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Page 3 of 3 <br />I <br />luu;)UD <br />12, The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for insurance "der the Nalvevlt <br />Housing Act within if) Dam Irmn the date hereof (written s1,f ­­t of any officer of the <br />W 1�,,elopment dated sub-mritl'tw <br />�ieloprnervll nuff"friz-d agent of the T-tetary of Housint <br />Department of Housing and Urban De or. ; and Urban L <br />to the Stated time from the date of this ruff"gago, declining to iii-tire said note and this mnflgaqrf, be"11 <br />deemed conclusive proof of Ineligibility). the Mortgagee or holder of life note ", at its option, declare all sums secured hereby immorfill­'.. <br />duo and payable. This option may not be exercised by the Mortgages when the ineligibifily for Insiti•• ­ under tf-, Rational Hrfusing Act <br />is due to the Mortgoges's falliffe to remit the Mortgage Insurance Premium to the Department of Housing and Urban Development. <br />13. That If the Mortgagor falls to make any payments of m0rW when the same become due, or falls to conform to and c-)mply with any of <br />d c <br />the conditions or agreements contained in this mortgage, or the note which it secures, then the entire Principal sum an accrued interest <br />shelf Mona become due wW payable, at the election of the Mortgages. and this mortgage may thereupon be forecto sed immediately for If,- <br />whole of said money, Internal monthly payments, costs. Wound rents, taxes and the cost of extending the abstract of title from the date of <br />this low to the 111mis of commencing such liorclosure sult, and a reasonable attorney's fee, am of which shall be included in the decree of <br />foreclosum and ther contract emboded In this niongagis and the note secured hereby, shelf In all respects be governed. construed and <br />adIludged by the laws of Nebraska, where the same is made. <br />The covenants herein contained shelf bind, and the benefits and advantages shelf Insure to, the respective heirs, executors. administrators, <br />successors and assigns of the paroles hereto. Whenever used, the singular number shelf Inckide the plural, the plural the singular. and the <br />use of any gender shelf be applicable to all genders. <br />The foregoing conditions, sill and singular, being performed according to their natural and "I Import, this conveyance shell be void and <br />said promises released at the expense of the Mortgagor-, otherwise to be and remain in full force and effect. <br />IN WITNESS WHEREOF. the Mortgagor(s) lia v,- hereunto set their hand(s) the day and year first above written. <br />In Presence of: <br />[SEAL] <br />D vid D M rler\_ <br />Idlt i I - i —[SEAL] <br />dy J Fillinger <br />j <br />[SEAL) <br />(SEAL] <br />[SEAL] <br />STATE OF NEBRASKA, <br />COUNTY OF HALL <br />4 <br />On this 28th day of Januar;4 A.D. 19 s7 before me, <br />N ar Publ, 1 c <br />In find for said County, personally came U. r.Ler, a single person, and <br />Judy :7. ri-Itfuser, a Single person, <br />personally to me known to be the Identical person(3) whose name(s) are <br />affixed to the above and foregoing instrument as Mortgagor, and they have <br />their <br />acknowledged the said Instrument and the execution thereof to be voluntary act and deed, for the purposes therein expressed. <br />In testimony whereof, I have hereunto set my hand and affixed by_Qfficial seal at Grand Island <br />on the day and date last above written. <br />ONK vwftii of olary Public <br />CONNIE 111- BALES y Commission Expires: <br />NY <br />RnENT <br />DIM EW act it. 19M <br />STATE OF NEBRASKA <br />Fled for the Record this — day of AD. <br />at o'clock M., and entered in Numerical Index, and recorded in Book of Mortgages, on <br />Page _ of <br />Register of Deeds <br />CERTIFICATION: <br />This Mortgage form contains no variation from the HUD Form 92143M (9-79) other than the prepayment provision which has been amended <br />pursuant to Mortgagee Letter 85-16 dated July 25, 1985. <br />By: <br />ritle <br />Page 3 of 3 <br />I <br />