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<br />8i... 102364
<br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for insurance under the Nali annl
<br />Housing Act within _ from the data hereof (written V.1leeterd of any officer of the
<br />Department of Housing and Urban Development or aauthorized agent of the Secietary of Housing and Urban V,,Plopmont darted subsegxfont
<br />to the Stated_ time from the date of this mortgage, declining to in-ure said note and this mortgage, b0lif
<br />deemed conclusive proof of M ), the Mortgages Of holder of the note may, at its option, declare all gums secured hereby Pmmedintrij
<br />due and payable. This option "My not be exercised by the Mortgagee when the Ineligibility for Institi -e tinder the PlAtional Housing Art
<br />Is due to the Mortgagee's failure to ran* the Mortgage insurance Prerrdum to the Department of Housing and Urban Development.
<br />13, Thad If the Mortgagor falls to mice any payments of money when the same become due, or falls to conform to and comply with any of
<br />the condlNons or agreements eonlel ned In this mortgage, or the note which it secures, then the entire principal sum and accrued Were ^t
<br />shah a once become due and payable, at the election of the Mortgages; and this mortgage may thereupon be foreclosed Immediately for the
<br />whole Of said money, Interval, monthly payments, costs, ground foals, taxes and the cost of extending the abstract of tide from the date of
<br />this loan to We Ilfe of commencing such fordosuro suit, and a reasonable attorney's lee, all of which shall be Included In the decree of
<br />foreclosure; and the contract embodied in this mortgage and the note secured hereby, shah in all respects be governed, construed and
<br />ad)udged by the laws of Nebraska, where the sane is made.
<br />The covaanls herein contained shelf bled, and the benefits and advantages shell insure to, the respective heirs, executors, administrators,
<br />successors and assigns Of the partial; hereto. Wherever used, the singular number shah Include the plural, the plural the singular, and the
<br />use of any gander shag be applicable to all ganders.
<br />The foregoing conditions, air and singular, being performed according to their natural and legal Import, this conveyance shelf be void and
<br />said praises released at the expense of the Mortgagor, otherwise to be and renaln In full force and effort,
<br />IN WITNESS WHEREOF, the MOrtgagor(s) ha yo hereunto set their hand(s) the day and year first above written.
<br />In Presence of:
<br />` [SEAL)
<br />i o
<br />Cynthia t Kn pi [SEAL)
<br />STATE OF NEBRASKA, 1
<br />}
<br />COUNTY OF Hall I as:
<br />On this 24th day of April
<br />A.D. 19 87 before me.
<br />a Notary Public
<br />in and for said County, ppersonally came
<br />Micheal A. Cnopik an Cynthia A. Knopik, husband ana wife.
<br />Person* to me known to be the Identical person(s) whose names) are
<br />affixed to the above and foregoing Instrument as Mortgagor, and
<br />acknowledged the sold Instrument and the execution thereof to be their voluntary act and deed, for the purposes therein expressed
<br />In testimony whereof, 1 have hereunto set my hand and affixed by Df ficial seal at Grand 'Island, Nebraska
<br />on the day and date last above written.
<br />tRMV.sh�e w WIN
<br />IL�s Notary Pubxlc
<br />My Commission Expires: ;
<br />Or
<br />STATE OF NEBRASKA as
<br />Filed for the Record this day of A.D. _
<br />al 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 />Pursued to Mortgagee Letter 85 -16 dated .key 25, 1985.
<br />By:
<br />^2r 7CTt M?jaih Page ) of 3
<br />M
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