< _ , . . � �
<br /> � �8-, 00040R
<br /> If the party of the second part voluntarily or involuntarily becomes or is macie party to any suit or proceecl-
<br /> ings ' retating to the premises orto this mortgage or said note whereby the maturity of said note and mortgage " �.;
<br /> are accelerated then said party of' the second part shall be paid acceleratecl interest at the rate of 11 % per " ' ; i
<br /> annum, providing, however, if the maturity of said note and mortgage are not accelerated in said suit or proceed- z � ;
<br /> ings then the party of the first part shall reimburse the party of the second part for its reasonable attorneys' fees � �'
<br /> and costs; and such expenses shall be immediately due and shall bear interest at 11 % per annum, and c;. , r';
<br /> shall be secured by this mortgage. This covenant shall extend to condemnation and bankruptcy proceedings as �' `:
<br /> Y � �I��
<br /> well as other actions. ; s
<br /> The talcing of any additional security. e:cecution of partiai release of the security, or any extension of the z°
<br /> time of payment of the indebtedness or renewal thereof shall not diminish the force, effect or lien of this instru- i
<br /> ment and ' shall not affect or impair the liability of any maker, surety or endorser for the payment of said indebt- Es
<br /> edness : that Yhe party of the second part shall have the right to release with or without consideration or credit � `
<br /> - on the indebtedness hereby secured, anp part of the property herein described by adequate legal instrument ,,
<br /> without regard to the existence of any junior encumbrance and w•ithout the consent of such junior encumUrancer, ,;
<br /> and such release shalI have no further effect upon the rank , lien or estate conveyed hereby or against the party
<br /> of the second part than is therein expressed. e,
<br /> In the event that the mortgaged premises, or any portion thereof or any interest therein, be sold or wnveyed �'
<br /> or become subject to an agreement to sell or mnvey prior to the time the indebtedness secured hereby shall j;
<br /> have been p8id i11 flil.l then the entire indebtedness secured by this �.
<br /> mortgage shall at the option of the mortgagee become due and payable. �`
<br /> �, ' ';`
<br /> If all or any part of the mortgagecl property Ue condemned or taken through eminent domain proceedings, F
<br /> ea.
<br /> all or such part of any award or proceeds thereoE as the rnortgagee in its sole discretion may determine in �,"
<br /> wriring, are hereby assigned and shall be 1�aid to the mortgagee and applied to the payment of the mortgage � "
<br /> indebtedness. ��,
<br /> ;� ,.;:'
<br /> _ �, :
<br /> IN WITNESS WHEREOF, the said first party hav e hereunto set the3s hands the � � �:�
<br /> day and year first above �vrittea [• � "_
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<br /> � � . .� . !?�p�" �_._�/ ... . "'....."'_"""""'...__._.. �SEAL� � , ' i'�
<br /> Mi ae A. Sullivan ':
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<br /> � STATE OF NEHRASKA, 1I �
<br /> � . . � � SS. . . _
<br /> � � COU231'Y OF
<br /> On this ��� day of Ske�-y 19 �� before me, a notary public
<br /> // �
<br /> in and for said county, personally appeared - John P . Sullivan and Milsae A. Su113van� husband
<br /> andvife - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
<br /> to me personally known to be the identical persons described in and who executed the foregoing instrn-
<br /> ment, as Grantors , . and acknowledged the execution thereof to be their voluntary act and deed.
<br /> Witness my hand and ofTicial seal the day and year last above written. � ,'
<br /> , . " � . ; �. 'iE11EW.110�ARfI • st� et MrM. , . . �j� � . .
<br /> � ---• `` � ��__� � --..._.
<br /> ��''"`��'�`''' .............
<br /> ._...
<br /> � . ' , . ' ' - " , `.: GEOfIf� H. NfANRSCHKE . ' . C����� U ....� "^"'„ x6lit ia�awd Iw .eaW Covnev � � � � "'�.
<br /> xY'
<br /> ntr �
<br /> AI� CMnal- Eltp. FW. 27. 1880 . . . . . �� �". � / �;
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<br /> My cbmmission expires "�yr
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