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79-- U ~ - 3 211
<br />I0. Tba[ 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 far any unlawful purpose.
<br />11. That if the premises, or any part thereof, be condemned under the power of eminent domain. or acquired far a public
<br />uu, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition, to the extent of the fu(I
<br />amount of indebtednes upon [his mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter an accaunY of the next
<br />maturing installments of such indebtedness.
<br />12. The Mortgagor f~tther agrees [hat should this mortgage and the note secured hereby not be eligible for in-
<br />suranceunder the National Housing Act within 60 days from the date hereof (written statement of any oflfcer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent io the 60 days time from the date of this martgage. declining to insure said
<br />note and this mortgage, being -deemed conclusive proof of such ineligibility), the ~{origagee or harder of the note
<br />may, at its option, declare al! sums recurred hereby immediatey due and payable.
<br />i3. That if the Mortgagor fails io make any payments of money when the same become due, ar fails to conform to and
<br />comply wtih any of the conditions or agreements contained in this mortgage. ar 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 mortgage may
<br />thereupon be foreclosed immediately far 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 tforeclasu.e: and the contract embodied in this mortgage
<br />atui the note secured hereby, shall in a[I respects be governed, construed and adjudged by the taws 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 />adtnitesitators, successors and assigns of the parties berets. 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 />shaft be void and said premises released at the expense of the Martgagor; otherwise to be and remain in fail force and effect.
<br />1N W[TNESS W HEREOF, the Mortgagor(s) ha hereunto set handts) the day and year first
<br />about written.
<br />in presence of: ~,.
<br />r-- ~= _~'iz~.l.GI~C-/ (SEAL }
<br />Stanle Fernau
<br />(SEAL}
<br />t~ [SEAL(
<br />1~ 'x"" iJ (SEAL (
<br />Leah L. Fernau
<br />(S£AL)
<br />GPC 9~t-he
<br />STATE OF NEBRASKA.
<br />ss:
<br />COUNTY OF
<br />On ties 24th day of HaY , A.D. 19 79 . before me.
<br />$ Notazy 1?ublio in sad for said County, personally ~tne
<br />Staaley E. Fernau & Leah L. Fernae, husband and wife
<br />persottady to me known
<br />to be the identical persons whose [came s are atTixeKl to the above and fore-
<br />~naegiss~eat as Mortgagor, std they have acknowledged [fie said insttutttent acrd the
<br />execution thereof to bt their voluntan act and deed. for the purports therein expressed.
<br />fa testimony whereof, !have hereunto act my hand std affixed by my scat at Grand Island, Nebraska
<br />an the day std date Isst shove written.
<br />SrEEli ttPT7z* -1!~lf of Cdet~ ~~l~..r.~
<br />tt.n~r.e + STFE - Ctt Notary firbtic
<br />SPATE OF NEBRASKA ss
<br />cos rt:cord. this day of
<br />alt o'clock
<br />reeasded is Beak
<br />~ ~
<br />A.D. 19
<br />M., std entered in Numerical index, and
<br />of Mortgages, on
<br />Rtgi:ter of Deeds
<br />FNA-Zt43M (ta-77)
<br />
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