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<br />. '86- 103098 i�Qi - 9 /y�
<br />Ili. That the Mortgagor will keep the buildings upon ;aid - remises in g, .W repair.. Nd neither eommit�cQ�critff��titt
<br />upon said land, nor %utter the said premises to he used f. ;,,ny unlawfist purpose.
<br />J I. That if the premises. or any part thereof, he condertned under the power of eminent do.nain, 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'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 shalt be paid forthwith to said Mortgagee to he 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 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 time from the date of this mortgage, declining to insure said
<br />note and this mortgage. being deemed conclusive prcrof of such ineligibility). the Mortgagee or holder of the note
<br />may, at its option. declare all sums securred hereby immediately duc and payable.
<br />I't: Thai it the Mortgagor (ails 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 he included in the decree of foreclo,ure: and the contract embodied in this mortgage
<br />and the note secured hereby, shalt 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 hind. 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 />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 Mortgagors) ha ve hereunto set their
<br />above written.. hand( %)the day and year first
<br />— —
<br />In presence of: /
<br />G. CH I SEAL I
<br />f
<br />I SEAL I
<br />STRVEN E. SCHLEIC R I SEAL. I
<br />iSEAL)
<br />iSEAL�
<br />STATE OF NEBRASKA.
<br />SS:
<br />COUNTY OF Hall
<br />On this 18th day of April A.D. 19 86 before me, Beverly J. Brewer
<br />a Notary Public :n and for said Countv. personally came Samuel G. Schleicher and
<br />Patsy R. Schleicher, Husband and Wife and Steven E. Schleicher and Lorrie C.
<br />Schleicher, Husband and Wife
<br />personally tie me known
<br />to be the identical person s whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor, and have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and dyed• for the purposes therein expressed.
<br />In testimony whereof, t have hereunto act my hand and affixed by not seal at Grand Island
<br />on the day and date last abi tye W n. _ \ -
<br />CENEAAt N01ARY •State o! tapra:ka �\I
<br />BEVERLY J. E9 EvYER -=� •? ? ' f)' '
<br />i r.
<br />My Comm. Exp. J . B ER - , otary Public
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Book
<br />Page of
<br />A.D. 19
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />Register of feeds
<br />•'ING, I Lk..EN' V.11. IN(:!iI1,, i'!Y .,,...::.K. 'r ilia) <7:Id.i411 <1;!t1
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