- - 10. That the't4ortgagor wi!! keep the buildings upon said premises in good repair, ~ind neither cinnmit nor permit waste
<br />- upon said laud. nor suffer the said premises to he used for any unlawful purpose.
<br />1!. That d the premises, or any part thereof, be condemned under the power of eminent domain, or acyuired for a public
<br />use, the damages awarded, the proczeds for the taking af, or the consideration for such acquisition, to the extent of the full
<br />amount of indebtednes upon ibis mortgage and iha note which it is given to secure remaining unpaid. are hereby assigned by the
<br />Mortgsgor fo the Mortgagee, and shall be aaid forthwith n, said ,lfertgagrr to bz applied by the lattzr or, account of the next
<br />maturing, instatlmen[s of such indebtedness.
<br />!2. The Mortgagor further agrees tha[ shoald this mortgage and the note secured hereby not bz zligible for in-
<br />surancc uttder the National Hauling Act within Sixty Days from the date hereof (written statement of any officer
<br />of the Department of Housing and t;rban Development or authorized agent of the Secretary of Housing and tirban
<br />Development dated subsequent to the Sixty Days time from the date of this mortgage, declining to msurz said
<br />Wort and this mortgage. being deemed conclusive proof of such inrligit+ilityl, the Aiartgagez ar holder of the nace
<br />may, at its option. declare ail sum<_ stcurred htrehy immediately duz and paya~le-
<br />" 1?. That ~ the Mi~rtgagx faits to make am payments at mettey° w-hen the same txcamz duz, or fain io conform to and
<br />campiv withany of the canditians er agreements contained in this mortgage, cx the note which it secures, then the entire princi-
<br />pal sum and accrued interest shalt at once t+ecome due and payahlz, at the election of the 9iortgagee: and this martgagz may
<br />thereupon be tarecbsed immediately far the whole ofi said manly. interest, monthly payments, costs, ground rents, taxes and
<br />the cost of txtending the abstract of till( from the date of this loan to the time ofi commencing such foreclosure suit. and aera-
<br />sanabk anarney's fee, alt afi which shall be inchidzd in ihr decrez of f.+reclosure_ and ihz contract emhadizd in [his mortgage
<br />and the nt+te seeuttd berths, shalt in all respects be go.°uned. construed and adjudged by thz taws of Nehrasks, where the
<br />saint is made.
<br />The rnvertatits herein contained shall birui, attd the benefits attd advantages shall insure to. the respective heirs, executors,
<br />administrators, su~rrssors and acsigtis of the parties hcrcto. A'henzvzr used. the singular number shall include the plural, the
<br />plural ihr sir!`qufar- alai the use of aay gender shall be appficahle to all grndzrs.
<br />The fottgiti~ cat>3itiotis, ai! and siragittxt, being performed according to their natural and legal import, this convevance
<br />shat! be tad and slid premises released at tht t.apense of the Mortgagcx; otherwise to be and remain in full forcz and effect.
<br />fN WfTN6SS WHEREOF. the 1Nortgagcufs) have hereunto set their handtst the day and year first
<br />abate written_
<br />~~r/
<br />Stephen A. Glade
<br />(S£AL}
<br />((''~~ _ {SEAL }
<br />•/"u ~.i- n~~ ~ SEAL 1
<br />za ode
<br />( SEAL.
<br />STATE OF!QEHRASkA,
<br />ss_
<br />Q()l1NTYOf 8a3.3
<br />L;!a this 14th day of F€brua2.y , A.D. 19 80 , bt#ave mt.
<br />a Bptax}• ;?t~lie in and far said Cattmty, personally came
<br />Std ft-. Glade and Debra S_ Glade, Husband arui Wife
<br />Notary blu
<br />, personally io me known
<br />,~~~ iAt:~irsf s whoa t~ s are ai6xed to the about and fort-
<br />~ ~, ~ ~ *~~ acknowkdeed the said instsumem and the
<br />eta t~t+taf to br ~ voiuntaty act acid dttd, fat xhe pur}mscs thtrein rxprtssed.
<br />la try 1MfaC{7tnf, I kaut>hlro set my !read atd aAtxod by ay staff at Grand Island, Nebraska
<br />oa tie land due fatsa ahttwx >atiitte+n.
<br />
<br />
<br />STAT£t~:+fHliRASY..t ` .
<br />FRsd for rtwrd t~s day of
<br />u dc#tidt
<br />tntanndod ~ N~oalt
<br />~_ ~
<br />,PC 9i1_13A
<br />A.D. 19
<br />M„and enured in Numerical ladex,and
<br />of Martgagts. on
<br />Rtgister of Deeds
<br />FHA-$1{aM (10-77)
<br />
|