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85006153
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85006153
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Last modified
10/18/2011 4:21:06 AM
Creation date
4/1/2008 5:31:16 PM
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DEEDS
Inst Number
85006153
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L <br />"' 00615, <br />10. That the Mortgagor will k 'the 'huildi tp<m said premises in good repair, neither commit nor permit waste <br />upon said land, nor suffer the said premise, to he used for any unlawful purpose. <br />h1. That if the premises. or an) ,part thereof. he condemned under the power of -eminent domain. or acquired for a public <br />use, the damages awarded, the proceeds for the taking of. or the consideration for such acquisition, to the extent of the full <br />amount of indebtednes upon this mortgage and ibe 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 he applied by the latter on account of the next <br />maturing installments of :such indebtedness. <br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- <br />surance under the National Housing Act within 180 days from the date hereof (written statement of any officer <br />of the Department of Housing and Urban Development or authorized agent (if the Secretary of Housing and Urban <br />Development dated subsequent to the 180 days time from the date of this mortgage, declining to insure said <br />note and this mortgage, being deemed conclusive proof of such ineligibility). the 'Mortgagee or holder of the note <br />may, at its option, declare all sums securrcd,herebyimmediately due and payable. <br />13. That if the Mortgagor fails to make anv 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 sum and accrued interest shall at once become due and payable. at the election of the Mortgagee: and this mortgage may <br />thereupon he 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 commencine such foreclosure suit. and .a rea- <br />sonable attorney's fee, all of which shall he included in the decree of !foreclosure: and the contract embodied in this mortgage <br />and the tote secured hereby. shall in all respects he 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 he applicable to all genders. <br />The foregoing conditions. all and singular. being performed according to their natural and legal import, this conveyance <br />,hall he void and said premises released at the expense of the Mortgagor: otherwise to he and remain in full force and effect. <br />1N WITNESS WHEREOF, the Mortgagor(s) ha ve hereunto set their hand(s) the day and year first <br />above written. <br />In presence of: <br />t <br />'A <br />i SFA1. i <br />j SEAL 1 <br />s SEAL I <br />u ie A. Kohtz <br />I Sf_A1. <br />SEAL) <br />STATE OF NEBRASKA. <br />COUNTY OF Hall <br />On this 12th day of December . A. 1). ly 85 . hcf ore me. the undersigned <br />Notary Public in and for said County. personally came <br />James A. Kohtz and Julie A. Kohtz, husband and wife, <br />. personally to me known <br />to be the identical person s whose name s are affixed to the above and fore - <br />going instrument as Mortgagor. and they acknowledged the said instntmeni and the <br />execution thereof to he their ti olunlar% act and deed. for the purposes therein expressed. <br />In re nmony whereof. 1 have hereunto set my hand anti affixed by notarial seal al Grand Isl.4nd <br />on the day and date la. a <br />MY CoNdAr _ v <br />W, S..heM`` <br />iA1 Mc il.t�pryr a Notary Public <br />408 12 1*a <br />STATE OF NEBRASKA ss <br />Filed for record this day of A.D. ly <br />at o'clock M.. and entered in Numerical Index, and <br />recorded in Hark of Mortgages. on <br />FlaUe of <br />Rcgrstcr (if Derds <br />191.0 601 - 1 141 J() U11182M Iq '9I <br />I <br />
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