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~ .-.w_ . <br />10. 'that the Mortgagor will keep the buildings upcm said premises in good repair, and neither commit nor permit waste <br />upon said land. nor suffer the said premises to be used for any unlawful purpose. <br />I1. Thai if the premises. or any part thereof. 6e condemned under the power of eminent domain, or acquired for a public <br />use, the damages awarded, the procetds tae the taking af, ar the consideration for such acquisition, to the extent of the full <br />amount of ittdebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the <br />.'+lcrtgagar to the Mortgagee, astd shall be paid forthwith to said Mortgagee ro he applied by the latter on account of the next <br />maturing installments of such indebtedness. <br />1?. The Afortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in- <br />~erancr under the AEatianal Nousitig Act u°it:,in sixty days from the date hereof [written statement of any oft'tcrr <br />of the Department of Housing end Urban Development os authorized agent of the Secretary of Housing and Urban <br />Development dated subsequrnt to the sixty days time from the date of this mortgage. declining to insure said <br />note artd this mortgage. being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note <br />may, at its opiron, declare zlt sums recurred botchy immediaiely due and payable. <br />13. That it the Mortgagor fails to make any payments of money when the same become due. or fails to conform io and <br />comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, then the entire princi- <br />pal sum and accrued intertsz shall at once become due and payable. at the election of the Mortgagee: and this mortgage may <br />thereupon be foreclosed immediately for the whale of said money. interest. monthly payments, costs, ground rents, [axes and <br />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- <br />sonable attorney's fee. all of which shall be included in the decree of fareelasure: and the contract embodied in this mortgage <br />and the Hatt secured hereby, shalt in all respects tse governed, r_onstrued and adjudged by the laws of Nebraska, where the <br />same is made. <br />The covenants herein contained shall hind, and the benefiu and advantages shall insure to. the respective heirs. executers, <br />administrators, succcs-sars and assigns of the parties hereto. Whenever used. the singular number shall include the plural, the <br />plural the singular, and [he use of any gender shall t+e applicable to al(genders. <br />The foregoing conditions, all and singular. being performed according to their natural and legal import, this conveyance <br />shalt be void arttl said premises released at the expense of the !~inrtgagar: otherwise to be and remain in full force and effect. <br />IN WETNESS WHEREOF. the Mortgagortsl ha ve hereunto set their hand[st the dzv and year first <br />above written. . <br />In presence of: <br />~xx,~ <br />~cL~t~~;` ,'i ,- ~. f~~,{_(} :~ / (SEAL I <br />S7 PEEEN J. DOtR;LAS ~~'° <br />~ f SEAt_ I <br />LIt$}A L. D(XJG:.AS <br />(SEALI <br />(SEAL( <br />cvs ?a t.t ee <br />STATE OF NEBRASKA. ~ s <br />COUNTY OF bail <br />z)tt this 23th day of March 4-ll. 19 91t+efore me. <br />rtOtHYy public in and for ,uid County. personally came <br />Stephen 3. Douglas and Linda L. Ilouglas, husband and wife <br />. prrsunaily to me known <br />W be the identical person S whose name s ale affixed to the ahose:tnd fore- <br />going itrstrament as Mortgagor, and they have acknowledged the said instrument and the <br />rxecut~n thereof to tt~ their aokuntarp act and deed. for flit purposes therein expressed. <br />In to«+mony whereof. I ha.r hereuntu,et my hand and atEixed bs notarial seal at Grand Island <br />sm the day and dale last above written. _ ~ <br />gt, r,~. tip, iUttr~ilM 'rotary Public <br />STATE OF tiEtiRASKA <br />Filed for recoed itus da; of <br />ai o'clock <br />recorded in lEeak <br />E+.rle of <br />A.D. 19 <br />~i., and entered in Numerical Index. and <br />of Mortgages. un <br />Rrgistcrnf E?~~ds <br />Hsic:.atta3ss ts;rttt <br />