I IJ). "iFtat the Mortgagor will k,
<br />upon sai the buildings upon said premises in good repair, )neither commit nor permit waste
<br />d land, nor suffer the said premises to be used for any unlawful purpose.
<br />I I. That if tha premises, or any part thereof, he 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
<br />Mortgagee, and stain es paid forthwith to said Mortgagee to he applied by the latter on account of then next
<br />maturing installments of such indebtedness.
<br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in-
<br />surafree under the National Housing Act within
<br />t of the Department of Housing and Urban Development or authorizef o m the oft the hereof (written
<br />ostateme nt of any officer
<br />rban
<br />E, Development dated subsequent W the time from the date of this mortgage, declining Housing intslure said
<br />note and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note
<br />may, 31 its option, declare all sums recurred hereby immediately due and payable.
<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 />fl 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 morn
<br />Q0 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 age may
<br />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 />g such foreclosure suit, and a r, r� and the note secured hereby, shall in all respects he governed, construed and adjudged by the laws of Nebraska. where the
<br />�V same is made_
<br />jThe 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 he applicable to all genders.
<br />The Foregoing conditions, all and singular, being performed according to their natural and legal import, this convevance
<br />shall he 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 :Murtgagorto ha
<br />above written. hereunto set handfs) the day and year first
<br />In presence of:
<br />8teve R. Ke= ISEALI
<br />( SEAI.
<br />tceltn I SEAI, i
<br />(SEAL(
<br />I SEAI.. I
<br />STATE OF NEBRASKA.
<br />COUNTY OF Hall ss:
<br />On this 19th day of
<br />a April . A.D. 19 85 .IKfore me. Sharon L.
<br />tarY Public in and for said County, Baker
<br />Sharon came
<br />Steve R. Kelm and Bonnie E. Keim, husband and wife
<br />to he the identical person S whose name personally to me known
<br />going instrument as Mori `fie atlixed to the above and fore -
<br />execution thereof to tre Mortgagor
<br />execution and have acknowledged the said instrument and the
<br />t�leir voluntary act and dSed, for the purposes therein expressed.
<br />In testimony whereof, 1 have hereunto set my hand and affixed by
<br />(wt the day and date last above written.
<br />�� MMraftMMAx
<br />STATE OF NEBRASKA
<br />41
<br />Filed for record this day of
<br />at o'clock or
<br />recorded in hook
<br />Page of
<br />f
<br />�l
<br />I
<br />I
<br />Not'7 seal at Grand Islat4
<br />Sharon L. Baker votrrry ! §,tlii
<br />October 10, 1988
<br />ti1.. and entered in Numerical Index, and
<br />of Mottftages. on
<br />Register of feeds
<br />
|