21. Future Advances. Upon request of Borrower, Lender, at Lender's option, prior to release of this
<br />Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall
<br />be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby
<br />except that the interest rate on the entire unpaid balance and the term of the original loan, to the extent
<br />permitted by law, 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 ~ ..~6,45C.00____.,
<br />PROVIL'ED, HOWEVER, that prepayments of principal, as provided for in paragraph 22 that follows are
<br />returned to Borrower or are made absolute non-withdrawable principal prepayments prior to advancing
<br />sums as permitted within this paragraph.
<br />22. Savings Fund. Borrower may make prepayments of principal on any installment. due date or
<br />immediately preceding said date to be effective on the due date following and prepayment shall be applied
<br />to installments last to become due under this martgage. 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 :ender 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 principal 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 before a disbursement
<br />can be made or until otherwise advised in writing by the party making the request for nondisbursement
<br />of said funds. All such advancements shall be secured by this mortgage in the same manner and effect as
<br />if no prepayments had been made.
<br />23. Release. Upon payment of ail sums secured by this Mortgage, Lender shall discharge this
<br />h4ort.gage, without charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />_ t ~ 24. Modiiiurhoa i3non request of borrower, lender, at lender's option. has conditionally waived the
<br />~`yf(` requirements as set forth in paragraph #2 "Funds for 't'axes and insuran~c' of `; - :,'rifa,-; C~ ~:.aa'.s
<br />of said mortgage provided that the grower 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 />IN WITNESS WHEREUP, the BOr[OWer has executed this Mortgage.
<br />ice D iep~ -Borrower
<br />" ~ i
<br />_ .
<br />Conn~e S. Kniep -Borrower
<br />Property Address -1J10. Allen C/ou/rt} Grand lsland, Nebraska 68801
<br />STA'rt OF NEflR.4S1{:~ ...............f.:.x~T--.. C[)Untl ~..
<br />On this ...t.7 ..... day ~ rt A`~a~,.~ . 19 . ~~ ., before me, the. undersigned, a Notary
<br />Public. in and for said County. 1,-~~rsoralfy came 'rfauriee -D..-.F:r~.;.~p .allcl io~til.~ 5. iitl~p, tttiSl~iid.
<br />and erif>_- -__~ ffin=_=~x~_===~~=~~aa~s=_=_=r~--=°_-°°°-_°--°_-- -_--°-
<br />personally known. to me to be the identical persons whose names are affixed to the above and foregoing
<br />instrument, as martgagor;, and each acknowled d said instru a tt to he his or bee voluntary act and deed.
<br />Witness my hand and notarial seal at ..,.....~.ls~-•!;--!f•- the date last atwve written. ~
<br />saw-~.rarw..r f~,~..~ 7~`f~ U
<br />My Commissie.~t expires: ff -~pp~~p,h/~It... ~.°~. •. .f .~"C_ ~
<br />~M{f~iFM~~-ttU! ATOtary lie ~
<br />to
<br />_ .... _ _._...._. 09
<br />_..
<br />STATE OF _ ~ ,,;
<br />t sa;.
<br />County ~ C9
<br />`-, ~ Entered on numerical index and filed for recard in the Register at heeds Off'i~•c' of said County the
<br />.. . day aE _..... 19. ...., at -. o'clock and minutes M.,
<br />~~ ` tarorded~n'I3ot5$-, .... of Mortgages at pago - , as Instrum<<nt Ncr. .
<br />-_
<br />~} i i
<br />c "1 ,_ i,~t ~ I ~ I
<br />"r t ~ .r -.. --- ----------- ---------- --- -------- --
<br />u ~ `x i ~ ~ `~ ` Reg. of Deeds -.... -
<br />E ~ N " r``^ ~' zg
<br />H -- d ~ ~
<br />c ° ij (~ a: o _;, 8 s: }3Y - ...._ ..... .. ................ ._._ ._ .__._.. ...I)aputy
<br />r„ F
<br />~ m t -~`~ ~ When recorded to be returned to the
<br />m_
<br />~ a' RSA ERAL SAVINGS ANI) LOAN ASSOCIATION OF LINCOLN
<br />w d
<br />~ ~ Mailing Address Phond
<br />^ 135 No. Cotner Blvd, lineoln P.O. Box 5204, Lincoln, Ne. 68505 475-0521
<br />^ 2101 So. 02nd St., t3maha P.O. Box 6273, Omaha. Ne. fi8106 5548000
<br />[] 1811 West 2nd St.. Grand Island 1811 West 2nd 8i., Grand Island, Ne. 68801 384-4433
<br />
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