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86-- 106856 <br />10. That the Mortgagor will keep the buildings upon said premises in good repair. and 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 put thereof, he condemned under the power of eminent domain, or acquired for a public <br />use. the damage3 awarded, the proceeds for the taking of. or the consideration for such acquisition. to the extent of the full <br />amount of indebWaes 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 shag be paid forthwith to said Mortgagee to be applied by the latter on account of the next <br />maturing itstallmm t of such indebtedness. <br />12. The Mortgagor furtber agrees that should this mortgage and the note secured hereby not be eligible for in- <br />surance under the National Housing Act ' 30 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 Urhun <br />Development dated subsequent to the Stated time from the date 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 note <br />may, at its option, declare all sums recurred hereby immediately due and payable. *SEE NOTE BELOW <br />13. Thar if the Mortgagor fails 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 sum and accrued interest shall at once become due and payable, at the election of the Mortgagx: 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 />sonableattorney's fee, all of which shalt 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 shalt 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 />shali be 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 hereunto set their hand( s) the day and year first <br />above written. <br />In presence of: <br />J SEAL <br />Douglas S ; <br />I SEAL I <br />Delores A. Roberts <br />ISEALI <br />ISEALI <br />ISEALI <br />GPO 941.138 <br />STATE OF NEBRASKA. <br />COUNTY OF HALL <br />On this 24th day of November . A D 19 86 , before me, <br />a Notary Public in and for .aid County. personally came <br />Douglas S. Roberts and Delores A. Roberts, husband and wife, <br />. personally to me known <br />to be the identical person s whose name s are affixed to the above and fore - <br />Ong instrument as Mortgagor. and they have acknowledged the said instrument and the <br />execution thereof to be their voluntary act and deed, for the purposes therein expressed. <br />In testimony whereof, I have hereunto set my hand and affixed by Official5eal at Grand Island <br />on the day and date last above written. <br />lawsl* of � Notary Public <br />COMMIE S. PALES <br />�L E, lkt .1, gi% <br />STATE OF NEBRASKA ss <br />Filed for record this day of A.D. 19 <br />at o'clock M., and entered in Numerical Index. and <br />ricorded'in Book of Mortgages. on <br />Palle of <br />Register of Deeds <br />, 1 *12. NOTE: This option may not be exercised by the mortgagee wheii the <br />ineligibility for insurance under the National Housing Act is due to the mortgagee's <br />failure to remit the mortgage insurance premium to the Department of Housing and Urban <br />Development. <br />