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L <br />S7.- 102359 <br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for Insurance under the flslignal <br />Housing from the date hereof (written gr.,tnmcrU of any officer of the <br />DOPW#n$M of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Do,olopment daled subseriuent <br />downed anokrave gnarl lime from the date of thle mortgage, declining to insure sold not* and this mortgage, hefnq <br />tiro and In@tiglbNtiy), the Mortgage o holder of the noto moy, at Its option, declare all sums secured hereby Immorlilp t/ <br />v* payable. This option may not be exercised by the Mortgagee when the Ineligibility for lnsurm, ^n under the+ Nattonel Housing Act <br />M due to the Mtn a's failure to MRA the Mortgage Insurance Promkrm to the Department of HrwoIng and Urban Dwelopment, <br />18, That M the MotPW hdlg to make any payments of money when the some become due, or fails to conform to and co <br />this oondltions o sgr*w netts ottttlalned In this mortgage, o the note which h secures, then the entire ^rued Inter any of <br />she# at once become due and pay", at the @Motion of iris Mort upon Principal sum and accrued In ly fo <br />whale of said gages; and this mortgage may thereupon be foreclosed irrxnedMtaly torn the <br />money- Wareat, monddy Payments, costs, ground rents, taxes and the cost of extending the abstract of Iffle from the date of <br />"lit's ban m Yes titrta of conanandng such brolosure alt, and a reasonable attomey's fee, ail of which shag be Included In the decree of <br />faeolosias: Ind Me oonfract ambodied In this mortgage and the note serxned hereby, site# In e# respects be governed, construed and <br />adjudged by fM laws of Nebraska. wham the sae@ M node. <br />The Maw Nt herein contained shal bind, and the bon@Ns and advantages shelf insure to, the respective heirs, exexttors, administrators. <br />wccesInrs and asstgtts of tits parMss hsfalo. Whenever used, the singular number shall Include the pupa, the pkxa the singular, and the <br />use of ary gander shelf be applicable to d genders. <br />The Bald Ptaa foregoing cond io at sue, d and singular, being performed According to their natural and legal import, thk conveyance she# be void and <br />expense of the Mortgagor otherwise to be and remain In hill force and effect. <br />IN WITNESS WHEREOF, the Mortgager(a) ha vn hereunto set hands) the day and year first above written. <br />in Reserm of. <br />Wiliam uc. ta [SEAL] <br />D, (SEAL) <br />Rnrrz.y M.�_pucnta <br />STATE OF NEBRASKA, <br />COUNTY OF HALL )) ss: <br />On this 24th day of April <br />(SEAL) <br />A.D. 19 87 <br />a before me, <br />Notary Public <br />1!m uc an ancy M Bus County, husband an WILRI, <br />Persondy to me known to be the Identical person(s) whose name(s) are <br />ati6ked to the above and foregoIng Instrument as Mortgagor, and thev have <br />acknowledged the sad InsWmInt and =the thereof to be their voluntary act and deed, for the purposes therein expressed. <br />In testinnony whereof, t have hereunto set my hand and affixed by Of f icial seal at Grand Island <br />on the day and rote last above wrtiten. 9 <br />IL <br />� Notary Public <br />My ComxMssion Expires: <br />STATE OF NEBRASKA : ss <br />Filed for the Record this day of <br />at o'cleck M., ale entered In A.D. <br />Numerical Index, and recorded in Book of Mortgages, on <br />Paps pl <br />ROO let of Deeds — <br />CERTIFICATION: <br />This Mortgage form contains no varotion from the HOD Form 92MM (9.79) other than the prepayrnent provision which has been amended <br />Pu►atau to Mortgagee Letter 85.15 dated Judy 25, 1965. <br />By:_ <br />page 3 of 1 <br />J -� <br />