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L <br />tut. That the Mortgagor will keep the buildings upim , i.! nremi.e, ni good repau.:,,.d neither 86---v i minrif t�rttfi['wX�[e <br />tipon said land, nor ,offer the said premises to he used ferany imiaa tut purpose. <br />It- That if the premises. of any part thereof', lie corideraned under the power of eminenr domain, or acquired for a public <br />use, the damages awarded, the proceeds for the taking of. or the consideration for :,itch acquisition. to the extent of the full <br />amount of indebtednes upon this mortgage and the note which it is given to secure retraining unpaid. are hereby assigned by the <br />Mortgagor to the Mortgagee, and shall he paid forthwith to said Mortgagee to he applied by the latter or account of the next <br />maturing installments of such indebtedness. <br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby nor he eligible for in- <br />surance under the National Housing Act within from the date hereof (written statement of any officer <br />of the Department of Housing and Urban fvelopment or authorized agent of the Secretary of Housing and Urban <br />Development dated subsequent to the time from the state 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. <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 uayahle, at the election of the Mortgagee: and this mortgage may <br />thereupon he 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 />sortable attorney's fee. all of which shall he included in the decree of foreclosure, and the contract embodied in this mortgage <br />and the note secured hereby. shall in all respects lw governed, construed and adjudged 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. successor, 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 all genders. <br />The foregoing conditions, all and singular. being performed according to their natural and legal import, this conveyance <br />shall he void and said premises released at the expense of the Mortgagor; othervise to he and remain in full force and effect. <br />IN WITNESS WHEREOF. the Xforigagor(s) ha ve hereunto set their hand(s) the day and year first <br />above written. <br />in presence of: <br />�y "'-c <br />ti I SF:11_ i <br />L i S H <br />SEAL I <br />rAitiy K. 1 <br />VT VEN E. EI ; SFA1. <br />! SEA 1. 1 <br />i SEMI_ <br />STATE Of NEBRASKA. <br />COUNTY OF Hall <br />on this 18th day of April A_D. 19 86. before me, Beverly J. Brewer <br />a Notary Public in and for said County. personally :•ame Samuel G. Schleicher and <br />Patsy R. Schleicher, Husband and Wife and Steven F. Schleicher and Lorrie C. <br />Schleicher, Husband and Wife <br />.personally to me known <br />to be the identicai person S whose name s are affixed to the above and fore- <br />going instrument as Mortgagor, and have acknowledged the said instrument and the <br />execution thereof to be their voluntary act and died. for the purposes therein expressed. <br />In testimony whereof. 1 have hereunto set my hand and affixed M notary seal al Grand Island <br />on the day and date last a <br />t ! f <br />CENENkt NOTARY 5i>'te C, <br />BE:VU? Y I. 9RC VER <br />My vo:nm Up, +� f y BEVERLY J. B j4ER tioiary Public <br />,� <br />13TATE OF Nf BRASKA ,s <br />Filed for record this day_ of <br />at o'clock <br />recorded in Hook <br />Page of <br />A. D. 19 <br />%I . ;tnd 'entered in Numerical Index. and <br />of Mortgages, on <br />Register of Deeds <br />+ . —T Al = - <br />R <br />