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<br />83-+lO 3 912 <br /> <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 suKer the said premises to be used for any unlawful purpose. <br />II. Thai if the premises. or any part thereof. be condemned under the power of eminent domain. or acquired fora pUblic <br />use, the dama,.,. awanted. the proceeds for the taking of . or the oonsideration for such acquisition, to the extent ohhefull <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 he paid forthwith to said Mortgagee to he applied by the latter on acoount of the next <br />maturing instaUments of such indebtedneu. <br />12. The Mortgagor fort her agrees thai should this mortgage and the note secured hereby not be eligible 'for in- <br />suf'llnct under the National Housing Act within sixty days. from the dale hereof (written slatemetltofanyoftleer <br />of the Departlllent of Housing and Urban Development or authorized agent of the Secretary of Housing andUrblin <br />Development dated subsequent to the sixt y days time from the date of this mortgage. declining to insure'$aldJ <br />note and this mortpge. being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note <br />may, at in option. declare all soms securred hereby immediately dlle 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. thentheentireprlllC~ <br />pal sum and accrued interest shallat once beCome due and payable. at the election of the Mortgagee; and this mortli8~.may <br />thereupon be foreclosed immediately for the whole of said money. interest. monthly payments, costs. ground rimts.taxesand <br />the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit.anda'r~w <br />,onable attorney's f<<. all of which shaJl be included in the decree of !foreclosure; and the contract embndied in;thismoJ18ilge <br />and the note secured hereby. shall in all respects be governed. ,,(lItstrued and adjudged by the'laws<of Nebraska,wliflre,~' <br />same it made. <br />The covenants herein contained shall bind. and 1m, benefits and advantages slulll insure to, the respective heirs,ex_rQt'l<. <br />admiilistrators, successors and assigns of the parties hereto. Whenever used, the singular numhershallincludelhe plUIllI; the <br />pll1ralthe singular. and the use of any gender shall be applicable to all genders. <br />The fl)(egoing conditions. all and singular. being performed according to their natUral and legal import, thisc(llt~yance <br />shall be void and said premises releas<edat the expense of the Mortgagor; otherwise 10 be and remain infulHorceand eITeet. <br /> <br /> <br />IN WITNESS WHEREOf. the Morlgagorlsl ha ve <br />above writlen. <br /> <br />hereunto sel <br /> <br />their <br /> <br />hand{s) the day and year first <br /> <br />In presence of: <br /> <br />~ <br />'~..,-.?C. ... . <br />~/~.".. ". ) <br />yp, <br />,ICHARD (). -rmsON <br /> <br />(~;atll ~/ <br />CAMP' LL A. PEARSON <br /> <br />[SEALl <br />I SEAL] <br />ISEALl <br />(SEAL) <br />ISEAL) <br /> <br /> <br />STATE Oil NEBRASKA. <br />COUNTYOf lIall <br /> <br />} ss; <br /> <br />On this 25th day of <br />a Notary Public <br /> <br />july . A.O. 19 83, bell'r" me. <br />in and for said CIJII"'Y. perwnally Cltlll" <br /> <br />Richard O. Pearson Hnd Campbell A_ <br /> <br />10 be the idenlical personS ....hose _ s are <br />goingiM~nt!15 MOI1pJOr, and they ha~e <br />eXe(.l1tion thereof to be the i r <br /> <br />Pear son, Husband and \.Ji!~rsonalIY to me known <br /> <br />affixed 10 the aho~e and fore- <br />ad.oowledaed the said ill$Wmenl and the <br />voluntary act and deed. for the purposes tbereinexpressed. <br /> <br />In test_ll) ....hereof. I have her"UAro"'t my hIlnd and alllxedby notarlalse,ht Grand Island, NE <br />Oft tile day and. daie last above wollea. /;"-1 <br />'1<:/1 .'~ /,' "J. . / <br />I -<' rl&T"(."U /.-""771",/5 / <br />7 Notafy Public <br /> <br /> <br />STAllWf NllllaASKA <br />".,f9r,_.hhia <br />1II 0..... <br />~~... <br />.... ,.,. <br /> <br />ss <br /> <br />dallot <br /> <br />A.D. 19 <br />M..and entered in Numerical Inde., and <br />of Mor!I&lJeS, on <br /> <br /> <br />Ikaister of becus <br /> <br />~ _"-..ot <br /> <br />tflJOfU_ IfI.llJl <br />