Laserfiche WebLink
.) 85-- 00248,E <br />!0. 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 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 assigned by the <br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be 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 be eligible for in- <br />surance under the National Housing Act within 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 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. <br />13. That 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 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 extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit, and a rea- <br />sortable attorney's fee, all of which shall 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 shall 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 />shall 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 Mortgagor(s) ha tie hereunto set their hand(s) the day and year first <br />above written. <br />In presence of: <br />T' <br />c Price <br />ISEALj <br />I SEAL I <br />��J! !.r4_1 ( SEAL. I <br />Mary Li L <br />I SEAL I <br />I SEAL I <br />STATE OF NEBRASKA. <br />S5: <br />COU NTY OF HALL <br />On this 22nd day of May A. D. 1985 , before me, the underisgri d, <br />Notary public in and for said County, personally came Richard Lee price and <br />Mary L. Price, each in his and her own right and as spouse of each other, <br />personally to me known <br />to he the identical person Swhose name s are affixed to the above and fore - <br />going instrument as Mortgagor, and they severally acknowledged the said instrument and the <br />execution thereof to be their voluntary act anddeed, for the purposes therein expressed. <br />In testimony whereof, 1 have hereunto set my hand and affixed by Notarial I at Grand Tslan4, N') ebraska, on the day and date last above written. <br />tt>�k /Ifwr�ttlwudgAnMa � • v *..tea ' <br />STATE OF NEBRASKA ss <br />Filed for reed this day of <br />at o'ckxk <br />recorded in Book <br />Page of <br />A <br />A.1). 19 <br />M., and entered in Numerical Index, and <br />of Mortgages, on <br />Register of Deeds <br />Go* N1 -00, 1-101) 9.14AM 0 191 <br />N <br />