties hereto, <br /> <br />in consideration of the mutual promises and covenants herein and <br /> <br />performance of the same: <br /> <br />1. That the following payments shall be made to Mortgagee on <br />or before the date of execution of this agreement: <br /> <br />Principal installment due 2/1/83 <br />Less funds in Prepayment Reserve Acct. <br />Balance of 2/1/83 insttillment <br />Interest installment due 2/1/83 <br />Penalty interest on $1,912.34 @ 12t% from <br />2/1/83 to 3/1/82 <br /> <br />$ 4,025.00 <br />2,112.66 <br /> <br />$ 1,912.34 <br />17,346.29 <br /> <br />18.34 <br /> <br />Total installment due 2/1/83, plus penalty <br />Accrued interest on $148,925.00 @llt% from <br />2/1/83 to 3/1/83 <br /> <br />$19,276.97 <br /> <br />Total amount due as of 3/1/83 <br />(Total per diem $47.5764) <br /> <br />1,313.80 <br />$20,590.77 <br /> <br />-2- <br />