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86,,'105004 10. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit nor permit waste upon said land, nor suffer the said premises to he used for any unlawful purpose. 1. That if the premises, or any part thereof, be condemned under the power of eminent domain. or acquired for a public uxe, the damages awarded, the proceeds for the taking of. or the consideration for such acquisition, to the extent of the full amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the Mortgagor to the Mortgagee. and shall be paid forthwith to said Mortgagee to be applied by the latter on account of the next maturing installments of such indebtedness. 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- y surance under the National Housing Act within 60 days from the date hereof (written statement of any officer - t of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated snbseiluent -to the 0 days time from the date of this mortgage, declining to insure said ' note and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note may, at its option, declare all sums'securred hereby immediately due and payable. ** See Below 13, That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to and comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire prtact- pal sum and accrued interest shall at once become due and payable. at the election of the Mortgagee; a<xt this mortgage may thereupon be foreclosed immediately for the whole of said money, interest,' monthly payments. costs;- grwind rents. taxes and the cost of extending the abstract of title from the date of this loan to the time of commencing such'forec %tsurr stet* and a rea- sonable attorney's fee, all of which shall be included in the decree of foreclosure: and the contract embodied in this mortgage and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of.Nebraska. where the same is made. The covenants herein contained shall bind, and the benefits and advantages shall inswe to. the respective bees execu t ors_ administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singular. and the use of any gender shag be applicable to all The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor: ofherw °ise to be and remain in fall ford and effect. I N WITNESS WHEREOF. the Mortgagoitslhave bereuntoset their handts }the day and year first above written: in presence of:" #*, This option may not be exercised by the - L. I$£AUl - mortgagee when the ineligibilty for insurance under the National Housing Act %� t'.'f/JI':t/f'9E:,t [ SEAL I is due to the mortgagee's failure to remit the mortgage insurance premium [SEALI " to the Department of Housing and Urban Development. { SEAL i IS£ALI. STATE OF NEBRASKA. ss: COUNTY OF HALL On this 3 rd day of September A.D.19 ti6. before me. a NOTARY PUBLIC in and for said County, personally came' 1i0YM L. MAXON and COLLEEN A. MAXON. HUSBAND AND WIFE personally to me ktrtiwn to:be the identical person s whose names have been of xed to the above and fore - going instrument as Mortgagor. and they have acknowledged the said instrument and the execution thereof to be their volurrtan= sf. act and dged_ for the purposes therein exptrsse In testimony whereof, I have hereunto set my hand and affixed by official seal at awe ISLAND ' on the day a_ nd date last above written. ,t ti wah Pub& ��- lrrati�b SPATE OF NEBRASKA Filed for record this day of A:I?_ I9 at o'clock M., and entered in Numerical Index, and recorded in Book of Mortgages. on Page - - _ Rrgsstrr+af Deeds _ 41" e0-06r In o 9Z- I4A.Jf (9 7131 .