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86-1051419 M. Ihat the Mortgagor A ill ker; The buildings upon s to pretoi:es to good rerair. e,,d neither commit nor permit ssasle i .xrn atiJ lanJ, nor softer the said premises to be used for any unlawful purpose, i a.. iti�t it tl't t-`i£ :t u.!+. _cti 4� t pan there4. . be ci,mdcrn iinder _hk � tit cr of cm;ncnz dll nair ar az'4ai:ed, -iii ;� vi,4;ii - - use. the damagei awarded. the Proceeds for the taking of, or the consideration for such kequisition. to the extent of the full amount of indebtedoes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the Mnrtgagor to the Morigager, and shall be paid forthwith to said Mortgagee to be applied by the tatter on aCCount of the next maturing installments of such indebtedness. 1'. The 'Mortgagor further agrees that should this mortgage and the note secured WebY not be cligibk for in- snrance: under the National Housing Act within from the date hereof (written statement of any officer a €he Department of lfousing and Urban Development m authorized agent of the Secretary^ of Housing anti Urban Development dated subsequent to €he tame from the date of this mortpSe, declining to inrttre said note and this morggage. heist¢ deemed conclusive Proof of such inehgilniity. . the '+Icntgagcc or holier of the note mar. at its option. declare all sums sr<`ttrsed hereby immediately due and �c�k. 7 ?- That if the Mortg4w fails to make any payments of rnoner• at+" the same become due, car fails to conform to and comply with any off the condition,, or agreements contained.in this mortgage. or the note which it secures. their the entire prini-i - 1 sum and accrued in€ertst shall at once became due and ay-abk- at the elecum of the Mme; and tray martV may € tltereupsn iae fprecluserl itnmediately for the w°hrile of said moire%_ unerest. mwtth#x rrayrtirntc. casts: grmtnd rexas Sates atxtt cent ts# txtendntg the a#istract title from the date of tins bran tsar; the time cif commencing such foreckvsrrte stet_ and area -. sonahte attoruey's fft; all :of which shall be in eluded in the decree of foreclosure and the contract embodied in thi €&— . and ihe:.naate secured beretw. shall in all ieyxecis?ve gosh; carented and adjudged bs the taws of Ate, wfatZe :M same is made. The covenants herein contained shall bind. And the benev?ts And adaantages shall insure to. the respective heir's_ execuws, ada urastrator -_ successors and assigns of the panties hereto, '9 herterer used. the singular number shall include the pct , the f haw the ssngidar, -and the use of any grader shall be applicable to all genders. The forepoirW conditions_ all and sintmiar. bring performed accoMing to tires natural and legal unport. this cc+asts�nas sftall be void and saitt premises released at the expense of the Mn gagwr: otherwise to be and remain is frill force and effect. IN WITNESS 1 SS 1d'i it REtfF. the ert gc s hartd#s! the dal and year first :wave 1tTitten, In presence of SEAT_ I Si1AMMID R_ LOEM R ISEAL; SEAL ;S€AL, STATE OF NEBRASKA. C`OVN`3't 'OF dull .� On tlii. 10th day of September A.D- 19 86, before me, Beverly J_ Brewer a Notary Public in. and f(w said Courav,�lY4came David E. Loeffler and Sbax3uvad R. Loeffler, :iusbaud an e Wife persixtaft W tae known to be the identical person S whose name s are aff€xtd to the ais.�e arul fore going instrument as Mongagor, and have ackmsailedged the said irstrament and the execution thereof to their voluntary act am dged> for the purposes rherrim expressed- 10 iesznnittnx whereof. I have hereunto= set my hand and affixed ?xt uot-ryi seal at gaud I sl and tut the day and date last above wn -T BEtrE13LT 3 _ $ Noun Public STATE OFXEBRA_SKA ss day of A,Dr 19 W. and entered in Novice" Index, and of on Register of f*r& . OS W"Vtrt"w4mf':V?PWgTi 0i'.14 4" *arA96.�'': ,.i ir.9,141ME t4 ?