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<br />lQ: That the tifortgagor wi!! keep the buildings upon saidpremises ingood repair. and neither commit nor permit waste <br />upon said tanti, oar suffer the said premisesto he used fatany mtLawPulpurpose: <br />i L "I7tat if the premises, or anyparrthereof, tie condemned underihe power of eminent domain, or acquired for a,public <br />use;.thedamagesawarded..theproceedsfor theaaking of,or the considerationfor such acquisition; to the extent ofttie'fu8 <br />amount of indebtednes upon this mortgage and the note which ii is given [o secure remaining unpaid, are heteby assigned by he <br />Mongagvr tothe Mortgagee, and.slialt he pa•.d. forthwith to said Mortgagee to:be applied by the latter an account of ihene;.t <br />matunng ,astaitments of such indebtedness: <br />I_ 'I'fte Mortgagor frirthec agrees that should his mortgage and the note secured hereby nor be eligible tqr in- <br />surance under he.Natioitat HousingAci within Sixty days. from the date hereof (written statement of anv officer <br />of the Department of Tlousing and Urban Development ar authoriaed agent of the Secretary of Housing and- Urban <br />pevek~pmens dated subsequent to the Sixty Says time from the date of this mortgage, declining to insuresatd <br />note and this mortgage: being deemed conclusive. proof of such ineligibility), the Mortgagee ar holden. of `the note` <br />may. at its option. declare all sums secutred hereby immediately. due and payable. <br />l ~ That. if [he Mortgagor fails to :make any payments of money when the same become due, or fails ro conform to and <br />comply with any of the conditions or agreetizents contained in this. mortgage,ar the note which it secures, then the entire princi- <br />pafsum and accrued interest shall at once tiecome due and'payable, at the election iif the l~fortgagee; and thi mortgage may <br />thereupon. be foreclosed immediatelyfar the whole of said money, interest, monthly payments, costs; ground rents: taxes and <br />the cost of extendingthe abstracrof title from the. date of this loanto the time of cotnmenc[ng suchforeclosurr quit, and a rec- <br />sonable attorney's fee:'all of whichshali be included inthe decree of ;foreclosure: and the contract embodied in rhis mortgage <br />and he wte secured hereby: shall inatl respects be governed; construed and adjudged by the ;aws o€ Nebra.i:a..uhere the <br />sattie is made. <br />The covenants Herein contained. shallcind. and the benefits cad advantages shall insure to, the. respective .heirs, executors. <br />admittistrators, successors and azsigns of the parties hereto. Whenever used: the singular number shalCindude the plural: the <br />plural the singular, and the use of any gender shag be applicable taalt gendezs. <br />The foregoing conditions, all-and singular: being performed according to their natural and legal import, this conveyance <br />shalt be void and said. premises released atthe expense of the Mortgagor, otherwise to ie and remain in full force and effect: <br />IN WITNESS N~HERE(3F, the MartgaGOrts) hatre hereunto se[ their handtsl the day and vear first <br />above written. <br />Iapresenceof: <br />~ SE.4i_ j <br />[SEAL] <br />r' <br />{ 1~~/~:r t~1~2, '" ~ s .'7-r ~ _/ (SEAL F <br />MARTHA E. HOCFQ~fAN <br />- { SE.9L j <br />jSEALj <br />GP C4i1-138 <br />STATI's OF NEBRASKA: 1r ~l•~trrYW <br />4s: ~` <br />COUNTY OF prnT•r. )+ ~r-~4rs~tlMt <br />On this 24th day of September ..A:D. 19 82, before rue; <br />a Notarg Public in and for said County, personally came <br />.Gary W. `HOCktaan aru9 Martha E.-HOCkman, Husband and wife" <br />, personally tome known <br />to be the identical person s whose names are alfiked to the above and fore- <br />goinginstrument as'.Nortgagor, and they have: acknowledged the said instrument and the <br />execution thereof to be their voluntary actand deed, for the purposes therein expressed. <br />Tn testimony whereof: I have hereuntosermy,hand and atTixed bynotarial seal at Grand Island, Nebraska <br />on the day anAd hate last: above written. ~ /J <br />_ '°~ ~"~ ~~ Notary Public <br />s. t <br />-' , _. _. <br />~T,>"rE 4FNEBRASKA ss <br />Filed For record this day of ' A.ll. 19: <br />at 'o'clock M.; and entered in'NumericaJ.lndex,and <br />recorded in [took - _ ofbfortgages..on. <br />Page of <br />Register of Deeds <br />L <br />HUP-~27d3M f9-797 <br />