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<br />t.23EREAS, on January is `, 19 74~, __
<br />cAR23ERS GCfiOFERATIVE E1~EVATOR GaMPANY, tataod River, Nebraska ~- , as Mortgagor,
<br />executed and ~alzvered to arlttllA RANK PaR CaaYEItAT1tTE5, amaha, tdetrraska, as rlortgagee,
<br />a mortgage covering the fo33oering described real estate in hall
<br />County, Nebraska , to cait•
<br />(SxR !3T°`iAGiiT;a~ i~aliiciT "t`s" iirlt BESC c3gTlfiii 3E 1:EAL ,'~'.STAT~')
<br />rzttieh mortgage ~ra.s recorded an Jan-~zary 17 , 3~ ~4
<br />iri 1#oodc 2fi4 ,Page 51 of the fia~rtgage Records of _ gall
<br />County, Nebraska
<br />Wf1EREAS, this mortgage dated January la, 1974 contains a
<br />.fzature advance paragraph indicating that the ultimate amount to be advance$ under
<br />iCS;terms shall not exceed $ 5,aao,a00.aa , and-that all such advances shall be
<br />roads prior to January 1 , 39 73 .
<br />1'1HI;REAS, it is intended by both the :iortgagor and the T*.ortgagee that the afore-
<br />-- said paragraph should be amended to show-the last twn sentences to read as follows:
<br />"This mortgage is given tq secure said futuxe note or-notes as gae21 as
<br />the notes atozr existing, PROVIDED, AatdEVE>;,- the ultimate amount tG be
<br />advanced hereunder shall not exceed $25,a0a,a00.a0 ,and that all
<br />advances to be made under this mortgage shall be made prior to
<br />_ January 1, 1984 ,provided further, however, th$t nothing
<br />in this paragraph shall constitute a commitment to make increased advances
<br />or future loans in arty amount.° .
<br />~tdItEREAS, this mortgage dated January 10, 1974 also contains a paragraph -
<br />"Se~ond" that provides far an interest rata of nine percent par anriu^= £or
<br />any default on ~~surance, licenses, fees, or taxes. This rate is hereby amended
<br />- to read-eighteen .percent-per annum.
<br />N4Ll, TgtERSFORE, it is Faereliy agreed bets.~een the parties hereto that the orfginai
<br />~,..rtgage dated .January l!l __ ~ 1974 is hereby amended to reflect .the amend-
<br />ment to the futuxe advance paragraph, as follows:
<br />"This mortgage is-given to secure said future Hate or notes as creli as htte-rotes
<br />Haw existing, FR(TttiDEl7, TdOWLV`ER, the u3tiu~ate amount to be advanced hereunder
<br />shall not exceed $ 25,t3QQ,Q0a.0a ,and that ell advances to tee-matte-u~tder
<br />this mortgage shall be made prior to January 1, 1984 , pr®vided
<br />further, however, that nothing 5.n %hia paragraph shah o ustit`~cte a ea~itmert
<br />- to make increased advances or future loans in any amount."
<br />said it is further agreed that paragraph "Second'" is hereby amended to read eighteen
<br />pexeent per annum for nay default on insurance, licenses, fees or taxes.
<br />That this mortgage dated 3anuary 10, 3974 shall remain in £ssl.i force
<br />and-effect except insofar as changed by this Amendment, and shah contnue:as a first
<br />lien upon th+e property described therein.
<br />Ilv` tv'iiavcSS-'wczSair°.~,r•, the Mortgagor and the Mortgagee haue executed this- 3astrument
<br />an the date set opposite their signatures.
<br />F_A1ZrfMERB GaoPER_ATIVE Ttt:EVATaR C9]!SfrAIdY .
<br />~f~~'-(Assoc3ati n)
<br />_,'?at~_ exeeutcd: - ___,~i
<br />~~ ~ l-~.a..'`
<br />President
<br />ATTEST: CORP. SEAT.) .
<br />U`;LtixA S6~!: Pnn
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<br />?)sw :°cute~~: Lar..y yep
<br />~ctaber 12. 178 ±S'CTEST_
<br />R. il: Keleher
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