85006356 - Laserfiche WebLink

Browse

85. 006356 10. That the Mortgagor will k. . the buildings upon said premises in good repair.. )liieither commit nor permit waste upon said land, nor suffer the said premises to he used for any unlawful purpose. 11. That if the premises. of 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 full amount of indeblednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the .Mortgagor 14Li 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. 1'. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- sur .. awe under the National Housing Act within Sixty days 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 six time from the date of this mortgage. declining to insure said note and this mortgage. being deemed cone tZ -days proof of such ineligibility). the Mortgagee or holder of the note may, at its option, declare all sums secuffed hereby immediately due and payable. 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 -hall at once become due and payable, at the election of the Mortgagee; and this mortgage may tberatpon be foreclosed immediately for the whole of said money, interest, monthly payment,,,,. 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 he included in the decree of foreclosure: and the contract embodied in this mortgage and the note stewed hereby, shall in all respects be governed, consiTucd 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 natural and legal import, this conveyance shall he void and said premi%Ss released at the expense of the Mortgagor: otherwise to be and remain in full force and effect. I% WITNESS %k'HEREOF. the kloripgot(Nlha ve hereunto set their hand(s) the day and veat first above written. In presence of: I SEAL I Jo I*ph G. Anderson i SEAL I I SEAL- I Kim berly,_ Anderson I SEAL I 1 SEAL I %MATE OF NEBRASKA. COUNTY OF Hall On this 23rd day of December A.1). 114 85. before Inc. Notary Public in and for said Count), personally came Joseph G. Anderson and Kimberly M. Anderson, Husband and Wife - personally to me known to he the identical person S whose name s are affixed to the above and fore- going instrument as Mortgagor. and they have acknowledged the said instrument and the execution thereof to be their voluruan act and dqed, for the purposes therein expressed In testimony whereof, I have hereunto set my hand and affixed by notarial-%cal at Grand Island on the day and date last above written. Notary Public STATE OF NEBRASKA ss Filed for record this day of at o*ckwk recorded in Book Mille Of A.D. 19 M.. and entered in Numerical Index. and of Mortgages. on Register of Deeds ' Y'..0' -L ", Ili W Qiilk kh, �9 q)