Laserfiche WebLink
L <br />Vv V V V 1 o u <br />10. That the Mortgagor will kc.p the buildings upon said premises in good repair, '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. 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 the note which it is given to secure remaining unpaid, are herehy assigned by the <br />Mortgagor to the Mortgagee, and shall he paid forthwith to said Mortgagee to he applied by the latter nn 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 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 dated subsequent to the time from the date of this mortgage, declining to insure said <br />roue and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee tw holder of The note <br />may, at its option, declare all sums securred 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 sum 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 shall be included in the decree of foreclosure: and the contract emMxlied in this mortgage <br />and the note 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 shalt 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 he void and said premises released at the expense of the Mortgagor; otherwise to he and remain in full force and effect. <br />IN WITNESS WHEREOF, the Mortgagor(s) ha ve hereumoset their hand(s) the dav and vearfirst <br />above written. <br />In presence of: <br />SEAL J <br />C <br />r ` ( _ "t hoc /1 I SEAL I <br />CHMYL A' BR01 , <br />" ! SF.n1. t <br />I SEAL j <br />j SEAL I <br />STATE OF NEBRASKA. <br />ss: <br />COUNTY OF Hall <br />On this 13th dayof December AD 1985 before nre,Beverly J. Brewer <br />a Notary Public in and for said County. personally came - Clark D. Brown and Cheryl <br />A. Brown, Husband and Wife <br />personally to me known <br />to be the identical person s whose name are affixed to the above and fore - <br />Ong instrument as Mortgagor, and have acknowledged the said instrument and the <br />execution thereof to he their voluntary act and dged. for the purposes therein expressed. <br />In testimony whereof. I have hereunto set my hand and affixed by notary seal at Grand Island <br />on the day and dale last above written. -) <br />CEMEIAL i ^tA9Y Stair d xeLraska < ( / ��, (,( ce �c <br />Bw�rtv�.8;;riaEt7 BEVERLY J.!, RF. R Notary Public <br />S'TATEOFNEDRASKA ss <br />Filed for record this day of <br />at o'clock <br />recorded in (took <br />Page of <br />A.D.ly <br />M., and entered in Numerical Index. and <br />of Mortgages, on <br />Register of Deeds <br />UFO .0.. a. M it) 91tA3M 0 19! <br />