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83- ttfi087~~ <br />I# the party of-the second part voluntarily or involuntarily becomes or is made party to any suit or proceed- <br />ings relating to the premises or to this mortgage or said note whereby the maturity of said note and titprtgage <br />are aeeeleiated then said party of the second part shalt be paid accelerated interest at the rate of ffi per <br />annum,-providing, however, if the maturity of said note and mortgage are not accelerated in said suit or proceed- <br />ings then dte party of the first part shall reimburse the party of the second part for its rea~ nable attorne}s fees <br />and.costs, and such expenses shall be anmediately due and shall bear interest at ~o per annum, and <br />shall be secured by this mortgage. This covenant shall extend to condemnation and bankruptcy proceedings as <br />wel# as other "actions. <br />The taking of any additional security, execution of partial release of the securih•, or any extension of the <br />time of payment of the indebtedness or renewal thereof shall not diminish the force, effect or lien of this instru- <br />menf and shall not affect or impair the liability of any maker, surely or endorser for the payment of said indebt- <br />edness; that the party of the second part shall have the right to release with or without consideration or credit <br />on the indebtedness hereby secured, any part of the property herein described by adequate legal instrument <br />without regard to the existence of arty junior encumbrance and without the consent of such junior encumbrancer, <br />and such release shall have no further effect upon the rank, lien or estate convered hereby or against the party <br />of the second part than is therein expressed. <br />In the event that the mortgaged premises, or any portion thereof or any interest therein, be sold or conve}•ed <br />or become subject to an agreement to sell or convey prior m the time the indebtedness secured hereby shall <br />have been paid in full ~ then the entire indebtedness secured by this <br />mortgage shall at the option of the mortgagee become due and payable. <br />If all or any part of the mortgaged property he condeomed or taken through eminent domain proceedings, <br />atl or such part of any award or proceeds thereof as the mortgagee in its sole discretion Wray determine in <br />writing, are hen~by assigned and shag be paid to the mortgagee and applied to the payment of the mortgage <br />indebtedness. <br />IN WITNESS WHEREOF, the stud first yarn have hereunto set their hands the <br />daY and year first above written. ~/y/~//,~~ y~+ /j <br />' d hr <br />_..__ ..s.r ..Ul. `cam. '~.L;...-~...`-~=:y.....[sEAr.] <br />Judith b. Loehr <br />STATE OF NEBRASKA, <br />Cbl'NTY nF Hall <br />On this I6 th <br />ea <br />day of February <br />lc) 8j ,before me, a notap public <br />in and for said county, perw»ally appeared Loyd A. Luebr and Judith A. Luehr~ husband and <br />wifa, ._ <br />to me personally known to be the identical persons described in and who executed the foregoing instru- <br />meibt. as Grantors ,and acknowledged the execution thereof to be their \~Iuntary act and deed. <br />Witr-ess my hand and official seal the clay and year last above written. <br />,t <br />- r= .- ~ , ~ ; ~. <br />~ ,~ . 1fj,7 J. ~-' , ,. f . <br />~' Naur I'•61:r ~x uw.i Ja :+wt i o~.t~~ <br />- ~~ CSlAtnt15S1,Wl.lt]t(!ir@S <br />~~ ~~ <br />', <br />