|
12. The Mortgagor further agrees that should this mortgagee and the note secured hereby not be eligible for in-
<br />surance under the National Housing Act within" 30 days from the date hereof (written statement.of any officer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing. and Urban
<br />Development dated subsequent to the stated time from the date of this mortgage, declining to insure said
<br />note and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note
<br />may, at its option, declare all sums securred hereby immediately due and payable.
<br />13. That if the Mortgagor fails to make any payments of money when the same become due, or fails to, conform to and
<br />comply'with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi-
<br />pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interest,.monthly payments, costs, ground rents, taxes and
<br />the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit,.and a rea-
<br />sonable attorney's fee, all of which shall be included in the decree of forclosure; and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective heirs, executors,
<br />administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the
<br />plural the singular, and the use of any gender shall be applicable to all genders.'
<br />The foregoing conditions, all and singular, being performed according to their natural and legal import,: this conveyance
<br />shall be void and said premises released at the expense of the Mortgagor; otherwise -to be and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) ha ve hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />Oaxj 2.[SEAL]
<br />[SEAL]
<br />Rochelle :M. Kennel
<br />[SEAL]
<br />[SEAL],
<br />[SEAL]
<br />.
<br />_"4-k4 4 .1311
<br />ThomasL Willits
<br />STATEOFNEBRASKA, 6[,ieRAL NOTARIAL.
<br />ss:
<br />COUNTY OF HALL =FAL
<br />. STATE OF:NEBRASKA
<br />I COVMISSION Cxp� S
<br />On this 9 5 f 1, day of A pl I , A'D. 19 75, before me, OCtob@f 18, 1978
<br />a notary public in and for said County, personally came
<br />David L. Kennel and Rochelle M. Kennel; husband and wife,
<br />personally to me known
<br />to be the identical persons whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor, and they have , acknowledged the said instrument and the
<br />execution thereof to betheir voluntary act and deed, for the purposes therein expressed.
<br />i
<br />In testimoney whereof, I have hereunto set my hand and affixed by official seal at Grand Island, Nebraska
<br />on the day and date last above written.
<br />Notary Public
<br />STATE OF NEBRASKA ss j
<br />Filed for record this o7 day of A.P. 19 %r
<br />at o?: S-7 o'clock P/�f. M., and entered in Numerical Indexy and-
<br />recorded
<br />nd-recorded in Book 16 ,__;'// of Mortgages, on
<br />$
<br />Page LO of K/a_a
<br />Register of Deeds
<br />I
<br />i
<br />
|