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~2-- t1U4"7t39 10. That the Mortgagor will keep the buildings uptm said premises in good repair. and neither commit nor permit waste upon said land, nor suftm the said premises to be used fnr any unlawful purpose. I1. That if the premixes, or any part thereof, be condemned under the power of eminent domain, or acquired for a public use, the damages awarded. the prceeeds for the taking of, or the consideration for such acquisition. to the extent of [he full amount of indehtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the Mortgagor to the Mortgagee, and shelf be paid forthwith to said btortgagee to he applied by the latter on account of the next maturing instaftments of such indebtedness. I2. The Aortgagor further agrees that shouts this mortgage and the note secured hereby not be eligible for in- surance under the National Housing Act within Sixty Days from [he date hereof (written statemenrof any officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the Sixty Days time from the date of this mortgage. declining to insure said torte and- this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note may, at its option, declare all sums recurred hereby immediately due and payable. I3. That if the Mortgagor fails to make any payments of money when the same become due. or fails to conform to and comply with any of the conditions or agreements contained in this mortgage. or the Hate which it secures, then the entire princi- pal sum and accrued interest shall at once became due and payable. at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately for the whole of said money, interest. 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- sonahle attorney's fee, all of which shall be included in the decree of fioreclosure: and the contract embodied in this mortgage and the Hate secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the same is made. The covenants herein contained shall hind. and the benefits and advantages shall insure to, the respective heirs, 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 to all genders. The foregoing conditions, all and -singular, being performed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor, otherwise to be and remain in full force and effect. IN WITNESS WHEREOF, the Mortgagor(sl ha ve hereumo set their hand(s) the day and year first above written. In presence of: ~ [SEAL] INDENT VALD -~ [SEAL i %~ j SEAL j Y L,tVALDEZ ~ ~ ~ (SEAL] iSEALJ STATE OF NEBRASKA, Sr: CUUNTY OF Hall GPO 941.138 On this 4th day of Noveetdaer , A.D. 19 82 ,before me, a Notary public in and for said County, personally came Vincent Valdez and Mary L. Valdez, Husband and Wife personally to me known to be the identical persons whose names are affixed to the above and fore- goinginstrument as Mortgagor. and they have acknowledged the said insttvment and the execution thereat to be their voluntary act and deed, for the purposes therein expressed. 1n testimony whereof. I have hereunto set my hand and atf'txed by Notarial se at Grand Island, Nebraska on the day and date last above written. ~ t ~ i~ Notary Public aiwpltllt, Y9A6 STAT£ OF NEBRASKA ss Filed for record this day of at o'clock recorded in Book Pagt of A.D, 19 M., and entered in Numerical Index, and of Mortgages, on Registee of Ueeds sdtsL3-~2143M_t9~'191 .tor s.a.x~•