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86 102693 111_ That the Mortgagor will keep the buildings upon said preanisca in gox:d rcpatr..atiu neither commit nor permit wi"Ic upon "aid kind, nor suffer the said prernise:,; to he tiled for an aantav fuf purpose 11. That if the premise;. or any part thereof- heco"dcmosed 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 indelitednes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby a signed by the Mortgagor to the Mortgogec; and shall be, paid forthwith to said Mortgagee to he 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 Iwritten siatement of any officer of the Depariment of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated wlisequent 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 securred hereby immediately due and payable. +* See Below 11 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 sium and accrued interest shall at once become due and payable, at the election of the Mortgagee: and this mortgage may thereupon he foreclosed immediately for the whole of said money. interest, monthly 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 be included in the decree of :foreclosure. and the contract eruhodied in this mortgage and the note secured hereby, shall in all respects be governed. construed and acrjudccd 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 Mortgagor: otheru ise to be and remain in fall force and effect. IN WITHFSSWH ERFOF. the Mortgagoosihave hereunto set their handisf the dayand year first above written. In presence of: ** This Option way not be exercised by the ��_>' % /_�� ' h -i _�� ' Gfs �� l SEAL I mortgagee "hen the ineligibilty for jLAKIKY '� C. K LIK insurance under the National Housing Act is due to the mortgagee's failure to (SEAL i remit the mortgage insurance premium to the Department of Housing and Urban IsFAI.i Development. I SF.:11. i STATE OF NEBRASKA, ss: COUNTY OF HALL On this 23 rdJaY of Kay a Notary Public A.1). 19 gb, before me, in and for said County. personally came I SEAL i LARRY C. KORBELIK and VIRGINIA H. KORBELIK, HUSBAND AND WIFE . personally to me known to be the identical person s 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 %olunt:ar% act and dged, for the purposes therein expressed. in testimony whereof, 1 have hereunto set my hand and affixed by official seal at GRAND ISLAND on the day and date last above written. itillM, WTMY -31N. oil tMwab r Votary Public DOLORES M. BE 2 w ors Lxa 11" t Um STATE OF NEBRASKA Filed for record this day of A.D. 19 at o'clock M., and entered in Numerical Index. and recorded in Book of Mortgages, on Page Of Register of Deeds L _ I