86103660 - Laserfiche WebLink

Browse

g , 193660 10. That the Mortgagor will keep the buildings upon said premises in gtktd repair. and neither commit nor permit waste ff the said emises Lobe user! for any unlawful purpose. upon lard !artd, nor w cr pr 11.. That it the premises, or any part thereof, be condemned under the power of eminent domain, or acquired for 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 indebtedites upon this mortgage and the mote which it is given to secure remaining unpaid, are hereby assigned by the MortgaW to the Mortgagee, and shall be paid forthwith to said Mortgagee to he applied by the latter on account of the next metering installments of such indebtedness- Q. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- surance under the National Housing Act within from the date hereof (written statement of any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the time from the date of this mortgage. declining to insure said note and this mortgage. being deemed conclusive proof of such ineligibilityl, the Mortgagee or holder of the note may, at its option, declare all sums securred hereby immediately due and payable. 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 map 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 attorney's fee. all of which shall be included to the decree of foreclosure; and the contract embodied in this mortgage and the note secured hereby. shall in all respects be governed. construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shall hind, 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 shall include the plural, the plural the singular, and the use of any gender ,hall be applicable to all genders The foregoing condition.. all and singular, benig performed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor: otherwise to he and remain in full force and effcci. IN MIN FSS WHEREOFf the Mortgagc:rist have hereunto set their handts) the day and year first above written. In presence of Yv� L 1 i SEAL I I SFA1 I Dk91e 5. bTaFi[iL'r I SEAL 1 1SFALI 4P (` 441.1 i1 STATE OF NEBRASKA. COUNTY OF HALL F On this 'th dal e,f my 1) l9 6 hefor nic tlx- urriersigIied, tiotdry Public m and f1,r .aid f .,unty, per 1nally came ;+larIt W. Braittrer and Debbie S. Bramter, each in his and her cwii right anti as apotts-e of each otlx:r, . personally to me known to he the identical pci,on s w ho,c narnc s are atfi xed to the about and fore- going instrument as Mortgagor. and they severally acknowledged the said instrument and the execution thereof to be tt "e ir ofuntary act arid deed, for the purposes therein expressed. In testimony whereof. 1 have hcreunw —i m%. -nd .,nd atiised by NOtayiar}al at Grard ISla�, i�braska, on the day and date last at+.*vc wnnen / % i NXIMM sw* if alibi i r 'All -' ,ppMlEQ I1011Sti Vorarq flrhlic MpOwta4�� STATE OF NEBRASK > Filed for record this day of at o'cl(xk recorded in Book Page of 'N.1) iv M and entered in `umetical lode", and A Mortgages.,ln Re¢i,te-r :,f heed, 11 M1