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10._.That.tbe Mortgagor Will keep the ±±uildrjigs UP60 said premises in gii" repair, and neither commit nor permit waste upon said land. nor sufferthe said premises to he used for any unbwful purpi»r- it. That if the premises, or any part thereof. bd'crndemmed under the power of eminent domain, or acquired for a public ase.` the damages awarded: the proceeds for the taking of, or be consideration for such acquisition. to the extent of the full amount of ittifibtednes upnn'this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the Mortgagor to the Mortgagee: and ihall be paid forthwith to said Mortgagee to he applied by the latter on account of the next mattering installments of such indebtedness. 12. 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 DevelopmeYi� or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the 60' days time from ttee date of this mortgage, declining to insure said note =atfd this- 'mortgage:: being deemed ^omciusn'e proof of snch. ineligibility), the Mortgagee or hoiden of the note may, at its opiitrn, declare all sums sec he immediately due and payable. *sr $aa gel on f3 Thatif.the Mortgagor faits to make any p eyments 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 ruin and accrued; interest shall -ar onrx become due and payable, at the election of the Mortgagee; and this mortgage may 'thereuporrbe? foreclosed immediately for the wbole of said money, interest, monthly payments, crests, ground rents, taxes and the cost of exteadins the abstract of title from the date of this loan to the time of commencing such foreclosure suit, and a tea- sortable attorney's fee, all of which shalt be included in the decree of foreclosure: and the contract embodied in this mortgage and the note secured hereby, shall in all respects he governed, construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shalt 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 shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. The foregoing conditions. all and singular. being performed according to their naturad and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor: other%iw to he and remain in full farce and effect. IN WITNESS WHEREOF. the Mortgagorrsl ha Ye hereunto set their handisI the day and year first above written. In presence of: ** This Option nay not be exercised by the mortgagee tahert the ineligibilty for insurance under the National Housing Act Is due to the mortgagee's failure to remit the mortgage insurance premium to the Department of Housing and Urban Development. _"a11�_Zl :=Y_ ire! I SEAL_ 1 LUPPEN I SEAL 1 RY 1 L LIIPPEM J (SEAL( STATE OF NEBRASKA. COUNTY OF HALL )( On this 7 hdayof July A.D. L9 a,beforeme, a Notary k is in and for said ('oonty. personally came MILO L. LUPPEN and MARY L. LUPPEX, HUSBAND AND WIFE I SEAL I I SEAL I . personally to me known to be the identical person swhose name s have been a@ixed to the above and fore- going instrument as Mortgagor, and they have acknowledged the said instrument and the execution thereof to be their soluntary act and dged. for the purposes therein expressed. In testtmonv whereof. I have hereunto set my hand and affixed by on the day and date last above written- —Sup" — titots 3f aaMasba td. OMER STATE OF NEBRASKA Filed for record this day of at o'clock recorded in Book PSge of officialsealat GRAND ISLAND n 'Votary Public A. D. 19 M.. and entered in Numerical Index, and of Mortgages. on Register of I)ecds a•o sae _oar 13U0 1171 s3R4 .9 71,31