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89- 102040 <br />The covenants herein contained shall bind, and the benefits and advativages shall inure to, the respec- <br />tive heirs; executors, administrators, successors and assigns of the partimai horeto. Whenever ii&ed. the <br />singular number shall inelilde the plural, the plural the singular, and the•use of any gender shall beappli- <br />cable to all genders, and the term "Mortgagee" shall include any payee of the indebtedness heteby simured <br />or arty transferee thereof whether by operation of law or otherwise; <br />The foregoing conditions, all and singular, being performed. a carding to their natural and legal <br />import, this conveyance Atli be void and said premises released at tha.expense of the Mortgagor-, other- <br />wine to be and remain in full force and effect. <br />IN WITNESS WHEREOF, the Monsmor(s) hawheremto sq. their hand(s) the day and yew: first <br />above written. <br />In presence of <br />Georgq J-4 trickson <br />Shi-ft'&. Erickson <br />........... ------------- ---- <br />................ ... . .... .................. ailo] <br />AWK OW4110 <br />STATE OF N EBRASA.� . d I <br />,� Oak <br />COUNTY OF <br />HALL... <br />On this 21st -a April <br />.19 89 L*fdre nie, <br />Public in and tot Wd'County, pprsonally.,cattle George J. Erickson trickson, <br />Husband and Wife <br />ly tome Irnown <br />persorTal <br />to be the identical pers(iti s',whom.i.natne s are affixed to the above and foregoing' <br />instrument as Mortgagor, -gja&'. I tbey ' acknowledged the said instrument and the <br />execution thereof to be. _tttoi.r veolunt4ry act and deed, for the purposes therein expressed. <br />In testimony wh6v,. 4-1 have hereunto set my hand and•affixed my notarial seal at Grand Island <br />on the day and date Iiii,above written, <br />1_J ........... <br />."I My commission expir,4_11, <br />16. This loan shall, ,bay ,lln default and, may be decliarted iln.mdtately due and,payable <br />Upon transfer Of tile Pawipikpty uectiring such, loan to any transferee, unless the acceptability <br />or, the assumption of. th.'r., lann. is entablished, either pursuant to the provinions of section <br />1814 of chapter 37. title' ,300 Vnit6d- States Code,, or by the loan holder If the loan. 'has <br />been sold w4 shout recourse4 <br />17. A, Fee equal .to one -half it-half of 1- percent of the balance of this loin -is of tile date <br />of transfer''(4 the property shall be poyable to the Veterans; Affairs at the time <br />of, ti_*• 3n--fcr. If the assumer falls to, pay, this fee at the time of transfer, the fee shall <br />constitute: an additional debt to that already secured by this instrument and shell. bear <br />interest at the rate heroin provided, anti', the lean shall be in default and at tfie option <br />of the payee of the ."dubtedness her0hy secured- or any transfcr-�c hereof. Vie full <br />Indebtedness shall be4•ediately due and, payable. This fee is automatically tertived If <br />the assumer is exempt under the proviaionu or, 38'U*S.C. 1029(b). The assu-wr 1s not <br />oblftated to pay this fee It the Veterans Affairs has ::old this loan without <br />recoursc'. <br />rat cc <br />ar <br />z <br />.4D 0 rat <br />rA <br />_r*4 <br />C4 <br />C4 <br />rn <br />E- <br />j# <br />I <br />ilff• <br />P. <br />