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L <br />torte. than be Secured ng on the above <br />set Perth is the $aid may' and shall bar interest at the rue <br />WWI until paid. <br />7. Thin the Afortlew hereby a go, transfers and seta over <br />to tie Mortpga, to be applied toward the <br />made " be added to the Pri116 I — owl <br />87- 102849 <br />10. That the Mortgagor will keep the building upon said <br />premises ! l good repair, and neither commit nor permit waste <br />upon land, nor suffer the said premises to be used for any <br />unlawful purpose. <br />and all sume "CurW M"m Of any of the PaYmn t of the note 11. That if the premise. or any Part thereof, be condemned <br />t� � rte of a default in tfof the under 'he power of gttinent domain, or airy for a public <br />Said note, an the rants. Oload MCts of chit <br />me asp to be derived from awarded, the Proceeds for the taking of, or the <br />revenues sued ' <br />the MOrtsiod promisee deblOdflase Shan during such time u the tnortSao in• co sidem" m for such acquisition, to the extent of the full <br />nemesia sapid, and the amount of indebtedness upon this mortgage std the rote which it <br />Pose ofm MPouet amY t a�tlte it two d f tlthave is given to secure remaining unpaW, are hereby assigned <br />said Premises std of r rtfolor to the Mortgagee, and shall be by the <br />bctiag the raxs, revenue tub • etHnnt the same and col. <br />Mortgagee to be Paid forthwith to said <br />said inaowz W expenses of mexpme' tab it may pay out of mooring installments applied � indebtedness. unt of the text <br />[Plases incurred in renting sae and necessary <br />iSun and of ooUaaing rentais tberefrom; the managing the 12. The Mortgagor further agrees that should this morn <br />if any. to be balance remaining. flaf and the note secured hereby not be eligible for insurarsm umber <br />Dndtbtedru s. toward the discharge of said ttortgage the National N <br />S' That the Mortgagor will keep the improver., now ex- <br />a <br />may be or hereafter erected on the mortgaged properly, insured as <br />by fire �fhaza time as time by the Mortgagee "am loss <br />bonds. cuttahra and continlIencie in such <br />mnottms a� for such period$ as 'nay be required by the Mort- <br />Pale tad win pay Prexaptdy, when die, any premiums on such <br />usurance Provision for Payment of which has teal been made <br />herelnbefore. Ali imumanoe shall be carried in comperes Ap- <br />proved by the Mortgagee and the policies and renewals the <br />shads be held by the Mortgagee tad have attached thereto loss <br />pyW" lots_ in favor of nerd in fern acceptable to the Mot- <br />man to � of Iota Mortgagor will give immediate notes by <br />Mort0lee. who may make Proof of lei if not made <br />?r�PtDY Mat>tator. and each imuran ce company concerned sunhorisod dh ere to std directed to �e Payment for such lens <br />mort� lomt instead of to the Mortgagor and the <br />thereof, MAY be applied by the Proceeds, or any Part <br />the redwtia of the ' MOrtt� u its option either to <br />�soratia or repair of the pr�ty� or en the In Foreclosure tluis mortpata or other eramfer'oF title torte mot- <br />in PAY of the indebtedness secured <br />• 1116&. title and interest of the Mortgagor in and to <br />any ranee Policies than is fora Shan PASS to the Purchaser or <br />Fes. <br />9. That a awitio41i1 tad <br />Of the n� described. act," for the Payment <br />. the dot Older this <br />prefhs. reveates Miss AAe <br />�Mot"I tar umda W and an oil and am is on Said Pxemue, <br />w Said m caosve and for the Sae >u d apply them <br />a well before a after default in the tw then <br />Sold �� rich std the Mortgagee may de and, sue for <br />Y o 0 pytaats what due tad payable. but shall <br />mot be required to to do. This is to terminate std <br />become hull and void upon relew of this teorttaga. <br />10 st"" winrof the Mortgagorts) ha vs <br />hereunto set <br />ppP tie" stay not be exercised by the <br />rstteaee wrtan the f- ligibtlty for <br />letswaop wNer the National Hottsin9 Act <br />fa due to the sort"ll",s failure to <br />reNt the aort9a" fnsuranw prea,iur <br />to the Opartmettt of Heusin9 and Urban <br />Dawlopnent. <br />stung 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 />Itatte or holder of the —Ted hereby immediatelyedue naat its option. declare all sums <br />payable. Sea Below <br />13. That if the Mortgagor fails to make any payments of <br />motley when the same become due, or fails to conform to and <br />amply with any of the conditions or agreements contained in <br />this mortgage, or the note which it secures, then the entire grin_ <br />cilia! sum aced 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 rants, taxes <br />and the cost of extending the abstract of title from the time of <br />this loan to the time of commencing such foreclosure suit, std 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 secured hereby . shall in ail respects be governed, <br />is made. <br />construed and adjudged by the laws of Nebraska. where the same <br />The covenants herein contained shall bind, tad the benefits <br />and advantages shall inure to the respective heir. executors, ad. <br />minwrators, succesors, and assigns of the <br />Part <br />Whenever used, the singular number shall itehude the plural, the <br />plural the Singular, and the use of any tender shall include an <br />tenders. <br />The foregoing conditions, all and si <br />cording to their natural and angular, being performed ac- <br />legaD import. ibis conveyance shall <br />tiaaor otherwise to be and remain at the exPense of the Mat. <br />in full fora and effect. <br />their hand(s) the day and year first above written. <br />L. T$'�"� <br />Isar) <br />Iseell <br />Papa 3 of a <br />L <br />J <br />