|
r
<br />86-. 102508
<br />:fi. 1hat the ,i,irg .bit, S:rc^ me r s: :,i.:. .;r .,.�. ,... r,,,. :er. : +a .:..a r,- •,stet +.mm� n;.+r f.rrmit ttaste
<br />i+pon said laod. not suffer .he. s:,iti ncrrises s�. i used a °, tie �;rpu�c
<br />1I "f hat d the errmises. ,:r a'i, p;:r; ihercof. he av; ,nder �he p. +.er of .Inincot don:.un r'r acquired for a nuhlii
<br />use- the damage, awarded. the p-=,cceds fair the la"Mg +f OF tine .onsider.xrwn for <uch a- lui,ition. to the ex[em of the full
<br />amount of indehrednes upon this mortgage and the note which a is given [a sz ; :urr rernam ng +Inp:aid..are hereht avigned ht the
<br />!Mortgagor to the 'Mortgagee. and shall he paid forthwith to ;:,id Mortgagee to he ppI;eJ by the lisle, on account of the next
<br />maturing installments of such indehlednecs
<br />1?. The Mi�rrgagor farther ,tc.ree•, that should this mortgage and the note ecured herrh% not be eligible for in-
<br />surance under the National Housing Act within 180 days from the date bereof fwwfen statement of an} officer
<br />of the Department of Housing and Urban fletetopment or anthoriied t,'ent of the Sec retan of Housing and Urban
<br />Development dated subsequent to the 180 days time from the :fate of this mortgage, declining to insure said
<br />note and this mortgage, being deemed conciusixe proof of such, Ineligibility, the Mortgagee or holder of the note
<br />mat , at its option. declare al! suns recurred hereb} imfnedi:atcli duc and pitiable.
<br />13. That if the Mortgagor fail, to make an% payments of monev when the same became due- or fails to,onform to and
<br />comply with any of the condititior,; or agreements cx,nrained in rhis morte:,ge. or the note which it secure,. then the entire princi-
<br />pal sum and accrued interest .hall at once become due :md payahle. it :he ele: ion of !ht- Mortgagee: and this mortgage mat
<br />thereupon be foreclosed immediately for the whole of .aid mane %, iwc! r. monthlt pits meats. coin. ground rents, taxes and
<br />the crust of extending the abstract of title from the date of this loan to Jhe time of commencing such .foreclosure suit, and a rea-
<br />sonable atmrney's fee. all of which shall he included in the decree of fuuct. +sure : :md the eontraer emlvi, died in this mortgagL
<br />and the note sectued herehv_ shat° in all respcits he gaverned- consented and adjudged hr the laws of Nebraska, tncerz the
<br />same is made.
<br />The covenants herein oviuned shall hind, and the benefit, and advantages ,halt insure :o. the respective heirs. executors.
<br />administrators, successors and assigns of the parties hereto. Whene er user:. 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 condition all and singular. being performed according to their n.atira! .!nd legal import, this onveyance
<br />shall he void and said premise 'eie aseu at the expense of the Mortgagor: other i,e To he and remain in full force and etiect.
<br />IN WITNESS WHEREOF, the Mortgagorisi ha Ve hereunto set their hand(s) the day and tear tint
<br />ahove written.
<br />In presence of:
<br />STATE OF NEBRASKA
<br />COUNTY OF Hall
<br />SF \1.'
<br />! Srrm. '
<br />ISEtit
<br />SFAt
<br />On this 15th Jac of MaY . 4.D 19 86. hefx,Ie me. the undersigned
<br />a Notary Public in and for said Uouni� . personally came
<br />David A. Jak can A. Jakob, husband and wife
<br />%
<br />to he the ident;a��gv1 . . per,onalh to me known
<br />e s are attired en the ;thole and klre-
<br />goinginstrusltent=^ rtgago , a they tcknut: iedeed the said Instrument and the
<br />execution t re000 b4WTARY it alt and deed. for the Purpose,
<br />therein expressed.
<br />COMMISSION >
<br />Dom
<br />In testi my reof. I er n[o set my hand an;? tfixed by notarial eid at Grand Island, Nebraska
<br />on the day an
<br />OF
<br />Notarc Public
<br />STATE OF NEBRASKA u
<br />Fiied for record this dray of A.D. la
<br />at o'clock NI .and entered in Numerical Index, and
<br />recorded in Book of Mortgages, nn
<br />Page of
<br />Register of Deeds
<br />• � �. � \u. ... - -. _ he ... , :A; � '•l.
<br />� 51
<br />4h
<br />A
<br />
|