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~ $1- 002656 <br />tel. "that the Mortgagor wilt keep the buildings upon said premises in good repair, ~ rd neither commit nor permit waste <br />upon sisid ~a1; nor suffer the said premises to be used for any unlawful purpose. <br />fl. TI1ut'if'tfits.ptetnisas: ot° arty part thereof, be condemned under the power of eminent domain, or acquired for a public <br />use; the damages awarded, the proceeds fw the taktrtg of, or the consiaeration for such acquisition, to-the extent of [he full <br />amount of indebtedries upon this mortgage atM the note which it is given to secure remaining unpaid, are hereby assigned by the <br />Monga~u tb the Mortgagee, amt shall be paid forthwith to said Mortgagee to be applied by the latter on account of rite next <br />maturing ittdt9ltmants of such indebtedness. <br />t2: The Mortgagor fitrthxr agrees- that should this mortgage and the note secured hereby not be eligible €or in- <br />sutance user the Alational Hausirtg Act withirt. sixty. days- from-the date hereof (written statement of any officer <br />of rite I3ep~rtment of Housing and-Urban Development nr authorized agent of the Secretary of Housing-amt U>ttan <br />G1evc+top+nenY dated sttt+sequent io the sixty days time from tht date of this mortgage: declining to insure said <br />rr~ote'-and this mart; beitgt dammed c~tslusivr prnof of such istal'gjbility). the Mortgagee or holder,,of the note <br />may, at its opfiatt, declare all sums secutted hereby immediately due and payable. <br />13: The! if rite Mortgagor-faits to make any payments of money whin the same become due, or faitsxa conform to-and <br />empty trill[ any of the conditions ar agreements contained in this mottgage. or the note which it secures;: then theentire princi- <br />peat syrrcand accrued irRetest shall at once become due and payable. at the election of the Mortgagee; and this mortgage may <br />;hereupon be foreclosed- immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes-and <br />the cost of exteitdirtg the abstract of title from the date of this loan to the time of commencing such foreclosure-suit; and area= <br />sonable mtorney's fee, art of which shall be included in the decree of foreclosure; and the contract etnbodicd ifr this mortgage <br />and the tK#esecored hereby, shall in aN respects 6e governed, cottstrued and ad}edged by the laws of Nebraska, where-the <br />same is made: <br />T'fie covenants-herein captained shall-bind. atM the benefits and advantages shat! insure to, the respective heirs. execnmrs, <br />administrators, successors and assigns n! the parties hereto. whenever used, the singular number shall include the plural, the <br />phtral the singular, and the use of any gender shat( be applicable to all genders. <br />'the foregoing cotditions, all and sitgular, being performed according to their natural and legal import, this conveyance <br />shall be void and said premises released at the expense of the Mortgagor; otherwise to he and remain in full force and effect. <br />1N WITNESS WHEREOF, the Mortgagorlst ha `~e hereunto set their hand(s) the day and year first <br />above written. <br />Fn presence of <br />~//~~sri /.f! fir! (SEAL 1 <br />MICgAEi' R. SC'HLACFiTER ,SEAL ! <br />/ ~/tt~~! ~'~/ . y ~a~ ~~ 1il~lv.SJ !SEAL ~ <br />PRISCILY.A A. SCHLAt.ILTER <br />[ SEAL. ~ <br />!SEAL; <br />,PC 5i 1•t 38 <br />STATE ©F NEBRASlC.4. <br />ss: <br />coilNTY aF xui. <br />pn this 2T.ttd day of MaY ..A. D. l9 81 . before me, <br />a NtxCBty Public in amt for said C ounty, personally came <br />Michael 8. Schlacbter and Priscilla A.. 5zhlachter, 3usband and wife <br />. personally to me known <br />is be the identicsf persons whale names are afftzed Lo she above and fore- <br />goinRipurp+peM ss 6longapfr, and they have acknovwledt;ed rite said instrument and the <br />executioff thaeot to he their voluntar}' act and deed. for Ehe purposes therein expressed. <br />to testimony whereat, I have hereunto lei my hand and ailixeri br ttt~y seal at ~~d Island, Nebraska <br />cm rife day ~ date fast above written. <br />ttl _ <br />Nor Atbfie <br />M ~. - <br />STATE QF NEBRASKA ss <br />i+skd for recsacd tlt~ day of A.D. 14 <br />ai- o'clock M., and entered in i•tumetical lfdex, and <br />aged in Uu4k of Moths, on <br />; f+rllrt.- m <br />Register at Cktds <br />HUg9,~t43Rt (9•ifa? <br />