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L 8 - 100568 12, The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for insurance under the tlVia=?i Housing Act within die f)ayc from the date hereof (w!ittr -r !e• „t of any officer of the Department of Housing and Urban i9�vefoprnerN or authorizrd agent of the Sr,:ieta!y of Housnnq and Urban 1,-Mopment dalcd sutnequ ^r^ to the Stated time from the date of this mortgage, dechnvng to in-ure said note and this mortgage. brine deemed conclusive proof of Ineligibility). the Mortgagee or holder of file note may, at its option, declare all sums secured herehy due and payable. This option miry not be exercised by the Mortgagee when the ineligibility for innsut — �indar thr National H^usmg Act is dire to the Mortgagee's fallue to remil the Mortgage Insurance Premium to the Department of Housing and Urban Development. 13. That it the Mortgagor tags to make any payments of money when the same become due, or faits to conform to and c ^mpty with an.: of the conditions or agreements contained in this mortgage, or the note which it secures. then the entire fuincipal sum and accrued intern -t shag at once become due and payable, at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately for rho 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 Bart to the time of commencing such fordosure suit, and a reasonable attorney's fee, all of which shag be included in the decree of foreclosure; and the contrad embed led in this mortgage and the note secured hereby, shag in all respects be governed, construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shag bind, and the benefits and advantages shag insure to. the respective heirs, executors. administrators. successors and assigns of the parties hereto. Whenever used. the singular number shag Include the plural, the plural the singular, and the use of any gender shag be applicable to all genders. The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance shag be void and said prefn(ses released at the expense of the Mortgagor; otherwise to be and remain in fug force and effect. IN WITNESS WHEREOF, the Mortgagor(s) jia erg_ �figreunto'set'? hPi r hand(s) the day and year first above wrinen. In Presence of; j, r�Y /.��'iT ✓�r (SEAL) Jame�—n_� ifs- — lWN� , 'IY ax. )_ _[SEAL] Rene L. Hinman (SEAL] STATE OF NEBRASKA, ss: COUNTY OF HALL On this 29th �y of January A.D. 19 87 before me. a Notary Public in and for said County, personally came James 1. Hinman and Rebe L. Hinman, husband and wi e, personally to me known to be the identical person(s) whose name(s) are affixed to the above and foregoing instrument as Mortgagor, and they have acknowledged the said instrument and the execution thereof to be their voluntary act and deed, for the purposes therein expressed In testimony whereof. t have hereunto set my hand and affixed by Of ficial seal at Grand Island on the day and dale last above written. {niitA(St311 BI►ti ONN-E $[ S1. votary c With- �� My Commission Expires: STATE OF NEBRASKA Filed for the Record this day of A.D. at o'clock _M., and entered in Numerical Index, and recorded in Book of Mortgages, on Page of Feg,ster of Dce05 CERTIFICATION: This Mortgage form contains no variation from the HUD Form 92143M (9 -79) other than the prepayment provision which has been amended pursuant to Mortgagee Letter 85 -18 dated July 25, 1985. By cage 3 f M-