r
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<br />I0. Thai the Mortgagor -ill kccp the building, u: +x ,.,. nrrmi•,es 1.± good rerair.:a.lu neither commit our permit wasir
<br />upon said land. nor suffer the said premise+ to be u,ec? 1,;- ..ny „niawf ul purpose.
<br />I 1. That if the premises.. "r any par! thereof, he :orderioed kinder the power of eminctit domain. or acquired for a public
<br />use, the damages awarded, the proceeds for the taking of. or the consideration for ,uch acquisition, to the extent of the full
<br />amount of indebtednes 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 shalt he paid forthwith to ;aid Mortgagee to he applied by the Lauer on account of the next
<br />maturing installments of such indebtedness-
<br />12. The 'Mortgagor further agrees that should this mortgage and the note secured herehy not he eligible for in-
<br />surance under the National Housing Act within from the date hereof (written statement of anv officer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the time from the date of this mortgage, declining to insure said
<br />note and this mortgage, being deemed conclusive proof of such ineligibilityi. the Mortgagee or holder of the note
<br />may, at its option, declare all <ums securred hereby immediately due and payable.
<br />13. That if the Mortgagor fails to make any 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 mortpage, or the note which it secures, then the entire princi-
<br />pal sum and accrued interest :half at once become duc and payahle.:a 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 fore do,ure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed, con ,trued and adjudged by the laws of Nebraska. v. here the
<br />same is made.
<br />The covenants herein contained shall bind, and the benefits and advantage, shaC insure to, the respective heirs, executors,
<br />administrators. successors and assigns of the parties hereto. Whenever used. the singular number shall include the p!t-ral, the
<br />plural the singular, and the use of ary gender shall be applicable to all genders.
<br />The foregoing conditions. all and singular. being performed according io their natural and legal import, this conveyance
<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 WITNFSS WHEREOF. the Mortgagor(s) ha Ve hereunto,er thier hand(s) the day and vear first
<br />above written.
<br />in presence of:
<br />L)UANh 41. uE
<br />a i ,
<br />i SEAL. 1
<br />DIAIMi J. DgIS
<br />SI AI.i
<br />1 SEAL !
<br />STATE OF NEBRASKA
<br />COUNTY OF Hall
<br />On this 12th day of May A.1). 1986 , before me. Beverly J. Breuer
<br />a Notary Public in and for said County, personally came Duane J. Deis and Dianna J. Deis
<br />Husband and wife
<br />personally to me know r,
<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 ,aid instrument and the
<br />execution thereof to he their olumarr: act and dged, for the purposes therein expressed.
<br />In testimony whereof, I have hereunto set my hand and affixed by notary eal at Crand Island
<br />on the day and date last above written. -
<br />-.
<br />` ` C BEVERLY J. dE — :Norao Mihlic —
<br />STATE OFNEBR.A4;�'— ss
<br />Filed for record this day of
<br />at o'clock
<br />re.orded in Book
<br />Page of
<br />A. D. 19
<br />M.. and entered in Numerical Index, and
<br />of Mortgages, on
<br />. _.r s.. vF.,'NMf.Nl Sir. N! 1/ .iii.,.t ”, 1:! �, r,.. .
<br />Register of Deeds
<br />5 1
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