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<br />sitedis be 4040 to Ile pri &wu owing on the above
<br />be secured htsieby. and shall bear inuarsta at the rate
<br />forth in she said rye, until
<br />9. That as additional &W coUawall vemay for the payment
<br />of all sums to become due under this
<br />the to the Mort "ft ll
<br />p r a, , royak , tights and accruing to the
<br />Mortgagar under any and all oil and gas loam on said premises.
<br />with tlktt to revinve and r fax the saw and apply them
<br />to OW indebudom as well before as after default in the consh-
<br />twm of this mortgalte, and the Mortgagee may demand, sue for
<br />and recover any such pay merits when dare and payable. but shall
<br />rAW be requited ro to do. Thle assignment is to tatimmate and
<br />becimisr tab and void upon release of this mortgage.
<br />In presence of:
<br />10. Thal the Mortgagor will keep the huiwir4ii upon "W
<br />prmiser in goad repair, and "slither commit nor permit wastx
<br />upon said IWO, oaf suffer the said promises to he for any
<br />unlawful parr
<br />I I. That if the premises, or any part thereof, be condemned
<br />under the power of emmism dormstin, or aetpbired for a public
<br />use, the damages awarded, the proceeds for the taking of, or the
<br />considermicm for such acguleftion, to the extent of the full
<br />amount of indebtedness upon this mortgage and the teats which i
<br />is given to secure remsWing unpaid, are hereby astsiSned by the
<br />Mortgagor to the Morigaim, and shall be paid forthwith to said
<br />Mortgagee to be applied by the latter an account of the nest
<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 days
<br />from the date hereof iwritten statement of any officer of the
<br />Department of Housing and Urban Deveiopment or authorized
<br />agent of the Secretary of Housing and Urban Development dated
<br />subsequent to the 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 />tgagee or holder of the note may, at its option, declare all sums
<br />secured hereby immediately due and payable.
<br />13. "chat if the Mortgagor fails to make any payments of
<br />money when 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 of said
<br />money, interest. monthly payments, costs, ground rents, taxca
<br />and the cost of extending the abstract of title from the date of
<br />this loan 1t) 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 note secured hereby, shall 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 />numstrators, succassors, and assigns of the parties hereto,
<br />ikheriever used, the singular number shall include the plural, the
<br />plural the sutguiar. and the use of any gender shall include all
<br />Padets.
<br />The foregoing conditions, all and singular, being performed ac-
<br />cording to their natural and legal import, this conveyance shall
<br />be void and said premises released at the expense of the Mon -
<br />pilor; otherwise to be and remain in full force and effect.
<br />li dls) t year fir t above written.
<br />.J C. Hoffman
<br />_ (San l
<br />gmi)in
<br />L. H offman
<br />Page 3nta
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