<br />
<br />f0. That the Mortgagor wit! keep the buildings upon said premises in good repair, arsd neither commit nor permit waste`
<br />upon said land, nor suffer the said premises io he used for any unlawful purpose. - ..
<br />7 7. "That if the premises. or any part thereof, be condemned under the power of eminert domain, or acquired-for apublic -
<br />use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition, Io 2he extent of the-foil--
<br />amonnt of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by-the - -
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mar[gagee to he applied by the latter on account of the next
<br />maturing installments of such indeb¢edness. _
<br />12. The Mortgagor further agrees that should this mortgage and-the note secured hereby not be eligible for in-
<br />surance under the National Housing Act within 60 days from the date hereof (written statement ofany offrcer
<br />of the Department of Housing and Urban Development or authorized agent of ¢he Secretary of Housing-andUrban.
<br />Development dated subsequent to [he 6a daYs time from t#te dare of this mortgage. declining tolnsure-said
<br />note and this mortgage, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the cote -
<br />may, ai its option, declare alt sums sewrred hereby immediately due and payable.
<br />i3. That if the Mortgagor faih to make any payments of money when the same become due. or faits to conform to and-
<br />comply with•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 become due and payable, at the election of the Mortgagee; end this mortgage may
<br />thereupon be foreclosed immediately fer the whole 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 sui[,:and-a rea-
<br />sonable attorney's fee, all of which shall be inc~~ded in [he decree of fforedosure; and the contract embodied in thisinorfgage
<br />_ and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, wheredhe -
<br />same is made.
<br />The covenants herein contained shall bind, and the benefits and advantages' shall insure to, 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 />Thsf~oregoing conditions, alt and singular, being performed according [o their natural and legal import, this conveyan_ ee
<br />shall bevoid 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 `re hereunto set their handfs) the day and year first
<br />above written.
<br />[n presence of:
<br />`^OtS~J~ "",~~~---. (SEAL]
<br />Craig D. Maly ,~'
<br />(SEAL )
<br />~~ q ~ ~ (SEAL j
<br />Debra L. Maly
<br />SEAL- (
<br />STATE OF NEBRASKA,
<br />ss:
<br />COUNTY OF r;pr
<br />7
<br />On this 23rd day of ~ aly . ,-i.I}. IY Z5G before me.
<br />a notary public in and for said County, personally came
<br />Craiq D. Maly and Debra L. Maly , husband and wife
<br />GPC 931.1?e
<br />. personally to me known
<br />to be the identical person s whose name s are atTixed to the above and fore-
<br />goinginstrument us Mortgagor, and they have acknowledged the said instrurnent and the
<br />execution thereof to be their voluntary act and deed, fur the purposes therein expressed.
<br />In testimony whereof, I have hereunto set my hand and affixed by my seal at Grand Island, Nebraska
<br />on the day and date last atwve written. ~ ~ ~ ~ ~-;~ ~ ,,
<br />C~-ra-vt~t.r.. V 1 '~(~c'i,Kte(~1
<br />Notarv PoNfic
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Hook
<br />Page of
<br />A.D.Iv
<br />M., and entered in Numerical Index, and
<br />of Mortgages, on
<br />~..~.~-^ _-~ - Register of bads
<br />e~~kt Mpt~At - Sttte ai
<br />_ ELAINE L. S7E E .K
<br />FNA ~143M Ile J))
<br />
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