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made shall be added to the principal sum owing on the above
<br />tea, shall be secured hereby, and shall bear interest at the rate
<br />so forth in the said note, until paid.
<br />S. That the Mortgagor will keep the improvements now ex-
<br />isting or hereafter crated on the mortgaged property, insured as
<br />may be required from time to time by the Mortgagee against loss
<br />by fire and otter hazards, casualties and contingencies in such
<br />amounts and for such periods as may be required by the Mort-
<br />gagee and will pay promptly, when due, any premiums on such
<br />insuram provision for payment of which has not been made
<br />havinbeforc. AN insurance shall be carried in companies ap-
<br />proved by the Mortgage add the policies and renewals thereof
<br />dull be held by the Mortgagee and have attached thereto loss
<br />payable classm in favor of and in form acceptable to the Mor-
<br />tgagee. In event of lass Mortgagor will give immediate notice by
<br />mail to the Mortgagee, 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 snake payment for such loss
<br />directly to the Mortgagee instead of to the Mortgagor and the
<br />Mortgagee jointly, and the insurance proceeds, or any pan
<br />thereof, may be applied by the Mortgagee at its option either to
<br />the reduction of the indebtedness hereby secured or to the
<br />restoration of repair of the peopeny damaged. in event of
<br />foreclosure of the mortgage or other transfer of title to the mor-
<br />tgaged property in extinguWiment of the indebtedness secured
<br />bereby, all right, title and interest of the Mortgagor in and to
<br />any insurance policies then in forte shall ass to the purchaser or
<br />sraftee-
<br />It witooso whereof the Mortgagor(s) ha ve hereunto set
<br />In presence of:
<br />a'" 10462►
<br />10. That the Mortgagor will keep the buildings upon said
<br />premises in good repair, and neither commit nor permit waste
<br />upon said land, nor suffer the said premises to be used for any
<br />unlawful purpose.
<br />11. That if the premises, or any pan thereof, be condemned
<br />under the 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 it
<br />is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said
<br />Mortgagee to be applied by the laiter on 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 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 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. That 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 rho note which it secures, then the entire prin-
<br />cipal sum and accreted interest shall at once become due and
<br />payable, at the election of the Mortgagee; and tb_:- ,mortgage may
<br />thereupon be foreclosed immediately for the whole of said
<br />motley, 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 attorney's fee, all of which shall be included in the
<br />deace 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 trade.
<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 of the parties hereto.
<br />Whenever used. the singular number shall include the plural, the
<br />plural the singular, and the use of any gender shall include all
<br />genders.
<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 Mort-
<br />or; otherwise to be and remain in full force and effect.
<br />1Y hand(s) tth��e day and year first above written.
<br />[semi
<br />Scott A. Wite
<br />[Stoll
<br />iLlf1�� • �� ISa11
<br />Linda M. Whi te—
<br />[semi
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