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<br /> <br />I <br />83':"-006237 <br /> <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 premises tobe used for any unlawful purpose. <br />I L That if the premises, or anyPart thereof, be condemned under the power of eminent domain, or acquired for .80 public: <br />use, the damages awarded. the proceeds for the taking of, or the consideration for suchacquisition. to theextentoUhefull <br />amorintof indebtedoesupon Ihis mortgage and the nole which itisgiven to secure remainingimpaid, are herebrassignedby,the <br />Mortgagor to the Mortgagee, and shall be paid forthwith 10 said Mortgagee to he applied by thelalleron accounfof.lhenexl <br />maturing.installmentsofsuch indebtedness. <br />12. Ther.l'!rtgagor furt'1"r agrees thaI shoul2l tiDn tIllstgage and the note secured herebY not beeliglblefor;jnc <br />sDrance underlheNalionalHoosingAcl withiil . 2. months from the date hereof (wrillenstatelllentofanyofficer <br />OflheDepartlDenl of Housing and Urb1ln~v:ent or aulhorized agent of the Secretary of'Ho~sing,andl)rban <br />Development dated subsequent to the mon s. time from the date of this mortgage, declil\illg.loinsure'sa}~. <br />nOle.and this mortgage, heingdeemed conclusive proof of such ineligibility), the Mortgagee or holder of the'note <br />may. atits oplion. declare all sums securred hereby immediately due and payable. <br />13. That if lhe Mortgagor fails to make any payments of money when the same become due., offalls to conform to-and' <br />comply with anyof the conditions or agreements contained in this mortgage, orthe note which it secures, then theentite prinCi- . <br />pal sum and accrued interest shall at once become due and payable, al the election oUhe Mortgagee; and this mortgage may . <br />thereupon be foredosed immediately for the -whol.e of said-~oney,- interest, monthly payments, costs~ gro~nd rents-,.-taxes-'-and <br />the cost of extendingthe abstract of title from the date of this loan to the time of commencirigsuchforeclosure' suit,and.a rea< <br />sonableauomey's fee. all of which shall be included in the decree oftforeclosure; and the contract embndied i~thismortgage: <br />and the nolesecured hereby. shall in all respects hegoveroed, construed and adjudged by the laws ofNebfaska,where.th~' <br />saine is made. <br />The covenants herein contained shall bind. and the benefits and advantages shall insure to. the respective heirs, execulors, <br />administrators, successors and assigns of the parties hereto: Whenever used, the singular number shall include. the plural;. the <br />plurallhe singular,and the use of any gender shall be applicable to all genders. <br />The foregoinllconditions, all and singular, being performed according 10 Iheir natural and legal import, !his conveyance <br />shall be void and said premises released allhe expense of Ihe Mortgagor; otherwise 10 be and remain in full force and effect; <br />ve their <br /> <br /> <br />IN WITNESS WHEREOF. the Mortgagor(s) ha <br />above written. <br /> <br />hereunlo sel <br /> <br />hand(s) Ihe day and year first <br /> <br />In presence of: <br /> <br />+~lQ~ <br /> <br />Frederick L. Peirce <br />--"l'/]-7 '7 '-~?' <br />/'F/:--';:;p; c:. . /,~ <br />, (.,/ 1/'" <br />M......:r v Pn~.,.... <br /> <br />[SEAL] <br />[SEAL] <br />[SEAL] <br />[SEAL] <br />[SEAL] <br /> <br />STATE OF NEBRASKA. <br />Hall <br />COUNTY OF <br />22nd <br />1@lt:*'Y public day of <br /> <br />Ls <br /> <br />Nlem~er <br /> <br />83 <br />. A.D. 19 , before me, <br />in and for said County, personally cam. <br />Mary Y. Peirce, husband and wife <br /> <br />the undersigned, <br /> <br />a <br /> <br />Frederick L. Peirce and <br /> <br />s s are <br />10 be lbe identical person whose name THEY <br />going instrument as Mortgagor . and TilE IR <br />execution thereof 10 be <br /> <br />. personally 10 me known <br />affixed to the above and fore- <br />acknowledged lhe said instrument and the <br />volunlary aCland deed, for the purposes therein expressed. <br /> <br />In testimollY whereof, I have hereunto set my hand and affixed by <br />on lbe day and date lasl above wrillen. <br /> <br />notarial Grand Island, Nebraska <br />seal at <br /> <br />;&~.i4~~ <br /> <br />{j6tary Public <br /> <br />STATE OF NEBRASKA <br />Filed fOT record lhis <br />8\. o'clock <br />recorded in Book <br />Pale. .... .. of <br /> <br />ss <br /> <br />day of <br /> <br />A.D. 19 , <br />M., and entered in Numerical Index, and <br />of Mortgages, on <br /> <br />~ I)ENISE KAY toWIIY <br />GtNfllALNOTARY SloIeof Nebr. <br />. .~......~.... MyC-.b",AU\1.2S.1987 <br /> <br />Register of Deeds <br /> <br />Q"O ...,...01 <br /> <br />HVD-92143M 1lI-791 <br />