85005839 - Laserfiche WebLink

Browse

85-', 0,05839 10. That the Mortgagor will keep the buildings upon said premises in good repair. anti neither commit nor permit waste upon said land, nor suffer the said premises to he used for any I. unlawful purpose. 11. That if the premises, 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. to the extent of the ful! amount of indehtednes 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. 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- surance under the National Housing Act within 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 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. B. 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 io 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 he governed, construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shall bind, 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 naiural and legal import, this conveyance shall he void and said premis4, released at the expense of the Mortgagor: otherwise to he and remain in full force and effect. IN WITNESS WHEREOF. the Mortgagor(s) have hereunto set their handis) the day and year first above written. In presence of: j SEAL. I t I SEAL 1 ar11.G72 OIS I SEAL I I SEAL. I STATE OF NEBRASKA. COU NTl• OF HALL, On this 25th day of NovaTtk>Er . A.D. ty 65. tx:fore me. the urtdersigraeci , a Notary Pub.Lic in and fur said County. peromdh came Mark R. Forsberg and Janice E. Forsberg, each in his and her cwn right and as spouse of ea ch other, . personally to me known to he the identical person whose name S are affixed to the atwve and fore- going i►tstrument as Mortgagor, and they several ly acknow ledged the said instrumenr and the execution thereof to he their %Olunuatp ac! and of ed. for the purposes !herein expressed. In testimony whereof. I hayr hereunto set my hand and a d by Notarial seal at Grasta Is143YJ, Nebraska, on the day and date last above written. �dMrbnYS WW *Olio& % 1'ordn Puhlic STATIC OF NI; BRASKA ss Filed for record this day of at o'clock recorded in Back Page of 0 AA) ly M ,and entered in Numerical Index. acid of Mortgages, on Register if Deeds r h i{S