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86101996
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86101996
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Last modified
10/18/2011 9:41:50 AM
Creation date
3/31/2008 2:19:51 PM
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DEEDS
Inst Number
86101996
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r <br />86--. 101 PRO <br />1(t. Th.a she dortgagor +ill kc,:p the butiding, up:v; -:yid nrenu,c, m gaud repan. a".d neither coin mil nor per rt e <br />uaxrn Said land. nor suffer the said premise, io be used ft r ,:e; unlawful-,urp. se. <br />1 f. That if the premises. or anc part thereof. be- condrnmed tinder the power of eminent domain. or acquired for a public <br />use. the damages awarded, the proceeds for the raking of, nt the consideration for such acquisition, to the extent 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 shalt he paid forthwith to said Mortgagee to he applied by the latter on account of the next <br />maturing installments of such indebtedurss. <br />V. 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 from the date hereof (written statement of any officer <br />of the Department of Housing and Urban levelopnteni or authorised agent of the Secretary of Housing and Urban <br />Development dated subsequent to the 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 recurred 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 payable, at the election of the Mortgagee; and this mortgage may <br />thereupon he foreclosed immediately for the whole of said money, intereu, 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 ref Commencing such foreclosure suit. and it rea- <br />sonable 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 be 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 n), the respective heirs. executors, <br />administrators, successors and assigns of the parties hereto. Whenever used. the sin,vuiar number shall include the phtral, 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 natur:a! and legal import. this conveyance <br />shall he void and said premises released at the expense of the Mortgagor: othern%ise Eo he and remain in full force and effect. <br />iN WiTNFiSS WHF.RFOF, the Mortgagorisa ha ve hereunto set their hand(s) the day and year first <br />above written. <br />in presence (It <br />i SFAL ? <br />KE THO 50N <br />SEAL I <br />KATHRYN L.' 1-HUMrbUN <br />ISEALI <br />I SEAL I <br />I SEAL j <br />STATE- OF NEBRASKA. <br />COUNTY OF Hall <br />On this 21st day of April. I A.U. 11) 86. beforerne. Beverly J. Brewer <br />a Notary Public in and for said l oun1%, personally came Kenneth C. Thompson and <br />Kathryn L. Thompson, Husband and Wife <br />, personally to one known <br />lobe the identical person whose name s are affixed to the above and fore- <br />going instrument as Mortgagor. and have acknowlcdgca the said instrument and the <br />execution thereof It, be their koiunu+r, act and dged, for the purposes therein expressed. <br />in testimony whereof, I have hereunto ;et my by Notary sea] at Grand Island <br />on the day and date last above written. `l <br />AL <br />�It IMgR -kttb d M�inttr J <br />9IVERLY.l. 0 ER <br />wltitt� _Fk BEVERLY J, i BRIMER 'Votary Public <br />ST.ATF fife NEHRAS ' A ss <br />Filed for record this day of <br />at o'clock <br />recorded in Book <br />Page of <br />A.1) iy <br />M.. i of entered in Numerical Index, and <br />of Mortgages, on <br />Register of Deeds <br />
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