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� � <br /> 89.r±r .i.O O�,V� <br /> .� <br /> clauses i� favor af and in form acceptable to thc I�tortg�ger. In 11. 7'he {�lortga�ar further agrces that shauld this mortgagr <br /> s�tnt af tass I�lort��jor will�iLO immtdiue notice by mRil ta�ht and thr nate secuied hercby nat be eligible for insur�nce under <br /> • _ Mort{a{ee, who may make¢roof of los�if not made prompily the National liousin� Act N�ithin 1� d�ys _ <br /> by Mon�a�ar. and e�cA insurance compzny cuncYrnesf is hereby iram the dAte h�reoi�written etatement af�o afiicer of�he <br /> awhvrim!and dhected to make pxyment for iueh losa dirertly eo �p�rtment of Noustnj end Utb�n [hvelapmcnt ur putharited <br /> t�e Mon�a instead of to the Mott�sjor and the MonR�sa Q�ent oi the SecatReY ai Houains and U�bsn Qevelapment dated <br /> joinUy�and the in:urance p�oceed�. or �►ny psrt thereof. may be <br /> � applkd by the Mort�ya at ia option either to the roduction oi subsequent to the tpp days' time fram the dite <br /> � the indebtedness hereby secured or to the restoration or repai�of of lhis mort�aje. declinlns ta insure ssid note and tMis Mort�a�e. <br /> ` the property dam�ed. In event of fa►eclosure of this manRajc beinj damed cortcluslve proof of such ineli�lbility), ehe Mort- <br /> � or other transfer�of title to the sald premisa in extin�ui�hment of Saaee or holder af the note may. at its option, declare aU sums <br /> ' the indebtedaas secured hereby. �►11 �i�ht,title and interest of thc :ecured hereby immediatel�+due and payable. Notwithscanding <br /> ; Monpsor ln and to any insurxnce policia then in force shall the tore6oiag, this option may noc be exercised hy the holder of <br /> � piw to the purchuer or aranta. the note when the ineliQibility for insursnce under the National . <br /> Hou�ing Act is due to thc Mortgagee's faulure to remit the Mort- <br /> � 9. That a�+additional and collateral security for the p�yment 3�Ye lnsurance Premium to the Department ol'Housing and <br /> � af�he note described.and�11 sums to become due under this Urban Development. <br /> l mort�aae,the Mort�a�or htreby assians to the Mort�agee all <br /> profits. revenues,royaltia, righu and beneTits accroing to the 13. That iP the Mortgagor fails to make any paymenta of <br /> � Mortpjor under my and all oil and ps leasea on said premises. maney when the same become due,or fails ta conform to and <br /> � with the rijht to reaive and rtcelpt tor the same and apply them comply with any af the condltions or agreements contained in <br /> i to said indebtednas u weU beforc a�after default in the condi• chis mongage.or the nate which it secures. then the entirc prin- <br /> tions oP this mort�e, and the Mort��a may demand� sue for cip�l sum and accrued interest shall at once become due and <br /> and recover any auch payaeents whea due and payable. but shall p�Yable,at the electian of the Mongaga; and this mongage may <br /> � not be required so to da.'Thls assi�nment is to terminate and thereupon be foreclosed immed9ately for the whole of'said <br /> � become null and void upon release of this mongago. monev. i�aere�t, monthly payments,coats. ground rents.taxes <br /> and the cost of extending the abstract of tltle from the date of <br /> ' 10. That the Mort�a�or wiA keep the buildings upon sald this loan to the t�me of commencing such foreclosoate suit. and a <br /> � premises ia�aod repair.and neither mmmit nor permit waste reasonable attorney's fee,all of whlch shall be iatcduded in the <br /> } uyon said�snd. nor sufter the said premises�o be used for any decree oi fareclosure; and the cantract embodia in thls m�ragage <br /> unlawful purpose. and the rtate secured hereby,shall i� all respects be gover�aed, t <br /> � construed and adjudged by the lav►s of Nebra�ka, where the same <br /> 11. That if ehe premisea. or any put thereof. be condemned is made. •f <br /> � �nder the powet of emineat domain.or acquired for a public The covenants herec�mntalned shall bind.and the beneflts � _' <br /> ; use,the damues awudod. the proceeds for the taking of.or the �d advantaga shall inure to.the respective heirs, executars, � <br /> consider�tion for such aoQuuition. to the extent of the full <br /> ; admiaistruqra.sucassors, and assigns of the part�es hereto. <br /> - �m�elt nf zn�iurrin�ec����r�:a�� ....��t�.Q�....��:�:� wnenerer ased,tne ein�ui�r number sh�ti include ti�e piurai,the <br /> � ia givea to aecure remainia�unpaid, ue hereby assi�ned by the ;ural the s' ulu. and the use of an � <br /> Mort�or:o the Murt�a,and ahall be paid forthwith co said p � y Sender shall include all <br /> � Mort�a to be applied by the latter on account of the next 8�nders. <br /> ; maturin�installmrnts of such indebtedness. The Yvicegoing conditions,aQ and singular, being performed • <br /> accorda:r�so their natural and le�al Impott. this conveyance s�hall <br /> be void and said premisa released at the expense of the Mort- <br /> • gagor. otherwise to 6e and remain in full force and effect. <br /> � , ' <br /> Ie wit�at wrereot tlsc�►t'an�or(s)ha Ve hereunto set thelr hand(s)the day and year �rst above written. <br /> � In praena oE: —" <br /> ' , � �- � ' [saq ,. �: <br /> ` ' � R08ERT G BIGELOW , <br /> . • � ". • �'.�: <br /> � _ <br /> � Isal) ' . . <br /> � • R08EE L 8[GE � <br /> � lSadl <br /> � <br /> : (s�l <br /> . (sa�l <br /> Huo-�z��s�� <br /> Pap�3 of 4 <br /> .----—-- <br /> � • � J � <br /> . � <br /> �� <br /> �. - <br /> . � � <br />