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<br />88~ 100655
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<br />12, The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for insurance
<br />under the National Housing Act within 180 DAYS from the date hereof (written statement of any officer of the
<br />Dcpartmcnt of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development
<br />dated subsequent to the 180 DAYS time from the date of this mortgage, declining to insure said note and this
<br />mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note may, at its option,
<br />declare all sums securred hereby immediately due and payable. This option may not be exercised by the mortgagee when the
<br />ineligibility for insurance under the National Housing Act is due to the mortgagee's failure to remit the Mortgage Insurance
<br />Premium to the Department' of Housing and' Urban Development.
<br />13. That if the Mortgagor fails to make any payments of money when the same become due,orfails to conform to and
<br />comply with any of the conditions or agreements contained in this mortgage, or the note whic~' it secures, then the entire
<br />principal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage
<br />may thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes
<br />and the cost of extending the abstract of title from' the date of this loan to the time of commencing such foreclosure suit, and
<br />a reasonable attorney's fee, all of which shall be included' in the decree of foreclosure; and the contract embodied in this
<br />mortgage and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska,
<br />where the same is made.
<br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective heirs,
<br />executors, administrators, successors and assigns of the parties hereto, Whenever used, the singular number shalLinclude the
<br />plural, the plural the singular, and the use of any gender shall be applicable to all genders.
<br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this
<br />conveyance shall be void and said premises released at the expense of the Mortgagor; otherwise to be and remain in full force
<br />and effect.
<br />
<br />IN WITNESS WHEREOF, the Mortgagor(s) haVE
<br />first above written.
<br />
<br />hereunto set
<br />
<br />THEIR
<br />
<br />~~~t-
<br />hand(s) the day'.!iitdyear
<br />
<br />In presence of:
<br />
<br />~~ ~~(SEAL]
<br />
<br />~. "LO CORNEL~ _ . (SEAL]
<br />
<br />~A..... ~ J.ibo [SEAL]
<br />_ LANA JE.AN CORNELIUS [SEAL]
<br />
<br />[SEAL]
<br />
<br />,
<br />
<br />--I
<br />
<br />ST ATE OF NEBRASKA,
<br />HALL
<br />
<br />} ss:
<br />
<br />"j
<br />
<br />COUNTY OF
<br />
<br />On this 22ND day of JANUARY A.D. 19 8& before me,
<br />a NOTARY in and for said County, personally came
<br />LARRY DONALD CORNELIUS AND LANA JEAN CORNELIUS, HUSBAND AND WIFE
<br />
<br />i!
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<br />~:
<br />\
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<br />
<br />to be the identical person whose name
<br />foregoing instrument as Mortgagor, and
<br />execution thereof to be
<br />
<br />ARE
<br />
<br />, personally to me known
<br />affixed to the above and
<br />acknowledged the said instrument and the
<br />voluntary act and deed; for the purposes therein expressed.
<br />
<br />THEY
<br />
<br />THEIR
<br />
<br />In testimony whereof, I have hereunto set my hand and affixed by
<br />on the day and date last above written. ,/
<br />
<br />seal at
<br />
<br />J:EIERAL IOTARY-SlatJ of IclIrasta
<br />DENISE KAY LOWRY
<br />My Comm bp, Aug. 25. \99\
<br />
<br />.~~~
<br />
<br />. / ~~tary Public
<br />My COMMISSION EXPIRES:
<br />
<br />STATE OF NEBRASKA
<br />
<br />ss
<br />
<br />Filed for record this
<br />at o'clock
<br />recorded in Book
<br />Page of
<br />
<br />day of
<br />
<br />A.D. \9
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />
<br />Register of Deeds
<br />
<br />r--
<br />
<br />CERTIFICATION:
<br />
<br />This mortgage form contains novari'ation from the official" HUD Form 92143M (9-79) other than the prepayment provision
<br />which has been amended pursuant to Mortgagee Leller 85-16 dated July 25, 1985.
<br />
<br />4
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<br />By:
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