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84001894
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84001894
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Last modified
11/18/2008 11:38:17 PM
Creation date
11/18/2008 11:37:53 PM
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DEEDS
Inst Number
84001894
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~•"""'-~ 00189 <br />[f the party of the second part vo}untarily or invohmtarily trecomes or is made party to any suit or prbee4'd- <br />rugs relating to the premises or to this mortgage ur said note whereby the maturity of said note-attd rtgage= <br />are accelerated then said party of tfte second part shall be paid accelerated interest at the' 7atC' of ~~ per <br />annum, providing, however, if the maturity o€ said note and mortgage are not accelerated fn said suit or proceed- <br />ings then the party of the first part shalt reimburse the party of the second part for its rule attorneys' fees <br />and costs, and such expenses shall be immediately due and shall hear itttarest at °Jo per anntutr, Arid <br />shall be secured by this mortgage. This covenant shalt extend to condemnation and hanltiYttptEy proceedings as <br />well as other actions. <br />`T'he taking of any additional security, execution of partial release of the security, of atty.-eirteitsfon of-:the <br />time of payment of the indebtedness or renewal thereof .,hall not d'iminisFr the force, effect or'=Heir of tl»s instYU- <br />nrent and sfrall nat affect or impair the liability of any maker, surety or endorser for the payitfent nt'said indebt- <br />edness: that the party of the second part shall have the right to release with or'without cansideratiiin or credit <br />on the (ndehtedttess hereby secured, anv part of the property herein descr'bed by adi~gttate legal instrumrnt <br />without regard to the existence of any junior encumbrance and without the consentof such junior encumbrancer, <br />and such release shall 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. <br />~~QQrtgaged <br />I^ the eirnt that the mortgaged premises, or any portion thereof or any interest therein, be solrliLr conveyed <br />ur treconte suhject to mr agrerrnent to sell or convey prior to the time the indebtedness seettred htrcby sha1C.. <br />have 6eett paid in full then the entire indebtcdncsa seeurtd bye this <br />rnartgage shall at the option ot` the mortgagee hecrrme due and payable. <br />If all or any part of the mortgaged property In• condemned or taken through eminent domain proceedings. <br />all or such part of any award ur proceed; thereof :rs tl:r mortgagee in its sole discretion may deterthliiE'in _ <br />writing, are hereh}• assigned and .hall he paid to the mortgzgee and applied to the payment of flit ntOTt~age; <br />indebtedness. <br />IN WITNESS WHEREOF, the ,aid tint party ha ve hereunto ,et their hands the <br />day and year first alntve ~enttra <br />Gaty Doltglas uhn <br />__ -. _ ... ..........._ ..._.....-...-.-.....-.___... [SEA4~ <br />Neta lane Ltthn <br /> <br />~T.aTF. GF ~dRR.i\r~.a, I <br />L Ul' \Tl' OF ~~~ I ~" <br />On this ~ /~~ day))) of G~~~ ~ 1'd Sb .before tor, a notary t>ublic <br />,_~` in and (or said county. lxrsatalty appeared Gar4 Douglas Luhn and Neta Jane Luhn, husbarkl and <br />wife. -------------------------------------------------------------------------- <br />tn ~te personally knoarn to Tx the idrnttcai l:eraou s de.,cnl:ed iu an2 who eaccuted the tureguiny iu>tru <br />tttEkti, as Grantor g ,and acknowledged the execution thereof to ter theit eulwttary act acid deer!. <br />t <br />q _: <br />1I{Iitaats my hand anti official seal the day and tear ia~t atwte ~crittrn. <br />Riy consntfs~i rxp:res <br />~t°.~'~ i 4l P7 ~~ ~ .. ~ .~ <br />
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