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85005690
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Last modified
10/18/2011 3:19:44 AM
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4/1/2008 5:22:10 PM
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DEEDS
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85005690
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10. That the .Mortgagor will keep the buildings upon said premises in good repair, ai..'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, be condemned under the power of eminent domain, or acquired for a public <br />use, the damages awarded. the any for the taking of, or the consideration (or such acquisition, to the extent of the full <br />amount of indebeednes 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 instaltments 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 'daaed subsequent to the time from the date of this mortgage, declining to insure said <br />sate and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note <br />may. at option. &-clue alt sums sectared hereby immediately due and payable. <br />13. That if the Mortgagor fails to make any payments of money when the same become due, or faits 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 shat 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 />sonable attorney's fee, all of which %hail 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 hind, 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 WHERE-01'. the M,,ngagor(s) have hereunto set their hand(sI the day and year first <br />above written. <br />In presence oty/✓t /% <br />✓! -ri„v jSEALI <br />jSEALI <br />r <br />I SEAL I <br />I SEAL I <br />I SEAL I <br />STATE OF NEBRASKA. <br />�5. <br />COUNTY OF FIFIii. <br />On this 15th day of November . A.D. Ire 85. before m,. the undersigned, <br />a Notary public in and for said County. personally came Patrick S. Lo nergan and <br />Nancy R. Ianezgan, each in his and her am right arxi as spouse of each other, <br />. personally to me known <br />to he the identical person a whose name S are am red to the above and fore- <br />going instrument as Mortgagor, and they severally ackr :wledged the said instrument and the <br />execution thereof to be their voluntary act and dged, for the purposes therein expressed. <br />In ustimony *hereof. ! have hereunto set my hand and affix- by I3otdrid seal at Grand Is ]thin, Nebraska, <br />on the day and dale last above written. <br />Notary f hfic <br />STATEOFNEBRASKA %s <br />Filed for record this day 4 <br />at o'clock <br />recorded in Book <br />par of <br />A. D. 19 <br />M., and entered in Numerical Index, and <br />of Mortgages, on <br />Register of Deeds <br />® -O bo'.j." .411.)921/3M 19 191 <br />OR <br />
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