r
<br />83---~007~~
<br />10: Thai the Mortgagor will keep'the buildings upon said premises in good repair, and neither commit nor permit waste
<br />upon said tandrttor sttfier thasaid premisesdo be used for any unlawful purpose.
<br />f 1. Ttiaf'ifthc premises: or any part thereof; be condemned under the power of eminent domain, or acquired for a public
<br />use; the damages awarded, tha'proeeedsfor the taking of, orthrconsideration for sucfi acquisition, to the extent of the full
<br />amount of (ndebtedues upon#his mortgage andthe note-which it is given to secure remaining unpaid, are hereby assigned 6y the
<br />Mortgagor to the Mortgagee, and shalt be'paid forthwith to-said Mortgagee to be applied by the latter on account of the next
<br />maturing iti§faliments of such indebtedness.
<br />I2. The. Miircgagor further agrees that should- this mortgage and the note secured hereby not be eligible for in-
<br />surance under the:National-Housing Act within p months from the date hereof (written statement of any officer
<br />of'the Department of Housing and`Ut'ban Dvelopment ar authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the 2 months time from the date of this mortgage, declining to insure said
<br />rtote and- this- morfgagr, iteing deemed cone{usive proof- of such ineligibility-), the Mortgagee or holder of the note
<br />may, at"its option; declares all soma securred hereby immediately due and payable.
<br />I3. That if the Mortgagor faits to make any payments of money when the same become due, or fails to conform to and
<br />comply with anyof [fie copditions or agreements contaimd in this mortgage, or the note which it secures, then the entire princi-
<br />pal-sum and accrued interest shall at once became due and payable, at the election of the Mortgagee; and this mortgagemay
<br />thereupon: be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes and
<br />the cosrof 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 embodied in this mortgage
<br />and-the note secured hereby, shall in alt respects be governed, construed and adjudged by the laws of Nebraska, where-the
<br />same is made.
<br />'Tltccovenants herein contained shall 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 shalt include the plural, the
<br />ptttral thesingular, and the use of any gender shat! be applicable to all genders.
<br />The foregoing conditions. ap 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 />IN WITNESS WHEREOF, the Mortgagorfs) ha ve hereunto set their hand(s) the day and year first
<br />above written.
<br />!n presence of:
<br />/'~ .
<br />r,~>
<br />~~~~ Rona d L. Schierling ~ (SEAL )
<br />- (SEAL(
<br />q ~
<br />,C~~~-~<.i' l'~; .~-~i%n r%.u;•'L.-~G.<,._.-cr1 (SEAL
<br />Doris A. Schier
<br />(SEAL]
<br />(SEAL]
<br />GPO 941.13!
<br />STATE OF NEBRASKA,
<br />ss: -
<br />COIiNTY OF Hall
<br />On }t,,,,s 1tJth day of February q D.19 $~xforeme. the undersigned,
<br />a n~Cary public in and fox said County, personally came
<br />Ronald L. Schierlirtg and Doris A. Schierling, husband and wife
<br />personalty to me known
<br />to be the identical person whose name s are affixed to the alwve and fore-
<br />goinginstrument as Mortgagor, and THEY acknowledged the said instrument and the
<br />execution thereof to be T~IR voluntary act and deed, for the purposes therein expressed.
<br />!n testimony whereof, I have hereunto set my hand and affixed by no taria~e~ at Grand Island, Nebraska
<br />on the day and dare-last above written. ,~ # ;
<br />~ i:F4ftRt M8t.1a1'-t{bMl /Cet~ ~.~~f ~"~'^
<br />RtCHAr(D Y!W ~ ~ Notary Public
<br />--: ,! ._ .. ,m EaiP. din-2t, tgbt
<br />STAFF OF NEBRASKA ss
<br />A.D.t9
<br />1f., and entered in Numerical Index, and
<br />of Mortgages, on
<br />Register of Deeds
<br />1+uo~ztaaat t,9ag2
<br />a•~ sao•a~r
<br />
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