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M. That the Mortgagor will kw,, the buildings upon <br />upon said land, nor suffer the said premises to he used for any unl <br />awful suun good repair. a.. neither commit nor permit waste <br />I1. That if the purpose. <br />m use, the damages awa�dea the proceeds for the taking of, or the consideration fort such acquisition. to he extent of the full <br />Q amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the <br />CC Mortgagor to the Mortgagee, and shall he paid forthwith 10 said Mortgagee to he applied by the latter on account of the next <br />CC maturing installments of such indebtedness. <br />Q 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- <br />Q surarim under the National Housing Act within sixty 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 Urban <br />Development dated subsequent to the sixty time from the date of this mart <br />note and this 'mortgage, being deemed conclusive sproof of such ineligibililv). the Mortgagee ge o fining to insure said <br />may. At'" option. declare all sums recurred hereby immediately due and payable. dtt holder of the note <br />13. That if the Mortgagor fails to make any payments of money when the same become **See Below 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 electron of the Mortgagee; and this mortgage may <br />thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground <br />the cost of extending the abstract of title from the date of this loan rents, taxes and <br />to the time of commencing such foreclosure suit, and a 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 />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 he and remain in full force and effect. <br />IN WITNESS WHEREOF, the Mortgagor(s) ha ve hereunto set their <br />above written• hand(s) the day and year first <br />In presence of: <br />"This Option tmynot be exercised by <br />the mortgagee when the ineligibility Lynn C. Black [SEAL] <br />for insurance tinder the National y <br />Housing Act is due to the Mortgagee's 1 �, / I SEAL ) <br />failure to remit the tort I SEAT_ I <br />prertitm to the Department �f insurance J W. Black <br />and Urban Developme of Housing [SEAL] <br />ISEALI <br />STATE OF NEBRASKA, <br />ss: <br />COUNTY OF gall <br />a On this 17th day of July A.D_ 19 gs before me. <br />Notary Public in and for said County, personally came <br />Lynn C. Black and Joan W. Black, Husband and Wife <br />lobe the identical persons whose names personally to me known <br />fore- <br />going instrument as Mortgagor, and the have <br />affixed to the above and execution thereof to be y acknowledged the said instrument and the <br />their voluntary act and dged, for the purposes therein expressed. <br />In testimony whereof, l have hereunto set my hand and affixed by notaria 1 seal at Grand Island <br />on the day and date last above written. 1 l <br />OOIiI�II IL RtllpElt <br />(�Msloft Notary Pub& <br />STATEOFNEBRASKA ss <br />Filed for record this day of <br />at o'clock A.D. 19 <br />recorded in Hook M., and entered in Numerical index, and <br />Of of Mortgages, on <br />Register of Deeds <br />ar•o Doi. ., HUD-92143M (9.791 <br />of <br />1 <br />