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10: That the Mortgagor will ki:ep the buildings upon said premises in good repair, and 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 thertof, be condemned undtr the power of eminent domain, or acquired for a public <br />use: the` dama~s awarded, the proceeds for the taking of, or the consideration for such acquisition, to the extent of the full <br />("' amount of indebtedries 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 6y the latter on account of the next <br />maturing ilistallmentsnf such itMebtedness. <br />i2. The-Mortgagor further agrees that should this mortgagg and the note secured hereby not be eligible for in- <br />slirdnCe under the National Housing Act within 6D drys from the date hereof (written statement of any officer <br />o#=:ttie Dtpartmani-of Housing-and- Urtian Development or authorized agent of the- Secretary of Housing and Urban <br />#kveiopmentdated subsequeatto the 60 daps time from the date of this mortgage, decliningto insure said <br />- note and- this mortgage, being deemed conclusive pcaof of such ineligibility), the Mortgagee or holder of [he note <br />may, at its option, declare alt sums securred hereby immediately due and payable. <br />13, That ff the Mortgagor failsto make arty payments of money when the same become due, or fails 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 ode from the date of thisioan to the time of commencing such foreclosure suit, aad a rea- <br />sonabte attorney's fee, alt of which shall be included in the decree of doreclosure; and the contract embodied in this mortgage <br />and the note secured hereby, shall in al! respects be governed, construed and adjudged by the-laws of Nebraska, where-the <br />same is mad.. <br />Tht covenants herein contained shalt bind, 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 pluralrthe <br />plural the singular, and the use of any gender shall be applicable to all genders. <br />The foregoing conditions, alt 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 be 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 />i/~y ~~ ~ [SEAL] <br />Larrp~`D. Reown <br />.,may (SEAL[ <br />/ / r lL~,~:~1i t;{- ~..~IJlt`,~'Z.~' [SEAL I <br />Marcia A. Keown <br />(SEAL) <br />[SEAL) <br />STATE OF NEBRASKA, <br />ss: <br />COUNTYOF Hall <br />On this 25th day of January , A.D. 19 g J, before me, <br />a notary public 1n and for said County, personally Dame <br />Larry D. Keotan and Marcia A. Keown, husbaad and wife <br />sr..~t Grand Island, Nebraska <br />'"'~ U/U~GXL ~tiY1 C.t.JC.~ <br />.Notary Public <br />personally to me known <br />to be the identical person s whose names are affixed to the above and fore- <br />going instrument as Mortgagor, and they have acknowledged the said instrument and the <br />execution tllertof to be kheir voluntary act and deed, for the purposes therein expressed. <br />In testimony whtreof, f have hereunto set my hand am! affixed 6y <br />on the day and date last above written. <br />I~Mitt tMpR-trrtritktatb <br />fJlall Y~I <br />1lrOttaiBt~,~ )~ ~ <br />STATE OF NEBRASKA ss <br />Filed #or re6otd this daY of <br />ai _ o't:iock <br />iVC{.Afi.~'Sd-in BOOK <br />of <br />GPO 901.138 <br />A.D. 19 <br />M., and catered in Numerical Index, and <br />of Mortgages, on <br />Register of Detds <br />t+ua•a~laata ta•rna <br />pae~ Rxa.irs <br />