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86_ 103483
<br />Ill. That the Mortgagor will keep the buildings upon said premises in gcKw repair. and neither commit nor permit waste
<br />upon said land, tar suffer the said premises to be used far any unlawful purfx,se.
<br />11. That if the premises. or any part thereof, be condemned under the pow er 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, arc 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 />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 proof of such ineligibiiityl, 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 io make any payments of money when the same hecomc 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 he 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 be and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) ha hereunto set hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />STATE OF NEBRASKA.
<br />ss:
<br />COUNTY OF HALL
<br />SEAL
<br />(SEALI
<br />(SEALI
<br />(SEALI
<br />(SEALI
<br />On this 27th day of June A.D. 19 86, before me, the undersigned,
<br />a Notary Public in and for said County, personally came John F. Mendenhall, a
<br />single person, and Kathy S. Wrage, a single person,
<br />, personally to 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 tYtey severally 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. I have hereunto set my hand and affixed by Notarri al at Grand Island— Nebraska,
<br />on the day and date last above writte %
<br />tttl�Nl(irRA�tl —ttbte M N�intl,
<br />JOANNE G. ROUSH Notary Public
<br />ky Cotttta ExA• tbv. 25, 19H8
<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 />GPO .01 ..-
<br />Register of Deeds
<br />HUD 92143M 19 -:9)
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