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86104037
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Last modified
10/18/2011 2:10:31 PM
Creation date
3/31/2008 2:50:47 PM
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DEEDS
Inst Number
86104037
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l_ <br />COH66-- 104037 <br />lu. 'that the Mortgagor sill keep the huildines pot =d prentiwes in good repair• a „d neither commit not hermit waste <br />up an said land, nor suffer the said premises to be +ass° a o' unlawful purpose. <br />I t. That if the premises. or any part thereof. he condemned tinder the power of eminent domain, or acquired For a public <br />use, the damages awarded. the proceeds for the taking tit'. or the consideration for such acyuisiuon, 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 hereby assigned by the <br />Mortgagor to the Mortgagee. and shall he paid forthwith to said Mortgagee to he applied by the laver on account of the next <br />maturing installments of such indebtedness. <br />The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- <br />surance utxier the National Housing Aes thatn from the date hereof (written statement of any officer <br />of the Department of Housing and Urban Development or atime eo agent of the Secretary i. Hauling and Urban <br />Development dated sunsequencto the time from the dale 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 recurred hereby immediately due and payable. <br />13. 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 cost of extending the abstract of title from the date of this loan io the time of commencing such foreclosure suit, and a sea - <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 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 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 plush 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 he 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(O ha ve hereunto set their handLd the day and year first <br />above written. <br />In presence iaf <br />SEAL. j <br />1 SEAL. 1 <br />( SEAL 1 <br />(SEALi <br />(SEAL] <br />STATE OF NEBRASKA, <br />COUNTY OF Hall- <br />On this 17th day of July . A.D. 19 Sfi before me, Beverly J. Brewer <br />a Notary Public in and for said County, personally came Roland D. Sems and <br />Carol A. Sems, Husband and Wife <br />personally to me known <br />to be [be identical person s whose name S are affixed to the above and fore- <br />going instrument as Mortgaggr, and have acknowledged the said instrument and the <br />execution thereof to he their voluntary act and dged, for the purposes therein expressed. <br />In testimony whereof. I have hereunto et my hand .and affixed by n2tar„v eai at Grand Island <br />on the day and date last above w ritten <br />7SEt KLY” + Notar.ti hiblic <br />STATE OF NEBRASKA rs <br />Filed for record this day of A.1) 19 <br />at c, clock I%f.. and entered in Numerical Index, and <br />or <br />recorded in Book of \ltg: +gel, on <br />c <br />Page of <br />Register of Deeds <br />
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