82004615 - Laserfiche WebLink

Browse

82--lit) Q fi l,~ ]0. That the Mortgagor will keep the buildings upon said premises in goad repair. and neither commit nor permit waste upon said land- trot suffer the said premises to be used for any unlawful purpose. 11. That if the premises. or any part thereof. be condemned under [he power of eminent domain, or acquired for a public use. the damages awarded, the proceeds for the [eking oG or the consideration for such acquisition, to the extent of the full amonnt of indebtednts up[an this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the Moagagor to the Mortgagee, and shall be paid forthwith [o said Mortgagee in be applied by the latter on account of the next maturingfnstaflments of wch indebtedness. f2. The Mortgagor further :[green. that should this mortgage and the note secured hereby not be eligible for in- surnnce under the National Housing Act within Sixty days from the date hereof (written statement of any officer of the f)etrartment of Housittq and Urban [kvelupment or authorize) agent of the Secretary of Housing and Urban - [kvelopmenidated subsequent to the Sixty days time from the date of this mortgage, decht[ing to insure said - note and this mortgage. Laing JeemeJ conclusive proof of such ineligibihtyi. the Mortgagee or holder of the note may, at its option, declare all sums sectirred hereby immediately due and payable. f3. Thai if the Mortgagor fails [a make any payments of money when the same become due, or falls to conform to-and comply with any of the conditi[xts or agreements contained in this mortgage, ur the note which it secures, then [he entire princi- pal sum and accrued interest shall at once became due and payable. at the election of the Mortgagee: and this mortgage may [hereupaa be foreclosed immediately for the whole of sail money, inttres[, monthly payments; costs, ground"rents, taxes and the cost of extending the abstract of title from the date of this loan to the time of commencing such foreclosure suit; and a rea- sonabte a€torrrey's fee, all of which shaft he included in the decree of Soreciosute: and the cornract embodied in this mortgage and the note secured hereby. shall in alt respects he governed, conserueJ anJ adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shall hind. and the henehts and advantages shall insure to. the respeepve heirs, executors, administrators. successors and assigns of the parties hereto- Whenever used, the singular number shelf include the plural, the plura} the singular, and the use of any gander sha0 be applicable w all genders. The foregoing conditions, all and singular. being per(txmed according to their nature! and legal import. [his conveyance shill he void and said premises released at the expense of the Mortgagor; otherwise to be and remain in fall force and effect. IN \4'FTNESS ~4'HfREQF, the Mortgagorfst ha ve_ hzreunto set their handis) theday and yeatfirst above wntten. In presence [+i: - ~ / ~^ (SEAL) 3 •S D. RQTH i, ISEALI 1t::tv.~,s.~ f~~ ?I ;SEAL I C4NtdA F. BOTH I SEAL f ISEALj r.ro sc[.taa ST'ATE<)g',+f-IfRASKA. ( ,s: t't)UN"fY i)F Ffar.r. ) th+rhis 25th day of October ,4.U.[v gZ,t+etxeme, a Notary Public m atkJ for sail t'tumy. per,onally came Jatttes D. Roth and Donna F. Roth, F3usbanr3 oral Wiie . personally in me known to t+c the tdent[cal pawn s a to»e Warne s are aHixcd to the abusr and fure- going mstrumem a> ,Mortgagor. end they have ackm>wledgeJ [he sail instrument-:tad the axecutian thcterrf to be theiz s oluntan ai t and JeeJ, fur the pwposes therein expresseJ. In te,umuny ~whereot, 1 M.r hereunw,et m} hanJ and:itlixed t+y notarial xal a[ Grand Island, Nebraska on the Jnv amt Jate la>t atwve written. tCwliri ~ Nafary PtlfiflC ~~~~~ St'4TE <)F NEBRASKA .~ tstetf for record [his day of at o'clock recprc4s,3 rn litx~t FaRe Of 3 A,ll_14 51.. anti entereJ to tituneri.:af (ndex_ anJ ,ri Murtgw~e,, pn - ~~:croflN:eds