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<br />103443
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<br />10. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit 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 indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgsgee, and shalt 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 30 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 Stated 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 />its declare *SEE
<br />may, at option, all sums securred hereby immediately due and payable. NOTE BELO14
<br />13. That if the Mortgagor fails to make any payments of money when the same become due. or faits to conform to
<br />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, r;.erest. monthly payments, costs, ground rents, taxes and
<br />_.
<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 />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 />a
<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 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 />LzaJ '
<br />�'
<br />.mot
<br />[SEAL!
<br />c
<br />�-! • �`� "`_r, [ SEAL J
<br />i e Bohrer
<br />[SEAL)
<br />[SEAL]
<br />�0
<br />[SEAL)
<br />GPO 941.728:"
<br />STATE OF NEBRASKA, }(
<br />55:
<br />COUNTY of HALL )`
<br />On this 26th day of dune A.D. 19 86 before me,
<br />a Notary Public in and for said County, personally came i
<br />Richard H. Bohrer and Lee A. Bohrer, husband and wife,
<br />me know
<br />ersonay lobe the identical person swhose name S are affixed to the abo� and fo en
<br />going instrument as Mortgagor, and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />In testimony whereof, I have hereunto set my hand and affixed by Officialeal at Grand Island,
<br />on the day and date last
<br />MEN]
<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 />_.
<br />Register of Deeds
<br />17. ,.Ze-- *12. NOTE: This option may not be exercised by the mortgagee when the
<br />ineligibility for insurance under the National Housing Act is due to the mortgagee's
<br />failure to remit the mortgage insurance premium to the Department of Housing and Urban
<br />L
<br />Development.
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