r
<br />Ifl. 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 be used for any unlawful purpose.
<br />11. That H the premises. or any par[ thereof, be condemned under the power of eminent domain. or acquired fur a public
<br />use, the damages awarded, tht proceeds for the taking of, or the consideration fur such acquisition, to the extent of the full
<br />amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgagee. and shat! be paid forthwith to said Mortgagee to be applied by the latter nn account of the next
<br />maturing installments of such indebtedness.
<br />1?. The Mortgagor further aartes 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 (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 />Development-dated subsequent to the Sixty days time from the date of this mortgage, declining to insure said
<br />note -and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee 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 [he same become due, ur fails to conform to and
<br />comply. with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi-
<br />pal sum and accrued interest fiall at once become due and payable, at the election 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 extending the abstract of title from [he date of this Ivan to the time of commencing such foreclosure suit, and a rea-
<br />sonable attorney's fee, all of-which shall be included in [he decree of ;foreclosure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants herein rnntained shall bind, and the benefits end advantages shall insure to, the respective heirs, executors,
<br />administrators, successors and assigns of the parties hereto. Whenever used, the singular number shalt include the plural. the
<br />plural [he singular, and the use of any gender shall he applicable ro all genders. -
<br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this 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 />IN WITNESS WHEREOF, [he Mortgagorls) have hereunto set their itand(sl the day and year first
<br />above written. -
<br />In presence of:
<br />STATE OF NEBRASKA.
<br />ss:
<br />COUNTY OF HALL
<br />On this 24th day v[ November , A.D. 19 82 , before me,
<br />a Notary Public in and for said County, personalty came
<br />:Sr*""~.,~-~~~ .~Trr~.,~',~ ''r'~'° ~~1--' f SEAL j
<br />~{y~ ~ ~,{,, ~ ~ ~ (SEAL
<br />r/,f~=~~Z7~ D - ..7iLYGOlll1 J [SEAL I
<br />DEANNE J. SP TTSTOESSER
<br />JSEALJ
<br />fSEAL]
<br />coo sat-r?a
<br />Kevin S. Splattstoesser and Deanne J. Splattstoesser, Husband and Wife
<br />. personally [o me known
<br />to be the identical person s whose names are affixed to the above and fore-
<br />going instrument as Mortgagor, end they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and deed, fur the purposes therein expressed.
<br />fn testimony whereof, t have hereunto set my hand and affixed by nota>=ialy seal at Grand Island, Nebraska
<br />on the day and date last above written.
<br />4~ttM11.6tgaw~l Notary Public
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Book
<br />Wage of
<br />.4.D. 19
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />Register o(Deeds
<br />,sut,.g;~ta3aa t°-r9t
<br />
|