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6-- 104307; 103522
<br />10. That the Mortgagor will k „the buildings upon said premises in good repair. +either commit nor rmi1 waste
<br />�.
<br />upon said Wttcf, nor suffer the said premises to be used for any unlaw =ful purpose
<br />I1- That if the premises, or any pan thereof, be condemned under the power of eminent domain, tx 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 />am6inst'of indebiednes upon this mortgage and the mite which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the' Mortgagee. and shalt be paid forthwith to said Mortgagee to he applied by the latter on account of the next
<br />maturing ins aNinaros of ,such indebtedness.
<br />12. 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 1 60 days from the date hereof twrilten 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 time front" 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 payable. See Below
<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 prinef-
<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 be 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 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 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 plural, the
<br />plural the singular, and the use of any gender shall he 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 ve hereunto set thei r 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 ineligibilty 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 />u
<br />j SEAT.
<br />LtUMAKU { fSEALI
<br />• .
<br />f SEAL. I
<br />I SEAL I
<br />( SEAL I
<br />STATE OF NEBRASKA.
<br />SS:
<br />COUNTY OF HALL
<br />On this 30 thlaY of June . A.D. 19 136. before me,
<br />a Notary Public in and for said County, personally came
<br />EUNICE J. MCCARTY and LEONARD R. NCCARTY, JR., *IFE AND HUSBAND
<br />personally to me known
<br />to be the identical person s whose name s have been affixed to the above and fore-
<br />going instrument as Mortgagor, and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and dged. for the purposes therein expressed.
<br />In testimony whereof, I have hereunto set my hand and affixed by official seal at GRAND ISLAND
<br />on the day and date last above written.
<br />ntary Public
<br />�! rtlAnp_i4b � aMneb
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A.D. 19
<br />at o'clock v1., and entered in Numerical Index, and
<br />recorded in Book of Mortgages, on
<br />Page of
<br />Register of Deeds
<br />3Po 001 •.., Mit) 9214 -IM it) 791
<br />
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