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b. Sell the property referred to in Paragraph a. on said premises. <br />c. Transfer and assign said lease and Borrower's rights therein to parties s <br />upon assignment, the obligations of said lease shall be binding on said transferee. <br />to Assignee, and <br />t <br />In the event Assignee shall only undertake the options provided in paragraph no <br />obligation other than payment of rent accruing during the P h a. or b., it shall have <br />event Assignee shall make transfer of said lease as Provided del in p its possession of the praanises. 1 tf <br />in said lease, and its sole other obligation shall be the paragraph c., Assignee will cure all de aults <br />of said lease. Pint of rent which accrued prim to the transfer <br />S. None of the property required to be hypothecated as collateral for the aforesaid loan constitutes fixtures or <br />real property. <br />B. Lessor agrees to, and does hereby, subordinate any lien he m <br />Borrower, that is now or hereafter security for the aforesaid loan toW or hereafter, have on the property of <br />and to Assignee's rights herein, o Assignee`s lien or liens an said property <br />C. Lessor hereby represents and warrants that title to said !eased premises is held by him in fee simple and that <br />he has full Power and authority to enter into this Agreement. <br />D. This Agreement shall be binding upon and inure to the benefit of the personal representatives, successors and <br />assigns of the parties hereto. <br />Witness our hands and seals this 1 S ?° <br />day of 1>> l v , <br />a9 <br />r. <br />I <br />(hirley ue Grudzinski)" <br />(Borrower) <br />(Richard L. Grudzir,sKi? <br />(Lessor) r <br />(Lucile A. Kensinger) " <br />ACKNOWLFI)GmENT <br />STATE OF NEBRASKA ) <br />COUNTY OF :MALL )) <br />On this . r day Of ' uly, 1985 before me, a Notary �ulalic an anc� f ",;r � tr; <br />s a1y p ared Shirley Sue Grudzinski. Richard ; CDunt:y, -per° <br />to known �. 7rudzinski, id ._ <br />to they s ndl di duals named in and who executed #�h f ors oi-rir � � A. � � n�i nc�er, , <br />acknowledged that they executed the S- Y.., g � <br />.�rsar :� av t.��i. voluntary <br />MAMMUM <br />An -.31MC'M ARK It IM Notary ubl i s <br />Ln <br />�... <br />�w <br />J <br />; <br />C <br />a <br />