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7z~--~ $?~}'7~`~'t~ <br />t0. That the Murtgagor uia kezp the huildines upon said premisea in good repair, and neither commit nor permit waste <br />upon ,aid rand, nor suffer thz said premises to hz uszs for am ^nia~~~ful purpose. <br />1. Tha[ it [he premises. or am part thereof. he candemneti under the powzr of eminert domain. or acquired for n public <br />ust. the damages ast~arded. the proczzds for the taking of..r the amsideratinn for such acquisition, ut the extent of the full <br />atnaunt of indebtednes upon this mortgage and the Hate+: hick it is gi.en to szcurz rzmaining unpaid, are hzreby~ assigned by the <br />Mortgagor to the Mortgagee. and shall be paid F.,rthts ith to raid Mortgagee to be applied by the latter on account of the petit <br />ma'.uring installments of such indebtedness. <br />;'. The Mortgagor tusihrr agrzes that should !hip ~^ortgagz ;ind the note secured hzreh~ not be eligible for m- <br />surmce nnder the Nstional Housing act ssithir, 5iX ty days from the date hereof htntien statzment of any oiTicer <br />of the Dtpartntent of Housing and 1`rban 1>eszlopmen[ or authorFzed actor of the Secretor} of Hou;irg ;ind Urban <br />E?eezlopment dated subsequznt to [he s1htV a``r5 time from [he dale of this mortgage, declining to insure u9id <br />nose and tltis mortgage. being dzzmed concius++~e ;froo~ oY si;ch ineligihiiityt, the Mortgagez ;,r holder ut' the note <br />may, at its option. declare ail sums secusred herrhy- immediateil due and pax~ahle. <br />1?_ that ii tht \tortgag+,r fails id make am' payment of rnanz~ when thz same become duz, or fails to conform to and <br />cemplc with any of the conditiisns or a;.,reernznts amtained in this mortgage, or thz note [s hich it secure,. Then thz enure princi- <br />pal sum and accrues inurest shat: at once Income duz and payahle, at the zltction of the Morteagee: and thi. mnrtgaee rna}- <br />thereupon ~ foreclosed immtdiatel} for the s+hole of said money. interest, monthly payments. costs. ground rents. rates and <br />the cost of extendinc the abstract ^f ti!Iz fmm the date of ;his loan to :hz time of commencing such forechnure suit and a rca- <br />sorahle attorney's frz, a!1 of Nhich sha':l be inciudzd to the decree of ;forecinsure: and the contr ct emhodi,:d in this inortgagz <br />and the noiz sz:cured lteseb±. stlafl in al' resprcts be c,sFz;ned. construed and adjudge+i by the lax+s ;+f !~tbr.+ska. where the <br />vmz is made. <br />The awenants hereon ssntain:~i ;hat': hind. and Ih.: hzneiits ; nd adx-antages ;haii insurz to. the rz.pzctixe heirs, executors. <br />adminlstrakas, suse;sor> and as,igns of the p.vtie; hereto. ~'.~htnzser used, the singular number .hall include thz plural thz <br />plural the singular, and the use of an. senser,h:.+ll bz arphca'nle to::Ii gznder;. <br />i fx foregoing ..~ndiuon..:ri' an,i >+.niv; r. !Pine o_ rr7,,rmed a.cnrdin~, t,~ [hzir natural ans Izgol import, this conszyancz <br />.,haii 1•e x ais and ;aid premi;zs telzasrd at the etpense of the Mortgagor: othzrss i;e t., he and remain in full fore and effect. <br />t\ N 1TI:F.Sc 1t~HFREl1F. the tlottg.+gorts! ha hereunto set itandt,t the da} and year first <br />5t,Ox? NriIten. <br />1n pFeSenY of ~1 <br />;dr~~ lei ~_,~ 19 a a.~ ~ SE .af_ 1 <br />Robert M. Peterson <br />[ SF.aL i <br />r? .' <br />.L.'; ~i -t ~ JL'13'/ F a tr. q SEAL ) <br />~ -- <br />~ttcart ~.7 Pe r¢On ; cEA1. ) <br />~ SEAI, <br />,.PC 5f1.13? <br />STATE tlF \EBRaSt~ a. <br />~: <br />ilnih;s 33th ds> of tio~eriber , ~.D. S9 7gbzforemr. <br />a ntjtarY public in and `for .aid C:wn[v. pens;,nallt' came <br />Hobert ~F. Peterson and Susan J. Peterson, husband and wife <br />,personally tome know n <br />Tn be ztxs,ca~1 ~, u;--, B a hr,it. none 5 are sifised to rise atxix•e and forz- <br />gniz;gmstrument as iiongagsx, and tile?: h3~,se acktiox lzdeed the said instrument and the <br />ttreubon zhrr~ ; to dr +he li +aluntary act and deed. for the purposes therein expressed. <br />my srxlat Grand Island,Nebraska <br />In ic'strmon3 'lherc+*f, i have herruarl., set my hand and athsed by <br />on zhe dot azxd date 3nst a~ ~ z ,annrn ,„; ~ ~ <br />,~,,;' f <br />xrxfi....:. _ xn+te+s lyractt !scitart PubLc <br />~-~ ~~-- t <br />STAT`EOF!s1F}tRASAA xs <br />Filed fixr eet'sud zhis dos s~ <br />ffi o'cioct <br />zr~emdtd itt Book <br />Psis of <br />A d. 14 <br />45., and entered in 'numerical lndet. and <br />of Mortgages. cw <br />Reeister t+f Deeds <br />FNA-2143M (10-7]) <br />