80003975 - Laserfiche WebLink

Browse

~Q"' +t~~'~~ ID. That the :4ortgagor wilt keep the buildings upua said premise. in good repair. and neuter commit nor permit waste upon said land, nor suffer the said premise io be used for any unlawful nurpose- t 1. That if the premises, or any part thereof, tte condemned under the power of eminem domain, or acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition, to the extent of the felt amount of indebtedne upon rhis mortgage and the note which it is given to secure remaining unonid, are hereby assigned by the Mortgagor to the Mortgagee, and shall be paid forthwith [o said Mortgagee to he applied by [he latter on account of the next maturing installments of such indebtedness. #. The Mortgagor further agrees that should this mortgage and the note secured hereby not bP eligible far in- suranceunder the National Housing Act within 3'~ months from the date hereof twritten statement of any officer of the 13epartment of Housing and Urban Development or authorized agent of the Seae[ary of Housing and Urban IJevelopment dated subsequent to the 3'-z months time from the date of this mortgage- declining to insure said note and this mortgage, being deemed conclusive proof of such ineligibility). the Mortgagee or holler of the note may, at its option, declare all sums securrad h: reby immediately due and payable. L. That if the Mortgagor fails' to make any payments of money when the same become due, or fails to conform to and comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi- pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee: and this mortgage may thereupon be foreclosed immediately fur the whole of said money, interest. monthly payments, costs. ground rents, taxis and 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- sonable attorney's fee, ell of which shall be included in the decree of foreclosure; and the contract embodied in this mortgage and the note secured hereby, shall in all respects he governed, construed and adjudged by the laws of Nebraska. where the ' same is made. The covenants herein contained shat! hind, and the henefits and advantages shalt insure tn, the respective heirs, executors. administrators, successors and assiens of the parties heizto. Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender shall he applicable to all genders. The foregoing conditions, ail and singular, being Performed according to their natural and legal import, this Conveyance shall be void and said premises released at the expense of the Mortgagor. otheru ise A+ he and remain in full force and?flee[. IN WITNESS WHEREOF. theAtortgagortslhave hereumoset their handtsltheda}'and yearhrst above written. In presence of: ''~'~~ ~` ~ f SEAC. THOMAS E. ROCK gg--~~~~,, / ~ I SEAL I f1 / _ ~ .. L}'~/e/ ISEALj MARY ?j K j tiE,yl_ j ( SF.A t. ~ STATE(}F NEBRASKA. t COCCNTY' OF ~ ! `s {;Yn this 31st da} of July . A.D. 19 SQbefore roe. NanCp S . KP.BFr a notar=• public in and for slid County. persnnuliy lame Thomas E. Rock and Mary C. Rock, husband and wife . penonalh to me know n m he the identical person s whose name are affiseJ n, thr ahoFC anJ tore- going instrumem as Nortgagnr. and they have acknowledged the said in.trument and the execution thereof to he their sohmwr} art and deed. for the puura>e+thrrem eipre..rd In testimony whereof. 1 have hereunto aet mG hand and utfised h} notarial s~-al at Grand Island, Yebraska on the day and date last above written. MY COMMISSION EXPIRES: l~ ~>`"~ '~ ~~--r~ " \or.+n Puhlr. ~11itMt IpG1t1'-flan k 1[N.rxb STATE OF NEBRASKA s, ~.5 KWAtW My Ccmia. F,p. Aup, 8. 198t Filed fur record this day of Iq at o cluck 41.. and entered in Numerical Index, anJ recorded in Buok of Mortgages. rnt I'agt of Register u( Deeds HUD-92743M 19-791