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 />
|