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r a r- 11 85-% oo54n 10. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit nor permit waste upon said land, nor suffer the said premises to be used for any unlawful purpose. 1 I. That if the p VMiMs, or my part thereof. be condemned under the power of eminent domain. or acquired for a public use, the daRMM - -- A , *9 proceeds for the taking of, or the consideration for such acquisition, to the extent of the full amount of in i h du upon tiffs nortW and the note which it is given to secure remaining unpaid, are hereby assigned by the Mortgtgor to the MINOWe♦ sled " be paid forthwith to said Mortgagee to be applied by the latter on account of the next maturing installments of sw* indebtedness. I:. The Mortgaw further agrees that should this mortgage and the note secured hereby not be eligible for in- surance under the National Housing Act within 30 Da s from the date hereof (written statement of any oficer of the Department of Housing and Urban Developrt�ent or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the Stated 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 securred hereby immediately due and payable. *SEE NOTE 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 be included in the decree of :foreclosure: and the contract embodied 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 be applicable to all genders. The foregoing conditions. all and singular. being performed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor: otherwise to be and remain in full force and effect. I N WITNESS WHEREOF. theMorigagorisihaVC, hereunto set their hand(si the day and year first above written In presence of iSEALI John il. Reeve ,rr;�. • /i e -- r - I SEAL I Peggy L. Reeve 1SEAL I SEAL I 1 SEAL 1 o si t.t )9 STATE OF NEBRAiK A ss COt:NTY'OF I(AL1. I` i ()It this 31st day of Or I),r A D N SS heforeme. J Votary Public in end for ,aid Counts- personally came kin It. '. Reeve and Peggy L. Reeve, husband and .+: fe, personally [o me known ro he a identical persons whose name s art_. affixed to the above and tote- going instrument as Mortgagor. and t hey have a,knowledged the said instrument and the execution thereof to be t lie L r � t iuntar', err and deed, for the purposes therein expressed. In testimony whereof. I have hereunto ,e[ my hand and affixed bs )f f 1 z, to 1 seal at .:rand I s I and , Nebraska on the day and date last above written RMI WM sf MMtass ,01 n aim IL outs ,votary Public STATE OF NEBRASKA s1 Filed for record this Jar of A D 19 re u dock M , and entered in Numerical Index, and recorded in Book Psge of art Mortgages, on Register of feeds *12. !TOTE: This option may not be exercised by the mortgagee when the ineligibility for insurance under the National Housing Act is due to the mortgagee's failure to remit the mortgage insurance premium to the Department Of Housing .and Urban Development. t.: