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<br />83- OCJ12G/
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<br />10, That the Mortg;\gOr wiD keep the buildings upon said premises in good repair, and neither commit nor permit waste
<br />upoIt saidJimd, norsulfer the said premises to be used for any unlawful purpose,
<br />II, That if the premises, or any part thereof, be condemned under tbe power of eminent domain. or acquired for a public
<br />use. the damages awatded, the proceeds for the taking of. or the consideration for such acquisition, to the extent of the full
<br />1Ull0UDt of indebtednes upon this mortgage and the ROte which it is given to secure remaining unpaid, are hereby assigned by the
<br />Ml,lfijplOl to 'the M:()I~~. iiild slNill ~ paid fn:-:hv.'1t..a..t to 8.3id Mortgagee to be applied by the latter 'On account 'Of the- next
<br />matUl'iniiQ~ of suchindebte4ness,
<br />12, TheM~ further agrees. that should this mortgage and the nOle secured hereby. not be eligible for in-
<br />surance uDder the National Housing Act ...ithin 2 months from the date hereof (written statement of any officer
<br />of the Department of HOllsing and Urban Development or authorized agent l,f the Secretary of HOllsing and Urban
<br />Development dated subsequent to tbe 2 months 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 itsoptioo, declare all sums sccurred hereby immediately due and payable,
<br />13, That if the Mortgagor fails 10 make any payments of money when the same become due, or fails to conform to and
<br />comply wilh any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi-
<br />palsum 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, 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 such foieclosure suit, and a rea-
<br />sonable attorney's fee. all of which shall be included in the decree of ;foreclosure; and the conmct 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, ,mil the benefits and advanrages shall insure to, the respective heirs, executors,
<br />administrators, successors and assigns of the parties hereto. Whenever used, the singular number shaN include the plum, the
<br />plural the sift8lllar, and the use of any gender shall he applicable wall genders.
<br />The foregoing conditions. all and sinllUlM, being performed accordmg to their natural and legal import, this conveyance
<br />shall be void and said premises released at the expense or the MortgallU" otherwise to be and remain in full force and effect,
<br />
<br />IN WITNESS WHEREOF, the Mortgllj!<Jml 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 />,~=-:..A~~L;;<~ . ye>' ,~ -;v
<br />
<br />John L. Lana(, II
<br />
<br />,
<br />"
<br />
<br />~ '- i
<br />
<br />(SEAL)
<br />(SEAL)
<br />ISEAL)
<br />(SEALI
<br />iSEAL]
<br />
<br />Irene M. Larma
<br />
<br />(;.PO 941~Ue
<br />
<br />srATEOFNEBRASKA,
<br />
<br />"
<br />
<br />COUNTYOF Hall
<br />
<br />Onthis 10th day 01 March
<br />notary public
<br />
<br />'\D '" 83 before me, the undersigned,
<br />In ;,md tor YJJ {'vunty. pC'r":'~"'naih- l:'anlC'
<br />
<br />Jobn L. Laraa, II and Irene M. Lanoa, husband and wife
<br />
<br />to be the Identical person tli'llose name 8
<br />.... instrument as Monpgo<, and
<br />elle<:ution thereof to be
<br />
<br />are
<br />TIlEY
<br />THEIR
<br />
<br />, personally t,. m" l(I1ollo'n
<br />alliud to the abc,..." and fore-
<br />ackllOwledeed the said ill$uument and the
<br />."Iun",,, ""I and d""d, I,,, the purposes lherein expressed,
<br />
<br />',,,,,,...
<br />'~,-'
<br />
<br />---....-.......
<br />IICtIAMl VM~
<br />...___11,1_
<br />
<br />notaria!"'" at
<br />/"
<br />D~ ~JI/
<br />
<br />Grand Island, Nebraska
<br />
<br />In l~timoR)' wheftof. I have hereunltl,<I a" h.ind 'Dd ~lli\.,,; bv
<br />'"(",on the day _ date lashOO..e wrillen.
<br />
<br />i:",..;.._?'
<br />
<br />uIJ.. :: 1/
<br />.fr Notar.t. "'Nil:
<br />
<br />.It
<br />
<br />~ATlOf'NEBltASKA
<br />: .....fwn"onI.-
<br />..'. o't~It'
<br />~iQBook
<br />"- of
<br />
<br />-Ji.)' ,,It
<br />
<br />A.O,19
<br />...,. and en1fl'Cd in NumerICal lode.., and
<br />of Mortpges, on
<br />
<br />~.~..{
<br />
<br />.-
<br />~~~
<br />
<br />Register of Deeds
<br />
<br />H-Un ~ll"'.JiM (9" '!fl
<br />:,;<00 t.fi'C'.jl""
<br />
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