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86-104013
<br />10. That the -Mortgayor will ke�-P ',he Kuiljings j,' renoi.e, ot gcxt,' repwr. j neither commit nor permit waste
<br />4jiorr said Sand. Mir 'UtTer the ;aid rr irises it, Fe used ior jinla. f1ji ;'urpo-e
<br />11. Thdi if the Premise� ;-,if Qlk p3rf Thcrcof. he ':ofide�encd i.ndtl the Bower of eminent domain, :q acquired for a public
<br />use. the damages awarded. the procerds for the taking tit. or the consideration for such acquisition. to the extent of the full
<br />amount (if indebtednes upon this mart age g unpaid. are hereby assigned by the
<br />. ge and the note which it is given to scimrc remaining
<br />Mortgagor to the Miotgagee, and 0,411 he paid forthwith to said Mortgagee to he applied by the latter on account of the next
<br />maturing installments of such indebtedness.
<br />0. The Mortgagor further agree- that should this mortgage and the Pole secured hereby not he eligible for in-
<br />sum"c under the National Housing Act within sixty days from the date hereof tivritten statement of any officer
<br />c4 the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the Sixty days time from tire date of this mortgage. declining to insure said
<br />note and this mortgage. being deemed conclusive proof tit such ineligibilkyt. the Mortgagee or holder of the note
<br />at its option. declare all sumo recurred hereby immediately due payable.
<br />may.. ** See Below
<br />agxv fail payment.% of money when the same become due. or fails to conform to and
<br />13, That if the MortS. is to make any
<br />comply with any of the conditions or agreements contained in this rnmtgalte, or the note which it secures, then the entire princi-
<br />pal sum and accrued interest shall at once become dilt, and payable. at t-he election of the Mortgagee: and this mortgage may
<br />thercupon he foreclosed immediately for the whole of said money. mter,,r, monthly payments, costs. ground rent.. taxes and
<br />the cost of extending the abstract of title front the date of this Wan to the time of commcricing such foreclosure suit, and it rea-
<br />sonable in the decree of foreclosurvi and the contract e -0
<br />sonable attorney's fee. all of which shall be inc mh� ed in this mortgage
<br />and the note secured hereby, shall in all respects be governed. construed and adjudged by the laws of Nebraska. where the
<br />same is made.
<br />The covenants herein :,•nLimcd -,hall hind, ind the benefits and advantages shall insure to, the respective heirs, executors.
<br />administrators, successors and assigns of the parties hereto. Whenever oscd. the singular number shall include the plural. the
<br />plural the singular. and the use of any gender shall he applicable to all genders.
<br />'rhe foregoing condilions, iii and singular. being performed ;,ccording to their natural and legal import. this conveyance
<br />,.hall he void and said prem;se, released iii the expense of the kfiqlgagor: other%% i,e to he and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor!si have hereunto set their hand(s) 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 in— X —1 SEAL I
<br />surartce under the National Housing Act Is GL-riJld L Jacoby/,/
<br />due to the mortgagee's failure to remit I SEAL I
<br />the mortgage insurance premium to the I SEAL I
<br />Department of Housing and Urban Development. Verlene F Jacoby �7
<br />1 SEAL I
<br />( SEAL I
<br />STATEOF NEBRASKA.
<br />COUNTY OF Buffalo
<br />On this 19th 6% of Uiv A 13 N..
<br />36 , e�efore mc. Duane A. Burns
<br />notary public in.ind for said Couply, personally tame
<br />GERALD L JACOBY arm VERLENE F JACOBY, Hustiand and Wife
<br />. per,onally to me known
<br />to he the "dentinal person S whose mime 3 are affixed to the above and fore-
<br />going instrument as Mori&igor, and have LiL kTWw 1-2'klgCd the said instrument and the
<br />execution thereof It, 11C their \olunt,ir % , t and dyc,i, for the purposes therein expressed-
<br />In ictrwm% whereof. 1 have hereunto set my hand i;)j affixcd t,'. ;-.I V seal al tiearney, NE
<br />on the day and date last ab,,-,c writ I Now MM-408dodoub
<br />DUAW A. MAM C?
<br />ob 0111111111h, E* No. ZIL IM Notary Public
<br />5TA F L OF N F IIR A,, K A
<br />Filed for rccord this O.i of A 1). 19
<br />at O'clk": Is kf . vid entered' m Nkirueiical Index, and
<br />te,-oz,cd in Rvwk If Mortgages. on
<br />Page of
<br />Rcgt,,Ier,If Deeds
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