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12. The Mo"Mw further agrees that should this mortgage sod the note secured hereby not be eligible for insurance <br />taMee tMe Nauonnl Homiag Act within 1.80 dais, from ' the date hereof (writttm statement of any officer of the <br />st <br />DOWUN of HomiaR and Utbaa Development or authorized agent of the Secretary of Housing and Urban Development <br />dttMd arbsagttedt to she 1.80 day time from the date of this mortgage, declining to loure. said note and this <br />NO' . 11111 011 dawned WwAuSive proof of such Wftbiluy/. the Mortgagee or holder of the note may, at its option, <br />Aeclat"ari rotas secared hereby imtaediatsiy due and payable. This option may not be exercised by the ;mottgagee' when the <br />balwailily AN ismnsece tender the Nation d Housing Act is due to the mortgagee's failure to retort the Mortgage Insurance <br />Ptt+aiwn;so the DlpartW" of Houriag and Urban Development. <br />13:' That it iha JKdirt (was to suite say payments of money when the same became due, or fails to conform to and <br />ebapiy «iNt ley of the condition or agwessents contained in this mortgage, or the [tote which it secures, that the entire <br />peitaprl::auta and accraed isKaeat slna0 at once biome due and payable, at the election of the Mortgaga; and this mortgage <br />say <br />be fosaclaedediatdy for the whak'of said money. interest, monthly payments, costs, ground rents, taxes <br />aced dla Qai! of e+itaadag tie sbaracr of t&le'from the date of dos loan to the time of commencing such foreclosure wit. and <br />a reron le astaeeey's lee, Mg of which AM be included in the decree of foreclosure; and the contract embodied in this <br />tied the mote wicmod hereby. shall in an respects be governed, consittted and adjudged by the laws of Nebraska, <br />w6atefia attsre is tttade. <br />The covdrt®ts bade contained shalt bind, and the benefits aid advantages shall insure to, the respective heirs, <br />aucrsors.'adaset + ators. saccesim and assiigus of the parties hereto. Whenever used, the singular number shall include the <br />phtrat, the plural the sir, attd the use of any gender shall be applicable to all genders. <br />The fotsoins rnadhions. all and singular. being performed according to their natural and legal import, this <br />conveyance shall be void and said premises released at the expense of the Mortgagor; otherwise to be and remain in full force <br />and ettect. <br />IN WITNESS WHEREOF. the Mortgagoris) ha ve hereunto set their hand(s) the day and year <br />test above written. <br />In pretence of: <br />_[SEAL) <br />by i s 3. i M" "hrocee <br />{SEAL] <br />— JSEALJ <br />Leonard L. Amhroee <br />STATE OF NEBRASKA. <br />COUNTY OF <br />Hall ss. <br />On OW30th day of0c toher A.D. 19 R6, before me. <br />a in and for said County. personalty carne <br />Phyllis J. Ashrose and Leonard L. Ambrose. HUS&AUNND AND WIFE personally to me known <br />W be identical rx* name me a are affixed to the above and <br />foesgoleg fostrument as Mortgagor, and thr'T acknowledged the said instrument aad the <br />erwctrtion thereof to be their voluntary act and deed, for the u <br />p rPoses therein expressed. <br />to testimony whereof, 1 have hereunto set my hand and affixed by seat at <br />on the day and date last above written. , <br />N - <br />__ AMA gll M40 d amilla <br />0 - - K&W L~ <br />* ulna t* * I/Notary Public <br />SIy COMMISSION EXPIRES: <br />STATE. OF NEBRASKA ss <br />Piled for record this day of A.D. 19 <br />at o'dock M., and entered in Numerical Index, and <br />add in Book of Mortgages, on <br />Page Of <br />iJ <br />