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86- 105703 , 10. That the Mortgagor will kt:aI) the buildings upon said premises in good repair... neither commit nor permit waste upon said land, nor suffer the said premises to be used for any unlawful purpose. 11. That if the premises, or any part thereof, be condemned under the power of eminent domain, or acquired for a public use, 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 mortgago 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 he 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- surance under the National Housing Act within 60 days from the date hereof (written statement of any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the 60 stays time from the date of this mortgage, declining to insure said rote and this mortgage. being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note may, at its option, declare all sums sect rred hereby immediately due and payable. ** see Below 13. Thal 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 princi- pal sum and accrued interest shall at cr :c become due and payable. at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately for the whole of said money. interest. monthly payments, costs, ground rents, taxes and 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- sonable artorney's fee.. all of which shall he included in the decree of foreclosure: and the contract emhodied in this mortgage and the [tote 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 insure to, the respective heirs, executors. administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plarat, the plural the singular. and the use of any gender shall he applicable to all genders. The foregoing conditions, all and singular, ring performed according to their natural and legal import. this conveyance shall be void and said premises released at the expense of the Mortgagor. otherwise to be and remain in full force and effect. IN WITNESS WHERFOF, the \tortgagorts) hij hereunto %el his hand(%) the day and year first above written. In presence of: ** This Option way not be exercised by the mortgagee when the ineligibilty for insurance under the National Housing Act is due to the mortgagee's failure to remit the mortgage insurance premium to the Department of Housing and Urban Development. ZZ, _ N VALENCIA I SEAL. I I SEAL. I I SEAL I 1 SEAL I STATE OF NEBRASKA. COUNTY OF HALL ! %% On this 6 th day of October . A D I486 , before me. a NOTARY PUBLIC m and for said ( ounty, personally came RMION VALENCIA, A SINGLE PERSON . personally to me known to be the identical person whose name has been affixed to the above and fore- going instrument as Mortgagor. and he acknowledged the said instrument and the execution thereof to he his soluntar% act and dged. for the purposes therein expressed In testimony whereof. I hasc hereunot) wl ms hand and affixed bs official deal at GRAND ISiJttlp on the day and date last above written. AL� �� M rIIIIP ` Nt,tary Public STATE OF NEBRASKA ss Filed for record this da) ,•.f A. D. 19 at o'clock \1 . and entered in Numerical index, and recorded in Book of Mortgages, on Page of Register of Deed% 4 s. W,. +a, - 4009' +4+M (9 7';