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86-- 103068 <br />10. That the Mortgagor will keep the buildings upon said premises in good repair. arid neither commit nor permit waste <br />upon said land. nor suffer the said premises to he used for any unlawful purpese- <br />1. That if the premises. or any part thereof. be condemned under the power of eminent domain, ix 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 indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the <br />Mortgagor to the Mortgagee, and shall he paid forthwith to said Mortgagee to he applied by the latter on account of the next <br />rmaturing 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 :Nationa! Housing Act within Sixty days from the date hereof (written statement of any officer <br />of the Department of Housing and Urban Development or awhorized agent of the Secretary of Housing and Urban <br />Development dated subsequent to the Sixty d$ys 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, declare all sums securred hereby immediately due and payable. ** 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 :foreclosure: and the contract embodied in this mortgage <br />and the note secured hereby. shall in all respects he 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 shalt 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 Mortgagor. otherwise to he and remain in full force and effect. <br />IN WITNESS WHEREOF. the Mortgagorts) ha ve hereunto set their handlsl the day and year first <br />above written. <br />In presence of: -� <br />iC1Ln :mss J /... I SEAL I <br />* *This option may not be exercised by th Ricky L. Turner <br />mortgagee when the ineligibilty for I SEAL I <br />insurance under the National Housing Act <br />is due to the mortgagee's failure to (SE.At.1 <br />remit the mortgage insurance premium ;; +r` t. ka'; ISEAL.1 <br />to the Department of Housing and Urbair- <br />Development. Kandis K. Turner I SEAL I <br />STATE OF NEBRASKA. <br />ss: <br />COUNTY OF HALL <br />On this 10 th day of June A.D. 19 86, before me, <br />a Notary Public in and for said County, personally came <br />Ricky L. Turner and Kandis K. Turner, Husband and Wife <br />personally to me known <br />to be the identical person s whose name s are affixed to the ab %c 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 dged, for the purposes therein expressed. <br />In testimony whereof. 1 have hereunto set my hand and affixed by notarialseal at Grand Island <br />on the day and date last above written. <br />%n_- �9f7/1,Ri <br />tarn Public <br />D01tDl�t ti IIEIIGER <br />STATEOFNEBRASKA ssr��w� <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 Deeds <br />zro ao�•v�o nisi ?9 ?trM (g -. °Jt <br />