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86-- 102846 10. -that the Mortgagor will keep the buildings upon maid premises in good repair, and neither commit ncx perolli waste upon said land, nix suffer the said premises to be used for env unlawful purpose. I I- That if the premises, or any part thereof, he condemned under the power of eminent domain. or acquired for a public rose. the damages awarded. the proceeds for the taking Of, or the consideration for such acquisition, to the extent of the full amount of indebtedoes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the Mortgagor to the Mortgagee. and shall he paid forthwith to said Mo rigayce to he applied by the latter on account of the next maturing installments of such indebtedness. 13. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- surance under the National Housing Act within 60 days from the date hereof (.written statement of any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent 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 recurred hereby immediately due and payable. ** See Bel ow 13. 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 sum and accrued interest shall at once become due and payable, at the election of the Mortgagee: and this mortgage may thereupon be 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 shaft be included in the decree of forecl ^sure; and the contact embodied in this mortgage and the note secured hereby, shall in all respects he governed. construed and adjudged 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 shalt 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 be void and said premises released at the expense of the Mortgagor; otherwise to he and remain in full force and effect. IN WITNESS WHEREOF. the Mortgagor(O ha ve hereunto set their hand(s) the day and year first above written. in presence of ** This Option may not be exercised by the I SEAT, j mortgagee when the ineligibilty for insurance under the National Housing Act (SEA1. ) is due to the mortgagee's failure to =s resit the mortgage insurance premium j SEAL l to the Department of Housing and Urban Development. l SLAT. l ISEAI "TATE OF'NEBRASKA, COUNTY OF HALL On this 30 *Y Of - May A. D. 19 g6before me, a Notary Public in and for said County. personally came IEINERIO E. CORRALES and SUSAN J. CORRALES, HUSBAND AND WIFE .personally to me known to be the identical person swhose name $ been affixed to the abxive and fore- going instrument as Mortgagor, and We they have acknowledged the said instrument and the execution thereof to be their voluntary act and dyed, fix the purposes therein expressed. In testimony whereof. I have hereunto set my hand and affixed by of fi ci aEeal at GRAND ISLAND on the day and date last above written. m y [n P/? tlr- QttarM,ma. > Notary Public iaaDe�AL Boom tw�ttta � w � lflt 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 4P. -...> --il P 433 :,;.71i M