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010866
<br />12. The Mortgagor further agrees that should this mortgagee and the note secured hereby not be eligible for in-
<br />surance tinder the National Housing Act within ' 30 days from the date hereof (written statement of any officer
<br />of the Department of Housing Ind Urban Development or authorized agent of the Secretary of Housing Ind 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), tile Mortgagee or holder' of *the note
<br />may, at iis option, declare all stims sccurred hereby immediately due Ind payable. and
<br />13. That if the Nfortgagqr fails to make any -payments of money when the game become due, or fails to conform to
<br />comply with ,my of tile conditions oragreements contained in this mortgage, or the note which it secures, then theentire princi-
<br />pal surn Ind -accrued interest shall at once bec6 ' 'me due -,Ind payable, at the election of the I'vIortgagee; and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents,'taxes Ind
<br />the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit, and I rea-
<br />sonable attorney's fee, all of. which shall be included in tile decree of forclosure.' a i nd the contract embodied in this mortgage
<br />a
<br />,Ind the note secured hereby, shall in all respects be governed, construed and , djudged 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 />adnlinistr,
<br />ators-, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the
<br />plural the singular, ;Ind tile use of any gender shall beapplicable to all genders.
<br />The foregoing conditions, all Ind singular, being performed according to their natural Ind legal import, this conveyance
<br />shall be void ana said premises released at the expense of tile Mortgagor; otherwise to be Ind remain in full force and effect.
<br />IN WITNESS WHEREOF, the lklortgagor(s) ha s hereunto set his hand(s) the day and year first
<br />above written.'
<br />In presence of:
<br />—[SEAL]
<br />Jaines b. Peterson
<br />[SEAL]
<br />tSEALI
<br />SEAL I
<br />[SEAL]
<br />GPO 941-138
<br />STATE OF NEBRASKA, Thrr�ns L. 'Ziilrills
<br />ss:
<br />COUNTYOF HALL
<br />GTJ�VrEi (-,'F MCEIRASli'l,
<br />On this day of MOVel�7 0-, A.D. 19 75, before me,
<br />Octckr 18, 1�
<br />a notary public in and for said County, personally came
<br />Jaines L. Peterson,,
<br />a single person,
<br />personally to me known
<br />to be the identical person whose name is affixed to theabove and fore-
<br />going instrUmefit as 1%lortgagor, ,Ind has acknowledged the said instrument Ind the
<br />voluntary act -.Ind deed, for the purposes therein expressed.
<br />execution thereof to be his
<br />In testinioney whereof, I have hereunto set my,hand -,Ind affixed by officialicalat Grand Island, -Nebraska
<br />y
<br />on the day Ind date last ab.ove written.
<br />STATE OF N EBRASKA ss
<br />led for record this
<br />at o'dock
<br />recorded in Book
<br />page of
<br />o ary i
<br />& CM
<br />day of A.D. 19
<br />M., and entered in Numerical Index, anj
<br />of 1%lortgages, oil
<br />Register of Deeds
<br />
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