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L <br />8fi-- 103724 <br />it). That the Mortgagor will I the buildings upon ,aid premises in gtxxl repair. .''';neither commit nor permit waste <br />upon said land, nor suffer the said premises to he used for any unlawful purpose. <br />11. That if the premises, or any° part thereof. be 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 iidebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the <br />Mortgagor to the Ilfttrtgagee, and shall he paid forthwith to said Mortgagee uo he applied by the latter on account of the next <br />maturing installments of such indebtedness. <br />1 ?. 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 60 days 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 60' days timc from the date of this mortgage, declining to insure said <br />note 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 secarred hereby immediately due and payable. ** See Belau <br />17. 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 he foreclosed immediately for the whole of said money. interest. monthly payments. costs, ground rents, taxes and <br />the cosi 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 tote secured hereby, shall in all respects he 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 s hereunto set her handls)the day and year first <br />above written. <br />In presence of: <br />** This Option may not be exercised by the <br />mortgagee when the ineligibility for <br />insurance under the National Housing Act <br />is due to the mortgagee's failure to <br />remit the mortgage insurance premium <br />to the Department of Housing and Urban <br />Development. <br />ECTZABETA SEAL i <br />STATE OF NFBRASKA. <br />COUNTY OF HALL <br />On this 8 thday of July A.1). 19 8r before me, <br />a Notary Public m and for said County, personally came <br />I SEAL I <br />ISEALI <br />SEAL I <br />SEAL. I <br />ELIZABETH R. SAUER, A SINGLE PERSON <br />personally to me known <br />to be the identical person whose mane has beer, affixed to the above and fore- <br />going instrument as Mortgagor, and she acknowledged the said instrument and the <br />execution thereof to he her voluntar � act and dged, for the purposes therein expressed. <br />In testimony whereof. l have hereunto set my hand and affixed by officialseal at GRAND ISLAND <br />on the day and date last above written <br />ary Pm, <br />STATE OF NEBRASKA s,r <br />�yMtttl► 4 � <br />Filed for record this day of A.U. 19 <br />at o'clock 411`06tn entered in Numerical index, and <br />recorded in Book of Mortgages, on <br />Page of <br />Register of Deeds <br />:aeo oar vo pit : t)1t:1dl x•ol 1141 <br />