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made shall be added to the Principal sum owing on the above
<br />nare, SW be secured hereby, and shall bear interest at the rate
<br />M forth in the said nos, until paid.
<br />7. The the Mortgagor hereby assigns, transfers and sees over
<br />b the Mortgages, to be applied toward the payment of the see
<br />and all Mm secured hereby in case of a default in the perfor-
<br />ltd of any of the tams And comditions of this mortgage or the
<br />aid "I's, AU the rents, rcMm and inmate to be derived from
<br />the monsoged {rangy during such time u the mortgage in-
<br />shaU remain unpaid, end the Monplae shall have
<br />power to appaim any agent or amts it may desire for the pur-
<br />pose of repoking said Demises cad of ratting the same and col -
<br />the rents, revenues and income, and it may pay out of
<br />aid incomes all expenses of repairing said premises and necessary
<br />OW expenses incurred in renting and managing the
<br />sane aril Of Collecting rentals therefrom; the balance remaining,
<br />if any. to applied toward the discharge of said mortgage
<br />" That the Mortgagor will keep the improvements now ex-
<br />isting or hereafter erected on the mortgaged property, insured as
<br />may be required from time to time by the Mortgagee against loss
<br />by fire and other hazards. casualties and contingences in such
<br />its and for Rich Periods u may be required by the Mort -
<br />g4lisse and will Pay Promptly, when due, any premiums on such
<br />insurance ProviaiOn for Payment of which has not been made
<br />hereinbefore. Ali insurance shall be carried in companies ap-
<br />Proved by the Mortgagee and the Policies and renewals thereof
<br />shall be held by the Mortgagee and have attached thereto loss
<br />Payable clauses in favor of Arid in form acceptable to the Mor-
<br />tgagee. In event of loss Mortgagor will give immediate notice by
<br />mall to the Mortgagee, who may make Proof of loss if not made
<br />Promptly by Mortgagor, and each insurance company concerned
<br />is hereby authorized and directed to make payment for such loss
<br />directly to the Mortgagee imtrad of to the Mortgagor and the
<br />Mortgagee jointly. and the insurance proceeds, or any part
<br />thereof, may be oyplied by the Mortgagee at its option either to
<br />the reduction of the indebtedness hereby secured or to the
<br />restoration or repair of the Property damaged. In event of
<br />foreclosure of this mortgage or other transfer of title to the mor.
<br />tll"Ad property In extinguishment of the indebtedness secured
<br />hereby. all right, title and interest of the Mortgagor in and to
<br />SAP' insurance Pia then in force shall PAN to the Purchaser or
<br />grantae.
<br />9. That As additional and CORWeral security for the payment
<br />Of the note described. toad all 141flas to become dux under this
<br />R, the Mortgagor hereby assigns to the Mortgagee all
<br />Prof", reremua, roy111ies. syhu and benefits accruing to the
<br />Mortgagor under any and All oil tend gas knees on said premises,
<br />with the right to receive and receipt for the same and apply them
<br />to +red indebtedness a well before as after default in the condi-
<br />tione of this mortgage, turd the Mortgagee may demand. sue for
<br />and recover tray such payments when due and payable, but shall
<br />am be required so to do. This assignment is to terminate and
<br />become aull and void upon release of this mortgage.
<br />IN wksm wltensof the Mortgagors) ha ve hereunto set
<br />PUfoe
<br />may not be exercised by the
<br />insuranccee wunnder the National ty for
<br />tiiHousing Act
<br />Is due to the mortgagee's failure to
<br />remit the mortgage Insurance premium
<br />to the Department of Housing and Urban
<br />Development.
<br />10. That the Mortgagor will keep the buildings upon said
<br />promises In good repair, and neither commit nor permit waste
<br />upon said land, nor suffer the aid premises to be reed for any
<br />unlawful purpose,
<br />I1. That if the premises, or any part thereof, be Condemned
<br />under the power Of eminent domain, or acquired for a puW
<br />use, the damages awarded, the proceeds for the taking of, or the
<br />Consideration for such acquisition, to the extent of the fuU
<br />amount of indebtedness upon this mortgage and the note which it
<br />is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said
<br />Mortgagee to be applied by the latter on account of the next
<br />maturing installments of such indebtedness.
<br />12. The Mortgagor further agrees that should this mortgage
<br />and the note secured hereby nut be eligible for insurance under
<br />the National Housing Act within 60 days days
<br />from the date hereof (written statement of any officer of the
<br />Department of Housing and Urban Development or authorized
<br />agent of the Secretary of Housing and Urban Development dated
<br />subsequent to the 60 days days' time from the date
<br />Of this mortgage, declining to insure said note and this mortgage,
<br />being deemed conclusive proof of such ineligibility), the Mor-
<br />tgagee or holder of the note may, at its option declare all sums
<br />secured hereby immediately due and payable, See See Below
<br />13. That if the Mortgagor fails to make any payments of
<br />money when the same become due, or fails to conform to and
<br />comply with any of the conditions or agreements contained in
<br />this mortgage, or the note which it secures, then the entire prin-
<br />cipal sum and accrued interest shall at once become due and
<br />Payable, at the election of the Mortgagee; and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said
<br />money, interest, monthly payments, costs, ground rents. taxes
<br />and the cost of extending the abstract of title from the date of
<br />this loan to the time of commencing such foreclosure suit, and a
<br />reasonable attorney's fee, all of which shall be included in the
<br />decree of foreclosure; and the contract embodied in this mortgage
<br />and the note sectored hereby, shall in all respects be governed,
<br />construed and adjudged by the laws of Nebraska, where the same
<br />is made.
<br />The covenants herein contained shall bind, and the benefits
<br />and advantages shall inure to, the respective heirs, executors, ad-
<br />ministrators, successors, and assigns of the parties hereto.
<br />Whenever used, the singular number shall include the plural, the
<br />plural the singular, and the use of any gender shall include all
<br />genders.
<br />The foregoing conditions, all and singular, being performed ac-
<br />cording to their natural and legal import, this conveyance shall
<br />be void and said premises released at the expense of the Mort-
<br />gagor, otherwise to be and remain in full force and effect.
<br />th� hand(s) h he day, md year
<br />a year first above written.
<br />Ismail
<br />14Y ICI
<br />- -- Isedl
<br />Ismail
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