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86- 102071
<br />10. That the Mortgagor will keep the huildings upon said premises in good repair, anu neither commit nor permit waste
<br />upon said land, nor suffer the said premises to be used for any 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 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 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 be 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 Development or authorized 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 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 />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 rate secured hereby, shall in all respects be governed, construed and ad;udged 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 shall he applicable to all genders.
<br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance
<br />shalt he 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 Mortgagors) have hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of: ,
<br />U-
<br />i SEAL. i
<br />ISEALI
<br />" Li a .i�_ 1 SEAL I
<br />Ye
<br />I SEAL. i
<br />I SEAL- i
<br />STATE OF NEBRASKA,
<br />couNTv OF HALL
<br />On this 28th day of April . A.D. 19 86. before me. the Undersigred,
<br />Notary Public in and for said County, personally came K. Shawn Meyers and
<br />Linda K. Meyers, each in his a-d her own right and as spouse of each ether,
<br />' personally to me known
<br />to be the identical person whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor. and they severally 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. I have hereunto set my hand and affixed by NOtari3 seal at Gram1 Isl , blebraska,
<br />on the day and date last above written. _
<br />rktillit/it tiMte�M�.ntu Not:rrvt'uhfic
<br />.ioum a noun
<br />of oft& eR Dlq 25, 11011
<br />SPATE OF NEBRASKA ss
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Book
<br />Nage of
<br />A.1). 19
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />Register of i)eeds
<br />PQ 01)1 ." 140O:i; 14W 0 tyl
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<br />R
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