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<br />c.88- 10107iJ
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<br />10. ThaI lhe Mortgagor will k~"p the buildings upon said premises in good repair. ....d neither commit nor permit waste
<br />upon said land, nor suffer the said premises to be used for any unlawful purpose,
<br />II. That if the premises. or any pari thereof. be condemned under the power of eminent domain. or acquired for a public
<br />use. the damages awarded. the proceeds for the taking of. or the consideration for such acquisition. to the extent of the full
<br />amount of indebtednes upon this mortgag~ and the note which it is given to secure remaining unpaid. are hereby assigned by the
<br />Mortgagor to the Mortgagee. and shall be paid forthwith to said Mortgagee to he applied by the latter on account of the next
<br />maturing installments of such indebtedness.
<br />. 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in-
<br />surance under the National Housing Act within 2 months from the date hereof (written statement of any officer
<br />of the Dellartment of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the 2 months time from the date of this mortgage, declining to insure said
<br />note and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note
<br />may, at its option, declare all sums securred hereby immediately due and payable.
<br />13, That if the Mortgagor fails to make any payments of money when the same become due. or fails to conform to and
<br />comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi-
<br />pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes and
<br />the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit, and a rea-
<br />sonable attorney's fee. all of which shall be included in the decree of :foreclosure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed. construed and adjudged by the laws of Nebraska, where the
<br />same is made,
<br />The covenants herein cont:lined shall bind. and the benefits and advantages shall insure to. the respective heirs, executors,
<br />administrators. successors and assigns of the panies hereto. Whenever used, the singular number shall include the plural, the
<br />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 conveyance
<br />shall be void and said premises released at the expense of lhe Mortgagor; otherwise to be and remain in full force and effect.
<br />
<br />IN WITNESS WHEREOF. the Mortgagor(sl ha s
<br />above written.
<br />
<br />her
<br />
<br />hereunto set
<br />
<br />hand(s) the day and year first
<br />
<br />In presence of:
<br />
<br />, ; l~/
<br />/ -. .' / ~
<br />_I/,,~'--,f-C_L~ ._ t-. __ )-;>f C1...~\..(
<br />/ ! Joyce/J. Gay V
<br />
<br />[SEAL]
<br />[SEAL]
<br />[SEAL)
<br />[SEAL)
<br />[SEAL)
<br />
<br />STATE OF NEBRASKA.
<br />COUNTY OF Hall
<br />
<br />} ss:
<br />
<br />On this 1st day of March
<br />a notary public
<br />
<br />,A.D. 19 88, before me, the undersigned,
<br />in and for said County. personally came
<br />
<br />Joyce J. Gay, a single person
<br />
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<br />to be the identical person whose name
<br />going instrument as Mortgagor, and
<br />execution thereof to be
<br />
<br />is
<br />
<br />, personally to me known
<br />affixed to the above and fore-
<br />acknowledged the said instrument and the
<br />voluntary act and dt;ed, for the purposes therein expressed.
<br />
<br />SHE
<br />HER
<br />
<br />In testimony whereof, I have hereunto set my hand and affixed bynotarial seal at
<br />on the day and date last above written.
<br />
<br />~, GCner.INolary,SlareofNebrllkll k...l.
<br />":RISfIE HOlMsrEDT -
<br />:a7. ...- MyComm.hp.Dec.12.1989
<br />
<br />Grand Island, Nebraska
<br />
<br />tkP~j
<br />
<br />Notary Public
<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. 19 .
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />
<br />Register of Deeds
<br />
<br />GPO aOl-gV7
<br />
<br />HUD,92143M 19,791
<br />
<br />
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