Laserfiche WebLink
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 />