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<br /> <br /> <br />r <br /> <br />83-004554 <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 suffer the said p"mises to be used for any unlawful purpose. <br />I 1. That atbe premises, or any part thereof, be condemned under the power of eminent domain, oracquiredJj)r a public <br />use, the damages awarded, theproeeeds for the taking of, or the consideration for such acquisition; to tbe extent of theJull <br />amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby.assignedhythe <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. Tile Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible -for in." <br />suranee under the National HousingAct within sixty .days from the date hereof (written statement of any officer <br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing. and' Urban <br />Developmenrdated subsequent to the sixty days time fromthe date of this mortgage. declining to illsuresaid <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 sumssecurredhereby immediately due and payable. <br />13. That a 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 cj)nditions 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 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 foreclosure suit, and area- <br />sonable attorney's fee, all of which shall be included in the decree of !foreclosure; and the contract embodied in this mortgage <br />andtbe 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, 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 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 />their <br /> <br />hand(s) the day and year first <br /> <br />hereunto set <br /> <br />In presence of: <br /> <br />~~o <br />MA~PAZ ~ <br />~ ;10"./ (jJo.y <br />OILeIA PAZ <br /> <br />[SEAL] <br />(SEAL] <br />(SEAL] <br />[SEAL] <br />[SEAL] <br /> <br />STATE OF NEBRASKA, <br />COUNTY OF HALL <br /> <br />} ss: <br /> <br />a <br /> <br />On this 29th day of <br />Notary Public <br /> <br />August . A.D. 19 83, before me. <br />in and for said County, personally came <br /> <br />Marcos Paz and Dilcia Paz, Husband and Wife <br /> <br />to be the identical person s whose name s <br />going instrument as Mortgagor, and <br />execution tbereof to be <br /> <br />. personally to me known <br />affixed to the above and fore- <br />acknowledged the said instrument and the <br />voluntary act and deed, for the purposes therein expressed. <br /> <br />are <br />they have <br />their <br /> <br />In testimony whereof, I have hereunto set my hand and affixed by notarial sealat Grand Island, NE <br />on the day and date last above written. . <br /> <br />..::;A ,)J.tI0 i<.f~1-(~1YzLi.~ <br />. Ii Notary Public <br /> <br />STA <br /> <br /> <br />ss <br /> <br />Filedfj)rrecord this <br />, at o'clQCk <br />recorded inBook <br />Pall" of <br /> <br />day of <br /> <br />A.D. 19 , <br />M.. and entered in Numerical Index, and <br />of Mortgages. on <br /> <br />Register of Deeds <br /> <br />QPO .'7-.01 <br /> <br />HU0.92143M (9- 79) <br />