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14. 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 />1 L That if the premises, or any part thereof, be condemned under the power of eminent domain, or acquired far a public
<br />use, the damages awarded. the proceeds for the taking of, or the consideration for such acquisition, to the extent of the full
<br />amount of indebtcdnes upon this mortgage and the note which it is given to secure remaining unpaid. are hereby assigned by the
<br />bfortgagor to the Mortgagee, and shay. be paid forthwith to said Mortgagee to be applied by the latter an account of the next
<br />maturingrnstallments of such indebtedness.
<br />i~. The Mortgagor funkier agrees that should this-mortgage and the note secured hereby not be eligible for in-
<br />surance under the National Housing Act within 60 days from the date hereof {written statement of any offtcer
<br />of zhe Bepanment of Reusing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent so the 6Q days time from [he date of this mortgage, declining to insure said
<br />Hate and ttu, mortgage. being deemed conclusive proof of such iheligibility), the Mortgagee or holder of -the note
<br />may. at its option, declare ail sums secured 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 and
<br />comply with any of the conditions nr agreements 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, at Ehe election of the hortgagee: and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money. interest, monthly payments, costs, groand rents. taxer and
<br />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-
<br />sonable attorney's fee, atl of which shalt be included in the decree of ;foreclosure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall iri all respects be governed, amsirued and adjudged by the taws of Nebraska, where the
<br />same is made.
<br />The egvenants herein contained shall bind, and the benefits and advantages shall insure w, the respective heirs, executors,
<br />administrators, successors and assigns of the parties hereto- Whenever used. the singular number shall include the plural, the
<br />pltual the singular, and the use of any gender shalt be applicable to al! genders.
<br />The foregoing conditions, all and singular, being performed according to they nature! and legal import, this conveyance
<br />shat) be void and said premises released at the expense of the Mortgagor. otherwise to be and remain in full force anti effect.
<br />FN WITNESS WHEREOF. the Mortgagor{s) ha s hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />[SEAL]
<br />>Q-_al R. Lyons
<br />(SEAL]
<br />[SEAL}
<br />-~ ~6./yt ~, ~~jSEAL]
<br />Cindy L. ~y ns
<br />ESEAL]
<br />_ OPO 941-136
<br />STATE OF NEBRASKA. .flDtltR7-sxeate~f°
<br />ss: SAKf}R`R R, Q8€RYE1fR
<br />COUNTY OF ALL -~' My Gram. Ex .June 15.1
<br />On this Z6 day of March , A.B. 19 79 , before me,
<br />a in and for said County, gersanally cattle
<br />lv'ea1 R. & Cindy L. Lyons, husband and vriPe
<br />to be-the identical person swhose names are affixed a the ahoy and form
<br />going frzsirxment as Mortgagur, and they have acktawledged zhe said insirrment and the
<br />extcution 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 seal at Grand Island, Nzbraska
<br />on the day and date last above written, r-
<br />Notary Public
<br />STATE OF NEBRASKA ss
<br />Fi3ed-for record this day of
<br />at o'clock
<br />recorded in Book
<br />Page of
<br />A.B. 19
<br />M., and entered in NurnericaE Index, and
<br />of Mottgages, on
<br />Register of Deeds
<br />PNn.sisann fro-7~)
<br />
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