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<br />86 - 102154
<br />1(i "Ih;el it 14 Lie, sill kc p tile he il< � :111't �e� in ki -1 nr;,ir a,-d neither :onirm; nor permit waste
<br />upon . -td land, 1101 suffer ,;id premise, i,m he used n,,w ft„ pt rposr.
<br />1. use. the the 11rerni,e,,
<br />(warded. rherpr oc eds for the taking If. or the Under
<br />nsidertum for` ;tichtaeyuisition, to the ext for Public
<br />amount of indebtednes upon :his mortgage and the note which it is given to secure remaining unpaid. ire hereby assigned by the
<br />Mortgagor to the Mortgagee, and shall he paid forthwith to said nt he applied by [he latter on account of the nest
<br />maturing installments of such indebtedness.
<br />12 . The 'Mortgagor further agree, that should !his 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 Department of Housing and (!than fktelopinent or authorized agent of the secretary of Housing and Urban
<br />Development dated suhseyuent to the 180 days time from the date of this mortgage. declining to insure said
<br />note and this mortgage, tieing deemed Conclusive proof of such ineligibility). the Mortgagee or holder of the note
<br />may. at its option, declare all sums recurred herchy immediately due and priyahle.
<br />13. That if the Mortgagor fails to make any paiyments o! money when the ,amt: 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 imerest shall at once become due and payable :.t the election of the Mortgagee: and this mortgage mac
<br />thereupon he foreclosed immediately for the xhtile of said money. uncrest. month It payments. costs. ground rents. taxes a,n(I
<br />the cost of extending the abstract of title from the date of this br,in !o the time of commencing such foreclosure suit, and a re;i.
<br />sonahle altornry's fee, all of which shall he included in the de:ree of fore, I tame: and the conirtut embodied in this_moncagc
<br />and the note secured herchy. sh;d' ;n all respects he goterned. cons!rucd and adjudged by the laws i 1 Nehrask;r, where the
<br />same is made.
<br />The :osenanis here in conrained shall hind, and the benefits :ird ,dvantages shalt insure to, the respective heirs, executors.
<br />administrators, successors and assigns of fhe parties hereto. tb'henc.er ,iscd. the singul; r number shall include the plural, the
<br />plural the singular, and the use of any gender shall he applrcahle it, all ^enders.
<br />The foregoing renditions. :dl ;and singidar. being performed asording To their natural and legal import, this comevance
<br />shall he void and said p. erruw% released at the c %pence itf the Mortga or. "the - ise to h{ and remain in full force and effect-
<br />IN WITNESS 1y'IIFRF.OF. the %lo-Igacor!st ha ve herc!;nto'et
<br />ahose written, their hand(s) the dxy and year first
<br />In presence of:
<br />i
<br />Gary t. Medinger �� S F A1. 1
<br />ISEAL;
<br />stir CAP T
<br />Sherry KQ.sledinger
<br />� -- —_ i SEAL
<br />I
<br />I SF AI. i
<br />SEA[.
<br />STATF:OF NEBRASKA. f
<br />.s
<br />C(3U N7 -7" OF Hall
<br />()fit this 25th day of April A.1) 19 86 . before me. the undersigned
<br />Notary Public in and for said (- ouritc, per wrialk, came
<br />Gary G. Med- Inge!"'ay*4 Sherry K. Medinger, husband and wife
<br />to he the i personally to me ;noon
<br />ft � Ar?g'N amc s ey .itlixed to the ahose and fore-
<br />going ins t KI I M1lorlgagor' , l ey acknuu lodged the s;id Instrument and the
<br />exCCUtii� Il ;ref tAf6tiAftY their v,,itwi ;:r•. act and d4ed, for the purposes therein expressrd.
<br />COMMISSION 1t
<br />r -PiRES
<br />In to imo� hereo retinto set my hand and affixed by notaria l,eai,,t Grand Island, tiebraska
<br />on the da} fit n.
<br />%E OF NE�'�
<br />Norarr Puhli,
<br />STXIGC %F N1: RRASKA
<br />Filed for record this d;n fit
<br />at it clock t I
<br />recorded in Book
<br />if ; r.d cntr.ed In 4urnenc:d Index. and
<br />Page of : %Iortgages, on
<br />Register of fic•ed,
<br />
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