|
i
<br />h0, That the Mortgagor will k, ,r the buildings upon said premises in good repair. . Q�; 103Q4$
<br />Pr b p tneiAtYt+cotnmit nor permit waste
<br />upon said land, nor suffer the said premises to be used for any unlawful purpose.
<br />11. That if the premises, or any pan thereof. be condemned under the power of eminent domain, or acquired for a public
<br />use, the damages awarded. the proceeds for the taking of. or the consideration for such acquisition, to the extent of the full
<br />amount of inikhtednes'upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Y Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter 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 National Housing Act within 180 days from the date hereof (written statement of. ray officer
<br />of ;the Department of Housing and Urban Development i5r authorized agent of the Secretary of Housing. and Urban
<br />Development dated subsequent to the 1180 days time from the date of this mortgage, declining to insure said
<br />note and this "'mortgage, being deemed 'conclusive proof of such ineligibility), the Mortgagee or holder of ` the note
<br />may, at its option.dectare all sums recurred hereby immediately due and payable.
<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 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 of Nebraska, where the
<br />same is made.
<br />'Me 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 />shalt be void and said premises released at the expense of the Mortgagor; otherwise to be and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) ha ve hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />t/1'✓L 1�= ,1�%GL�iy� I SFAL J
<br />Christopher L:May
<br />[ SEAL J
<br />Frances E. May
<br />[ SEAL J
<br />[ SEAL J
<br />[ SEAL J
<br />STATE OF NEBRASKA.
<br />SS:
<br />COUNTY OF HALL
<br />On this 9th day of June A.D. 19 86 , before me, the undersigned
<br />a Notary Public in and for said County, personally came
<br />Christop ay and Frances E. May, husband and wife,
<br />personally to me known
<br />to be tntecal person s s s ante s are affixed to the above and fore-
<br />going i pent 0 they acknowledged the said instrument and the
<br />execut *Tre" it voluntary act and dged, for the purposes therein expressed.
<br />In t hereunto set my hand and affixed bynotarial seal at Grand Island
<br />on the day ritten.
<br />Notary Public
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A. D. 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 heeds
<br />"O MCI -04, -40092143M 1¢!91
<br />
|