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made s _ he added to the principal sum owing on the above <br />note, shall be cured hereby, and shall bear interest at the rate <br />set forth in the said note, until paid. <br />g. That the Mortgagor will keep the improvements now ex- <br />isting or hereafter erected on the mortgaged property, insured as <br />may be required from time to time by the Mortgagee against loss <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 />and will pay promptly, when due, any premiums on such <br />insurance provision for payment of which has not been made <br />hercinbefore. 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 />tgagee. In event of loss Mortgagor will give immediate notice by <br />trail 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 make 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 part <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 or repair of the property damaged. In event of <br />foreclosure of this mortgage or other transfer of title to the mor- <br />t2aged property in extinguishment of the indebtedness secured <br />all right. title and interest of the Mortgagor in and to <br />any insurance poly then in force shall pass to the purchaser or <br />In wiftim whereof the Mon or(s) ha Ve hereunto set <br />In presence of: <br />10. That the Mortgagor will keep the buildings upon said <br />promises 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 part 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 latter 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 statemeAllany 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, declinito 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 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 />stoney, 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 />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 />ministrators, successors, and assigns 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 />gagor; otherwise to be and remain in full force and effect. <br />THEIR hand(s) Cite day and year first above written. <br />Isaall <br />CLOSE <br />– — <br />-- Isee11 <br />KATHY L. CLOSE <br />Page 3 of 4., <br />a <br />a <br />