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10 That the Mortgagor will k be bu ings upon saw premises in good repair. ')neither commit nor permit waste upon raid land. nor suffer the said premise, to be used for any - mlawful purpose. 11. That if the premises. or any part thereof, be condemned under the power of eminent domain, or acquired fot a public use, the damages awarded. the proceeds for the taking of, or the consideration for such acquisition, to the extent of the full amount of indebtedoes upon IN,% mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the Mortgagor to the Mortgagee. and shall he paid forthwith to said Mortgagee to he applied by the latter on account of the next maturing installments of such indebtedness. 11. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- surance under the National H.xasing Act within 60 days from the date hereof ]written statement of any officer of the Department of Blousing and C rFw Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the 60 days time from the date of this mortgage, declining 10 insure said note and this mongage, being deemed conclusive proof of such ineligibility), the :Mortgagee or holder of the note may, at its option, declare all sums recurred hereby immediately due and payable ** See Below 13. That if the Mortgagor fails to make any payments of money when the same become due. or fails to conform to and comply with any of the conditions or agreements contained in this mortgage. or the note which it secures, then the entire princi- pal sum and accrued interest shall at once become due and payable, at the election of the 'Mortgagee. and this mortgage may thereupon be foreclosed immediately for the whole of said money, interest. monthly payments. costs, ground rents. taxes and 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- sonable attoroey's fee. aft of which shall he included in the decree of torecl.•stire. and the contract embodied in this mortgage and the note secured hereby. shall in all respects be governed, construed and adjudged by the haws of Nebraska, where the some is made. The covenants herein contained shall bind. and the benefits and advantages shall insure to. the respective heirs. executors, administrators, successors and assigns of the parties hereto- Whenever used. the singular number •half include the plural, the plural the singtlar, and the use of any gender shall be applicable to all genders The foregoing conditions. all and singular, being performed according to their natural and lel;W import, this conveyance +hall he void and said premises relc.,scd at thcexpense of the Mortgagor, othcrw ise to he and remain in full force and etTect IN WITNESS WHERF01'. the Mortgagortsr ha ve hereunto set thei r handlsa the day and year first above written In presence of ** This Option may not be exercised by the mortgage* when the ineligibiity for insurance under the National Housing Act is due to the mortgagee's failure to remit the mortgage insurance preativtn to the Department of Housing and Urban Development. Y�,x... r. lL.�•.., [ SFA1. [ st i STAFF OF NFBRASK A. (_0U s1TY ()F HALL f ,s On this 30 trJAa of June A D W 86, tsefnrc me. a notary Public n and for said (aunty, personally same I SEAL ) I SEAL. i I SEAL I EUNICE J. 14CCARTY and LEONARD R. MCCARTY, JR., WE AND HUSBAND personally to me known to be the identical per on s whose name s have been affixed to the above and fore- going instrument as Mortgagor. and they have acknowledged the said instrument and the execution thereof to he tneir soluntary act and dged, for the purposes therein expressed. In tesbmonv whereof, f have hereunto set my hand and affixed by official seal at GRAND ISLAND on the day and date last above written ff � ofary. Public ff�t atnrasr -stag to tts,a,r STATF OF NEBRASKA Filed for record this day of A D,19 at o'clock M.. and entered in Numerical Index. and recorded in Book of Mortgages. on Page of Register of Deeds iik0 •Or �1r �.�.t�i�i'Q IoM i.i /Cll I