21. Future Advances. Upon request of Borrower, Lender, at Lender's option, prior to release of this
<br />14fortgage, may make Future Advances to Borrower. Such, Future Advances, with interest theieon, shall
<br />be secured by this Mortgage when evidenced by llsromissory 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, t-_ the extent
<br />permit-led by law, may be adjusted as the parties hereto may agree. At no time shalt 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 lbfortgage, exceed the original amount of the Note plus US $....4y,,250.00
<br />PROVII}ED, HORTEVER, 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 Ftusd. 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 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 oxmers 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 />cipaY prepayments and shall pay said amount requested by either party to the party making such request
<br />for said prinoKpal prepayments, unless advancement is prohibited by the regulations of chattering 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 m 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 all sums secured by this Mortgage, Lender shall discharge this
<br />Mortgage, without charge to Borrawer. Borrawer shall pay all costs of recordation, if any.
<br />Modification Upon teq:test of borrower, lender, at lender's option, has conditionally waived the
<br />regwrements ae net forth in paragraph #2 "Funds for Taxes and Insurance" of the Uniform Covenants
<br />of said mortgage provided that the borrower complies with his responsibility as net forth in pare #4
<br />and #fi of the Uniform Covenants acknowledging that the lender has conditionally waived his op#aon~untler
<br />patagraph #2. A breech of this covenant will then activate paragraph #18 "Acceleration; Remedies,"
<br />Ix WI2Ne4s WxexeoF, the Borrower has executed this Mortgage.
<br />........
<br />icj~ard ra~,en --Borrower
<br />Janice K. Frauen -Borrawer
<br />Property Address .......11.1.5..Eas.t .Phoenlx.,_.Grand..island,.-~.e>~xaslsa... 688Q.1---._.........-.. _ ._...__ ...
<br />Srn~x ov Ngtsaasx~ .,llama- - ..['ounty ss:
<br />T .
<br />Om this , !i'.._. .day of ...., -:c~:.a"~~:r~~~?r~-'--... 18 l.~_, heforr~ rme, the under;igned, a Nottery
<br />Public in and for said t'ounty, personally came ...Richard--};._- ~'sa~e~,.d..dana..~~. ~,.-,FI~,u@~?, _.,._.. -..
<br />- htlaba~~, end £e:
<br />per~+..at! k:~~ ±~ ..,F !, t~_ th d~-rtF«I ~~ xrhos,~ a:~n~a are a~ned to Ehe a~ e and ort<~ca~.g
<br />msGrument, as morte~eors, a~ each as•_krscwledged ~xd .nstnent Yo be h=s or liot' valutttary ~~ and ctn.
<br />Witness my hand and notarial seal at ....Grand.. d~,,..Nebsaska.._..... the date last abox°e writien.
<br />~uut tooter-au• ~ N.r.,w ,
<br />14fy Commission expin?s: CpMItIES.eAtE3.....- ^~B.j1I^e« L~Q.n,:s.~c.:3-:
<br />~pycnarn,E,p.oat.n,tsat ~~ -._............ _........._.
<br />. Notary Public
<br />S'I.4TE OF ___............-_......
<br />~.
<br />County .-..... __ . - ,. ._ .. ,....._..._.... ~ -.~ c:+ c„ r
<br />~~ :.c~ rte.., i
<br />"~ c z.
<br />Ente~rad on numerical index and filed for record in the Regifiter of s Olfic~f spltj~'ttuttty the ~
<br />.... . ........ day of .....-.. - - 19........, at .. .. o'~Ir~cktt~_ ... . 'i'mint"tt~s .. ...A{.,
<br />.... .
<br />...,
<br />and recorded in Book ......... .......... of fvtartgagea at page ... .. ~., 8s Inaintmt!~t ~ 4,.~ .? ~ c'~,:
<br />m ~ s R~ o~ ~5
<br />.~~ ~` > ~ ~
<br />By ..., ....,. -. .......,. ._..._...~ u y ~ a,
<br />.~
<br />~ a ~ ~
<br />When recorded to be returned to the ~
<br />rt~
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />Strcat Address tdallina Atldnfs
<br />PAone
<br />^ 135 Na Cotner Blvd.. t.incoln P.O. Box 52Qd, Lincoln, Ne. 58605 475.0521
<br />,^-, 2I61 Scs. 42nd 52., Omatfa R.O. Box b273, Omaha. Na. 6810n 554~8pt1p
<br />L7 I$I-I West 2nd St., Grand Island 1811 Wast Znd St., Grand Island, Na. 68801 384-4433
<br />[d _ - ---_
<br />`4,
<br />
|