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86- 106167 lo. That the Mortgagor will kc. o The buildings upon said premises in good repair.. ..ancither commit nor permit waste upon said land, nor suffer the said premises to be used for any unlawful purpose. I1. That if the premises, or any pan 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 indebiednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the Mortgages 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 s0 days time from the date of this mortgage, declining to insure said note and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note may, at its option, declare all sums securred hereby immediately due and payable. ** See Bolow 13. That if the Mortgagor fails to make any payments of money when the same become due. or fads to conform to r.std 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 once 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 tale from the date of this loan to the time of commencing such foreclosure suit, and a rea- sonable attorney's fee. all of which shall he included in the decree of foreclosure; and the contract embodied in this mortgage and the note secured hereby, shall in all respects he 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 plural, the plural the singular, and the use of any gender shall be applicable to all genders. The foregoing conditions, all and singular. being 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 WHEREOF. the Mortgago ns) have hereunto set their hand(s) the day and year first above written. In presence of: �! i i+ This option way not be exercised by the [SEA[. i mortgagee when the ineligibility for DOUG BERAN- insurance under the National Housing Act c f. % ( SEAL I is due to the mortgagee's failure to CYNTHIA BERAN resift the mortgage insurance premium [SEAL.) to the Department of Housing and Urban Development. ( SEAL l (SEAL( STATE OF NEBRASKA. ss: COUNTY OF HALL On this 27 thday of October A.D. 19� before me. a NOTARY PUBLIC in and for said County. personally came DOUGLAS RERAN and CYNTHIA RERAN, HUSBAND AND RIFE ,personally to me known to be the identical persons whose rame s have been affixed to the above and fore- going instrument as Mortgagor. and they have acknowledged the said instrument and the execution thereof to be their voluntary act and dged, for the purposes therein expressed. In testimony whereof. I have hereunto set my hand and affixed by off.i al seal at GRAND I on the day and date last above written. r �Mil�d i 1 Notary Public STATE OF NEBRASKA ss Filed for record this day of A.D. 19 at o'clock M.. and entered in Numerical Index, and recorded in Book of Mortgages, on Page of Register of Deeds spo 90+ -00: HUD 92143h4 49 791