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11^ a O r� 1 ui CO L 10. That the Mortgagor +Fill keep the buildings upon said premise~ in good repair. a ... t neither conrrnit nor permit rwaste upon said land, nor suffer the .aid premises to he used for any unlawful purpose. 11. That if the premise.. or any part thereof, he condemned under the power of eminent domain, or acquired for a public use. the damages awarded, the proceeds for the taking of, or the consideration for such acquisition. Io the extent of the full amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the Mortgagor to the Mortgagee. and shall he paid forthwith to said Mortgagee to he applied by the latter on account of the next maturing installments of such indebtedness. 13. 'The Mortgagor further agrees that should this mortgage and the note secured hereby not be- eligible for in- surance tender the National Housing Act" ithin Sixty days from the date hereof (written statement of any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the sixty days time from the date of this mortgage. declining to insure said note and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note may. at its option, declare all sums recurred hereby immediately due and payable. ** See Below 13. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to and comply with any of the conditions or agreements contained in this mortgage, or the note which it secures. then the entire princi- pal sum and accrued interest shall at once become due and payable. at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately for the whole of said money. interest, monthly payments. costs. ground rents, taxes and 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- sonable attorney's fee. all of which shall he included in the decree of 'foreclosure: and the contract emhodied in this mortgage and the note secured hereby. shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shall hind, and the benefits and advantages shall insure to, the respective heirs• executors. administrators. successors and assigns of the parties hereto. Whenever used. the singular number shall include the plural. the plural the singular, and the use of any gender shall he applicable to all genders. The foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance shall he void and said premises released at the expense of the Mortgagor, otherwise to he and remain in full force and effect. IN WITNESS WHEREOF. the Mortgagors) hit Ve hereunto set their handio the day and year first above written. in presence of: * *This option may not be exercised by tA mortgagee when the ineligibility for insurance under the National Housing Ac7 is due to the mortgagee's failure to remit. the mortgage insurance premium to the Department of Housing and Urban Development. I SEA[ -1 Howard L. Maxon I SF-AI. I J %l �1 f`' I SEAL I Colleen A.Maxon I sF.a[. I I SEAL. I STATE OF NEBRASKA. `y 1+% COUNTY OF Hall 1 On this 11th day of Ck•f.ober A.D. Iv $ti , before me. a Notary Public m and for said County, personally came Howard L. Maxon and Colleen A. Maxon, husband and Wife personally to me known to he the identical person s whose name s are acknowledged affixed to the above and fore- the said instrument and the going instrument as Mortgagor. and they have r he i r' wolunlan act and ]led, for the purposes therein expressed. execution thereof to be In testimony whereof. I have hereunto set my hand and affixed by not ar is legal at Grand Island on the day and date last above written. �LiTj tir� o ran r'uh6c a l STATE OFNFBR ASK A ss Filed for record this day of M.. A.1). 19 and entered in Numerical Index. and at o'clock recorded in Bark of Mortgages, on Page of Rcgisler of Deeds .moo ."i ..' MW921a ;M 01 "'o