87-.. 10 ,U73jq
<br />media .hart ►.
<br />8. That the Mo"PW will key the improvements now ex.
<br />an'" or herreafter "acted On the mortgaged property, insured as
<br />may be requhad from time to time by the Monsaaee against loge
<br />by fire and other hazards, casuahies and contingencies in such
<br />and for such periods a may be required by the Mort•
<br />aagee mad will Pgey Promptly, *ban due. any premiums on such
<br />inmrranoe provision for payment of which has not been made
<br />it"ghefore* All insurance drab be carried in companies
<br />proved by the Mortgagee and the pomp and renewals thereof
<br />be held by the Mortgagee and have attached thereto loss
<br />PRY" cleuses in favor of and in form acceptable to the Mor-
<br />tgya. is event Of loge MortgSpx will give immediate notice by
<br />mng'o'be kr'i�e, who may make Proof of loge if not made
<br />P aptly by Mow Mw. and each insurance company concerned
<br />Is ben* awhe fined and directed to make Payment for such lots
<br />MWWW too *. [and be age p the Mortgagor, and the
<br />thereof. may be by the prooeatlit O any hart
<br />th's reduction of the Morta hereby s at its option either to
<br />o' repair Of the aged. I or to the
<br />Property damaged. In evert of
<br />f P
<br />oggel ro of t or other transfer of title to the mor.
<br />hereby, to riP�p, chic and hrtereat of the � aatitrto
<br />� hnesramat policies then la f� tha11 poor in rch se
<br />psus to the Purchaser or
<br />wUaess wh#Saef the M"Wa r(s) ha ve
<br />is cut may wort be exercised by the
<br />disc►
<br />when the ineligibilty for
<br />inauranem spider the National Mousing Act
<br />is Aug " the mort"ll", s failure to
<br />result the wor4agg insurance premfuwe
<br />to the Department of Mousing and Urban
<br />De1elopow"t.
<br />lo. That the Motfltyor will keep the Nwifto up" told
<br />upon in good repolf, trod nor "M* WWO
<br />"W load, nor suffer the Said Preallsse to be teed far any
<br />awful purpose.
<br />1 I. That if the premises, or Say part tb W, be OgmdgauW
<br />under the power of emsitNn l domain, or acquked for 11 pure
<br />use. the gwwgrdad, the proceeds for the Mk*
<br />of, or the
<br />amount of acq , to the extent of the fun
<br />ls given o secure remaining Unpaid, we &std the ntxe which it
<br />MorWW to the Morigagar;, and shall be by the
<br />Mortgages to be krththe ex odd
<br />ri df ss u I titer at account of clot tens
<br />maturing i
<br />I" The Mo V1SOr further agrees that amid dW mortgagg
<br />and the note secured hereby not be eWbie for insurance under
<br />the National Housing Act within 60 days days
<br />from the date hereof (written statement of say officer of the
<br />Department of Noosing and Urban Development Or authodud
<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 rye and this mortgage,
<br />being deemed conclusive proof of such indkibiW). the Mer-
<br />tgaaee or holder of the rote may, at its cprtion. declare all sums
<br />secures hereby immediately due and payable.** See aglow
<br />13. That if the Mortgagor fails to make any payments of
<br />money when the sane become doe, or fails to conform to ad
<br />comply with any of the Condit, Was Or ageements contained in
<br />this morrgeae, or the tote which it secures, than the entire prin-
<br />ciPai sum and accrued interest shall at once become due and
<br />payable, at the election Of the Mortgagee. and this mortgagee may
<br />thereupon be foreclosed immediately for the whole of said
<br />money, interest, monthly PSYmemts, costs, ground rents, taxes
<br />and the cost of extending the abstract of title from the toe of
<br />this loam 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 nee secured hereby, shall in ail mpecu be governed,
<br />construed and adjudged by the laws of Nebraska, where the same
<br />is anode.
<br />The covenants herein cosrWned shall bind, and the benefits
<br />and advantages shall inure to, the respective heirs, executors, &d-
<br />ministraon. +mss, and &#Signs of the Parties hereto.
<br />Whenever wed, the singular number shall iachtde the plural, the
<br />Plural the singular. and tie use of any gender shall include all
<br />sawk s.
<br />ac-
<br />cording foregoing o c natural acrd, ail and moo, � Performed ac-
<br />he void and said import, this conveyance suds
<br />premises released at the expense of the Mort-
<br />gagor' otherwise to be &M remain in full fora and effect.
<br />hereunto sox
<br />it
<br />hand(s) the day and Year first above written.
<br />``
<br />_41UGER L,. KQ J1R T - --' (Sod)
<br />+'e.r a, � "Ok, k'!�T
<br />le t 1 E i JSGW J
<br />(%N(
<br />(Bea"
<br />PIVO 3 Of
<br />J
<br />
|