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RE-RECORDED 87- 100501 86-- 107367 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for insurance under the National Housing Act within 180 days from the date hereof (written statement of any officer of the Department of Housing and Urban Development of authorized agent of the Secretary of Housing and Urban Development dated subsequent to the &Q dayys time from the date of this mortgage, declining to insure said note and this mortgage. being deemed tone ustve pr o f such ineligibility), the Mortgagee or holder of the note may, at its option, declare a8 sums securred hereby immediately due and payable. This option may not be exercised by the mortgagee when the ineligibility for insurance under the National Housing Act is due to the mortgagee's fail-ire to remit the Mortgage Insurance Premium to the, Department of Housing and Urban Development. 13. That if the Mortgagor 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 agrmmumis contained in this mortgage, or the note which it secures, then the entire principal stun and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes and the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit, and a reasonable attorney's fee, all of which shall be included in the decree of foreclosure; and the contract embodied in this mortgage and. the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the same is made. _ The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective heirs, executors, administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor; otherwise to be and remain in full force and effect. ' J IN WITNESS WHEREOF, the Mortgagor(s) ha s hereunto set her hand(s) the day and year �C first above written. * *s a s heel pp d n • * *See Adjustable Rate, Rider �atpnnding %is %ff9h e a idit reto and trade a girt hereof for additional terns In presence of: rlaff.1a iTrstf y ph.j No ' inc1Wing' without limitation, provisions for adjusting the interest V �dk1 A-�_ __(SEALI Ja Ile V. Knudsen -- ----- (SEALj STATE OF NEBRASKA, I ss: COUNTY OF Hall f On this 23rd day of DeeembeiA,D. 19 86 before me, a in and for said County, personally came Janelle V. Knudsen personalty to me known to be the identical person whose name is affixed to the above and foregoing instrument as Mortgagor, and she acknowledged the said instrument and the execution thereof to be her voluntary act and deed, for the purposes therein expressed. In testimony whereof, I have hereunto set my hand and affixed by seal at on the day and date last above written. DENISE KAY LOWRY /f11J� GENERAL NOTARY StateofNobr. _ hlv Comm. Exp. Aug. 25,1987 My COMMISSION EXPIRES: tary Public STATE OF NEBRASKA ss Filed for record this day of A p 19 at o'clock M., and entered in Numerical Index, and recorded in Book of Mortgages, on Page of Register of Deeds CERTIFICATION: This mortgage form contains no variation from the official HUD Form 92143M (9 -79) other than the prepayment provision which has been amended pursuant to Mortgagee Letter 85 -16 dated July 25, 1985. Im title lip I El