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<br />10. That the Mortgagor will keep he huiiding, upon ,:nd "r, rzi"C' in good repnrr. ,r—r neithe; coninlit nor permit xva,te
<br />upon said land, nor surfer the ,aid premise, to he used for ;:n% u: i:rs £ul purpo,c.
<br />11. Thai if the premise,, or arty part thereof. he condemned under the power of eminent domain, or acquired for a public
<br />use. the damages awarded, the proceed, for the Caking of. or the consider:.ttion for .inch :acquisition, to the extent of the full
<br />amount of indehtednes upon this mortgage and the note which it is given to ,"tire remaining unpaid. are hereby assigned M the
<br />Mortgagor to the Mortgagee, and ,hall he paid forthwith to said Mortgagee to he :applied ht the hatter on aciount of the next
<br />maturing installments of such indelitedness.
<br />12. The ;Mortgagor further agree, that should this mortgage and the note secured herehy not he eligible for in-
<br />surance under the National Housing .Act within 60 days from the date hereof (written statement of amx officer
<br />of the Fepartment of Housing and Urban Development or authorized agent of the Secretary of Housing and tlrhan
<br />Development dated subsequent to the 60 days time from the date of this mortgage, declining to insure ,aid
<br />note and this mortgage, being deemed conclusive prooi of such ineligihihtyl, the Mortgagee or holder of the note
<br />may, at its option, declare all sums recurred hereby immediately due and payable. ** See Below
<br />13. That if the Mortgagor fails to make any payments of money when the same become due, or Lail, 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 immediate) for the whole of said money, in(erc,t. monthly payments. costs, ground rents, tare, 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 />sonahle attorney's fee. all of which shall he included in the decree of foreclosure: and the contract emhodied in this mortgage
<br />and the note secured hereby. ,hall in all respects he governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The cotenants herein contained shall hind. 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 ,hall he applicable ua all genders.
<br />The foregoing condition,, all and singular. being performed according to their nauaral and legal import, this comeeance
<br />shall be void and said premises released at the expense of the Mortgagor. other" i,e to he and remain in full force and effect.
<br />IN 1A'ITNF.SS WHEREOF the Mkutgagor(sl ha ve hereunto set thei r hand(.) the day and tear first
<br />above written.
<br />In presence of:
<br />** This Option may not be exercised by
<br />mortgagee when the ineligibilty for
<br />insurance under the National Housing Act
<br />is due to the mortgagee's failure to
<br />remit the mortgage insurance premium
<br />to the Department of Housing and Urban
<br />Development.
<br />STATE OF NEBRASKA.
<br />C'OUN'TY OF HALL
<br />i
<br />the I SERI. 1
<br />,,BRADLEY 7 - FEGLEY
<br />FE�CEi�_ 15 1,
<br />f::� i
<br />On this 5 th day of May . A.D. 19 86, before me.
<br />it Notary Public in and for said County, personally came
<br />BRADLEY L. FEGLEY and JODI L. FEGLEY, HUSBAND AND WIFE
<br />I SEAL I
<br />ISlw::1L1
<br />1 SEAL I
<br />personally to me known
<br />to the identical person s whose names have been affixed to the above and fore-
<br />goinin g instrument as Mortgagor. and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and d�ed, for the purposes therein expressed.
<br />In testirnony whereof. I have hereunto set any hand and affixed by official seal at GRAND ISLAND
<br />on the day and date last above written.
<br />STATE OF NEBRASKA
<br />Filed for record this
<br />at o'clock
<br />recorded in Book
<br />Page of
<br />� MIA�i�l1tM� a>I IhYrwlu
<br />DOlAl1E K BENDER
<br />Of WK EW IUit 4. ISM
<br />,s
<br />day of
<br />'v'oran Public
<br />x1.1). 19
<br />M . and entered in Numerical Index, and
<br />of Mortgages, un
<br />Regi,ler of Deed,
<br />lit
<br />trJ
<br />
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