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8~_, ,,~1n$426 10. 'f hat the Mortgagor will keep ..:c Mtililings upnn card premises in guuJ rcl.du. ,i arither commit nor permit waac - up,+n s:dd I:md, nor suttee the sail premises Itt be used for any unlawfW-purpose. 1 I. Tharif the premises, re any part therepf. k+e cenJcmneJ under the power nf-rmiaem domain.-or aryuircd-(nr a-public usi•. the Jamagn awarded. the pmcceds fur the hiking nf. ur Ibe con}idcration for such acyuisition. to the extent of 1-m full - amount of indcMCdnes upon this mortgage and'Ihc note which iris gn~en u+suure rcmainmgnnpaid. are herehy assigned-by the- - ~ Mortgagor to Ibe Mortgagee, and shalt be paid ~ forthwith to said Mortgagee Itt be applieA by the latter omaccount nl the next .fy maturing installments ttf such indebtedness. - -. r {3. The Mortgagor further agrees that shnuld this mnrtg:rgc and the note secured herehy not'ht tligrhle (or in- surmceunder the National Housing Act within' front eke date hereof (written statement of any othctr ~ of 'the -1<p3rtmenl of Housing- and Urban f5evelttpment or -aulluui2td ngrnt'cif.lhc Srsrrrary of Housing and Urban I?rvelttPment datedsubsequentaoahe time from-the'date of-this mortgage, declining to insure said note- amt this-nicsrtgagt. _being- deemed conclusive' proof ttf such- ineligibility), the -M1tortgagcc or holder of the note C may, at its option, Jcelare :Jt sums 5ecurred herehy immeJialclyduc andpayable, - ~ - Q lit. That if the Mortgagor fails to make any payments of money when the same become due; or fails Ixr conform to. and (,(~ comply with :+ny of the condiliims or agreements contained in this mortgage: or the nuts which il-sccuas; then the tmire princi-. ~ p:+I xam and aavued inttrcst shall ai once become due and payable, :tt the elution n(the Mr.+ggagce; anJ this :mortgage may ~„~ Ihcreupon heGxeclnsed immediately for the whole of saidnu+ncy, interest. monthly paymcnis, costs, ground rents, razes and the cost u[ extending the abstract of title from the dato'of this loan ko the time 4f commencing such (oreclo.arrc suit. ;inJ a rea- xonable attorney's fee, all of which shall be included id the decree-Rf doreclosurc anJ'tlie'criulract embodied in this mortgage anJthe Hole secured herehy, shall in all rexprfcts he governed. construed and adjudgedhy the J:twso! Nebraska, where the same is made. - - Thr covenants herein contained shall bind, and the benefits and advantages shall ittsitre io, thrresp~efivr heirs, ezccutors, administrators. successors and assigns of the parties-hereto. tVhenever rased, the singular.numbershall':inctude the plural, the plural the singular, and (he use of any gender shall be applicable urall genders.- The foregoing conditions, all and singularl being performeJ according to their nalura4and I@gaf import, this conveyance shall be void and said premises released al the expense of the hlnrigagnr; otherwise to he grid remain fn full force and effect. IN WITNf>SS WHERF.UF, the Mortgagor(s) ha hereumo set hand(s)ahe day and.year first - - - above written. - - In presence ot: Jerry A. Piper --~Y ~---~ ~{ I SEA6 I Vice President Da >.d J. Pillard Cottmercial National ISEAII Bank & Trust Company .c7/-~:Ir..,r~ ~~i~ ~i.~.c% I SEA-LL ~: • Susan R. Pillar - (SEAL IsFnt,I 'STATE QF NEBRASKA. ss: ('C7l `NTY nF gAi.T• t>n this 10th day of October . A.U. 19 83 . before me. a Notary Public - in and for said Counq-. personally rrmr David J. Pillard- and Susan R. Pillard pcrsonallylo meknown to ht tht identical person whose names are. affixed Iv the above and-fore- guing rb5[rument:ts Rturtgagnr, and they acknowledged the said-inslSument~and the czccutiorrthereof to be their vofuntaryact and deed, Garthe-purposes therein expressed.. In testirnunv whcrcof, k have hereunto set my hand and af6teA h} - nn thrday ap+idale.laxl about written. ~trlrtagtw-tw.rttrrrw Oarlr MfMltr rl~ll flee x,11. SF.4TEOFNEBRA5K,4 ss Piled for reeuid this day of at o'clock - recard_edin Book - Page of seal at Grand Island, NE Nod Puhfrc. A.U. t9 M., and entered in Numerical Index, and of htungagex. oa Register of Ueeds btt1~,~~id7T.V t9•i91