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C in f 86-. 102346 10_ That the Mortgagor will keep the hr+itdings upon said premises in good repair. r., . neither commit nor Ikrmn upon said land, nor suffer the said premises to he used for atn ❑nlawful purpose. 11. That if the premises. or ant part thereof. he condemned under the power of eminent domain• or acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition. to the extent of the full amount of indehtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the yfortgagor er the Mortgagee, and shall he paid forthwith to said Mortgagee to be applied by the latter on account of the next maturing installments of such indebtedness. 12. The :Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- surance under the National Housing Act within 60 days from the date hereof (written statement of any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the 60 days time from the date of this mortgage. declining to insure said note and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note may, at its option, declare all sums securrcd hereby immediately due and payable. it* See Bel ow 13. That if the Mortgagor fails to make any payments of money when the same become due. or fails to conform to and comply with any of the conditions or agreements contained in this mortgage. or the note which it secures, then the entire princi- pal sum and accrued interest shall it once become due and payable. at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately for the whole of said money. interest, monthh payments, costs. ground rents, taxes and 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- sonable attorney's fee, all of which shall he included in the decree of foreclosure: and the contract embodied in this mortgage and the note secured hereby. shall in all respects he governed. comtrued and aajudged by the laws of Nebraska, where the same is made. The covenants herein contained shall hind, and the benefits and advantages shall insure to, the respective heirs, executors. administrators, successors and assigns of the parties hereto. Whenever used. the singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. The foregoing conditions. all and singular, being performed according to their natural and legal import, this conveyance shall he void and said premises released at the expense of the Mortgago• otherwise to be and remain in full force and effect. IN WITNESS WHEREOF. the Mortgagortslhave above written. in presence of: a* This Option may not be exercised by the mortgagee when the ineligibilty for insurance under the National Housing Act is due to the mortgagee's failure to remit the mortgage insurance premium to the Department of Housing and Urban Development. STATE OF NEBRASKA. ss: COUNTY OF ADAMS On this 8 th day of May a Notary Public hereunto set their hand(sIthe day and year first . A.1). 19 86. before me. in and for said County, personally came i SERI_ �SEA1 I SFAI. I 1 SEAL. I I SEA[- ANTHONY W. BUDLER and DIANA LYNN BUDLER, HUSBAND AND WIFE . personally to me known to he the identical persons whose name s have been affixed to the above and fore- going instrument as Mortgagor, and they have acknowledged the said instrument and the execution thereof to be their voluntary act and dged. for the purposes therein expressed. In testimony whereof, 1 have hereunto set my hand and affixed by official seal at HASTINGS on the day and date last above written Notary Public STATE OF NEBRASKA ss Filed for record this day of A.1). 19 at o'clock M., and entered in Numerical Index, and recorded in Book of Mortgages, on page of Register of Deeds ,.ain y: 14310 0 '91 c R rJd1tt? E