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Re- reetor de 4 86- 143007
<br />86-- ,103459
<br />10. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit nor permit waste
<br />upon said Wad. nor suffer the said premises to be used for any unlawful purpose.
<br />11. not if the premises, or any part thereof, he 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 tote 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 be applied by the latter on account of the text
<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 />rate 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.
<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 />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 Mortgagor(o h3 hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />e. [SEAL j
<br />Jo nn bell
<br />[SEALI
<br />SEAL -1
<br />Debra D. Bell
<br />[ SEAL I
<br />I SEAL 1
<br />GPO 9-1 -133
<br />STATE OF NEBRASKA,
<br />ss:
<br />COUNTY OF HALL
<br />On this 6th day of June A D. 19 86 , before me. the uniersigned,
<br />a Notary PUbliC m and for said County, personally came John F. Bell and
<br />Debra D. Bell, each in his and her own right and as spouse of each other,
<br />. personally to me known
<br />to be the identical persons whose name s are affixed to the above and fore-
<br />going instrument as Mortgagor, and they severally acknowledged the said instrument and the
<br />execution thereof to be their koluntary act and deed, for the purposes therein expressed.
<br />M testimony whereof. I have hereunto set my hand and affixed by NO ` al at Grand Islan�vebraska,
<br />on the day and date last above written.
<br />�,�
<br />V_ Slats at
<br />IpA1N1p(E�Q ROUSH Notary Public
<br />STATE OF NEBRASKA a is
<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 Deeds
<br />7
<br />h
<br />J
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