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<br />I
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<br />83- Ij()lB78
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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 />I I. 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 Qf the full
<br />amount ofindebtednes 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 saide Martgagee to be applied by the latter on account of the next
<br />maturing installments of such indebtedness,
<br />12, The Mortgagor furtber agrees that should this mortgage and the note secured hereby not be eligible for in-
<br />surance underthe Nationlll Housing Act within Sixty Days from the date hereof (written statement of any officer
<br />of tbe Department of Housing and Urba~ Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the SlXty Da ys 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 its option, declare all sums securred hereby immediately due and payable,
<br />13, That if the 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, allhe election of the Mortgagee; and this mortgage may
<br />thereupon be foreclosed immedialely 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 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 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 Ihe benefits and advantages shall insure to, the respective heirs, executors,
<br />administrators, successors and assigns of the parties hereto, Whenever used, the singular number shllll 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 10 Iheir natural and leglll import, this conveyance
<br />shall be void an~ said premises released althe expense of the Mortgagor: otherwise la be and remain in full force and effect.
<br />
<br />IN WITNESS WHEREOF, Ihe Morlgagor(s) ha ve hereunlo set their hand(s) the day and year first
<br />above written,
<br />
<br />
<br />In presence of:
<br />
<br />",~ - ./" __,----/ ",;_J
<br />
<br />7/kd>:Z/7~~
<br />
<br />HIctK R. BORER
<br />
<br />Sb(
<br />Jdtiy A~.~JER i "
<br />
<br />11<S;;.-1, "-A
<br />
<br />..J
<br />
<br />[SEAL]
<br />[SEAL]
<br />[SEAL]
<br />[SEAL]
<br />[SEAL]
<br />
<br />GPO 941.138
<br />
<br />COUNTY OF
<br />
<br />Hall
<br />
<br />} ss:
<br />
<br />STATE OF NEBRASKA,
<br />
<br />On this 18th day of April
<br />a NotaJ;Y Public
<br />
<br />, A.D, 1983 . before me,
<br />in and for said Counly. persnnlllly came
<br />
<br />Mick R. Borer and Judy A. Borer, Husband and Wife,
<br />
<br />to be the identical perso~ whose name s
<br />going inslrument as Mortgagor, and
<br />execution thereof to be their
<br />
<br />, personally to me known
<br />are affixed to the above and fore-
<br />t hey have acknowledged the said instrument and the
<br />voluntary aCI and deed, for the purposes Iherein expressed,
<br />
<br />In testimony whereof, I have hereunto sel my hand and affixed by notar ial seal
<br />on lhe day and dllle lasl above wrillen,
<br />
<br />l4-~~'
<br />
<br />STATEOFNEBRAS~A ss
<br />
<br />
<br />Island, NE
<br />
<br />
<br />
<br />Filed for record this
<br />aI' o'clock
<br />re~oriled in Book
<br />~e\ of
<br />~
<br />
<br />day of
<br />
<br />A,D,I9 ,
<br />M" and enlered in Numerical Index, and
<br />of Mortgages, on
<br />
<br />.>;.,
<br />
<br />"':.~
<br />
<br />,~- ~
<br />
<br />Register of Deeds
<br />
<br />(",-
<br />~',
<br />,-'1'
<br />'" \~
<br />
<br />r
<br />
<br />1
<br />
<br />HUD.92143M 19,791
<br />,:;. PO .uo~:u"
<br />
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