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10. That the Mi
<br />upon said land, nos
<br />I f : Thu if the 't
<br />u.
<br />ai
<br />i
<br />86- 109993
<br />gagor will ka.,.'the buildings upon ,aid premises in good re air. , ;, neither commit nor
<br />p" " permit waste
<br />er the said premises to be used for any unlawful purpose.
<br />miser, or any part thereof. be condemned under the power of eminent domain, or acquired for a public
<br />ded, the any for the taking of, or the consideration for such acquisition, to the extent of the full
<br />upon this mortgage and the note which 'it`is given to secure remaining unpaid, are hereby assigned by The
<br />gagee and %hall be paid forthwith to said Mortgagee to he applied by the latter on account of the next
<br />' 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in-
<br />surance under the Naiional'Housing Act within Sixty days from the date hereof (written statement of any officer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the sixty days , time from the date of this mortgage, declining to insure said
<br />Vote and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note
<br />may, at its option, declare all sums recurred hereby immediately due and payable. 'a'x' See 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 any 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 whole of said money, interest, monthly payments, costs, ground rents, taxes and
<br />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-
<br />sonable attorney's fee, all of which shall be included in the decree of foreclosur:; 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 of 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, suc.essors 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 Mortgagor; otherwise to he and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagorls) ha s hereunto set her hand(s) the day and year first
<br />above written.
<br />in presence of:
<br />"This option may not be exercised
<br />by the mortgagee when the ineligibilit I SEAL I
<br />for insurance under the National nna Fay Peter
<br />Housing Act is due to the mortgagee's ISEAL]
<br />failure to remit the mortgage insurance ISEAL]
<br />premium to the Department of Housing
<br />and Urban Development. ( SEAL I
<br />I SEAL I
<br />STATE OF NEBRASKA.
<br />ss:
<br />COUNTYOF Hall
<br />On this 6th day of June
<br />a notary public
<br />, A.D. 1986 , before me.
<br />in and for said County, personally came
<br />Donna Fay Peters, a single person
<br />personally to me known
<br />to be the identical person whose name is affixed to the above and fore-
<br />going instrument as Mortgagor, and she has acknowledged the said instrument and the
<br />execution thereof to be her voluntary act and dged, for the purposes therein expressed.
<br />In testimony whereof, l have hereunto set my hand and affixed by nota rial seal at Grand Island, NE
<br />on the day and date last above written.
<br />LCOVA�I�GYNOME aaur — - i`1 '"_' 1� C x n .• _,•
<br />My Comm. Exp. June 29 1 °' , } Notary Public
<br />STATEOFNEBRASKA ss
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Book
<br />Page of
<br />A.D. 14
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />6'O go. -Y.f
<br />Register of Deeds
<br />ii O 9714W f9 -791
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