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<br />~~-r~Cor'd~cq~ (1U47t39
<br />!0. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit nor permit waste
<br />upon said land, nor suffer the said premises to he used for any unlawful purpose.
<br />1 t. That if the premises, or any part thereof, he condemned under the power of eminent domain. or acquired for a public
<br />use. the damages awarded, the procesds for the taking ot, or the consideration fur such acquisition, to the extent of the full
<br />amount of indebtednes upon this mortgage and the nott which it is given to secure remaining unpaid, art herctiy assigned by the
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter vn account of the next
<br />maturing instaflmems of such indebtedness.
<br />12. The Mortgagor further ogees that should this mortgage and the note secured hereby not be eligible for in-
<br />surance under the National Housing Act within Sixty Days from the date hereof Iwritten statement of any officer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the Sixty Days time from the date of this mortgage, declining to insure said
<br />note and ttris mortgage, being deemed conclusive proof of -such ineligibility}, the Mvrtgagee or holder of the note
<br />may. at its option, declare all sums recurred hereby immediately due and payable.
<br />13. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to artd
<br />compty with any of the conditions or ageerhents contained in this mortgage. or the note which it secures. then the entire princi-
<br />pal sum and accrued interest shat) at once become due and payable. ai the election of the Mortgagee; and this mortgage may
<br />thereupon be forecbsed immediately for the whole of said money, interest, monthly payments. costs, ground rents, taxes and
<br />the cost of extending [he abstract of title from the-date of this loan to the time of commencing such forecbsure suit, and a rea-
<br />sonable attorney's fee, all of which shat! tx included in the decree of :foreclosure: and the contract embodied in this mortgage
<br />and the nnte secured hereby, shaft in all respects he governed. construed and adjudged br.= the laws oP Nebraska, where the
<br />same is made.
<br />The covenams herein contained shall bind. and the benefits and advantages shall insure to, the respective heirs, executors,
<br />administrators. successors and assigns of the parties hereto. Whenever used. the singular number shall include the plural, [he
<br />plural the 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 legal import, [his conveyance
<br />shall be void and said premises released at the expense of the Mortgagor, otherwise to he and remain in full force and effect.
<br />W WITNESS WHEREOF, the Mortgagor(s) ha ve hereunto set their hand(sl the day and year first
<br />above written.
<br />In presence of:
<br />INDENT VALDI' (SEAL]
<br />~ _ [SEALI
<br />(SEAL)
<br />Y L ALDE Z `, 5
<br />/ _ [SEAL[
<br />[SEAL[
<br />STATE OF NEBRASKA, l
<br />ss:
<br />COUNTY OF Hall
<br />can 917.738 -
<br />On this- 4th day of November . A.D. 19 82 ,before me,
<br />a Notary Public in and for said County, personally came -
<br />Vincent Valdez and Mary L. Valdez, Husband and Wife
<br />,personally [o me known
<br />to be the identical persona whose names are aN'ixed to the above and fore-
<br />going instrument as Mortgagor, and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />In testimony whereof, I have hereunto set my hand and affixed by Notarial set Grand Island, Nebraska
<br />on the day and date last above written.
<br />~ Notary Public
<br />•wttl~a Jrati29.196G
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of A.D. 19
<br />at o'clock M., and entered in Numerical Index, and
<br />rccvrded in Book of Mortgages, on
<br />Fage of
<br />Register of Deeds
<br />rtu0-82ta3tN try-~,s,i
<br />
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