80004628 - Laserfiche WebLink

Browse

X30--- 004628 a~ 10. That the Mortgagor will keep the buildings upon said premises in good repair. and neither commit nor permit waste - upan said land, nor suffer the said premises to be used for any unlawful purpose. - 1 I. That if the premises. or any par[ thereof. be condemned under the power of eminent domain, or acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration fat such acquisition. to the extent of the full amount of ir[debtednes upon this mortgage and the no[e which it is given to secure remaining unpaid, are hereby assigned.hythe - - - Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter on acctnrnt of the next -- maturinginstallments of such indebtedness. - - -- 12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- --- -- suranceunder tbe National Housing Act within60 days from the date hereof (written statement of artyoffieec- _- of the Department of Housing and Urban Development or authorized agent of the Secretary of Housing and. Urban. ~ - Developmentdated subsequent to the 60 days time from the date of this morggage, declirsirtg toinst[re-said: - [rote and this mortgage, being- deemed conclusive proof of such ineligibility). the Mortgagee or holder of - the rwte may, a[ its option, declare all sums securred hereby immediately due and payable. I3. That B the Mortgagor fails to make any payments of money when the same become due. or fai}s to conform to and -- - complywith any of the conditions or agreements contained in this mottgage, or the note which it secures. then the entire prrnci- - 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 immedistely for the whole of said money. interest, monthly payments, costs, ground rents, taxes and -- - - - thecost of extending the abstract of title from the date of this loan to the time of commencing sucfi foreelosure suit, and-a tea- - sonable attorney's fee, all of which shall be included in the decree of dnredosure: and the contras[ embodied in this mortgage - and the.note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, wherdthe - same ismade. - The covenants hereir, contained shall bind. and-the benefits and advantages shall insure to, the respective heirs: executors, admiedstrators, successors and assigns of the parries hereto. Whenever used, the singular number shall include the plural, the- plural the'singular. and the use of any gender shall beapplicahle to all genders. '. The foregoing conditions, all and singular, being performed according to Eheir natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor; otherwise to he and remain in foil force and effect: ~, IN WITNESS WHEREOF, the Mortgagor(s) ha ve hereunto set their hand(s) the day and year first above wrttrn. In presence of: [SEAL ~ Danny G. McCray ~~/p ~ SE.4I. ~aw~,..-'1 ". ~ t -.lis`.''I (SEAL ( (SEALI Ella V. McCray I SE,41. ( ~~~ sre eat.l3e STATE OF NEBRASKA. ss: COtiNTY OF HALL. On this 27th day o[ August ..4. D. 14 80 ,before me. a notary public in and for said County, personally came Danny G- McCray and Ella V. McCray, husband and wife . personally [u me known tolx the identical person s whose names are adixed to the above and fore- going instnrment as Mortgagor, and they have acknowledged the said instrument and the execution thereof to be their voluntary act and deed, for the purposes therein expressed. In testimony whereof, I have hereunto set my hand and affixed by my seal at Grand island, Nebraska on the day and date last atwve written. (y/'1 ~ / ~j /) r~Egcet ,~ ._._.. b ~li~i ..~"Ir' ~~. C!- ilA.tl~G~lW / t! Notary frl/ Ill' MI Jon~al STATE OF NEBRASKA "'.~"SS-----°- Filed for record this day o[ at o'clock xacordcd in Book Fage of ~t. D. Iv M., and entered in Numeric;a Endex, and of M1tortgages. on Register of Ueeds r riA-214aM 110-)11