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<br /> 1V�� SC�EL�A1�T���JS ��C ��� S � ��������
<br /> .. TXEAU6UftIM[C0.14787 . . . .. . .. ' . ��
<br /> imp�ir or diminish the righta �ranted to the PRUDENTIAL und�r the aforesaid mortgage and note.
<br /> It is, understood and agreed by the 0�lNER that if, in the discretion of the PRUDEN�IAL, it becomea
<br /> neoessary for the latter to begin forealosure proceedings, the PRUDENTIAL shall remain in possession
<br /> of the mort�aged premises and shall exercise a1I the po�vers granted to it by this agreement, iP it
<br /> eo desires, until such time as the purchaser at Poreclosure sale shall be entitled to take po�session
<br /> oP the property by virtue oP such aale.
<br /> 7. The rlghts and remedies given to the PRUDENTIAL by this agreement shall be in addition to and
<br /> not in lieu of any of the rights, remedies, terms, covenar�ts or provieions of the said �nort�age and
<br /> note. If the v�lidity oP thi+a agreewent or of any of the provisions thereof' sha31 be attached by
<br /> any party having an interest in the a�oresaid real property, and if, as �he result of �uch atta0k,
<br /> this agreement or any of its provisions should be held to be invalid, the aPoresaid mor�gage and
<br /> note shall not be in any way aPfeeted by the invalidity of this agreement or any portion thereof.
<br /> The invalidity oP any one or more oP the provisions oP this agreement shall not invalidate the
<br /> remaining and valid portions thereof.
<br /> �. The provlsions of thls instrument ahall be bindin� upon the O�Y�TER, his heirs, executors, admin.-
<br /> istrators, aucceseors or assigns, and ahall be irrevocable except with the written consent oP the
<br />' PRtTDENTIAL: provided, hov1ever, that iP the OWNER ahall at any time following a default .hereafter
<br /> place the eaid mort�age loan completely in good standing, havin� complied at such latEr date with
<br /> all the �ayment provisions and the terma, covenanta and conditions of the aaid mortgage and note,
<br /> then the PRUDEP�TIAL shall redeliver possession oP the mor�gaged premises to the O11�NER, who ahall
<br /> tiI anather dePault_ occurs at which time the PRUDENTI,AL ma at
<br /> remain in poesession unZess and un , Y
<br /> its option again take possession oP the mortgaged premises under the terms and provisione of this
<br /> agreement.
<br /> 9. The word "OV�NER." as used in this agreement, sha.il be construed to mean any one or more partiee
<br /> who are holdera of legal title. The evord anote" �hall be construed to mean the ins�rument (whether
<br /> note or bond) which was given to evidence the indebtedness held by the PRUDENTIAL agalnst the mort-
<br /> �aged premises; and the word '�mort�a�ep shall be construe d to mean the instrument securing the.
<br /> said indebtedness and owned and held by the PRUDEN�.'IAL, whether sueh instrument be mortgage, loan
<br /> deed, trust deed, vendor 's Iien or other�ise.
<br /> 10. If parties other than the OWNr�H �oin in the execution of this agreement said additional parties
<br /> being holdera of mortgage or other lien upon the aforesaid mortgaged premises or otherwise inter- `
<br /> ested therein, the said additional parties, by. virtue of such execution oP this instrument, and
<br /> notwithstandin� the fact that they are nat specifically n�.med as parties herein, shall be deemed
<br /> and conatrued to have consented to, and to be fully bound by, the tertns and provi�ions hereoP._
<br /> ,
<br /> The consideration to such additional partiee Por the execution hereof are the consideratione set
<br /> forth on page 1 of this a greement, namely the extending of this loan.
<br /> IN �fITA1ESS t�HEREOF, ov�ner has exPCUted this agreement in manner and form proper and suffiaient
<br /> in I�xw to bind each and all of them on the day and year first above written.
<br /> Signed, 9��Ied and delivered James A.�ichelson (�EAI�)
<br /> in the presence of:
<br /> - A.A.Lynn Imo�ene Fay �dichelao� (SEA�,)
<br /> . . A.B.Lynn
<br /> STkTE OF NEBRASKA ) On 'this 9th day of February, �939, before me, personally apz�eared James A.
<br /> )ss
<br /> COUI�TY OF H�,LL ) �Y1chelson and Tmogene Fay �dichelson, husband and wife, to me knawr� ta be
<br /> the p���ons described in, and who executed the foregoing instrument, and to whom � made known the
<br /> contents thereof, and acknowledged that they executed the +eame as their free and voluntary act and
<br /> deed �or the usea and purposes therein expressed.
<br /> zl� TESTI�Or1Y t�HEREOF, I have hereunto set my har�d and affixed my official seal at my ot'Pice in ?
<br /> Grand I�2and,Nebraska, the day and year Iast abov written. � '
<br /> �gEAL� ANotary Publie
<br /> My Cammission Expires Sept. 10, 19�3. �jG:��� ����
<br /> F'1led for record this 1� dav oP February, 1939, �t 10:00 o 'clock A.M. u�
<br /> Register of Deed—s
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