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21. Future A3vsmcas. Upon request of Borrower, Lender, at Lender's option, prior to release of this
<br />Mortgage, may make Future Advances to $orrower. Such Future Adwances, with interest thereon, shall
<br />be secured by this Mortgage when evidenced by promissory notes stating that. said notes are secured hereby
<br />excep# that the interest rate on the entire unpaid balance and the term of the original loan, to the extent
<br />permitted by Saw, may be adjusted as the parties hereto may agree. At no time shall the principal amount
<br />of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to pro-
<br />tect the security of this Mortgage, exceed the original amount of the Note plus US ~_-..n/.a--------------___.
<br />PROVIDED, HOWEVER, that prepayments of principal, as provided for in paragraph 22 that follows are
<br />returned to Harrower or are made absolute non-withdrawable principal prepayments prior to advancing
<br />sums as permitted within this paragraph.
<br />22. 5a rings Fund. $orrower may make prepayments of principal on any installment due date az
<br />immediately preceding said date to be effective on the due date foilowmg and prepayment shall be applied
<br />to installments last to become due under this mortgage. Upon request of the undersigned or either of
<br />them, provided a default does not exist and they or one of them are the owners of the mortgaged property,
<br />the lender agrees to furnish to the undersigned or either of them One Hundred (100} percent of such prin-
<br />cipal prepayments and shall pay said amount requested by either party to the party making such request
<br />for said grincipal prepayments, unless advancement is prohibited by the regulations of chartering and super-
<br />visory authorities then in effect or unless one of the undersigned has requested, in writing, that said funds
<br />not be disbursed,,in which case it will require both signatures of the undersigned befohe a disbursement
<br />can be made or until otherwise advised in writing by the party making the request for nondiabursement
<br />of said funds. All such advancements shall be secured by this mortgage in the same manner and e$ect as
<br />if no prepayments had been made.
<br />23. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this
<br />Mortgage, without charge to $orrower. Borrower shall pay all costs of recordation, if any.
<br />°~~ Modifieaticm~. Upon request of borrower, lender, at lender's option, has conditionally waived the
<br />i' '"2 "~'uaid5 far Taa.~ °^d T~~wnro" of tho iTnifnrm (',averfaT2tS
<br />requiremenis as lei furiii ill paragrapu T
<br />of said mortgage provided that the bonower complies with his responsibility as set forth in paragraph #4
<br />and #5 of the Uniform Covenants acknowledging that the lender has conditionally waived his option under
<br />paragraph #2. A breech of this covenant will then activate paragraph #18 "Acceleration; Remedies."
<br />~1'..' Modification. Borrower acknowledges that lender, at lender's option, has stricken from this mortgage
<br />instrument paragraph #21 "I~uture Advances" and by so doing, the borrower acknowledges trial said para-
<br />graph is null and void, and has na effect in this mortgage instrument.
<br />IN WITNESS WHEIREOF, the $orrower has executed this~yMy~ortgage. ~'°
<br />........................................_...-..._._... - ~...... rtin ~an mower
<br />• Linda C. Chapman -'ewer
<br />4338 Kay Avenue, Grand Island, Nebraska 68801
<br />Property Address .......................__.-...___...---.---.---...-.-__.-_--_._._..-.
<br />v..,,
<br />~TAT$ 4F NI#tT>rASICA .--.-.... "^`~" ......... c:aurity 55:
<br />On this .- . ~~?-..-- day of - -!~''~~.Sf.__ , 19 ~~-, bofor+= , t}}~,e~ u de ned a Notary
<br />Public in and for said CouritV, t~eronallt° can',e .Martin R. Chapman anc~rC.inda ~, $~5n,
<br />husband-and iaif`e, ___ _____ ______ °-
<br />personally known to me to be the identical persons whale names are a>`lixed to the above: and faregaing
<br />instrument, as mortgagors, and each aeknawledged said instrument to be his ar hoe voluntary act and deed.
<br />Witness my hand and natarial seal at . -- -..- Grand Island, Nebraska.. the date last above written.
<br />- --.. . .
<br />-.
<br />_._....
<br />My Commiesion expires: /! 1 f>liNl/11tNIM-•t#retlww.pa, ~~y F/f ,
<br />ilOiMT p, Notar -ie
<br />uM dra 4 rMe.. ail. LtIR
<br />sTa~rE QF _ _..-~
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<br />Caunty -.--... _----..-_.._._ _.._ .... .._._.... { ~-
<br />
<br />;,~ ~ Encored on numcric•sl index and filed fee record in the Register of Deeds Office o[ said County
<br />' lbe
<br />clock snti ...._._. minu±~s .
<br />`_ ~' _ .............. day of ...... _- _ -.... ...._.., l9.__..., at ._..... .. ..o _11I.,~
<br />`~' t}rtd recorded in Boak . .... .. of Mortgagee at page ...- ......., as Instrument Na. .....
<br />~ ~y ,~ oD
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<br />Reg. of Deeds
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<br />~~,. o ~ 'm ~„ ~ r~ V1theR recorded to be returned to the
<br />~tR'I,r~GS AND LOAN ASSOCIATION OF LINCOLN
<br />~ ~ ~ ~. F$~ERAL
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<br />~ Mailing Adtlress Phuna
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<br />[] 135 No. Cotner 81vr1„ LintOln P.O. Box 5204, Lincoln, Ne. 68505 475.0521
<br />p 2101 So. 42nd St., Omaha P.O. Box 6273, Omaha, Ne. 68106 5548000
<br />^ 181! West 2nd St., Grand Island 1811 West 2nd St., Grand Island, Ne. 68801 3844433
<br />
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