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<br />I <br /> <br />, 88-10081:-1 <br /> <br />r <br /> <br />12. Thl! Mortgagor further agrlllls that should thIs mortgage and the nota secured hereby not be elIgible for Insurance under the National <br />Housing Act wllhln 10 n",y" from the date hereof (written statement of any officer of the <br />Department of HousIng and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent <br />to the S ta ted time from the date of this mortgage, declining to insure saId note and this mortgage, being <br />deemed conclusive proof of ineligibility), the Mortgagllll or holder of the note may, at its option, declare all sums secured hereby Immediately <br />due and payable. This option may not be exercised by the Mortgagee when the ineligibility for Insurance under the National Housing Act <br />Is due to the Mortgages's failure to remit the Mortgage Insurance Premium to the Department of Housing and Urban Development. <br /> <br />13. That if the Mortgagor falls to make any payments of money when the Slime become due, or fails to confonn to and comply with any of <br />the conditIons or agreements contalned In this mortgage, or the note which It secures, then the entire princlpal sum and accrued interest <br />shall at once become due and payable, at the election of the Mortgagee; and this mortgage may thereupon be foreclosed immediately for the <br />whole of said money, Interest, monthly payments, costs, ground rents, taxes and the cost of extending the abstract of title from the date of <br />this loan to the time of commencing such forciosure suit, and a reasonable attomey's fee, all of which shall be included Ir. the decree of <br />foreclosure; and the contract embodied In this mortgage and the 'note secured hereby, shall in all respects be governed, construed and <br />adjudged by the laws of Nebraskli, where the same Is made. <br />The covenants herein contalned shall bind, and the benefits and advantages shall insure to, the respective heirs, executors, administrators. <br />successors and assigns of the parties hereto, Whenever used, the singular number shall Include the plural, the plural the singular, and the <br />use of any gander shall be applicable to all genders. <br />The foregoing conditions, aD and singular, being perfonned according to their natural and legal import, this conveyance shall be void and <br />said premise released at the expense of the Mortgagor; othl!lWise to be and remaIn in full force and effect. <br /> <br />IN WITNESS WHEREOF, the Mortgagor(s) ha ve <br /> <br />their <br /> <br />hereunto set <br /> <br />hand(s) the day and year first above written. <br /> <br />In Presence of: <br /> <br />~4-QJ!Ji~---- <br />uona.ld J.J anzen <br /> <br />[SEAL} <br />, <br /> <br />[SEAL] <br /> <br />[SEAL} <br /> <br />Kath&(,t1~ C fir-' <br /> <br />[SEAL] <br /> <br />[SEAL] <br /> <br />STATE OF NEBRASKA, <br /> <br />}ss: <br /> <br />COUNTY OF HALL <br /> <br />On this <br /> <br />22nd <br /> <br />, A.D. 19 88 <br /> <br />day of <br /> <br />January <br /> <br />, before me. <br /> <br />a Notarv Public <br />In and for said County, personallll calTUl <br />--nonald J. Janzen and Kathleen E. Janzen, husoand and wife, <br /> <br />personally to me known to be the identical person(s) whose name(s) are <br />affixed to the above and foregOin~ instrument as Mortgagor. and dley have <br />acknowledged the said instrument and the execution thereof to be he i r voluntary act and deed, for the purposes therein expressed. <br /> <br />In testimony whereof, I have hereunto set my hand and affixed by OfficialZs~ I at Grand Island <br />on the day and date last above written. ,/i _ /J <br />r 1llw:f-StltJlt ~ b;;,;,~:?'7",....2 ' ~ I....VJ-ct J!( - - <br />CONNlE .0 8 11 1. Notary Public <br />If CtmtL bf-lKl ' My Commission Expires: <br /> <br />STATE OF NEBRASKA <br /> <br />Flied for the Record this day of <br />o'clock _M., and entered in Numerical Index. dnd recorded in Book <br />of <br /> <br />A.D. <br />of Mortgages. on <br /> <br />at <br />Page <br /> <br />Register of Deeds <br /> <br />CERTIFICATION: <br /> <br />This MOl1gage form contains no variation from the HUD Fonn 92143M (9-79) other than the prepayment provision which has been amended <br />pursuant to Mortgagee letter 85-18 daled July 25. 1985. <br /> <br />By: <br />TItle <br /> <br />L <br /> <br />Page 3 of 3 <br /> <br />-, <br /> <br /> <br />,- <br /> <br />, <br />'J <br /> <br />(. <br /> <br />~ <br />I' <br />~ <br />