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f
<br />79- ~'~`
<br />'rtt,. That the ~fortgag<~>r ud9i keep sine fruifding~s u'~tROn said prre'rcari e's in gc~+od repair. tsnu! n€either cf3m~,~;rit n . ~ ~¢ rn+!? u~~;y~,5t~
<br />upon wad land.. nor suffer the said prenarises zo be ttsed ft~>r ttny ~urElltwful Ipaorlaose-
<br />1',3 Thett 9f the pretises, or any p,arp ~iherecof be~ e't'sndemned'randet tYlhe~ pC!wer of emi~nett da,main, rzr acduired for a, ptp~~Rtlir:
<br />use, rite daartages au'drded itte prtroceeds for the taking uj•. or t~'lae wonsiuferation jor suctp acyutsition. to the extent of the f'u91
<br />amount of iridebtednes upon this mortgage and the note u hicit ii is given m secure remaining unpaid. are hereb}• assigned by the
<br />Jforegagor to the ;4fortgagee, and shalt be paid .•forthwith ttr said Mangagee to he epptied by the lacer on ecceunt of the next
<br />maturing installments of such indebtedness.
<br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not he ehgible fer in-
<br />suranceunder the National Housing Act within sixty days from the date hereof twritten statement of any officer
<br />of the Ilepartment of Housing and Urban f)eretopment nr authorized agent of the Secretary of Housing and Urban
<br />f)eveiopment dated subsequent io the sixty days time from the date of this mortgage, declining to insure said
<br />note and this mortgage. being deemed conclusive proof of such ineligibility). the Mortgagee or holder of the note
<br />may, at its option, declare all sums securred 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 whit any of the conditions or agreements contained in this mortgage. or the note which it secures, then the entire princi-
<br />pal sum and accrued interest shall at once bernme due and payable- at the election of the Mortgagee; and this mortgage ma}•
<br />thereupon be foreclosed immediately for the whale 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 ?forecMsure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed, construed and adjudged by [he laws of Nebraska, where the
<br />same is made.
<br />The covenants here*.n contained shall bind. and the benefits and advantages shall insure te. 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, ail 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 Mortgagor(s) ha ye hereunto set their hand(s) the day and year first
<br />above written.
<br />fn presence of
<br />viii leer r_ i r"'L~ I SEAL, j
<br />Maxk Chu
<br />(SEAL]
<br />(SEAL]
<br />7i~~Ji.~,nv ~ ~ ~,L~C~ (SEAL]
<br />Katherine F._ Chu
<br />(SEAL]
<br />GPO 96 t•t 38
<br />STATE OF NEBRASKA,
<br />ss:
<br />COUNTY OF Hall
<br />On-this 2Dth day of November , A.B. 19 79, before me,
<br />a Notary Public in and for said County, personally came
<br />fxk Chu and Katherine F. Chu, Busband and Wife
<br />personaAy to me known
<br />~o Ex-the identirai parser. s whose tiattte s are afitxed to the shave stidfore-
<br />- - _ --going ittstrumsnt as Mortgagor, ~ttd ---- they -1}ave aeknawkdgedtitasaid instrarnenta»d the
<br />execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />In testimony whereof, 1 have hereunto set my hand and affixed by ttty seal at Grand island, Nebraska
<br />on the day and date fast afuove written.
<br />`y~~~ b rc
<br />STATE OF NEBRASKA ss
<br />Filed fer record this dap of
<br />at o'clock
<br />recnrded in Book
<br />Page of
<br />A.D. 19
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />dEBE~At NOTARY - State M MtrhhttY
<br />ELAINE 1. $ N$EGK
<br />t MgComm. fx6S~-
<br />Register of I?eeds
<br />PMA-2143M i10-7J)
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