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<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
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