80007260 - Laserfiche WebLink

Browse

Ifl.. That the Mengagor will keep the buildings upon said premises in grerd repair. artd rttitfa-r commit nor permit w~aHe uQrm said Fartd, rtor softer the said prtmisrs to be used tar nay tttYawfut purpose- ! I. That H tfir prrmises, or any part thereof. be condemned uttder tbe power of eminent domain. ar acquired for a public use, the damages awarded, the procteds for the taking of. or the considerazion for sucfi acquisition, to the exttrtt o! the full ~ amount of indebtedxs upon this mortgage and the rtae which rt is givrn to secure remaining unpaid, are hereby assigned by the ~ Mortg~ar to the Mortgagee. and shaft be paid forthwith to said Mortgagee to be applied by the tatter on acecwnt of the nett ~ tnatttring installments of such itidebtedttess. 12- The Mortgattor further agrees that shatld this mortgage and tfic noee scored heret+y rat be eligible for in- ~' sunnce tinder the National Housing Aci witftia ~ daYs from the date hereof (written statement of any olfietr ~' of tfie Departmem ~ Housing artd lJrban Development or authwized agent of the Secretary of Housing artA lh•Fun 7 Deveopment dated wbsequent to the 60 days time from the date of this mortgagr, declining [o inwre said t, tithe atsd this mortgage, being deemed coxlusroe proof of such ineligibility}, the Mortgagee or holder of the note - ttmy. at its option. declare all sums secwred hertby immtdiazely due and payable. 13. That if the Mortgagor fails to make any payments of money when the same become due, or fails~to conform [o atd wmply with any of tbe conditions or ag: cements coniairted in this morgage. or the note which it ucures, then ttte entire princi- pal sent and accrued ititeresi shall ai once became dot and payable, az the ekefiwt of tbe Mortgagse: and this mortgage may tberettpon be foreclosed immediately for the whole of said money, interest, month{y paymenu. cosu, groutut rents. taxes and the cost of extending the abstract of title from the date of this loan to the time of commencing such forecosure suit, and a rea- soeabk attoriity's tee, afS of which shall be included in the decree of foreclosure: and the coact embodied in this mortgage arm the ,note sectued beeeby, shallrn aft respects be governed, conw.rtted and adjudged by tbe taws of Nebraska, where the same is made. "file covemats herein contained shall bind, and the benefits and advantages shall insure to. the respective heirs, extcttiors, attmirnistratars, strccessors and assigns of [he parties hereto. Whenever used, the singular number shall include the phtrai, the pftual the settgtttar, and the use of any gender shall be applicable to all genders. T7he foregoing conditions, alt and singular. being perfgrmed according to their natural and legal import, this conveyance shall be void and said premises released at the expense of the Mortgagor: otherwise to be and remain in full force and tftect. f!d WITNESS WHEREOF. the Mortgagor(s) fin ve hereunto set their bandlsl tftc day and year first about wxi~tten. In presence of: ~ C-'~~_ 1 SEAL. J ~ Jay B. Johnson (SEAL J ~t~ ~ J rte, A_ ~Ci!\7LQ Y^ 11 Cs11\M A X~ . t (SEAL (SEALJ JSEALJ STATE OF NEBRASKA. 55: CC1[fN'T'1" OF (fall On this 16th day of necetrd>er ..4. D. 19 B0, before me. a rotary pit3alic in and far said County, persotiaify came Jay B. Jrahrtrson and Carla K. 3ohtison, husband and wife . personally w me kttown to be the identical persons whose names are atBxed to the above and fore- gtiiag instrument as Mortgagor, and they have acknowledged the said instrument and the exeeuticm thtrwf lobe their voWntary act and decd, for the purposes therein e.xpresaed. in testbnoay whereof, I have hereumo set my hand and affixed by ttry seal at Grand Ss land, ?7E un the day aruf date last nbovc writun, fi6plt-AIS tY 1 otary Public STAT`fjQ,FNEBRASKA ss Fifldd'forrecord this day of A. D. 19 at ©CIaCk M., and entered in Numerical Index, anJ ~~ ofMartgages.on Register of [keds wi:u~ia~xi i€.%vs