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<br />I0. That the Mortgagor -,W kc,p the buifdin.rs neither Lorrinin nor permit waste
<br />ti,00n Said land. nor suffer the said premises to te, ii,e,l 1, . jt% :jnl� tttl pl,;r'
<br />11. Thar if the premises, or any part thereof, % sees irrtnrd under The Vr; ol 7rlincw donisan, or ;squired for a public
<br />use, the damages awarded. the proceeds for the taking of. or the vonsider.,!iov f,,i -wish acquisition. to tile extent of the full
<br />amount of indelliednes upon this mortgage and the note which it is giver, to stsulv ieni-iining unpaid. are hereby assigned by the
<br />Mortgagor to the Mortgagee, and shall he paid forthwith it) said Mortgagee to tV Ar`rfiCkl h% the latter on account of the next
<br />maturing installments of such indchledness.
<br />12 The Mortgagor further agrees that should this mortgage and the note secured hereh% not he eligible for in-
<br />surance under the National Housing Act within fFt'Fll the date hereof iwntien statement of any officer
<br />of the Department of Housing and Urban Dt%elopoient or authorized agent of the Secretarx, of Housing and Urban
<br />Development dated subsequent to the time from the dale of this mortgage, declining to insure said
<br />note and this mortgage. being deemed Lonclusi%e 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 mone% when the same hecome 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, mierest, monthl% payments, costs. ground Tents, taxes and
<br />the cost of extending the abstract of title from the date of this lo-in 14, the time of commencing such foreclosure suit, and a 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. shad! in all respects he lgoNerned, construed and adjudged by the taws 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. Wheneklel u.wd, the singular number shall include the plural. the
<br />plural the singular. and the use of any gender shall he applicahle to all Venders.
<br />The foregoing conditions. all and singular, being performed according to their natural and legal import, this %
<br />shall be void and said premise, released at the expense of the Mortgagor: otherwise to he and remain- in full force and effect.
<br />IN WITNESS WHERFAW, the Mortgagor(s) ha ve
<br />above written.
<br />In presence of:
<br />hereunto set their handis) the day and year first
<br />I SEAL I
<br />j SEAL 1
<br />I SEAL I
<br />SF.Al-
<br />SEAL
<br />STATE OF NEBRASKA,
<br />COUNTYOF Hall
<br />On this 30th day of April A. D. 19 6 before e no e cleverly J rewer
<br />a Notary Public in and for said Count% personally came i�'il .1. iam J . Degen Jr
<br />and Katherine A. Degen, Husband and Wife
<br />personal]-, 14) rrie known
<br />to he the identical person S whose name S are affixed to the above and fore-
<br />going instrument as Mortgagor, and have acknowledged the said instrument and the
<br />execution thereof to be their colunian act and deed, for the purposes therein expressed.
<br />In testimony whereof. I have hereunto set my hand and affixed bx notary sea, :it Grand Island
<br />on the day and date last Abo% e written
<br />M i ". Cqk , R oy � -a,e �,.i Hz.,nska
<br />'
<br />S / .� . I '� L'f
<br />F�IERIY j. BREWE
<br />clrvF Pilblic
<br />�,RFIVFR
<br />STATi, OF N+ BRASKA
<br />Filed for record this Jay of A.D. 19
<br />at
<br />o cock W, and entered in Numerical Index, and
<br />recorded in Book of Mortgages, on
<br />Page of
<br />Register of Deeds
<br />.- - . t' � I '��
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