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<br /> made ahall be�dded to the principal sum owin�on the above 10. That the Mort�agor will keep the buildin�s upon said
<br /> aote. shap be securM hereby,and shaU bear interest at the rate premi3e�in�ood repair,and neither commit nor permit waste
<br /> aet fonh in the said note, untU paid. upon aaid land, nor suffer the aaid premises to be used for any
<br /> , unlawful purpose.
<br /> 7. 79iat the Mort�or hereby assigns�tranafers and sets over
<br /> to the Mortjajee.to be applied towud the payment of the note l l. That if the premisa. o��uy part thereof,be condemned
<br /> and all sums secured hereby in case of a default in the perfor- under the power of emineat domain�or acqulred for a public
<br /> m�na of�ny of the terms and conditions of this mortga=e or the use� the dama�a awuded. the proceeds for the tsktnf of.or the
<br /> said note.all the re�ta,revenues and income to be derived from mnsideration for such aoquis4tion, to the extent of the full
<br /> ' the mort�a�ed pr�mises during such time as the mort�a�e in- ur.�unt of indebtedness upon this mort�a�e and the note which it
<br /> debtednes,+ahall remain anpaid, and the Mort�a�ee shall have ls given to secure remdning unpaid,are hereby assisaed by the
<br /> power to appoint any asent or a;ents it may desire for the pw- Mortg�or to the Mort�qee,and shall be paid forthwlth to said
<br /> pose of rep�irina a�id premise+and of reating the same and col- Mortga�a ca be applied by the latter on account of che next
<br /> locting the rents� revenues and income,and it may Dsy out of matudng installments of auch indebtedness.
<br /> ' said income.+all eapensa of repairing said premises and necessary
<br /> , oommis�ions and eapenaes incurred in renting and m�nnaging the 12. The Mortgasor further agrees that should this mort�e
<br /> same and of coUatiug rentals therefrom;the balana remaining, and the note secured henby not be eligible for insurana under
<br /> • if any�to be applied towud the discharge of said mongage the National Housing Act wlth9n days
<br /> � indebtedness. Prom the date hereof(wrltten statement of any offiar of the
<br /> • 8. That the Mortgagor wial keep the improvemeats now ea- �p�ient of Housing aad Urbu�Development or authorized
<br /> � isting or here�fter erected on the mort�aEeci Droperty. insure�as �°'s=L Of!h!St�t!�ry of Hou�:ag aas!Urb�n Developmtnt dated
<br /> may be roquirod from time to time by the l�iortgaga against loss subsequent to the days' time from the date
<br /> � by fire sind other b�rds, cssuAltles and contingencies ln such of this mon�a�e, declining to insure said note and this mort�age,
<br /> - amo,tnts and for such �erlods as may bs rzquir:�si by the Mort- �B deemed conclu�ive proof of such ineligibility), the Mor• _
<br /> ' gs�ee wd will pay promptly.whea due,any premiums on such tga�ee or holder of the note may, at iu option.declare all anms : ;
<br /> � insurana provision for payment of which has not been made secured hereby immediateiy due and p�yable.
<br /> ' hereinbefore. AA inswaace shall be carried in corapanies ap- 13. 'that if the Mort or fails to make any paymenu of '�-�
<br /> ' proved by the Mort�aga and ttte policies and renewals thereof �+Y �
<br /> s5a12�e �eid by the Mortgagee arid have ae:acbe� thereto io3s �eney�vhtn tht samt bxoms dus.or fails to conform to aad -
<br /> - � psya6k clausea in f�►vor of and in form acceptable to the Mor- camply with any or tne aonditions ot a�ramenta containe�ia .i.�:--•.-,-
<br /> • taagee. In event of loss Mortgagor will give immediate notice by this mortg�ge. or the note whicb it secares,then the enrire prin- �;::-_
<br /> mail to the Mort�aax,who may make proof of loss if not made �P� sum and accrued intsrest shall at ona become due and
<br /> � promptiy by Mortgagor,and each insurance company conarned Payable. at the election of the Mortgaga;and this mortgage msy -
<br /> is hereby autharized and diraxed to make paymeni for such loss thereupon be foreclosed immediately for the whole of aa�d ,-___
<br /> directly to the Mongstga instead of to the MoRgagor and the money,iaterest,monthly paymenu.cosu,ground reau� taxes
<br /> Mortsnga jointly,and the insurana praoeeda. or any part and the cost of extendin�the abstnct of title from the due of
<br /> thereof� may be applied by the Mortg�ga at tts option either to this loan to the tIme of commencing such foreeloswe auit.�nd a
<br /> the reduction of the indebtedness hereby secured or to the reasonible attorney's fee,all of which shall be inctuded in the -
<br /> ; ratorstion or repair of the property damaged. In event of decree of foreclosvre;and the conuact embodied in this mortga�e �
<br /> . foreclosure of thls mortpge or other uansfer of title to the mor- and tbe note secured hereby.shall in al!respects be�overned� •!
<br /> tga�ed property in ractinguishment of the indebtedness sscured construed and adjudged by the laws of Nebtuks. where the suae
<br /> � hereby, xll right,title and interest of the Mortgagor in and to �s made.
<br /> ' any insnrxnce policies then in force shaU pas.c to the pwchaser or �e covenants herein contained shall bind.and the benefits
<br /> • gr�ata. and advanta�es shall inun to. the respectiye helrs.executors.ad- �`
<br /> � 9. That as additional�a�q�latsr�l sxurity for the payment "v�strators.successors,and aasigns of the partles hereto. •-�=
<br /> of the aote described, and all s�ms te bocome due under this �enever usod, the singular number ahall include the plwal,the <�,..
<br /> mort�age. the Mortgxaor hercb�r assisas W the Morcgaga all Flural the singular,and the use of any�ender aball include all • i�'_-
<br /> i pro�u. rcvenua. �fq',�fd•tt�d beuefit�accruing to the g�ders. _
<br /> Mortj�or under aay and aU oi��nd pa lases on said pretnises, 7'he foregoing conditions,all and singutu.being performed ac- t
<br /> with the rijht to reaive and receipt for the same and apply them �rding to their natural and 1egW impon.this conveyana ahall
<br /> io said indebtedaess as well before as aftec default in the condi- 1x void and said premises released at the expense of the Mort- •
<br /> tioas of this mort�=e,and the Mortgagee may demand,sue for BaBor;otherwise to be and remain in full foroe and effect.
<br /> � and c+ecover any such paymenu when due and payable. but shall
<br /> not be required so to do. Thia assignment is to terminaie and
<br /> become null arjd vttid apon reteast of this mortgage.
<br /> �• , [�witx�wrereof the Mortgagor(s)ha ve hereunto set theiT h (s)t day d i'ust above written.
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