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<br />$2-~~ C'~.185 <br />]0. That the Mortgagor will keep the buildings upon said premises in good repair, andneither commit nor permit waste <br />upon said land, oar suffer the said premi es to be used for any unlawful ourpose. <br />i 1. That if the premises, or any part thereof, be condemned under. the power of eminent domain: or acquired fcr apublc <br />use, the damages awarded,.theproceeds for the taking of, or the considera[iodfor suchacquisition.[othe extentof:[he full <br />amount of in3ehiedne< spon this mortgageand the note which it is given to secure.remaining unpaid, are hereby assigned by the <br />Mortgagor to the Mortgagee, and shall be paid forthwith: W said Mortgagee'to be agpiied by the latter on account of the next <br />.matwring installments of such indebtedness. <br />12 The-Mortgagor further agrees that .should this mortgage and the note .secured hereby .not he eligible :for in- <br />surance under the National Housing Act within Sixty days. from the date hereof (written statement ofanyofficer <br />of the Department of Housing and- Urban Development or authorized agent of the Secretary of Housing. and Urban <br />Development dated subsequenrtp the Sixty days. time £rom the date of this mortgage: dcdining to insure said <br />note and this mortgage, being deemed. conclusive proof of such ineiigibilityi. the Aortgagee ar holder of the note <br />may, at itsoption, declare all sums securred hereby immediately due and payable. <br />13. That if zhe Mortgagor fails to make any payments of money when the same become due, or fails is confiar7ti to and <br />comply wiih any of he conditions or agreements contained in this mortgage, or the note which it secures.. then the.emire princi- <br />pal sum and accrued interest shall atonce become due and payable. at the election of the Mortgagee; and this mortgage may <br />thereupoabe foreclosed immediately for zhe 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 a ~ea- <br />sonatileattorney's fee. alf of which shall be included in the decree of ffnreclosure: and tFie contract embodied in this mortgage <br />and the note secured hereby, shall in xll respects be governed. cgnstrued and adjudged by the: laws of i~tebraska; where the <br />same is made. <br />Thecovenants herein contained shah bind, and the benefits and advantages shall insure tc.. the respective heirs. executors, <br />administrators. successors and assigns of theparties hereto. Whenever used, the singular number shall include the plural. the <br />pluralithe 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 tegaf impart, ihicconveyance <br />shall he void and said premises released at the expense of the;Mortgagor; otherwise to be and remain in lull force and effect... <br />lM WITNESS I~'HEREOF, the ~fortgagorCsl ha Ve hereunto set their handisl the day and year first <br />above written. <br />lnpresence of: <br />~/~s.-ter ~~ I SEAL I <br />,., [SEAL J <br />'''~ \'uc...-, G~: t?r,~.C (SEAL] <br />PRECIOUS A. REID <br />[ SEAL) <br />lSEALI <br />STATE OF NEBRASKA. <br />cs: <br />COUNTY OF Hall <br />On this 24th.. day of September „~,D.ly 82, before me. <br />a in anti for said County. personailycame <br />Notary Public <br />James S. Reedand.Precious A. Reed, Husband .and Wife <br />personally to me known <br />to he the identical persor6 whose names aze affixed to the aboveand fore- <br />going instrument as'1lortgagor. and they h~Ve acknowledgedihe said instrumentand the <br />execution thereof to be thew' voluntary act and deed, for the purposes therein expressed. <br />[n testimony whereof, 1 have hereunto se[ my hand and affixed by notaz' al_seal at Grand Island, Nebraska <br />on the day and date lastabove written. <br />~Ow~Eaa~ urvPublic <br />'f <br />STATE OFtiEHRrtSKA ss <br />Filed forrecord this dayof A.D. 14 <br />at o'clock M.. and entered in Numericallndex:ond <br />recorded in $oak of -Mortgages, on <br />Page of <br />Register of Deeds <br />L <br />FsUL`-92ta3Nf 15-13) <br />..mac ,r. ,.~. <br />