|
82--~ t}0~613
<br />is- - 10. Thar fire Mortgagor will keep thr buildings upon said .premises in good repair. and neither commit nor permit waste
<br />upon said land, nor sufttr the said premises to he used for any unlawful purpose.
<br />l h That if the premises, or any part thereof, be condemned under the power of eminent domain, or acquired for a public
<br />use, flit damages awarded, the"proceeds fcu the taking of, or the considtration for such acquisition, to the extent of the full
<br />' ~ amount of indebtednes upon this mortgage and [lid note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Moitgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />maturing installments of such indebtedness.
<br />12. Tlie kiartgegpr further agrees tltaf should -this mortgage and the note secured hereby not be eligible for- in-
<br />surance under the National Eleitsing Act within 2 months from the date hereof (written statement of any officer
<br />of the Department of Housing-and Urban Development yr authorized agent of the Secretary of Housing and Urban
<br />Developmeirtdated subsequencto the 2 months time from the date of this mortgage, declining to insure said
<br />-note and this mortgage. being deemed conclusive proof. of such indigibifity), the Mortgagee or holder of the note
<br />may, at its option, dtckare afl sums setttrred hereby immediately due and payable.
<br />t3. That if the Mortgagor faits to make spy payments of money when the same become due, or fails to conform to and
<br />comply with any of the eonditions ar agreements contained in this mortgage. or the note which it secures. then the entire princi-
<br />pal strm and acrnted interest shall at once become due and payable, at the etection of the Mortgagee: and-this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interest. monthly payments, costs, ground rents, taxes and
<br />the cost of extendingthe abstract of tale from the date of this loan to the time of commencing such foreclosure suit, and a rea-
<br />sonabtc attorney's fee, atf of which shaft be included in the decree of foreclosure:-and the contract embodied in this mortgage
<br />and tlx_no[c stcured hereby, shall in ati respects be governed, construed and adjudged by the taws of Nebraska,,whuc the
<br />same is made,
<br />Tice covenants herein contained shaft bind. and the benefits and advantages shall insure to, the respective heirs, executors,
<br />admixdsiratars. successors and assigns of the parties hereto. Whenever used, the singular number shalt include the plural,-the
<br />plural the singular, and the use of any gender shall he applicable w al! genders.
<br />The foregoing conditions. a0 attd singular, being performed according to their natural and legal import, this conveyance
<br />- shalt he void and said premises released at the expense of the Mortgagor. otherwise to be and remain in full force and effect.
<br />IN WITNESS R'HEREOF, the Martgagarts) ha Ve hereunto set their handfs) the day and year first
<br />above wrintn. -
<br />In presence of:
<br />~ ~ ~, ,
<br />- - - :._r~'rrrnz'~--~ =~'c`„i,-~~.-cam. (SEAL]
<br />:Tames L. 1a obsen
<br />(SEALI
<br />i u,<- :i. i`.t ~ ~l f.2<'-+"t,.'.~->`--' (SEAL 1
<br />Patricia A. Jacobsen ]SEAL]
<br />(SEAL)
<br />- - :PC 9a t.138
<br />STATE OFNEBftASKA, \/
<br />45:
<br />COUNTY f)F Mali 1r
<br />Onthis 22nd dayof October A.D. t9 S2, bctare me, the undersigned,
<br />a notary .public in and for said County. personalty came
<br />_ Jataes L. Jacobsen and Patricia A. Jacobsen, husband and wife
<br />. personally w me known
<br />to be the identical ptrsna s whose name a are affixed to the above and fore-
<br />going instrument asMortgagor, and pggy acknowitdged the said instrument and the
<br />execution therent to be THBIR ~°oluMary act and dezd, for the purports therein expressed.
<br />In testimony whereof, !have hcreunto set my hand and affixed by ,cal at
<br />on the day and date lastatwvtwriuen. notarial' Grand la land, Nebraska
<br />INOMMi iAIN/2!I'l ~' ~. No
<br />- - - t1Att3tittatit~ Jr Yt, fN4 - ~ _
<br />STATE OF NEBRASKA ss
<br />>•tttd for retsttd this day of A. D: 14
<br />~ ~ dock M., and enttrtd io Numerical Index, sad
<br />rcc~rrded inl3aok of h#ortgages, on
<br />py)t of
<br />Ragisterof lktds
<br />NUCS.93143M ~-r$t
<br />a.~~. esa.nr+
<br />
|