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ij� iQn ISO <br />Ip: That the 'Mortgagor will kecp the buildings u 1031Bti <br />upon saw land. nor suffer the said premise* to be g fin said premises in ganef repair, a..d nei commit nor permit waste <br />tx used fc.r tiny unlawful purpose. <br />I I. That if the, premises. or any part 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 or the full <br />amount of indebtednes upon this nionSW and the tote which it is given to secure remaining unpaid, are hereby assigned by the <br />Mortgagor to'the Mortgagee, and shall be paid forthwith to said Mortgagee to he applied by the fatter on account of the next <br />maturing installntents of such, indebtedness <br />11 The'Mortgeaor further agrees that should this mortgage and the note secured hereby not be eligible for in- <br />surance under'lhe National Housing Acl 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, <br />[tote and this ,mortgage, being deemed conclusive proof of such ineligibility). tie Mortgagee r older to insure note <br />may, afiifs option, declare all sums recurred hereby, immediately due and payale. gager 'or holder of the note <br />11 1 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 o[ 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 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 : <br />same is made. foreclosure. and the contract embodied this mortgage <br />'and the note secured hereby, shalt in all respects be governed. construed and ;,djudged by the laws of Nebraska, where the <br />The 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 />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(s) the day and year first <br />In presence of: <br />R- [ SEAL I <br />ir77Yd' ? � in.1i n .r� <br />LUCINDA R. PAUSTIAN [SEAL J <br />f SEAL. I <br />[ SEAL I <br />f SEAL I <br />STATE OF NEBRASKA. <br />ss: <br />COUNTY OF Hall <br />On this 13th day of June A.D. 19 66 ,before me. Beverly J. Brewer <br />a Notary Public in and for said County, personally came Steven J. Paustian and <br />Lucinda R. Paustian, Husband and 'Aife <br />to be the identical person S whose name S are personally to me known <br />going instrument as Mortgagor, and have affixed to the above and fore - <br />execution thereof to be acknowledged the said instrument and the <br />their voluntary act and dged, for the purposes therein expressed. <br />In testimony whereof, I have hereunto set my hand and affixed by n seal at Grand Island <br />on the day and date last abovewseN._ _ _ , <br />b'j <br />,f�"a /1 <br />t.� <br />A JAY " _ '- � Notary Atbfic <br />STATE OF NEBRASKA ss <br />Filed for record this day of A D 19 <br />recorded in Book o'clock M.. and entered in Numerical Index, and <br />re of Mort <br />Page of gages, on <br />Register of Deeds <br />•U.S. QOV'6NNIALW PNINT1N0 OFFIct. 19" 0.5]- ��6' ?tdi6 HUO W143%4(0 -79) <br />