$Q~ GG~367
<br />10. That the Mortgagor will keep the buildings upon said premises in good repair. and neither commit rtes permit was[e
<br />upon said land, nor suffer the said premises to be ^sed for any unlawfu3 purpose.
<br />I1. ThaE if the premises, or any part thereof. be condemned under the power of eminent domain. nr acquired for a pt+biic
<br />use, the damages awarded, the proceeds for the taking of, or Ehe consideration for such acquisition, to the extent of the full
<br />amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by [he
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter on accourst of the nett
<br />ma[u[ing installments of such indeb[edness.
<br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for fn-
<br />suranceunder the National Housing Act wi[hin 60 days Gom the date hereof (written statemem of any oflScer
<br />of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the 60 dayys time from the date of this mortgage. declining to insure said
<br />«ote and this mortgage, being deemed conefusive proof of such ineligibilitvl. the Mortgagee or holder of the note
<br />may, at its option, declare all sums recurred hereby immediately due and payable.
<br />li. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to and
<br />comply with any d 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 onee 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 the date of this loan m the time of commencing such foreclosure suit, and a rea•
<br />sortable attorney's fee, all of which shall he included in the decree of :foreclosure: and the contract embodied in 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 advamages shall insure ro, the respective heirs, executors.
<br />adminsstratars, successors and asrgns of the parties hence. Whenever used. Ehe singular number shall incWde the plural, ibe
<br />plural the singular, and the use of any gender shall be applicable to all genders.
<br />The (ongoing conditions. alt and singular. being performed according to their natural and legal import, this conveyance
<br />shalt be void and said premises released at the expense of the Mortgagor, aiherwise to he and remain in full force and effect.
<br />IN WITNESS WHEREOF. the Mortgagor(s) have hereunto set their hand(s) the day and year first
<br />above written.
<br />In resence of: {
<br />P ~ -aJ a'uJ,c-~ try i. ~~.1':t ~.l'1,r.c.cl~-._
<br />gg 44 - [SEALI
<br />hQSeattornevcinr~ac Be sly J. Kercher,
<br />1 ISEALI
<br />~~ °`'--`~-ice ~'r ° ~-~ ` . f S E.A L I
<br />Bever l~ J. Kercher
<br />- ISEALI
<br />I SF.AI. I
<br />1820 N. Hancock, Grand Island, NE 68801
<br />STATE OF NEBRASKA. ~ s`
<br />COUNTY OF Hall ~ ,
<br />On this 15th day of August . A. D. I9 80 , before me.
<br />a Notary Public in tmd for said County, persunNly came
<br />Beverly J. Kercher as attorney in fact for Roger G. Kercher and Beverly J. Kercher
<br /> . prnunalk tome know n
<br />to be the identical person s whose names are atbxed w the above and &rre-
<br />goirtginstrument as Mortgagor, and they have acknowledged the sairi instrument and the
<br />execution thereof to ho their voluntary act and deed, for the purposes therein exprexcJ.
<br />In testimony whereof. I have hereunto set my hand and ufiized by my seal at Grand Island, Nebraska
<br />on [he day and dale last above written.
<br />~r ~-Nay M MMr~b
<br />~ LS
<br />R, s. 1.MICA6T[II ,NOtarv Public.
<br />~,ti,..~.~~,a~a
<br />STATEOFNEBRASKA ss
<br />Filed for record this day of :\.ll. 19
<br />at o'elock ht., and entered in Numeric-~! Index. and
<br />recorded in Book of Mortgage., on
<br />Page of
<br /> Register o[ Deeds
<br />r~ H A 1143M 110) r+
<br />
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