RE'AMM=
<br />86 108920 7- 142018
<br />10. That the Mortgagor will keep the buildings upon said premises in good repair, a,,d neither commit nor permit waste
<br />14vn -said land, norsufFerthc said premises to be used forany unlawful purpose,
<br />I I. That if the premises, or any part thereof, he 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 itmebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Murtgapir to the Mortgagee, and shall be paid forthwith to said Mortgagee to he applied by the (alter on account of the next
<br />maturinjit installments of such indebtedness.
<br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in-
<br />surance under the National Housing Act within 180 days from the date hereof (written statement of any officer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the 180 days time from the date of this mortgage, declining to insure said
<br />tote 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 recurred 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 he 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 eebodied in this mortgage
<br />and the note secured hereby, shall in all respects he governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective heirs, executors,
<br />administrators. successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the
<br />plural the singular. and the use of any gender shall he 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 the Mortgagor: otherwise to he and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) ha Ve hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />1 SEA(_
<br />( SEAL I
<br />f SEAL. I
<br />AP40LP C
<br />4A440 V ( SEAL I
<br />IM ( SEAL I
<br />STATE OF NEBRASKA.
<br />sr:
<br />COUNTY OF HALL
<br />On this 15th day of JULY A D. 1`L86 , before me, the undersigned
<br />a Notary Public in and for said County, personally came
<br />Dehn A. Renter and Barbara A. Renter, Husband and Wife, and Arnold C. Wenn and
<br />Linda 4 Tjen , Husband and Wife, as Tenants in Common
<br />Personally to me known
<br />to be the identical erson s whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor. and the acknowledged the said instrument and the
<br />execution thereof to be their y voluntary act and dged, for the purposes therein expressed.
<br />In testimony whereof, 1 have hereunto set my hand and affixed by notarialseal at Grand Island, Nebraska
<br />on the day and date last above writt
<br />NAVA troy hm I(M+Iilglh �
<br />Notary Public
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A. D. 14
<br />at o'clock M.. and entered in Numerical index. and
<br />recorded in Book of Mortgages, on
<br />page Of
<br />Register of Deeds
<br />This document prepared by Jill Rogert.
<br />. 0 N 1Uwtae~41 rnroarimu Ocr�.,;t. Nt10 - 921430d V) -19)
<br />r:;3
<br />
|