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r ss--- to ,21.- as I0. "That the Mortgagor will ke.p sa the buildings tipnn id premises in rood repair.:, -_. neither commit nor permit w e upon said land. nor suffer the said premises to lu,' used fur au% unlawful purpose. I I. That if the premises. or any part thereof, be :.mdeinnetf under the power of eminent domain, or acquired for a public use, the damages awarded. the proceeds for the taking of, or the consideration for such acyukition. to the extent of the full amount of indebtednes upon this mortgage and the note which it is given to < ccure remaining unpaid. are herehy assigned by the Mortgagor Io the Mortgagee. and shall be paid forthwith to said Mortgagee to he applied by the latter on account of the next maturing installments of such indebtedness. 11. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- surance 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 Sccretary 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 mortgage. being deemed conclusive proof of such ineligihih(y), the Mortgagee or holder of the note may, at its option, declare all sums recurred hereby immediately due and payable. *r, See Below 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 nose which it %ccure%, 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 he foreclosed immediately for the whole of said money. interest, monthly payments, casts, ground rents. taxes and the cost of extending the abstract of title from the date of this lo:,.n to the time of commencing such foreclosure suit- and a rea- sonable attorney's fee. all of which shall he included in the decree of foreclosure: and the contract embodied in this mortgage and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shall bind, and the benefits and advantages %hall 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 he applicable to all genders. The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor; otherwise to he and remain in full force and effect. IN WITNESS WHEREOF. the Mortgagorist have above written. In presence of: ** This Option rimy not be exercised by the trortgagee 4im the ineligibility for insurance under the National Housing Act_ is due to the wrtgagee's failure to rmd t the mortgage insurance preri un to t}y_� Department of Housing and Urtkun level.oprient. STATE OF NEBRASKA. COUNTY OF HALL On this 29th day of Apr i I a Notary Public hereunto set duir hand(s) the day and year first Mike' i I SEAL I cry oman SEAL 1 .A. U. 19 86, before me, in and for said County, personally came i SEAL I ISEAI. I Mike E. Homan and Sheryl M. Homan, Husband and Wife , personally tomeknown to be the identical persons whose names have been affixed to the above and fore- going instrument as Mortgagor, and they have acknowledged the said instrument and the execution thereof to he their voluntary act and dged. for the purposes therein expressed. In test ntony whereof, I have hereunto set my hand and affixed by off icial_ seal at Grand Island on the day and date last above written. Mrt� 1 Notary f'uhfic i 1 �h�i� K— I STATE OF NEBRASKA ss Filed for record this day of at o'clock recorded in Book Page of A.1). 19 M., and entered in Numerical Index.: and of Mortgages, on Register of Deeds I11i1.: �) ?14:161 Iv 'sl