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<br />86-a• 102691
<br />10. That the Mortgagor win keep the buildings upon said premises in good repay, and neither commit nor permit waste
<br />upon said bad, nor guAer the said premises to be used for any unlawful purpose.
<br />11. Tbal if the premises. or any part thereof, be condemned under the power of eminent domain, or acquired for a public
<br />rue. ebe damages awarded, the proceeds for the taking of. or the consideration for such acquisition, to the extent of the full
<br />amewin of indebeednes upon this mortgage and the now which it is given to secure remaining unpaid, are hereby assigned by the
<br />MortpW to the Mortgagee. and shad be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />maturing instalk"Ns of such indebtedness.
<br />12. The Mortgagor further agrees that sb6uld Ibis mortgage and the note mired hereby not be eligible for in-
<br />12. 7U the Natiotal Housing Act within 30 flays from the date hereof (written statement of any officer
<br />of the Department of Housing and Urfa Deyelopmem or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the ora ed time from the date of this mortgage, declining to insure said
<br />note and this mortgage, brag deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note
<br />nay. at its option. declare an sums'securred hereby immediately due and payable. *SEE NOTE BELOW
<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 may of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi-
<br />pal 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 wbok of said money, interest, monthly payments, costs, around rents, taxes and
<br />the cost of extending the abstract of title from the date of this Man to the time of commencing such foreclosure suit, and a rea-
<br />sonable attorney's fee, all of which shall be included in the decree of foreclosure; 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 or Nebraska, where the
<br />same is made.
<br />The covenants herein contained shall bind, and the benefits and advantages shall insure to, 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 conditions, all and singular, being performed according to their natural and legal import, this conveyance
<br />shall be void and said premises released at the expense of the Mortgage; otherwise to be and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Morigapr(s) ha ve hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />f.►0 041-134
<br />STATE OF NEBRASKA,
<br />SS:
<br />COUNTY OF Hall
<br />On Ihds 23rd day of May . A.D 19 86, before me,
<br />a Notary Public in and for said County, personally came
<br />Douglas W. Sass and Teri L. Sass, husband and wife, , personally tomeknown
<br />to be the identical persons whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor. and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />In testimony whereof. I have hereunto set my hand and affixed b y Official seal at Grand Island, Nebraska
<br />r
<br />on the day and date la -
<br />J� l�f >i1Mt N ltksw :
<br />O01BB! S. BALES .. ,.. _ :. /6
<br />�L JCL it 19B Notary Public
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A.P. 19
<br />at o'clock M., and entered in Numerical Index, and
<br />recorded in Book of Mortgages. on
<br />Page of
<br />Register of Deeds
<br />:rfi yam+ e12 . NOTE; This option may not be exercised by the mortgagee when the
<br />ineligibility for insurance under the National Housing Act is due to the mortgagee's
<br />failure to remit the mortgage insurance premium to the Department of Housing and Urban
<br />Development.
<br />.u,'09214:x+ w rill
<br />sot- n
<br />I SEAL. I
<br />DouP.las W. Sass
<br />jSEALJ
<br />Ter! L. Sass
<br />(SEAL)
<br />SEAL I
<br />(SEALI
<br />f.►0 041-134
<br />STATE OF NEBRASKA,
<br />SS:
<br />COUNTY OF Hall
<br />On Ihds 23rd day of May . A.D 19 86, before me,
<br />a Notary Public in and for said County, personally came
<br />Douglas W. Sass and Teri L. Sass, husband and wife, , personally tomeknown
<br />to be the identical persons whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor. and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />In testimony whereof. I have hereunto set my hand and affixed b y Official seal at Grand Island, Nebraska
<br />r
<br />on the day and date la -
<br />J� l�f >i1Mt N ltksw :
<br />O01BB! S. BALES .. ,.. _ :. /6
<br />�L JCL it 19B Notary Public
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A.P. 19
<br />at o'clock M., and entered in Numerical Index, and
<br />recorded in Book of Mortgages. on
<br />Page of
<br />Register of Deeds
<br />:rfi yam+ e12 . NOTE; This option may not be exercised by the mortgagee when the
<br />ineligibility for insurance under the National Housing Act is due to the mortgagee's
<br />failure to remit the mortgage insurance premium to the Department of Housing and Urban
<br />Development.
<br />.u,'09214:x+ w rill
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