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<br />r
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<br />83- 001035
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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 />upon said land, nor suffer the said premises to be used for any unlawful purpose,
<br />II. 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, to 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 shall be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />maturing installments of such indebtedness,
<br />12, The Mortgagor further agrees that should this mortgage and the note secured he,eby not be eligible for in-
<br />surance under the National Housing Act within 2 months from the date hereof (written statement of any officer
<br />of the Department of Housing and Urban Development or aUlhorized 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 />note and this mortgage, being deemed conclusive proof of sllch ineligibility), the Mortgagee or holder of the note
<br />may, at its option, declare all sums securred hereby immediately aile and payable,
<br />13. That if Ihe Mortgagor fails to make any 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 el,ction of the Mortgagee; and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interesl, monthly payments, COSIS, ground rents, taxes and
<br />the cost of extending the abstract of title from the date of this loan to the time of commencing such fo,eclosure 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 all respects be governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants 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 shall include the plural, Ihe
<br />pluralthe singular, and the use of any gender shall be applicable 10 all genders,
<br />The foregoing conditions, all 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 />
<br />IN WITNESS WHEREOF, the Mortgagor!s) ha ve
<br />above written,
<br />
<br />hereunto set
<br />
<br />their
<br />
<br />hand(s) the day and year first
<br />
<br />In presence of;
<br />
<br />4~~
<br />
<br />Howar Reeier, Jr.
<br />
<br />Yat/J-I/t4~7 '-/feA'/h in
<br />/v
<br />Kathleen A. Reier
<br />
<br />[SEAL]
<br />
<br />[SEAL]
<br />[SEAL]
<br />[SEAL]
<br />[SEAL]
<br />
<br />GPO 941.138
<br />
<br />STATE OF NEBRASKA,
<br />COUNTY OF Hall
<br />
<br />} ss;
<br />
<br />On this 2nd day of March
<br />a notary public
<br />
<br />, A,D, 19 83, before me, the undersigned
<br />in and for said County, personally came '
<br />
<br />Howard Reier, Jr. and Kathleen A. Reier, husband and wife
<br />
<br />to be the identical person swhose name s are
<br />going instrument as Morlgagor, and THEY
<br />execution Ihereof to be THEIR
<br />
<br />, personally 10 me known
<br />affixed to the above and fore-
<br />acknowledged the said instrument and the
<br />volumary act and deed, for Ihe purposes Iherein expressed,
<br />
<br />In teslimony whereof, I have hereunlo sel my hand and affixed by
<br />on Ihe day and date last above written,
<br />
<br />J;-, MII1MY-It....._
<br />RICHARO VAN Z'tL
<br />My Comm. eo...IM. %1, 1_
<br />
<br />sealal
<br />notarial Grand
<br />/'J J
<br />,L-/d' i~
<br />
<br />Island, Nebraska
<br />
<br />
<br />~ary Public
<br />
<br />
<br />STATE OF NEBRASKA
<br />
<br />ss
<br />
<br />fil<id for record this
<br />at," o'clock
<br />, re~ortIe4 in Book
<br />Iijge of
<br />
<br />day of
<br />
<br />A,D,]9 ,
<br />M" and enlered in Numerical Index, and
<br />of Mortgages, on
<br />
<br />Regisler of Deeds
<br />
<br />L
<br />
<br />HUU.92143M (9./9)
<br />~ ""0 i>1l~\';",J
<br />
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