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86105110
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Last modified
10/18/2011 5:36:57 PM
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3/31/2008 3:06:31 PM
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DEEDS
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86105110
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i <br />86- 105110 <br />Itt. That the Mortgagor %+ ill keep the buildings upon laid premises in good repair. 3, +d neither commit nor permit waste <br />upon said land. nor suffer the said premises to be used for any unlawful purpose <br />I I That if the premises. or am part thereof, he condemned under the power of eminent domain, or 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 />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 be paid forthwith to said Mortgagee to he applied by the latter on account of the next <br />maturing installments of such indebtedness. <br />i'. 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 from the date hereof (written st atement 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 time from the date of this mortgage. declining to insure said <br />note s this mortgage. being deemed conclusive proof, of such ineligibility). the Mortgagee or holder of the note <br />may, at its option, declare a8 ums securred 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 pritrti- <br />pal siren 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 a rea- <br />sonable attorney's fee, all of which shall be included in the decree of forectosure': and the contract embodied in this mortgage <br />and the note secured hereby. shall in all respects he governed, construed and adjudged by the laws of Nebraska where true'. <br />same is made. <br />The covenants herein contained shall bind, and the benefits and advantages shall insure to. the respective heirs, executots. <br />administrators, successors and assign 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 />shalt 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 Mortgaginfsl ha tie hereuntoset their hand Uj1he day and year first <br />above written. <br />In presence of. / f <br />SEAL I <br />ST ii_ SCHE£�, <br />(S£ALI <br />L E J. SQWKER <br />I SEAL I <br />I SEAT: I . <br />[SEAL.I <br />;f <br />STATE OF NEBRASKA, <br />COUNTy OFHall ss: <br />On this 5th day of September , :A.D. -19 86. before me, Beverly J. Brewer <br />a i3otar} Public in and for said County. personally came Stanley L. Scheer and <br />Latirie J. Scheer, Husband and Wife <br />personality to me known <br />to be the identical person s whose name s are affixed to the above and fore- <br />going instrument as Mortgagor, and have acknowledged the said instrument and the . <br />execution thereof to be their voluntary act and died, for the purposes therein expressed. <br />.US 00VttiNUeNI PfflNTINGOfriCt IWO Obi- 0361 Ir:c fiQj)91.19W tp - ?3t <br />
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