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sm <br />102534 <br />10, That the Mortgagor will keep the buildings upon =aid premises in goad repair. and neither comwit nor permit waste <br />upon said land. nor suffer the said premescs to be tmed for am unlawful purpose. <br />1 1. That if the premises, . v- any part thereof, he conde+ttned un !c the M,wer of eminent domain, or acquired for a public <br />se . <br />tt: the damages awarded. the proceeds for the taking of, or the consideration for such acquisition, to the extent of the full <br />amount of indchtednes upon this mortgage and the mite which it ii given to secure remaining unpaid, are hereby assigned by the <br />!Mortgagor to the Mortgagee. and shall be paid forthwith to said Mortgagee to he applied by the tatter 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 hereby not be eligible for.in- <br />surance under the Nation? Housing Act within 60 days from the date hereof (written statement of any omcer <br />of the fkpartment of Housing and Urban Dcvelopmenr or authorized agent of the Secretary of Housing end Urban' <br />fkvelopmeni dated subsequent to the 60 days time from the date of this mortgage. Declining to insure said <br />nore and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the elute <br />may, at ils option. declare all sums recurred hereby immediately due and payable. * *See Below <br />I ?. 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 mortgage. or the note which it secures, then ihrentire prind- <br />pat sum and accrued interest shall at once become due and payable. at the election of the Mortgagee: and this mortgage may <br />thereupon be foreclosed immediately for the whole of said money. interest. monthly payments, costs, ground rents, taxes and <br />the cast 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 foreclosure: and the contract embodied in this mortgage <br />and The note secured herehy, shall in all respects he governed. construed any adjudged by the laws of Nebraska, where the <br />same is made. <br />The covenants herein contained shall hind, and the benefits and advantages shalt insure In. 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 shall be applicable to all genders. <br />The foregoing condition,, all and singular. being performed according to their natural and legal import, this conveyance <br />shall he void and said premise, released at the expense of the Mortgagor; otherwise to he and remain in full force and effect. <br />IN WITNESS WFILRFOF the tilorigagorist have hereunto set their handfsl the day and year first <br />above written <br />in preserve of <br />"this option may not he exerei_so-A by d* <br />Mortgagee when the ineligibility for <br />inLsuu-ance tender the ;,kitiaail liousiru; :tct <br />is due to t!r tmrt.gagee's tailere to <br />rent the mortgage inox-,mw prf:r.0 rn <br />to rfe Deliartme�nt of lkwsnrtg ,,u-d Lrban <br />]k:velop xnt , <br />STATF- OF NFRRASKA. <br />couvri OF HALL 4 „ <br />f S F A I .; <br />. et:fy D, 'r'et.ennat }n_ <br />..; u. f,. ! c. Jlc fi I SFAL. I <br />Debra K. Petermann <br />On this 16tr? dac,d �! ;i _ti' . A 1) 19 ^6 . tvfore Mr. <br />a Notary Pub l t ( to and for sail ( odnt%. pernonalk came <br />I SF.AI ! <br />i SFAI l <br />ISFALI <br />Jerry D. Pet•�nnann ,anti Debra K F'e>te,;mann, i!ushaaa ,trid taife .penonallytonte know n <br />to he the identical person whose names have been affixed to the above and fore- <br />going instrument as 'Mortgagor, and t he_v have acknowledged thc• sails instnrment and the <br />execution thereof to he t he i r s d intar� act and doled, for the purposes thet6n expressed <br />In tosimony whereof, i have hereunto set my hand and atfixed h% o t f ii i a e ,eel al (,rand Island <br />on the day and date last ahnve written. <br />ynorAK Nolan Puhlic <br />STATE OF NEHRASKA ss <br />Filed for record this av of <br />at o'clock <br />recorded in Hook <br />page of <br />A.U. 19 <br />Si . a..d entered to Numerical Index, and <br />of %lortgages. on <br />1-0 ... .tut <br />Register of Deed, <br />K <br />