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<br />16. That the Mortgagor wilt the buildings upon ,said premise, in good repair, neither commit tau permiANS
<br />dp4an said land, nor ufFrr the said premises to he used for any unlawful purpose-
<br />1 I. That if the premises. or any part thereof. be ,•emdennred under the power of eminent domain, or acquired for a public
<br />use; the damages awarded, the priwcrds for the taking of. or the consideration for such acquisition, to the extent If 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 thc'Mortgagee. and shall he paid forthwith to said Mortgagee to he applied by the latter on account of the next
<br />maturing installments of such indebtedness.
<br />12. 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 180 d g from the date hereof (written statement of any officer
<br />of the Department of Housing and Urhun tSevelnp em or authorized agent of the Secretary of Housing and urban
<br />Development dated subsequent to the 180 days time from the date of this mortgage, declining to insure said
<br />n is 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 securied hereby immediately due and payable.' **
<br />11. 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 to the time of commencing such foreclosure suit: and a rea-
<br />sortable 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 herehv. shalt 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 shalt 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 foal] 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(s) hate hereunto set their handisl the d y and year first
<br />above wrinen. his portion may not be exercised by the morba when the ineligibility or insttranoe
<br />urrler the National dousing Act is due to the Mortgagee's failure to remit the mortgage
<br />In presence o :
<br />iluranoe premium to the Deparnent of Housing and Urban Development:
<br />ns
<br />rte" f SEAl.1
<br />Steven Heath
<br />j'i, 0 -_-, .0/r, �f'» ` P/1 f�e.J 1 SEAL I
<br />Glenda M. Heath
<br />SEAL. t
<br />SEAL 1
<br />-f� 1 SEAL i
<br />STATE OF NEBRASKA.
<br />tiS:
<br />COUNTY OF Hall
<br />On this 1st day, of August A.D. 1986 , before me,
<br />a in and for said County, personally came
<br />Steven Heath and Glenda M. Heath , Husband and Wife, and Carrol D. Heath and
<br />HjArdis Heath, Husband and Wife
<br />t1 H
<br />personally to me known
<br />to be the identical persons whose name are affixed to the above and fore-
<br />going instrument as Mortgagor, and they 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 seal at
<br />on the day and date Iasi above A ritten.
<br />f B DENISE KAY LOWNY Notar ublic
<br />My CmR 4 Ap. 24 1987
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A.D. 19
<br />at o'clock M., and entered in Numerical Index. and
<br />recorded in Book of Mortgages, on
<br />Page of
<br />Register of Deeds
<br />• l� ,� %vI I +NAEN*IH;tNI IN _ i't - E �, ;kid.,t.,: ..
<br />0
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