87102800 - Laserfiche WebLink

Browse

S 87-- 1® go ;j0 be added to the S. That the Mortgagor will keep the improvements now ex. is r"ll Of hereafter erected on the mortgaged property, insured as by hie required time to time by the Mortgagee against loss amewnts and for s ' Casualties and contingencies in such SAW arch will Periods as may be required by the Mon. PAY Promptly, when due, any premiums on such isixtrisfice Provision for Payment of which has tat been trade hor iabefore. AU insurance Shull be carried in companies ap. Proved by the Mortgagee and the poh im anh renewals thereof SW be held by the Mortgagee and have attached thereto loss payable clauses in favor of arsd in fan Acc ptable to the Mor. gaga". in event of loss Mortgagor will give immediate notice by "teal! to the Mongagee, who may make Proof of loss if not made ePrOmDtIY by Mortgagor, and each insurance company concerned hereby authorised a� dirceted to make payment for such loss dkvajy to the MnftP$w mead of to the Mortgagor and the MOStgilda jointly, Wad the imurarwe proceeds. or any part thereof, asay be applied by the Mongages a its option either to the reduction of the indebtedness hereby secured or to the restoession or repair of the Property damaged. agend. In event Of of this mortgatse or other transfer of title to the ttor- tSeSed property hn eat s of the indebtedness ."cured hereby• all rat. title and interest of the Mortgagor in and to say POhcier then it f� ft1! PAM to the goatee, purchaser or IQ• That the Mortgagor will keep the buildings upon said Pr in good repair, and neither commit nor permit waste UPON Sell land, nor suffer the said premises to be used for any Unlawful purpose, under the t if the premises, of any Part thereof, be condemned e use, the a power of eminent domain, or acquired for a public consideration ffo such ad, the ProeroedS for the taking of, em the amount of indebtedness u uisition, to the extent of the full is given to secure remaining upon this mortgage And the ►moo which it Utg paid, are her Mortgagor to the Mortgagee, and elated! be aid usiped by the Mortgagee to be applied by the latter on rt forthwith !K next maturing installments of such indebtedness. 12. and The Mortgagor further agrees that should this mo"Sagt the note semed hereby not be eligible for j"urantx uuat the National Housing Act within days from the date hereof (written statement of any officer of the days Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the 60 days days' time from the ate of this mortgage, declining to insure said tote and this mortgage, being deemed conclusive proof of such ineligibility), the Ortg liege or holder of the note may, at its option, declare all sums secured hereby immediately due and Payable.** fine Below 13. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to end comply with any of the conditions or agreements contained in this mortgage, or the Nate which it secures, there the entire Prin- ciPal sum and accrued interest shall at once become due and Payable. at the election of the Mortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of sold money, interest. monthly payments, cats, ground rem, taxes and the cost of extending the abstract of title from the ate of this icon to the time of commencing such foreclosure suit, aul a reasonable attorney's fee, all of which Shull be included is the decree of foreclosure; and the contract embodied in the mortgage ant the note secured hereby. shall in all respects be gova ed, construed and adjudged by the laws of Nebraska, where the sate is made. and The covenants herein contained SW bind. told the benefits advantages Shea$ inure to. the respective heirs, e�l"On, ad. ministra[ars, successors. sad aeugre of the part," hereto. Wherevef used, the singular number SW include the plural, the Plural the singular. and the use of try Mader shall include all Senders. The foreggna conditions, all and singular being performed ac- cording to their natural stud legal import, this cat be void and std Premises weasel at the expense conveyance slug the MM_ ga: Otherwise to be and remain in full force artd f ger effect. t r C21" /7 =:�- yaw fire above written. �.G _ lSed) ___._ .___._.___.__...___.._�_._..___ !•Seat Prttp 3 of a In R