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86106126
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10/18/2011 7:59:14 PM
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3/31/2008 3:22:32 PM
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DEEDS
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86106126
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86- 106IL2(; <br />10. That the Mortgagor will kcep`ihe buildings upon said premises in good repair. a,a neither commit nor permit waste <br />upon said land, nor suffer the said premises to be used for any unlawful purpose. <br />11. That if 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 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 />12, The Mortgagor further agrees that should this mortgage and the note secured hereby not M eligible for in- <br />surance under the National Housing Act within 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 dale of this mortgage, declining to insure said <br />note and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the noie <br />may. at its option. declare all sums securred hereby immediately due and payable. ** See Below <br />13. That if the Mortgagor fails to make any payments of money when the same become due, or faits 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 sum 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 ext2iu'ing the ab Strad of i'nie 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 :foreclosure; and the contract embodied in this mortgage <br />and the tote 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 ad vantages 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 he applicable to all genders. <br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance <br />shall 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 Mortgagorlsl ha ve <br />hereunto set their <br />hand(O the day and year first <br />above written. <br />In presence of: <br />*r This Option may not be exercised by the <br />�L -uf <br />I SEAL <br />mortgagee when the ineligibilty for <br />RICHARD <br />W. <br />insurance under the National Housing Acts' <br />,.,_- ;?>) ISF.A[.l <br />is due to the mortgagee's failure to <br />LOIS M. <br />MCINTURF <br />remit the mortgage insurance premium <br />I SEAL <br />to the Department of Housing and Urban <br />Development. <br />ISEALj <br />I SEAL j <br />STATE OF NEBRASKA. <br />aS: <br />COUNTY OF HALL <br />On this 23 rdday of October . A.D. 19 g6. before me. <br />a NOTARY PUBLIC in and for said County. personally came <br />RICHARD W. MCINTIIRF and LOIS H. NCINTURF, HUSBAND AND WIFE , personally to me known <br />to be the identical persons whose name s have been affixed to the above and fore- <br />going instrument as Mortgagor, and they have acknowledged the said instrument and the <br />execution thereof to be their voluntary act and dged. for the purposes therein expressed. <br />In testimony whereof. I have hereunto set my hand and affixed by officyala1 at CRAND ISLAND <br />on the day and date last above written. <br />X �1 AL Notary Public <br />STATEOFNEBRASKA ss <br />Filed for record this day of A.D. 19 <br />at o'clock M., and entered in Numerical Index, and <br />recorded in Book of Mortgages. on <br />Page of <br />Register of Deeds <br />6A0 991.907 HUD- 92143M (9 79) <br />
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