|
10. Tha' the Mortgagor wil} keep the buildings upon said premises in good repair- and neither commit nor permit waste -
<br />upon said lar.3, nor suffer the said premises to be used for any unlawful purpose. -
<br />11. That if the premises, or any part thereof, be condemned under the power of eminent domain, ar acquired for a public _
<br />use. the damages-awarded, the proceeds for the taking of, or the consideration far such acquisition, io the extent of the: full
<br />amount of iadebtednes upon this mortgage and the note which iz is given to secure remaining uepaid, are hereby assigned'oy the -
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee tv be applied by the latter on account of the next -
<br />maturing installments of such indebtedness. -
<br />12. '[7te Mortgagor further agrees that should [his 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 af.anv offtcer
<br />of the Department of Housing and Urban Development or auihoriud agent of the Secretary of-Housing-and Urban
<br />Development 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 ineligibility), the Mortgagee or holder of the note
<br />may, a[ its option, declare all sums securred hereby immediately due and payable.
<br />13. That if the Mortgagor faits to make any payments of money when the same become due, or fails to conform to and
<br />comply with an; of the conditions or agreements contained in this mortgage. or [he 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: and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes and
<br />the cost of extending the abstract of title from tfie date ofthis loan io 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 doredosure: and the contract embodied iti this mortgage
<br />and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the
<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 numbxr shall include the plural, the
<br />p}ural the singular, and the use of any gender shall be applicable to all genders.
<br />The foregoing conditions, all and singular, being performed according to their natural and Legal impart, this conveyance
<br />shall be void 2nd said premises released at the expense of the Mortgagor, otherwise to be and remain n.full force and effect:
<br />IN WITNESS WHEREOF. the Moneagorts) ha 4e hereunto set their hand(s1 the day and year first
<br />above written.
<br />[n presence of:
<br />~~-Ot°~~/`-f ',"''"- [SEAL
<br />Richard S. Smithson
<br />[SEAL]
<br />~~_~~~~ -t-~-~d.[+.ft~ [SEAL)
<br />J dy L. mithson
<br />[ SEAL 1
<br />STATE OFNEHRASKA. }
<br />7i} ss:
<br />COUNTY OF HP3,L
<br />On this 30th day of July
<br />a notary public
<br />A. D. 19 S0, befara me,
<br />in and far said County, personally came
<br />Richard S. Smithson and Judy L. Smithson, husband and wife
<br />[SEALI
<br />GPC 441.t 3B
<br />. personally to me known
<br />to be the identical person swhose name s are affixed to the above and foro-
<br />goinginstrument as Mortgagor, and they have acknowledged the said instrument and the
<br />execution thereof to be their voluntary act and deed, for the purposes therein expressed.
<br />!n testimony whereof, I have hereunto set my hand and atfixed by mY seal at Grand Island, Nebraska
<br />on the day and date last above written. .,
<br />/(°'~/~ 1
<br />1 CEXEPAI npi:pY - Strte of NeMaaEa Notary Pu lie
<br />ewntE L. STE BEC~
<br />STATE OF NEBRASKA i s$ty `'0mm. Cxp.y7-L
<br />------~_
<br />Filed for record this day of A D i9
<br />at o'clock M., and entered in Numerical Index, and
<br />recorded in Hook of Mortgages, on
<br />Page of
<br />Register of Deeds
<br />F HA~2143M (ta-7)1
<br />
|