82003232 - Laserfiche WebLink

Browse

S~ =)(~323~ ; 10. The[ the Mortga~ctr will keep the buildings upon',~atd premises in goad-repair, and neither commit narpermit waste ~.ipon said land, nor sutferYhe said premises to be used for any unlawful purpose: 1. That if`the premises, ~r any: part thereof, be condemned under the power of eminent domain, or acquired for a public use, the damages awarded. the proceeds forthe takittg:of octtie considerattpn. for suchacquisition:to the extent of the fult amount of indebtednes upon this mortgage and the Dote which itis given [o secure remaining unpaid: are hereby assigned by the Mortgagor to the Mortgagee, and shall he paid forthwith'ro said Mortgagee zo be applied by [he latter on account of the-oral maturing installments of such indebtedness. 12. The Mortgagor fitrthzr agrees that should this mortgage and ;he note secured hereby not be eligible for<ln- surancz undzrthe National Housing Act within g i Xty flays from'the datehereof (written stafemeeiEOf any officer of the Department of Housing and Urban Developthent or authorized agent of the°Secretacy-of Housing and Urban Development dated subsequent to the Sixty' ddJ+S., time fromYhedate of this mortgage, declining to insure: said note and this mortgagz, being dzzmed concltstve'proof of--such ineligibility), the' Mortgagee or holder of the note may, at its option, declare all sumssecurred hcrrby immediately due and payable: G. That if the Mortgagor fails io make any paytents of money when the'same become due, or fails to conform to and- comply with any of the conditions or agreemeais contained in this mortgage; or the note which it secures; then the entire priori- nal sum and accrued interest shalLat once become due'and payable, at the election of file Mortgagee: and this mortgagecmay thereupon be fareclased immediately for the whole of said money: interest: monthly payments, casts, ~.TOUnd rents. taxes'and the cost of extending the abstraerofiitle from the date of this loan tothe dine of commencing such 4'oreclosure stn t. and a rea- sonable attorney's fce. all of whichshall be included in the decree of ;foreclosure; andxhe contractenibodied in this mortgage and the note secured hereby, shall in all expects he governed, constaued and adjudged by the laws of Nebraska, where the same is made. The covenants hereimcootained sfialf bind, and.the benefits and.advantages shall msuie to, the respeetiveheirs, executors, administrators. successors and assigns of the parties hereto. Whenever used., the singular number shall include. the plural; the plural the singular, and the use of any gender shall be applicable toaligenders. ' "The foregoin& conditions, all and singular,. being pertormed according to heir natural and legaljimport, tkis conveyance shall bevoid-and said premises released at the expense of he Mortgagor; otherwise Lobe and remaimirt full force and effect.: IN WITNESS WHEREOF, the Mortgagor(s) ha Ve hereunto set their hand(s) theday and yeakfirsF above written. In presence of: / /~ -J~z~.~ ~d~./_ ~ ~,.. ~ [SEAL i DONALD. P. DRAHOTA _ {sEaL; JANE M DRAHOTA (S'EAL] -- (SEAL cFS sa t.+eo STATE OFNEHRASKA, COUNTY OF Hdll ~s. On this 30tt1ay of July . A.D. i9°2 ;before me. a ~Otdry pUDI 1 C in end for said County, persooaliy Came Donald P. Drahota and Jane M. Drahotas husband and wife personally tome known to be the identical person S whose names are affixed to theabove and fgre- gainginstrumentasMortgagor.and they have acknowledged .the said'enstrumentandthe execution[hereafto he voluntary act and deed:ferthepurposeslherein expressed. their In testimony whereof, I havz hereunto set my hand and aftixzd bynOtdrfdl seal ~ t Grand IS1 aund. on the day and date last above written. w our ~l~ v~rsry wbri~ STATE OF NEBRASKA ss Filed for record this day of .A.D-I~ at o'clock M., and entered in Rumerical Index, and- recorded i^ Hook of Mortgages: on Page of Register of'Deeds