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gs_.. 105862
<br />10. That the Mortgagor will keep the buildings upon said promises in good repair, and neither commit nor permit waste
<br />upon said hand, aor aulter the said premises to be used for any unlawful purpose.
<br />11. That the premises, or any part thereof, be 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 oft ull
<br />amount of bulebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned the
<br />Mortgyorto the Mortgagee, and shalt be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />natuting instaftents of such indebtedness;
<br />12 The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in-
<br />wraace oedae trye NatiooabHousigg Aetwithin 60 ,days from the date hereof (written statement 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 60 days time from the date of this mortgage, declining to insure said
<br />note ..and this :mOrigage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note
<br />stay, at its option, decl#re all aunts securred °hereby immediately due and payable. ** See Bel ow
<br />13. That if the Mortgagor faits 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 suuu and accrued interest shall at oneebecome 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 />son" attorney's fee, all of which shall be included in the decree of foreclosure; and the contract embodied in this mortgage
<br />and the note secured hereby, shall 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 shall 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 be applicable to all genders.
<br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance
<br />shall be void and said premises released at the expense of the Mortgagor; otherwise to he and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) have hereunto set thei r hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />** This Option may not be exercised by the
<br />mortgagee when the ineligibilty for
<br />insurance under the National Housing Act
<br />is due to the mortgagee's failure to
<br />remit the mortgage insurance premium
<br />to the Department of Housing and Urban
<br />Development.
<br />STATE OF NEBRASKA.
<br />ss:
<br />COUNTY OF HALL
<br />On this 15 thdayof October
<br />a NOTARY PUBLIC
<br />. A.D. 19 86, before me.
<br />in and for said County, personally came
<br />ROLUt1O R. BENNETT and LYLA F. BENNETT, HUSBAND AND rtIFE
<br />SEAL [
<br />[SEAL
<br />I SEAL I
<br />[ SEAL I
<br />I SEAL I
<br />to be die identical persons whose name s have been affixed to above and fore-
<br />PWAS i NUUMent as Mortgagor, and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary as and deed, for the purposes therein expressed.
<br />In testimony whereof. I have hereunto set my hand and affixed by official seal at GRAM ISLAND
<br />on the day and date last above written. 4� /
<br />�tLt�tlfill"tltw d
<br />4. +OOrf» Notary Arf>!ic
<br />era
<br />STATE OF NEBRASKA
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Book
<br />pap of
<br />A.D. 19
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />Register of Deeds
<br />NU0- 92143M 19 791
<br />4
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