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_r- <br />87-- 106806 <br />J2. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for insurance <br />under the National Housing Act within 180 DAYS from the date hereof (written statement of any officer of the <br />Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development <br />dated subsequent to the 180 DAYS time from the date of this mortgage, declining to insure said note and this <br />mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note may, at its option, <br />declare all sums securred hereby immediately due and payable. This option may not be exercised by the mortgagee when the <br />ineligibility for insurance under the National Housing Act is due to the mortgagee's failure to remit the Mortgage Insurance <br />Premium to the Department of Housing and Urban Development. <br />13. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to and <br />comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire <br />principal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage <br />may thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes <br />and the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit, and <br />a reasonable attorney's fee, all of which shall be included in the decree of foreclosure; and the contract embodied in this <br />mortgage and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, <br />where the same is made. <br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective heirs, <br />executors, administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the <br />plural, the plural the singular, and the use of any gender shall be applicable to all genders. <br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this <br />conveyance shall be void and said premises released at the expense of the Mortgagor; otherwise to he and remain in full force <br />and effect. <br />IN WITNESS WHEREOF, the Mortga or(sy haVE hereunto set THEIR hand(s) the day and year <br />fast above written. *SEE aniticrale> RATE R& AMRVIi. THIS PDWQgZ ATTA® HEFEM AND MAIE A PART HERMF FOR <br />ADDITIONAL TEEM, 5ERW AND 00 DTPIONS OF THIS Z IK MIZ, I�R'4i71Tt' LDITWION, PRMSEW FOR <br />In presence of: THE INIEWM RATE AND KNIHI.Y PANT. <br />[SEAL] <br />KELL J. MEN YK / [SEAL] <br />[SEAL] <br />CHRISTINE S. MENDYK [SEAL] <br />STATE OF NEBRASKA, <br />ss: <br />COUNTY OF HALL <br />On this 23RD day of NOVEMBEW.D. 19 87, before me, <br />a NOTARY in and for said County, personally came <br />KELLY J. MENDYK AND CHRISTINE S. MENDYK, HUSBAND AND WIFE <br />personally to me known <br />to be the identical person whose name ARE acknowledged to the above and <br />foregoing instrument as Mortgagor, and acknowledged the said instrument and the <br />execution thereof to be THEY voluntary act and deed, for the purposes therein expressed. <br />THEIR <br />In testimony whereof, I have hereunto set my hand and affixed by seal at <br />on the day and date last above written. <br />iEll K NOTM'f Ste M firasta l �C <br />DENISE KAY LOWRV Notary Public <br />My Comm. UP. Au{ 25. 1991 My COMMISSION EXPIRES: <br />STATE OF NEBRASKA ss <br />Filed for record this day of <br />at o'clock <br />recorded in Book <br />Page of <br />CERTIFICATION: <br />A.D. 19 <br />M., and entered in Numerical Index, and <br />of Mortgages, on <br />Register of Deeds <br />This mortgage form contains no variation from the official HUD Form 92143M (9 -79) other than the prepayment provision <br />which has been amended pursuant to Mortgagee Letter 85 -16 dated July 25, 1985. <br />By: <br />�. <br />Title <br />Per It <br />