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<br />12, The Modlinglor farther agrees that should this mortgage and the note secured hereby not be eligible for Insurance under this f lational
<br />Housing Act wfthbt 30 _ from the date hereof ( written of any officer of the
<br />Depadmom M Housing and Urban Dairellopment or authorized agent of the 9ecnctary of Hous" and Urban [p,,clopment dated subsequent
<br />to the a time from the date of this mortgage, declining to in ^ure said note and this mortgage, helm
<br />deemed conaktshro proof of ), the Mortgagee or holder of the note nay, at its option, declare all sums secured hereby immediafrtj
<br />due and payslals, This option Tray not be exercised by the Mortgagee when the Ineligibility for insur9n�n under the National liousing Act
<br />is due to the MortilleffeWs to rertill the Mortgage insurance Pretltum to the Department of Housing and Urban Development.
<br />13. That I the Morigagm tab to make any payments of money when the same become due, or falls to conform to and comply with any of
<br />the conditions or agrosernettle connifned In Ilk mortgage, or the note which It secures, then the entire principal sum and accrued literest
<br />shelf M ornas become due mold payable. al the election of the Mortgagee, and this mortgage may thereupon be foreclosed Immediately for file
<br />whole of sold money, Interest, more ttiy payments, costs, ground rents, taxes and the cost of extending the abstract of Ube from the date of
<br />this fear to the nme of commosticifig such forclosure tuft, and a ressonable attorney's let, all of which shall be Included In the decree of
<br />and Mme conk" embodied In this mortgage and the note secured hereby, shelf It all respects be governed, construed and
<br />adodged by ffm laws of Nebraska, where the some is made.
<br />The covenants herein contained shag bind, and the benefits and advantages shall insure to, the respective heirs, executors, administrators,
<br />suctoossore and assns of the partles hereto, Whatever used, the siripler number shelf Include the phial, the plural the singular, and the
<br />use of any gender shelf be to all genders.
<br />The foregoing conditions, all and singular, being performed according to their natural and legal Import, this conveyance shall be void and
<br />said pranlses remised at the expense of the Mortgagor, otherwise to be and remain It full force and affect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) Its hereunto set t hAAAA; hands) the day and year first above written.
<br />In Presence of: )/ �� )
<br />[SEAL)
<br />rk M, Washbu
<br />X� (SEAL)
<br />Patricia J. Wa burn
<br />STATE OF NEBRASKA,
<br />as:
<br />COUNTY OF HALL
<br />On this 13th day of April , A.D. 19 87 before me,
<br />a Notary Public
<br />in and for said County, personally came
<br />Clark M. Wash urn and Patricia J. Washburn, husband and wife,
<br />personally to me known to be the Identical persons) whose name(s) are
<br />affixed to the above and foregoing Instrument as Mortgagor, and they have
<br />acknowledged the said instrument and the execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />in testimony whereof. I Have herrinto set my hand and affixed by 0 f icial seal at Grand Island
<br />on the day and date last above widnen. a
<br />f
<br />C0Ktop S. 6 It Notary Public took E* Ott My Commission Expires:
<br />STATE OF NEBRASKA
<br />Filed for the Record this day of A.D.
<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 form contains no varletien from the HUD Form 92143M (9 -79) other than the piepayment provision which has been amended
<br />pursuant: to Mortgages Latter 85.18 dated duly 25. 1985.
<br />Bv:
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