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~,. ~.. _.. ,. kS; the: parties hereto des3r€ to nsutuslly agree. uptan a procedure for the partial release of individual condominium, unir~s from the secrtnd real-est$t~ mortgage lien-ereaterl by the.. real. estate mortgage first referred to above. 4dITNESSET'H The parties hereto mutually agree to modify the second real- estate mortgage made and entered into by-and between the parties on the 24th day of Novers:ber, I98Q, which granted the Mortgagee a second real estate mortgage on Lots One (1), Two {2), Three.(3), and Four (4) in Lindsay Subdivision to the City c T_i 1 r......a ~..1~..~i- '•`3e}''rrs4n "?'F,e narYi eg here-tn C7i tx~3i'i(: iy.t31:tZ, asi eau ~ ~++ , - mutually agree that said second mortgage shall be subject and subardinate to a new mortgage to be procured by the Mortgagor and Corporate Mortgagor, made by said Mortgagors to the First Savings Company of Grand Island, Grand Island, Nebraska, as Mortgagee, an or before the first day of April, 1481, and not exceeding the suss of Two }tundxed and Seventy-five Thousand dollars {$275,OCtG.Gt3). pies interest thereon. This pzcvision shall tee binding on th¢ parties hereto, their successors and assigns. The Mortgagee agrees tc~ grant to tt:e Mortgagor and Corporate "~rtgagcr a partial release of t?is secot~d real estate mortgage first described a~iove for any condominium unit which the Mortgagor and Corporate Mczrtgagor shall designate upon rscef.pt from such parties of ~2,486.~14, as principal plus interest clue thereon. tither than for the r~ difications of the reiationship sr t,':e parties as set- £er*_?~ above: ail the terms, provisions ~ c~sxditions of the second real estate ~c.+rtgage between ttte parties dated N~SVem~ser 24, Ip80, and referred to above, shall rain in full force and effect sod are hereby ratified and re~t$f 3.reae~d .