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<br />10. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit nor permit waste
<br />upaasaid land,-ear suffer the said premises to be hsed for any unlawful purpose.
<br />11:,Thatif thepreinises, nr any part thereof, be condemned under the power of eminent domain, or acquired for a public
<br />use, tht damages awarded, the proceeds for itte taking of, or [he consideration far such acquisition, to the extent of the full
<br />amount of indebtednes upon-this mortgage atrcl the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgagee. and shall lte paid forthwith to said Mortgagee to be applied by the latter on account of [he next
<br />maturing ihstallments of such indebtedness.
<br />IZ, "Phts. Mortgagor ftuther agrees that should=-this mortgage and the note secured hereby not he eligible for in-
<br />sutatiee.under the 3+latianat Housing At:t within from the date hereof (written statement of any officer
<br />of-rho Departttietit of Houstag=and Urhan Development or authorized agent of the Secretary of Housing and Urban
<br />Developmentdated subsequent to the time from the date of this mortgage, declining to insure said
<br />(talc and this-.mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee ar holder of the note
<br />may,atits option, declare all-sums sectored hereby immediately due and payable.
<br />13. That if the Mortgagor faits to make any payments of money when the 'same became due, or faits to conform to and
<br />eomp}y with angof the conditions ar agreemenes.contained in this mortgage, ar the note which it secures, then the entire princi-
<br />pal sutrt and accsued interesE shall a[ once become due and payable, at the election of the Mortgagee; and this mortgage may
<br />thereitpon be foreclosed immediatety far the whole of said money, interest, monthly payments, costs, ground rents. taxes and
<br />the cost of extending [he abstract of bite 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 contrset embodied in this mortgage
<br />aM-the note secured hereby, shat( in al[ respects be 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 />piuraf the singutar, and the use of any gender shaft be applicable to all genders.
<br />The foregoing conditions. all and singular, being performed according to their natural and legal import, this conveyance
<br />shaft tm 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 Mortgagonsl ha ve hereunto set their handfs) the day and year first
<br />above written.
<br />In presence af:
<br />~, ;
<br />,. ,' ~ .; ~
<br />L ~ ~ ~'~ c--:%y=e-=Y~ ~v /f"~ C r~`.'~+ [SEAL 1
<br />- ..-.._~ iT`~' ' . 1~ - ~- _ ,`~~ an rates
<br />ferry A. Piper sst Vice Pres. "'~ ~~' '
<br />~ _~ ancy J rams [SEAL.
<br />` (SEAL)
<br />[SEAL)
<br />iSEALJ
<br />STATE OF NEBRASKA.
<br />GPO GQt-13B
<br />i ss:
<br />COUNTY OF Hall
<br />On this 2nd day of February , A.D. 19 83, before me, Betty Buddeke
<br />a Notary Public in and far said County. personally canto
<br />Steven R. Grates and Nancy A. Grams
<br />day of A.U. i4
<br />;vt., and catered in Numerical Index, and
<br />of Mortgages, on
<br />Register of Deeds
<br />. personally [a me known
<br />to be the identical person s whose names are afixed to the above and fore-
<br />going instrument as Mortgagor, and have acknowledged the said instrument and the
<br />exeetuton thercoF to be their voluntary act and deed, far the purposes therein expressed.
<br />!n testimony whereof,l have he .un s ~ ~~ j? seal at~rartd Island, Nebraska
<br />on the day and date tact above written ~~
<br />w Atha ~ ~ ~)~
<br />y Natarv Public
<br />t+tt[t s~taara ts-rst
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