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<br />86-102144
<br />1(1. Thai the Vortgagm .rill keep the buildings up,at ,Lief prrratws in good rep;nr, ,,,,d neither commit nor permit waste
<br />upon said land. nor suffer the ;,id premises to be used iv; an unlawful purpose.
<br />1 t. 'rhat if the premises, or any part thereof, Ix 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, ut 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 be paid forthwith to said Mortgagee to he applied by the latter on account of the next
<br />maturing instaltments of such indebtedness.
<br />1'. The ;Mortgagor further agree., that should this mortgage and the note secured herehy not be eligible for in-
<br />surance under the National Housing .Act within from the dare hereof (written statement of any officer
<br />of the Department of Housing and Urban Iecelopment 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 ineligibilityl. the Mortgagee or holder of the note
<br />may, at its option, declare all sums securred 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.
<br />crued interest shall or the note which it secures. then the entire princi-
<br />pal sum and ac 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, 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 it rea-
<br />sonable attorney's fee, all of which shall be included in the decree of for,-closure: and the contract em hod ied in this mortgage
<br />and the mote secured herehv. 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 shall hind. and the benefits and advantages shall insure tn, 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, tieing performed according to their natural and legal import, this conveyance
<br />shall he void and said premises released at the expense of the Mortgagor, otherwise to he and remain in full force and effect.
<br />IN WITNESS WHERF()F. the Mortgagor(s) ha ve hereunto set their hand(s) the day and year first
<br />above written. —
<br />In presence of:
<br />THOMAS M.' PC3vAM I SF.;yI.
<br />�t I SI:.A1.
<br />�,I CbCv�ltC�i "lI "\
<br />o NDY K. HA' - [ SEA1. 1
<br />ISEALI
<br />1SUALI
<br />STATE OF NI- BRASKA.
<br />ss:
<br />COUNTY OF Hall
<br />On this 29th day of April ..A. D. 19 86 , heforc me, Beverly J. Brewer
<br />notary public in and for said Couniv, personally Came
<br />and Candy . Ha Thomas M. Hadtttattrt
<br />Y gm�rul, Husband and Wife
<br />to he the identical person g whose name s are . personally to me known
<br />going instrument as Mortgagor. and affixed to the above and fore -
<br />execution thereof to he their have acknowledged the said instrument and the
<br />oluntary act and dged, for the purposes therein expressed.
<br />In testimony whereof. D have hereunto set my hand and affixed by notary sea! at Grand Island
<br />on the day and date last above written.
<br />VC • llt lE� M N1ratfrr � LY J. BREWER C rm. Ex0.___!_C j w� BEVERLY J . �,' . Notary' Public
<br />STATE OF NE14RASKA ss
<br />Filed for record this day of
<br />at o'clock A. 1). 19
<br />recorded in Book 11., and entered in Numerical Index, and
<br />Page of of Mortgages, on
<br />Register of Deeds
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