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86101743
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Last modified
10/18/2011 9:11:10 AM
Creation date
3/31/2008 2:16:13 PM
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DEEDS
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86101743
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i <br />a&-- 101743 <br />10., That the Mortgagor will kc -,. the buildings upon said premi s in good repair... 'neither commit nor permit waste <br />upon said hand. for suffer the said premises to be used for anv unlawful purpose. <br />11. That if the premises, or any part thereof, he condemned under the power of eminent domain. or acquired for a public <br />use. the damages awarded, the proceeds for the taking of. or the consideration for such acquisition. to the extern of the full <br />amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the <br />Mortgagor to the Mortgagee. and shall be paid forthwith to said Mortgagee to be applied by the latter on account of the next <br />mattering installments of such indebtedness. <br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- <br />surance under the National Housing Act within 60 days from the date hereof (written statement of any officer <br />of the Department of Housing and ilrhan Development or authorized agent of the Secretary of Housing and Urban <br />Development dated subsequent to the 60 days time from the date of this 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 securred hereby immediately due and payable. "* See Bel ow <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 this loan to the time of commencing such foreclosure suit, and a rea- <br />sonable attorney's fee, all of which shall be included in the decree of :foreclosure: and the contract embodied in this mortgage <br />and the tote secured hereby, shall in all respects be governed, construed and - djudged by the laws of Nebraska. where the <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 shalt he applicable to all 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 be and remain in full force and effect. <br />IN WITNESS WHEREOF. the Mortgagor(s) ha ve <br />above written. <br />In presence of: <br />** This Option may not be exercised by the <br />mortgagee when the ineligibilty for <br />insurance under the National Housing Act <br />is due to the mortgagee's failure to <br />remit the mortgage Insurance premium <br />to the Department of Housing and Urban <br />Development. <br />STATE OF NEBRASKA. <br />ss: <br />COUN'rY OF HALL <br />On this 9 th day of Apri 1 <br />a Notary Public <br />hereunto set their hand(s) the day and year first <br />' A. 1). 19 86, before me, <br />in and for said County. personally came <br />L�t 51[SEALI <br />r`d? 4� SEAL ] <br />(SEAL] <br />[SEALI <br />f SF. Al. I <br />CALVIN B. SPLATTSTOESSER and ROBYN L. SPLATTSTOESSER, HUSBAND AND WIFE <br />personally to me known <br />to be the identical person s whose name 5 have been affixed to the above and fore- <br />going instrument as Mortgagor, and they have acknowledged the said instrument and the <br />execution thereof to he their voluntary act and dged, for the purposes therein expressed. <br />In testimony whereof, l have hereunto set my hand and affixed by of f i c i al seal at AND ISLAND <br />on the day and date last above written. <br />rr, .- <br />aLMtMY -sou r wasu 01 Norary Public <br />ER <br />STATE OF NEBRASKA <br />Filed for record this <br />at o'clock <br />recorded in Book <br />page of <br />L <br />UULLO ES 1M. BEAD <br />or on& fdF 1911 <br />ss <br />day of <br />A. D. 19 <br />M., and entered in Numerical Index, and <br />of Mortgages, on <br />Register of Deeds <br />4.0 •O, 42,14Im 09 - -'�) <br />IF <br />I <br />
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