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84000702
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Last modified
11/18/2008 4:33:17 PM
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11/18/2008 4:33:05 PM
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DEEDS
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84000702
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,,. ~. <br />84 --~ 0007(}2. <br />AcBts~wT ADJUSrINC toAN ram <br />LOAM NIII®Nf 15917b <br />tA1tN;A8, the John Hancock Mutual LiFt Inrursnce Company, herein Ballad "lirat <br />PaetT" is the holder of a certain Note evidencing an obligation in the sum of <br />=270,000.00, secured by a sartgage, or deed of treat, 6eetio:ealled <br />^Nortgage~, dated January 26, 1977 and recorded ae-DOCUSiest Nn. 77-000a39, in <br />the office of the Regiatec of Deeds oP Hall Conatx, State of, liabraska, said <br />Note Given by Bernard C. Warders and Bog~ne A. Waedera, husband and wife, 'aid ' <br />Wortgage given b1 Barnard C. Herders- and 8ogeae A. Warders, hwbaud and wih , <br />Bernard C. Herders, also known as Barnard Narders; <br />AND (AlgREAS, the balance of principal rawainin6 unpaid on said°Note>ia <br />=22?,000.00; <br />AMD Miigl:6#S, Barnard C. Herders and eogene A. Harder:, husband and wift,- <br />hereia tolled "Second Partin" hereby warrant that they are nose the sale ownara <br />of the real estate so encumbered; <br />AND YNEQg11B, Second Party also represent and warrant that there art no--liapsr <br />oe encumbrances upon said real estate junior and inferior to tht Noetgagt <br />ezcept: -N6-#tEYPF70MY:- <br />FdRlfNR&• 110lIg ADNINISTBATION <br />NOY, THSRElD4S, in consideration of the release by the Pirst Part! of 40 acres. <br />of the property described in said swrtgage, from the lien thereof, and is <br />consideration oP the mutual benefits to and the mutual prosisea of the partite <br />hereto, it is hereby agreed with respect to the Note sad Mortgage: <br />That from and after January 1, 198• the principal remaining fror tine to bier <br />unpaid shall bear interest at the rate of 111 par annum, instead of 9-1/2S.:psrR <br />annum as originally provided. <br />That the default rata of interest provided for in the above referred to note <br />andlor mortga;e is hereby increased to 13x per gnaw from I2x par annum. <br />That the rata of intertat provided for in the above referred to sbrtgags for <br />advancts by the mortgagee for taxes, assenments or charges or procurdaunt of <br />insurance as stipulated in said mortgage, and the rata of interest proridtd <br />for in said mortgage for litigation expense advanced by the martgaget as <br />stipulated is said mortgage is hereby increased to 131 per annum from 121 per <br />aanw, <br />that the option far prepaymtnt of principal which is recited in the Note <br />and/or Mortgage be changed to read as follows: <br />Tht privilege is reserved to pay =200.00 or any multiple thtrtaf on <br />account of the principal on any iataeest paying dales proridtd such <br />paysrat dote not e:eted =22,000,00 including obligatory principal <br />paymtnts in any sae year, sorb privilege not to be cuaulativa, <br /> <br /> <br />L,... <br />
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