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86-- 103959
<br />10. That the Mortgt gor will keep the baifdirtgs tt t t. -,apt: r`mlCv, in good repair. - -d neither commit nor permit waste
<br />Upon said land, nor suffer the said premises to he used fc, ;,m unlawful purpose_
<br />I I. That if the premises. or ;en y part thereof, }k, coodernned under the ,o%; er of eminen[ 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, are herefiy assigned by the
<br />Mortgagor to the Mortgagee, and shall he paid forthwith to send Mortgagee to he applied by the later on account of the nett
<br />maturing installments of such indehtedness.
<br />PI. The Mortgagor further agrees that should this mortgage and the note secured hereby not he 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 suhaequent to the time 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 securred hereby immediately due and payahle.
<br />13. That if the Mortgagor fails to make any payments of nionev .v hen the same become due, or fails to conform to and
<br />comply with any of the conditions or agreements contained in this mortvagc. or the note which it secures. then the entire princi-
<br />pal Burn and accrued interest shall at once become due and payable. et ;he 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 he included in the decree of foreclosure: and the contract embodied in this mortgage
<br />and the note secured herehc. ,hall in all respects he go%erned. construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants herein contioned shall hind. 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 he applicable ,, all genders.
<br />The foregoing conditions. Al and singular. being performed according to their natural and legal irnport, this convevance
<br />shalt he void and said premise, released at the expense of the Mortgagor: otherwise to he and remain in full force and effect.
<br />IN WITNESS WHERF(W. tine Mortgagorisi ha ve hercuato set their handW the day and year first
<br />above written.
<br />In presence of`.
<br />ISFAL)
<br />JUN A
<br />I SEAL I IXYYY
<br />LOIS A. ,` IsI:•v.I
<br />(SFALI
<br />( SF -411. 1
<br />SCA1 1 M.- NlAiRASK V
<br />COUNTY ()I-- Hall
<br />On thii 15th d,in of .luly A 1) 19 86 . hetore mc. Beverly J. Breuer
<br />`{ Notary Public in a:nd for N..:tid i. pupil , prrsnnIM ctimr Junior Ray Doty and
<br />Lois A. Dotv, Husband and Wife
<br />personally to me known
<br />to he the identical person S whose name s are atfixed to the above and fUrl'-
<br />going instrument as Mortgagor. and have acknowledged the said instrument and the
<br />execution Ihereof to he their — it,al,ii% ri, I and d {cd. for the purposes therein expressed.
<br />In testunon-, whereof. I have hereunto set my hard and ,ohxrd ht
<br />notary seed
<br />at Grand Island
<br />on the day and date last above
<br />written
<br />fMERRt WARY . ct,,ta of ileMrst;
<br />` I EIEVEPi-v
<br />BEVERLY J .
<br />BR' '.R tiotan fluted
<br />STA'ILi)f- NEBRASKA
<br />Filed for record this
<br />day of
<br />A p. 1
<br />at o'clock
<br />M
<br />. :mdciiccied it, ';umencallndex.and
<br />rec, T&.J In Book
<br />Page of
<br />M,rrtg:ige,. in
<br />Rceister of Deed,
<br />
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