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86100759
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10/18/2011 6:59:52 AM
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3/31/2008 2:03:46 PM
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DEEDS
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86100759
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86'' "id premises i rtd repair... `cirither c.wnmit nor permit waste <br />Ill. That the Mortgagor will k�.,. the buildings upon <br />upon said land, tiro suffer the %aid premises to be used for any salacvful purpose. <br />11. That if the premises, or any part thereof, be condemned under the power of eminent domain. or acquired for a public <br />eds for the taking use, the damages awarded. the proceking of, Or the c msideration for ouch acquisition. to the extent of the full <br />amount of indebtednes upon this mortgage and the tote <br />which it is given g secure remaining lied by there ter hereby account of he next <br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagor to ee app Y <br />maturing instrdlments of such itulebtedness. <br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- <br />surance under the National Housing Act within Sixty days from the date hereof twritten statement of any officer <br />of the Department of Housing and Urban Development OF authorized agent of the Secretary of Housing and Urban <br />Development dated subsequent to the sixty days time from the date of his mortgage. declining to insure said <br />note and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note <br />may at its optiOn. declare all sums recurred hereby immediately due and payable. ** See Below <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 princi <br />pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage may <br />thereupon be foreclosed immediately for the whole of said money: interest monthly payments. costs, ground rents, taxes and <br />the cost of extending the abstract of title from the date of his loan to the time of commencing such foreclosure suit. and a rea- <br />sonabk <br />the note secured hereby, shall tin all respects is be governed. construed and iadjudged byothe laws f Nebraska, where Thee <br />same is made. <br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, the respective heirs, executors. <br />administrators. successors and assigns of the parties hereto. Whenever used. the singular number shall include the plural, the <br />plural the singular, and the use of any gender shall be applicable to, <br />genders. <br />The foregoing conditions, all and singular. being performed according to their natural and legal import, this conveyance <br />shall be void and said premises released at the expense of the Mortgagor, otherwise to he and remain in full force and offer. <br />IN WITNESS WHEREOF. the Mortgagor(s) ha ve <br />above written. <br />In presence f: <br />* *This option may not be exercised by <br />mortgagee when the ineligibility for <br />insurance under the National Housing <br />is due to the mortgagee's failure to <br />remit the mortgage insurance premium <br />to the Department of Housing and Urba. <br />Development. <br />hereunto set their hand(s) the day and year first <br />STATE OF NEBRASKA, <br />SS: <br />COUNTY OF HALL <br />On this 14th day of February . A.D. 1986 . before me. <br />a Notary Public in and for said County, personally came <br />Robert L. Heimbuch and Deborah J. Heimbuch, Husband and Wife <br />[SEAL] <br />, personally to me known <br />affixed to the above and fore - <br />to be the identical person s names are acknowledged the said instrument and the <br />going instrument as Mortgagor, or. and they have voluntary act and dged, for the purposes therein expressed. <br />execution thereof to he their <br />In testimony whereof, t have hereunto set my hand and affixed by notarial seal at Grand Island <br />on the day and date last above written. <br />STATE OF NEBRASKA <br />Filed for record this <br />at o'clock <br />retarded in Bork <br />pW of <br />0 <br />� <br />�MfM9 -*ttW A1{rM� M <br />fiW.o�s wh. ggRGER <br />w tlttt+a Eq. Mm 4 19N <br />ss <br />day of <br />Notary Public <br />A.D. 19 <br />M., and entered in Numerical Index, and <br />of Mortgages, on <br />Register of Deeds <br />cPo 901-067 14r1()92143M 19 -7W <br />tea,, <br />J <br />
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