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86- 101970 Ift. That the Mortgagor will kc�j, the building, upon said premise. in good repair, i. .'neither commit nor permit +waste upon +aid [and, nor suffer the said premises to he used for any ienlawfoi purpose. 11. That it the premises. or any part thereof. he eondermed under the power of eminent domain. err acquired for a public use. the damages awarded. the proceeds for the taking of. or the consideration for ;uch acquisition. to the extent of the full amount of indehtednes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the Mortgagor to the Mortgagee, and shall he paid forthwith to said Mortgagee to he applied by the latter on account of the next maturing installments of such indebtedness. 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- surancc under the National Housing Act within 60 days from the date hereof (written statement of any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and urban Development dated subsequent to the 60 days time from the date of this mortgage, declining to insure said note and this mok1gage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note may, at its option, declare all sums securred hereby immediately due and payable. ** See Bel ow 13. That if the Mortgagor fails to make any payments of money when the same become due. or fails to conform to and comply with any of the conditions or agreements contained in this mortgage. or the note which it secures, then the entire princi- pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately for the whole of said money, interest. monthly payments. costs, ground rents, taxes and 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- wnabte attorney's fee, all of which shall he included in the decree of 'foreaosure: and the contract emhodied in this mortgage and the note secured hereby, shall in all respects he governed. construed and adi,tdged by the laws of Nebraska, where the same is made. The covenants herein contained shall hind, and the benefits and advantages shall insure to, the respective heirs, executors. administrators. successors and assigns Of the parties hereto. Whenever used, the singular number shall include the plural. the plural the singular, and the use of any gender shall be applicable to all genders. The foregoing conditions. all and singular, being performed according to their natural and legal import, this conveyance shall he void and said premises released at the expense of the Mortgagor; otherwise to be and remain in full force and effect. IN WITNESS WHEREOF. the %fortgagor(s) ha ve hereunto set thei r band(s) the day and ycar first above written. In presence of: ** This Option may not be exercised by the �C -T mortgagee when the ineligibility for I SEAL I insurance under the National Housing Act is due to the mortgagee's failure to - t n F — I SEAL I t,AKLA A. remit the mortgage insurance premium to the Department of Housing and Urban ISE•AL I Development. I SEAL I (SEAL; STATE OF NEBRASKA, k Ns: COGNTY(:)F Hatt On this 22 n4aY Of April A -1). 19 86 before roe, a Notary Public in and for said County, personally came RICHARD B. WOLFE and CARLA A. WOLFE, Husband and Wife personally to me known to be the identical person .whose name s have been affixed to the alcove and fore- going instrument as Mortgagor, and they have acknowledged the said instrument and the execution thereof to he their voluntary ;tat and dged. for the purposes therein expressed. In testimony whereof. I have hereunto set my hand and affixed :ry offici alseal at Grand Island on the day and date Iasi above written. tlffffrAl M► —Naw r tot a :b Nola Arhlic lk�311f STATE OF NEBRASKA ss Filed for record this day Of A.U. 19 at o "clock M.. and entered in Numerical Index, and recorded in Book of Mortgage+, on Page of Register of D"ds .—i