Laserfiche WebLink
~Cl-~Or~.~7od ~ <br />10. That 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 premisex to be used for any unlawful purpose. <br />! t. That if the premises, or any part thereof, be condemned under the power of eminent domain. or acquired for a public <br />use, the damages awarded, the proceeds for the taking of. or [he consideration for such acquisition. to the extant of the foil <br />amount of_indtbtednes upon this mortgage and the note which it is giver. to severe remaining unpaid, are hereby assigned by the <br />Mortgagor to-the Mortgagee. and shat! be paid forthwith :o said M1{ortgagee to be applied by the latter an account of the next <br />maturing insta!Iments of such indebtedness. <br />12. The htArtgagor further agrees that should this mortgage and the note secured hereby not he eligible for in- <br />suranceunder the National Housing Act within 60 days-- from the date hereof (written statement of any officer <br />of the Department of Housing and Urban Development or authorized agert of the Secretary of Housing and Urban <br />tevelopment dated subsequent to the 60 days time from the date of this mortgage, declining to insure said <br />note and this mortgage, being deemed conclusive proof of such ineligibilityl. the Mortgagee nr holder of the note <br />may, at its option, declare alf sums recurred hereby immediately due and payable. <br />13. That if [he Mortgagor fails to make any payments of money when the same become due. or fails to conform to and <br />comply with any of the conditions or agreements contained in this mortgage. or the ante which it secures, then the entire princi- <br />pal sum and accrued interest shalt at ante become due-and payable, at the election of the Mortgagee; and this mortgage may <br />thereupon be foreclosed immediately for [he whole-of said money, interest. monthly payments, costs, ground rents, taxes and <br />the cost of extending the abstract of tide from the date of this loan to the time of commencing such foreclosure suit, and a rea- <br />sonatiie attorney's fee. all of which shah be included in the decree of ~f«reclosure: and the contract embodied in this mortgage <br />and [he note secured fiereby, shall in al? respects he governed.:,onstrued and adjudged by the lawn oC Nebraska, where the <br />same is-made. <br />-The wvertants-herein contained shall bind. and the benefits and advantages shalt insure to, the respective heirs, executors. <br />administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, [he <br />plurat the singular; and the use of any gender shalt be applicable to all genders. <br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this- conveyance <br />shad be void and said premises released at the expense of the Mortgagor. otherwise to he and remain in full force and effect <br />IN WITNESS WHEREJF, the Mortgagor(sl hu ve hereunto settheir hand(s) the day and. year first <br />above written. <br />In presence of: <br />~~ ? <br />~~ [SEAL) <br />Michael J. Osbefg <br />ISEALI <br />[ SE,4L I <br />Susa a I. Osberg (SEAL) <br />,SEALI <br />ST ATEQFNE3RASI{A. <br />ss: <br />CQUNTy QF ~~ <br />tlntltis i2nd day o[ July <br />€+rrotaz-y_ pubSic <br />. A. D. t9 60 . i>efore me. <br />in-and-fer said County. t><rsonalty come <br />Michael J. Osberg and Susanne I. Osberg, husband and wife <br />. personally to me known <br />to be the identical persons whose names are affixed to the above and fore- <br />goinginstrument as Mortgagor, and they have acknowledged the said instrument and the <br />execution thereof to be their voluntary act and deed, far the purposes therein expressed. <br />In testimony whereof, f have hereunto set my hand and at6xed by my seal at Grand Island, Nebraska <br />on the day and date last above written. ~'~ ~~ ~ } <br />_-_,...._.._. .~~~ ~ trt N~J <br />'~„- ;,s:rK . Notary Ptrblic <br />r ~..:~ <br />STATE OF NEBRASKA ~ _ r ' _ "- <br />Fikddorracord this day of <br />at o'clock <br />re:orded in Book <br />pogo: of <br />A.D. I9 <br />M. _, and ertered in Numerical Index, and <br />of Mortgages, on <br />Regis[ee of Deeds <br />FHA-2fdaM 11a~7 ii <br />