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86102165
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86102165
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Last modified
10/18/2011 10:02:10 AM
Creation date
3/31/2008 2:22:03 PM
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DEEDS
Inst Number
86102165
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'39e <br />The Federal Land Bank of Omaha <br />AGREEMENT REAMORTIZING MORTGAGE <br />r� ;LOAN NUMBER 86- 102165 <br />Ij 3. 0 9 <br />WHEREAS, :,Dondla E. Rattert and Jean M. Rauert, husband and wife, <br />executed and delivered to The Federal Land Bank of Omaha (Post Office address, Omaha, Nebraska) a certain <br />note secured by a mortgage upon real property situated in Hall County, State of <br />aid mortg e b t!� r cD ded in Book of Mortgages, on Page(s) <br />or as - gcument iWO. J l %0j 9* of the records of said County; and <br />WHEREAS, the present owner(s) (and contract purchasers, if any) of the following- described security in <br />Hall County, State of Nebraska <br />has consented to The Federal Land Bank of Omaha reamortizing the balance remaining unpaid on said <br />mortgage loan in accordance - -.vith Form 2216, Reamortization Computation and Agreement. <br />NOW, THEREFORE, The Federal Land Bank of Omaha agrees to reamortize said mortgage loan, and the <br />aforesaid present owner(s) (and contract purchasers, if any) hereby promises and agrees to pay said unpaid <br />balance according to all the terms and conditions of an agreement to reamortize heretofore executed and <br />delivered to The Federal Land Bank of Omaha. Said agreement to reamortize provides for the payment of said <br />unpaid b lane with int rB ccat the said rate on an amortization plan, the last installment being due and payable <br />on tet em�er 1 , �U�U Said agreement further provides that the Bank may establish <br />a higher or lower rate of interest, which will thereupon apply to the unmatured balance of the debt and will <br />remain in effect until a different rate of interest is established. When a different rate of interest is established, <br />the amount of each subsequent payment will be increased or decreased to reflect the different rate of interest. <br />All defaulted payments on advances for taxes, for payment of insurance premiums and liens made under the <br />terms of the mortgage and on all delinquent amounts after maturity will bear interest from the date of default <br />until paid at a rate which is equal to the then current interest rate plus two percent per annum, or such higher <br />or lower rate as may from time to time be established. <br />The rights of the mortgagee against all persons, other than the person(s) executing or consenting to this agree- <br />ment, who may, in any manner, be personally liable on any or all of the original indebtedness, or who may have <br />any interest in or lien on any or all of the security covered by the mo e, are reserved. Any and all persons <br />against whom rights are so reserved may demand that the mortig 'i'ffprce ¢II rights as to such indebtedness <br />as though this agreement of reamortization had not been made. In t e °04rand is made, this agree- <br />ment will be null and void as to such nonconsenting parties. gainst whom <br />rights are herein reserved, may be waived or may be enforced as if this agreemen had not been made. <br />Datedu_Y <br />L THE FEDERAL LAND BANK OF OMAHA <br />LIZ <br />By Federal Land Bank Association of <br />Attest f %f /, L �E Gran+ ";Ian a <br />its Agent and Attorney• in-fac, <br />
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