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)0 made shaU be added to the principal sum owlns on the above note, shall be sec:ured hereby, and shan bear interest at the rate ... fonh in the said nOle, until paid. 88- 104860 7. 11w the ManPlor hereby assigns. transfers Bnd sets over to the Monpaee. 10 be applied toward tbe paymcnl of the nole and aU sums secured hereby in case of a default in the pcrror~ mance of any of the terms and conditions of this mortlBle or the said DOlc. all the rents, revenues Bnd income to be derived from the monpgcd premises during such time as the monsase in- debtedness shall remain unpaid, and the Mortpgee shall have power to appoint any agent or _genu it may desire for the pur- pose of repairinS said premises and of renting the same and col- lcaina the rents, revenues and Income. and it may pay DUI of said incomes all expenses of rcpalrina said premises Bnd necessary commissioDJ and expenses incurred in rentln. Ind manalinglhc same and of coUectinS rentals therefmm: tht' halance remaining. if any. 10 be applied lOward the discharae of said mortlale indebtedness . 8. That the Mortgagor will keep the Impro1lemenLS now 0:- istinS or hereafter ereded on the monBsJed propeny. Insured as may be required from time to time by the Mortsaace against loss b}' fire and other hazards, casualties and continscncies in !luch amounts and for such periods as may be requiud by the Mort- gagee and will pay promptly. when due. any premiums on such insurance provision for payment of which has not been made hereinbefore. All insurance shall be carried in companies ap- proved by the Mortgascc and the policies and renewals thereoC shall be beld by the MortPlcc and have attached thereto loss payable clauses in Cayor of and in form acceptable to the Mor- tPlcc. In event of loss Mort,gagor will Bi1le immediate notice by mail to the MortlJllCC. who may make proof of loss if nOI made promptly by Monsasor. and each insurance company concerned is bc:reby aUlhorized. and directed to make paymenl for such 1055 directly to the Mortgagee instead of 10 the MonsaJor and the Mongqee jointly. and the insurance proceeds, or any part thereof. may be applied by the Mortppe al its option either to the reduction of the indebtedness hereby secured or to the restoration or repair of the property damaaed. In event of foreclosure of this monpac: or other tram fer of title 10 Ihe mor- tpaed property in extinauishment of lhe indebtedness secured hereby. aD riaf1t. title and inlerest of the MortPlor in and to any inswance policiCl then in force shall pass to tbe purchaser or grantee. 9. ThaI as additional and col1ateral KCUrity for the payment of the note described, and all sums to become due under this 1I1onaa&e. the Monpgor hereby assips to the MortPBce all profits, revcIIUCl. royalties. riahts and benefits accruing to the Mo_ UDder auy and all oil and ps leases on said premises, with lbe ri.lht CD r<cdve and r<cdpt for lbe same and apply them to said iDdcbtedneu as well before &5 after default in Ihe wndi- lions of this mortgage, and me Mortlasee may demand, sue for aDd recover any such paymenu when due and payable, but shall not be required so to do. This usianmcnt is 10 terminate and become null and void UpoD rdcasc of mis monpge. III w1_ _f lbe MonlagOr(.)~ In pre5Cllce of: 10. ThaI 'he Monlalor wlll keep ,he buildlnl' upon said premisC5 In good repair. and neither commit nor pcnnh wute upon said land, nor surfer the said premises 10 be used for any unlawful purpose. 11. That if the premises, or any pan thereof, be condemned under the power of eminent domain, or acquired for a public U5C. the damages awarded, the proceeds for the taking of. or the consideration for such acquisition, to the extent of the full amount of indebtedness upon this mortgage and the note which it is given to secure remainins unpaid, are hereby assigned by the MortSBgor to the Mortgagee. and shall be paid forthwith to said Mongagce to be applied by the latter on account of the next maturing Installments of such indebtedness. 12. The Mortgagor further agrees that should this mongage and the note secured hereby not be eligible for insurance under Ihe National Housing Act withinSixty days from the date hereof (written statement of BOy officer of me Department of Housing and Urban DeveJopment or authorized agent of the Secretary of Housing and Urban Development dated ~~~~u~~tnt:~~~k~fntg 10 insure said ~~t~ =e~~:es:~~ being deemed conclusive proof of such ineligibility), the Mor. tgagee or holder of Ihe note may, at its option, declare all sums secured hereby immediately due and payable. 13. That if the Mortsagor fails to make any payments of money when the same become due, or fails to conform to and comply with any of the conditions or agreements contained in this mortgage. or the nole which it secures. then the entire prin- cipal sum and accrued interest shall at once become due and payable, al the election of the Mortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of said money, interest. monthly payments, cosu. ground rents, taxes and the cost of extending: the abstract of title from the date of this loan to Ihe time of commencin& such foreclosure suil. and a reasonable auorney's fee. all of which sbalI be included in the decree of foreclosure: and the contract embodied in this monsllSC and the nole secured hereby. shall in all respectS be governed, c:onsuued and adjudged by the Ilws of Ncbrukl, where me same is made. The COycnan15 herein contained sball bind, and the benefits and advantages shall inure to, the rClpective heirs, executors. ad. ministralors. SUcce5S0rs, and 851ignJ of the panies hereto. Whenever used. lbe .inBU1ar number .hall include the plural, the plural me sinJular. and the use of any sender shall include aU genders. The foregoing conditions. all and sinaular. beina performed ac- cordins to their natural and lepI impon, this conveyance &hall be void and said premises rdeased It the expense of the Mort. gagor; otherwise 10 be and remain in full force and effecL (SeoII (SeoII (SeoII (SeoII ISeoII ,'I Page 3 of"