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86- 102068
<br />Iii. Thst the .4lortg ;,,cot oil' i:erp the huihdiat> sipu' -.. memti es in good repair, coed neither commit nor permit waste
<br />upon said land. nor Cutler the ,aid premises to he used fci :Iw, unlawful purpose.
<br />1
<br />I. Thar if the premise*, ur X1, part thereof. tic sondernned under the pokier of eminent domain. or acquired for it public
<br />use. the damages awarded. the prcceeds for the taking of, or the consideration for such acquisition, w the extent of the full
<br />amount of indehicdnec 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 he paid forthwith to said Mortgagee to he applied by the latter on 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 not he eligible for in-
<br />surance under the National Housing Act within 180 days from the date hereof (written statement of any officer
<br />of the Departtiienl of Housing and Urban i evelopmenl or aulhori.ed agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the 180 days tittle from the date of this mortgage, declining to insure said
<br />note and this mortgage, being deemed conclusive proof of such ineligibility), the Morigagee or holder of the note
<br />ma). at its option, declare all sums securred hereby immediately due ;md fl-m ahle.
<br />13. Thar if the ?Mortgagor faits to make anv payments of money cshon the same become due. or fails to conform to and
<br />comply with any of the conditions or agreements contained in this mortgar c: , 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. mtcrest, m onthty payments, costs, ground rents, taxes and
<br />the cost of extending the ahsrract of title from the date of this loan to the time -..f 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 herebc. shall in all respects he governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants herein contained shatf bind, and the benefits and advantages strall 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 he applicable to all gender,.
<br />The foregoing condition,. ;ill and singular. being performed according to their nalul;of and legal import, this conveyance
<br />shall he void and said premises retea,ed at the expense of the Mortgagor; othen%ise to he and remain in full force and effect.
<br />1% WITNESS WilFRFOF. the Morlgtagort,I ha Ve hereunto set their hand(s) the dav_ and tear first
<br />above written.
<br />In presence of:
<br />SFAL I
<br />Larry D,. F" ken
<br />I SEAL I
<br />I SFAL 1
<br />lly K. Ficken
<br />1 SEAL 1
<br />S1 Al. I
<br />.STA'T'F Of NL-BR.ASKA,
<br />COUN'T'Y OF Hall.
<br />On this 28th day Of April. A.D I) 8NIOore me, the undersigned
<br />a Notary Public ira ::noi for said Count%, personaliy o :,tme
<br />Larry D. Ficken and K. Ficken, husband and wife
<br />:. ..1 personally to me knewlt
<br />to be the identical peso M yf� are affixed t6 the ab
<br />as ove and fore-
<br />going instrument 'f( •., Oy they acknow ledged the said instrument and the
<br />execution thereof to th }r�RY colunl, :o: act and deed, for the purposes therein expressed.
<br />{ CQiAMISSI
<br />In testimony w eo [havehereu t 'It handanJafTtxcdht notarial seal at Grand Island. Nebraska
<br />on the day and date las he^x, �!
<br />Notary Public
<br />i "
<br />STATE OF NEBRASKA ss
<br />Filed for record this da: of 4. L). 14
<br />at o'clock M, ;end entered in Numerical index. and
<br />recorded in Berk of Mortgages. on
<br />Page of
<br />Register of feed,
<br />;,�A
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