|
<br />
<br />I
<br />
<br />84__
<br />
<br />004001
<br />
<br />
<br />~G_R_E_E.:...~_E~N_T
<br />
<br />WHEREAS, LeROY G, BUDD and CONSTANCEL.
<br />wife, are the owners of the EastHaH of the Northeast Quarter
<br />(E%NE.lj;) and the North HalIaf the Southeae;t Qua.rt:er(N~,?E.lt;Jj . .... .......... .
<br />both Section One (l), Township Ten. (lO)North ,Range 'rr;felve> (12},
<br />West of the 6th P.M., and the Southw'es.tQuarteroftheNort;ll\\l~st
<br />Quarter (SWrNW%), of Section Six. (6) ; Township Ten (lQ)N()7thc;
<br />Range Eleven (11) West of the 6th P;M., All Hall Cbun.ty, Nebrask.a;
<br />and
<br />
<br />WHEREAS, GLENDALL w. TH.OMAS and BETTYA.THOMA$,husb'~rt~>~p.;;
<br />""if,e, are the owners of the West Half of tl1e Nort:heastQwp:ter-' .
<br />(W\NE3;;) and the South Half of the Southeast Quarter(S%S!t~).~bqth'
<br />Section One (1), Township Ten (10) North;RangeI'Welvec(l'Zc};,'v,l~s1:;
<br />of the 6th P.M., and the SoutheastQuarteroftheNOf;titiW'e~t'Q,~r~7'f
<br />SE3;;NW%;) of Section Six (6), Township Ten (l0) No:r;tht 'RaA'ge.E1:everr
<br />(11) West of the 6th P.M., All Hall County, Nebraska1and -
<br />
<br />i.'HEREAS, the parties are securing loans. from TheEqll.ii~'El;',
<br />Life Assurance Society of the United States on theEas1;:H~l:f((~)
<br />of Section One (1) above described,less the South300~eetof,
<br />the East 250 Feet thereof less Highways, and the SouthHal:fof!t:nf:i.
<br />Northwest Quarter (S\NW-\;) of Section Six (6) above descr,iberl,less
<br />Highways, said loan being: in addition t, a present loan on said .
<br />described property, No, F-18q193; and
<br />
<br />;.'
<br />~s:;,;
<br />. ':~-~-),",
<br />
<br />ili
<br />~,>~:;_::-:: ,.;~ ~ {rl~
<br />":-, '---~<-:>;~
<br />':,n
<br />
<br />~- --,' ";,j'
<br />; -.-:_'--:~?l~
<br />- ,",,#i
<br />
<br />
<br />WHEREAS, The Equitable Life Assurance Society oftheunit.~d,
<br />Stat.es has requested a Family Agreement. he tween theabo...epa):t1;.~,
<br />to be approved by its Kansas City office regarding prohibitionQf
<br />further mortgages on said pro-perty and anAgreementprovi.din.gfQ':'
<br />procedure in the event either party is unable to makethesha.reo~
<br />any payment due and owing at any time during the term of s.aidloan~;
<br />
<br />;;ist
<br />
<br />-'-~'-":,;:CK
<br />
<br />~~
<br />
<br />2, If either party hereto is unable to pay any payment
<br />required of them under the terms of said new Mortgagewithiti
<br />ten (10) days before the same is due and to be paid, then the
<br />other party hereto hereby agrees to raise the share of the payment
<br />the other party cannot raise, and make such payment on due.date,
<br />and further agrees to assume the balance of such defaultin!'tparty's
<br />payments due hereunder, In the event that it becomes necessary
<br />
<br />
<br />;-:::)1
<br />
<br />NOW, TIIEREfORE, IT IS AGREED by and between
<br />parties as follows:
<br />
<br />~ - - -, '""
<br />~ "'$,:~'
<br />
<br />T,:._~
<br />.;,,-,,:-,;:,:
<br />c--~)~-
<br />
<br />1. The parties hereby agree that there can beno.fur.ther
<br />or other mortgages, liens or encumbrances placed upon theabove~
<br />described real property, the subject of this loan, at anytime
<br />during the term of the above-described loan.
<br />
<br />ii,::
<br />
<br />i/
<br />
<br />~-~i
<br />
<br />l""
<br />
<br />~-
<br />
<br />
<br />LJ
<br />
<br />L
<br />
<br />..-1
<br />
<br />L
<br />
|