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ir3. T'nat the :4fortgager will ~~ the 6lkiltdirkgs upon sate! ge~rnises lire gGn~ci ircpair. and n~ruher commit Herr Iperm~it lkaste <br />upan said tared, for super the saiif pr~miscs tth, lbcc t3sed fou any unlawful pdirpewse, <br />I F. That if Ithc premi,us_ ar any parr theretirf„ be condemned under 1hc,~ower of emi~nt ~omain« dx acquired frx.a public <br />use, the darnages zwarded. the proceeds for t'hc taking of, o. the con'sidtration for such acquisition. to the e.*.tent of ttse full <br />amount of indebtednts upon this mortgage and tbe note which it t3 given to secure remaining unpaid. arc hereby assigned by the <br />Mortgagor to the Mortgagee. and shall be paid forthwith to said Mortgagee to be applied b}• the latter on account of the next <br />maturing installments of such indebtedness. <br />12. The Mortgagor further agees that should this mortgage and the note secured hereby not be eligible for in- <br />surance under the National Housing Act within 64 days from the date hereof iwritten staicmtni of any officer <br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Reusing artd Urban <br />Development dated subsequent to the 64 days time from the date of this mortgage, dectirling to insure said <br />Dote and this mortgage, being deemed conclusive proof of such ineligibility), the ?Mortgagee or holder of the mote <br />may, at its option, declare alt sums securred hereby immediately due arul payable. <br />!3. That if the Mortgagor fails to make any payments of money when the same become due. or fails to conform [o and <br />comply with any of the conditions or agreements contained in [his mortgage. or the note which it secures, then the entire princi- <br />pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee: and this mo,~tgage 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 the date of this loan to the time of commencing such foreclosure suit, and a rea- <br />sonable attorney's fee, all of which shall be included in the decree of fforeclosure: and the contract embodied in this mortgage <br />acrd the mote secured hereby, shall in alt respects be governed, cons[nred and adjudged by the laws of Nebraska, where the <br />same is made. <br />The covenants 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. the <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. this conveyance <br />shall be void and said premises released at the expense of the Mortgagor: otherwise to be and remain in full force and effect. <br />IN WITNESS WHEREOF, the bfortgagor(s) ha hereunto set handisl the day and yeaz first <br />-above written. <br />in presence of: <br />~~ ""~ ~ ~ ~ [SEAL ] <br />Ronald w. Bunde <br />(SEAL) <br />~ ~y ~,, ~ p (SEAL ) <br />fit- Llsp ~ I~IIM~Il~ [SEAL) <br />Diane L. Bunde <br />(SEAL] <br /> GPO 9A1-138 - - <br />STATE OF NEBRASKA, <br />55: <br />UOUIvPi'Y OF HALL <br />fht this 1st day of May , A.D. 19 7~ before me <br />, <br />a Notary Public in and for said County, personalty <br />came <br />Ronald w. & Diane L. Bunde, husband and wife <br />to be the identical person s whose names are . peronalty to me known <br />affixed to the above a~ fore- <br />- gittttginsttttmentas Mortgagor, and they -have <br />executimt <br />tlxreof <br />to be acknowledged the said instrument and the <br />-_ - <br />_ <br />_ <br />their voluntary act anddeed, far the purposes therein expressed. <br />In testimony whereof, I have hereunto set my hand and affixed by ttty seal at Grand Island, Nebraska <br />on the day and date last above written. ~' ~ f~ <br />~ <br /> o~ k?n~ _~ <br />~M~,~L~ <br />Notary Public <br />STATE OF NEBRASKA ss <br />Fih:d for record this day of <br />' A <br />D <br />19 <br />at o <br />clock <br />recorded in Book . <br />. <br />M., and catered in Numerical htdex, and <br />of of Mortgages, on <br /> <br />gEpipxtg;;.Rxi-statactxdnaw Register of Deeds <br />rr~t(`~ ~. sty 1 <br />tAy Camm. ex? <br />- - .. _. <br /> <br />- <br /> iMA-2143M (70-7 it <br />