|
<br />10. That the Mortgagor wiH keep the buildings upon said premises in good repair. and neither commit nor permit waste
<br />upon said land, nor sufferthe said premises to be used for any uniawfui purpose.
<br />t 1, That if the premises, or any part thereof, be condemned under the power of emineat domain, or acquired fora public
<br />use, the damages awarded, the proceeds far the taking of, or the consideration for such acquisition, to the extent of the fuH
<br />amount of irtdebtednesupom this mortgage and the note which it is given to secure remaining unpaid, aze hereby assigned by the
<br />Mortgagor to the Mortgagee, and shalt be paid forthwith to said Mortgagee to be applied by the tatter on account of the next
<br />maturing installments of such indebtedness.
<br />72. The Mdttgagar further agrees that should this mortgage and the note secured hereby not be eligibte for in-
<br />surance underthe National Hausimg Actwithim 60 ~ g from the date hereof (written statement of any officer
<br />of the Department of Housing and Urban De'-eiapment ~r authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequtnrto the 60 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 alt sums recurred hereby immediately due and payable.
<br />i9. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to and
<br />rompry with any of the conditions or agreements contained in this mortgage, or the note which ii 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, monthry payments, costs, ground rents, taxes and
<br />tbe cost o€ extendingthe 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 doreclnsure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed. construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants hereto contained shat! bind, and the benefris and advantages she!! insure M, 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 amy gender shall be applicable to all genders.
<br />The foregoing conditioms, alt and singular, being performed according to their natural and legs{ 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 />tN WITNESS WHEREOF, the Mortgagortsl Luke hereunto sat thFir hands} the day and year first
<br />above v;ritten.
<br />fn presence of: ,,1~
<br />o^^~ [SEAL
<br />J ~e D. Terser
<br />[SEAL[
<br />f _ .. -•YZ~C;'' (SEAL]
<br />Diarute M. Terser
<br />[SEAL.)
<br />[SEAL[
<br />GPO 901.148
<br />STATE OF NEBRASKA, ~R
<br />ss:
<br />COUNTY OF Hall ~tw.~;Jwu4tlli .
<br />Onthis 18th daYof January 4.D.14g3.befarcmc, i~,=:U~~;rt~J..,, {~; Lt~;,~p.,,
<br />a n }nand far said County, pers,~nally carte
<br />Notary uhiic ,i ;~:1.'c. r~ ~.Ei%~sc.~t1
<br />personalty to me known
<br />to be the identical prrsomg whose names are affixed to the alwve and fore•
<br />going instrument as Mortgagor, and they acknowledgtd the said instrument and rho
<br />execution thereof to be t}le].r s aluntary act and deed, for the purposes therein expressed.
<br />In tcsumuny whereof, I have htreunto stt my hand amt affixed by ',Votary seal at ~~ Igj3~
<br />on the day and date last above written. _.----,
<br />My Cemni.ssion f~tpires: ~;:~=~f`~= `~~,v_-~,7r.•,~, %~ GY~lorary Public
<br />STATE OF NEBRASKA rs
<br />s
<br />Fikd tot record this
<br />-~- at ,o'clock
<br />reeor~d im @aok
<br />,. .~ ~ o[
<br />day of A. D. 14
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />Register of Deeds
<br />:~
<br />~(.
<br />ftiif.~tbY[d~rA cYi--Stl?
<br />.hS ti~s-a>•
<br />
|