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t. rtga nil kc t'ie huilrhr �, •; , nr ur d rrtr:n...,�J neith <r c.,mmit nor permit te;tste <br />upon said land. nor suffer .,li ,aid lire wise, to he used f, .:n . atn a�.It.! purp;,;e. <br />I; "that[ if the premne , •.n :n, part thereof. he : r ):. mIed !utder the posses of eminent domairl, or acquired for a public <br />use, the damages awarded. the pro seeds for the raking M or the consideration fu; such acquisition. to the extent of the full <br />:amount of lndebtednes upon this mortgage and the note which it is given to secure remaining unpaid. are herehy assigned by the <br />Mortgagor to the 'Mortgagee, and shall he paid forthwith to said Mortgagee W he applied by the latter on account of the next <br />maturing; installments of such indebtedness. <br />P. The Mortgagor further agrees that should his <br />suranceunder the National Housing ortgage and the mutt se ured hereby not he eligible for in- <br />from the date hereof (written statement of any officer <br />of the Department of Housing and I ;ban Deyclopmenl or ;authorized agent of the Secretary of Housing and Urban <br />D cvelopment dated subsequent to the tune from the date of this mortgage. declining to insure said <br />note and this mortgage, being deemed conclusive 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 an 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, or the note which it secures, then the entire princi- <br />pal sum ;rnd 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, 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 a rea- <br />sonable attorney's fee, all of which shall he included in the decree of toteclosure: and the contract embodied in this mortgage <br />and the note secured hereby, shall in all respects be 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 to. the respective heirs, executors. <br />administrators, successors and assigns of the parties hereto. tb'henever 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, being 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 WITNFSS WHEREOF. the :110rtgagortsl ha ve hereunto set their <br />above written. h:mdfs) the day and year firs[ <br />In presence of- <br />/ f SEAT- 1 <br />V f SEAL I <br />Yl- <br />�fNArIAGNUSON (SEAT. i <br />I <br />ISFALI <br />I SEA D- I <br />STATE OF NEBRASKA, <br />sr: <br />COUNTY OF Hall Jf <br />On This 5th day of Mav A.O. 1986 . before me.. Beverly J. Brewer <br />a Notary Public in and for said Count} , personally carne John D. Magnuson and <br />Guna Magnuson, Husband and Wife <br />lobe the identical persons whose names are • personally to me known <br />going instrument as Mortgagor,, and have al i xed to the above and fore- <br />execution thereof to he r-nelr acknc•wledged the said instrument and the <br />,olunt;ary act :md died, for the purposes therein expressed. <br />In !estimony whereof, I hate hereunto set my hand and attixed by notarV,eal at Grand Island <br />on the day and date last above written. <br />OENF"L 1101'4mt - S!me .t <br />�Y Comm. ao.L''�, j SEVERL,Y v� V'otar} f §;blic <br />STATE OF NEBRASKA ,s <br />Filed for record this das of <br />at o'clock <br />recorded in Bark <br />Page ut <br />_ l ��•,.lih 1l ... u.. e i i� { ':Via i <br />A.D. 19 <br />fit.. and entered in Numerical index, and <br />of Mortgages, on <br />Register of Deeds <br />i <br />e< <br />> <br />' <br />