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<br />�e shoal added to the principal sum owing on the above
<br />set forth in the heroby and shall bear interest at the rate
<br />said note, until paid.
<br />7. That the Monpgor hereby assigas, transfers and sets over
<br />It" the Mort"S to be
<br />a� all , sB1n° W-W hereby iine toward a f defaul�enthef the note
<br />mane of any of the terms and conditions of this mortgage perfor-
<br />said note, all the Nuts - revenues and income to be derivd from
<br />the pr,".n. s during such time as the mon
<br />debredn� dull retnaea unpaid, and the Mott a ee shall have
<br />Power to "Point any agent or B B
<br />Pone of repairing said agents it may desire for the Pur-
<br />kecttng the rents, revenues ices and of renting the same and col
<br />said in all and income, and it may pay out of
<br />experts" of repairing said Premises and necessary
<br />commissions and expenses incurred in renting and maneging the
<br />same sad of collecting rentals therefrom; the balance remaining,
<br />if any to be applied toward the discharge of said mortgage
<br />tndebtedness,
<br />iui That the Mortgagor will keep the improvements now cx-
<br />n6 Or hereafter erected on the mortgaged
<br />may be required from time to property, insured as
<br />time by the Mortgagee against los
<br />by fire and other hazards, casualties and contingencies in such
<br />amounts and for such periods as may be required by the Mort -
<br />SAM and will Pay Promptly. when due, any premiums on such
<br />insurance provision for Payment of which has not been made
<br />lereinbefore. All 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 and in form acceptable to the Mor-
<br />ttlagee. In event of loss Mortgagor will give immediate notice by
<br />mail to the Mongagee, 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 instead of to the Mortgagor and the
<br />thereof. Jointly and the insurance proceeds, or any part
<br />Y be appi� by the Mortgagee at its option either to
<br />the reduction of the indebtedness hereby secured or to the
<br />storatwn or repair of the property damaged. In event of
<br />foreclosure of this montage or other transfer of title to the mor-
<br />tt property in extinguishment oC the indebtedness secured
<br />hereby, all right. title And interest of the
<br />any insurance: policies them in fora shat) Mortgagor in and to
<br />nt
<br />graet, Pau to the purchaser or
<br />of the T� as additional and collateral security for the payrneat
<br />mee d —Abed. std W sums to become due u
<br />mortgage, the Mortgagor hereby ataigns to the Mor cider his
<br />e"
<br />revenues, royalties. rights turd benefits teagee all
<br />MMohrtWee under Any Amy and all oil and gas leases oa -rued premises,
<br />th
<br />to seed - receive and receipt for the same grid apply them
<br />tiau of thtuMinoWrtt m1 before after default in the condi-
<br />gage. sad the Mortgagee may demand, sue for
<br />atut Of my such Payments when due and payable, but shall
<br />not be required co to do. This
<br />become null ared void u t is to terminate and
<br />port release of this mortgage.
<br />10. That the Mortgagor will keep the buildings upon said
<br />premeses in good repair, and neither commit t
<br />upon said land, nor suffer the said premises nor Perm' waste
<br />to be used for any
<br />unlawful purpose,
<br />11. That if the premises
<br />under the , or any part thereof, be condemned
<br />power of eminent domain, or acquired for a public
<br />use, the damages awarded, the Proceeds for the taking of, or the
<br />consideration for such acquisition, to the extent of the full
<br />amount of indebtedness upon this mortgage and the note which i
<br />Mortgagor to
<br />is given to secure remaining unpaid, are hereby assigned by the
<br />the Mortgee
<br />ga, and shall be paid forthwith to said
<br />Mortgagee to be applied by the letter oni 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 not be eligible for insurance under
<br />the National Housing Act within
<br />from the date hereof (written statement of any officer of the days
<br />Department of Housing and Urban Development or authorized
<br />agent of the Secretary of Housing and Urban Developm
<br />s subsequent to the ent dated 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),
<br />tgagee or holder of th the Mor-
<br />e note may, at its option, declare all sums
<br />secured hereby immediately due and Payable.
<br />13. That if the Mortgagor
<br />money when fails to make any payments of
<br />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 or 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 foreclosure. 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, scull 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 irict,
<br />Plural the singular. and the use of any gender stke hall the enclpluralude ail the
<br />genders.
<br />The foregoing conditions, all and singular. being Performed ac-
<br />cording to their natural and legal import, this con
<br />be void and said Premises released at the expense conveyance shall
<br />8agrrr; the Mort -
<br />otherwise to be and remain in full force and effect.
<br />N wissassia wltes"t the Ma"9400s) ha Ve hereunto set their
<br />In Presence of: hand(s) the _day and year first above written.
<br />Michael Tiggggae1gta17 Isedl
<br />- - -- - -- Isadl
<br />Vei7rw,,l Sue Tinmzetn Isar)
<br />_- _ - -_ -__ - — — -- ISesdl
<br />--- - - -- -- ---- - - - - - -- (Sell
<br />PS" 3 of
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