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<br />83-005505
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<br />10 That the Mortgagur \\, ill keep [he buitdings upon said premjt'es in gond repair. and neither contm'it -nor perm.it .wa~te
<br />upt.m said kUlc.L nor ~utfer the ~mld premises fl.) he used (or lHlY un1tfvdo' purpose
<br />II. Thai ifthe premi,es, or uny parr thereof, be condemned undel'!he power 01 eminent domain, oracquiredJor:.a~ublk;
<br />U>C, ;be d.magesawarded, the proceed, for lhe laking HI. "r Iheconsideration 101' such acquisition. IOlheeltlenlo.fcJbeJuU
<br />amOum 01 indeblednes upon this mortgage and lhe nole whi<:h it is given h> secure remaining unpaid, are hereby assignel/,byJhe
<br />Mortgaynr to the Morlgagee, and shall be [",idlorthwith 10 said M<Jrtgagee 10 he "l'plied by the latter on accounlohlltt'leltf .... . ..; ,.
<br />nlll1uringinslaffmenlsof ,uch indebtedness. .- . .. ...... ....., .' . ' '
<br />12. The Mo',gagor lurther agrees Ihal ,/!Quid Ihis morlgage and Ihe nole securedherebynotbc eli@lle..tol\in>
<br />,utanee under lhe Nahonal Housing ACl wilhin 60 days Irom lhe dale hereof (wrinen statementofaJj:~ullicer
<br />of lbe Department <If Housing and Urban Develol'mem or authoriled agenl 01 Ihe Secretary of. H""s/ng 'llnd'U~blilp
<br />Devolopment dak<!sume'luem to the 60 days . time from tbedate of this mOllga~,dcocllnillgfl),in...~~id'
<br />"0'. a"d Ihis mOflgage. bemg deemed condusive proof of ,uch ineligibility}. the Mortgage.: or holder l)flhe',~,'
<br />may, atit' opt.on, declare aU sums s.curted hereby immediately due and payable. .. ,,'
<br />13. That if the Mortgagor rails I" make any raymems of money when Ihe same become due, orfailsl()contorl/l~!O,al!lf,
<br />comply With any of the cond.itwns or agreements contained in this mortgage, or the note which it secures~ tfle_n the:et1t'ite prinei:..-
<br />pat sum and 3-CClltcd interest shaH :Jt once heco-me dtle and payahfe. nt the ejection of the Mt.-"lftgagec; and this-mortpp:'-may
<br />ihereuponhe foredosed immedi:afe(}' for lht whole of said mo.ney. Interest. m-onthly payments. costs. ground-re-l1ts~ tax:u:aiKt
<br />the COSf of o;;tending the: abstract of wle from the date of this loan to the lime of commencing such foreclosure suit.,. and-it fe-a'-
<br />wnahl-e attorney's tee. aU of whj,:h ~h3H he included in the decree nf ifurec!f\sure: 'lna the ((,);ntra-ct embodie:(f.~n'-tm$, m~:
<br />and tho: note secured hereby. \o:dl In all respect" ~e g-o,"'crned, (omHued and adludged by the laws of Nebraska. where the
<br />~ame is made.
<br />The ;,-O\'tfi.ttnts herem cont3m~d ,halt bind. :;nci the t'>ene-fit-. !Jnd- ad\'antag~s ,\haH insure w. the respective heirs. e.xecutors.
<br />oommUJr3t(Jf<i" ~w.:-.;e'\snr., ~,nd 'l"'\f~n-~ of the p.:utte\ ht.'rt'"to \rht..n("\;a ll'ied. th>l~ ..ingular numher shatl include -the-plurat the
<br />pIma! rhe .\tngular, ;"nd the u~t." of ,wy ~cndcr 'lhan he 3rptiGlr.l~ h~ at! gender;;;
<br />fhe foreguing cnndltitm,>;, <!l! .H1d sing.u1ar. hl"in!,! rr-f~'\')~nh...j .h,'..:nllhn~ hi ItU.'H naHiraf ;H\J I,:'g;.li impurt, this c()~veyance
<br />~h:lil ht: \OW .1Od s;ud pfc-!Uf>:.e'\ f~'k;l',(\j ilt jh~ c\pt"-nsc III tlw \1nn~aFor: \lthe-rWI-.,i;,'" ft') be and remain In fun force and effect.
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<br />I hn}-l.h 14 '~;n .,.1 Oc tobe-f'
<br />Notary Pub1 ic
<br />Wanda G. Roush. Husband dnd Wife
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<br />William l. Mclellan
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<br />~IATE OF '.;EllRASKi\
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<br />Grand Island. NebraSka
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<br />I(UO':.l)UJ:~ ,9,'91
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