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<br />to. That the Mortgagor will keep 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 />t 1. That if the premises, or any part thereof, be condemned under the power of eminent domain, or acquired for a public
<br />use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition, [o the extent of the full
<br />amount of indebtednes 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 shalt be paid farthwith to said Mortgagee to be applied by the latter on account of the neat
<br />maturing instaifrnents of such indebtedness.
<br />12. The Mortgagor further agrees that shoatd this mortgage and the note secured hereby not be eligible for in-
<br />suranceunder the National housing Act within Sixty Days from the date hereof {written statement of any officer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the Sixty Days time from the date of this mortgage, declining to insure said
<br />dote and this mortgage, being deemed conclus7ve proof of such ineligibility), the Mortgagee or holder of the note
<br />may, at its option; declare all sums securred hereby immediately due and payable.
<br />13. That if Ehe Mortgagor fails to make any payments of money when the same become due, or faits 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 shah at once become due and payable, at the election of the Mortgagee: and-this mortgage may
<br />thereupon be foreclosed immediately far the whole of said money, interest, monthly payments, costs, ground rents, taxes and
<br />the cost of extending the abstract of title from the date of this loan to the time of commencing suchforeclosure sui4 and a rea-
<br />sonable a#torney's fee, al! of which shah be included in the decree of tforeclosure; and the contract embodied in this mortgage
<br />and the note secured hereby, shaft in all respects be governed, construed and adjudged by the laws of Nebraska, where ttta
<br />same is made.
<br />The 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 shalt include the plural, the
<br />plural the singular, and the use of any gender shall be applicable to all genders.
<br />The foregoing conditions, all and singular, being performed according ro 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 />tNWfTNESSWHEREOF,theMongagorislhave hereun[oset their hand(s)thedayandyearfirst
<br />above written.
<br />In presence of:
<br />!~&,. ~ `L' ¢~~ (SEAL]
<br />KENNETH W. PLACE
<br />.(SEAL]
<br />[SEAL]
<br />RITA C. PLACE
<br />(SEAL]
<br />.~~ ° -.
<br />~'_~t"\..ct L: _ `-:''S~ k to ~ i (SEAL l
<br />GPO 967.138
<br /> STATE OF NEBRASKA, ~~.~~
<br /> Ss:
<br />~ ~
<br /> CfJUNTYOF Hall j ~a~/~
<br /> On [his 18th day of Februar y . A.ll. l9 83, taefare me.
<br /> a Notary Pu61ic in and for said County, perslnatly came
<br /> Kenneth W, Place & Rita C, Place, Htsband and Wife,
<br /> ,personally tome known
<br /> to be the identical persons whose names a re affixed to the above and fore-
<br /> goitlginstrument as Mortgagor, and they have acknowledged the said instrument and the
<br /> execution thereof « a be their voluntary act an d deed, for the purposes therein expressed.
<br /> In testimony whereof, 1 have hereunto sec my hand and ailixed by notaria ae~at Grand Islan , Nebras
<br /> on the day and date last above written.
<br />
<br /> '"y
<br /> `---~ Notary Public
<br /> t~
<br />~`
<br /> STATE OF NEBRASKA .s
<br />
<br /> Fitedforrecot`dfhis dati of 4. D. 19
<br /> at o'clock M., and entered in Numerical Index, and
<br />_~ reC4rded io Book of Mortgages, ua
<br />
<br />
<br />
<br />~- _ ~ Register of Deeds
<br />
<br />..t!i~-azloane to-rvt
<br />
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