81002758 - Laserfiche WebLink

Browse

$1^UO2'7~~ 10. That the Mortgagor will kelp the buildings npan said premises in good repair, and neither commit nor permit waste upon said land, nor suffer the said premises to be used fur any unlawful purpose. 11. That if the premises, ar any part thereof, be condemned under the power of eminent domain, or acquired for a public use, the [famages awarded, the proceeds far the taking of, nr the consideration for such acquisition, to the extent of the foil amount of indebtednes upon this mortga~ and the note which i[ is given to secure remaining unpaid, are hereby assigned by the Mortgagor w the Mortgages, and shalt he paid forthwith to said Mortgagee to he applied by the latter on account of the next maturing instaltments of such indebtedness. }?. The Mortgagor further agrces that should this 'mortgage and the note secured hereby not be rligible for in- surance under the National Housing Act within 60 days from-the date hereof (written statement of any officer of the Departmem of Housing and urban Development or authorized agent of the Secretary of Housing and Urban Development dated subsequent to the 6 0 daps time from the date ofthis-mortgage, destining to insure said torte and this mortgage, being deemed conducive proof of such ineligibility), the Mortgagee or hok_der_ot the note may, at its optron, declare alt sums recurred hereby immediatety due and payable. 13. That if the Mortgagor tai}s to make any payments of money when the same become due. or fa}Is to ~ttform to and comply with any of the candilians or agreements contained in this mortgage. or the note which it secures, then-the entirt princi- pal sum end accrued interest shall at once become due and payab}e, at the election of the Mortgagee;" and this mortgage may thereupon be foreclosed immediately for the whole of said manry. interest, monthly payments, costs. ground rents, taxer and the c[xt of extending the abstract of title from the date of this ioan to Qte time of commencing such foreclosure suit. and a rea- sonabk attorney's fee, aA of which shall he inctuded in thr decree of foreclosure: and the contract embodied in this mortgage sad the note secured herchy, shad in all respects be governed. construed and adjudged by the laws of Nebraska, whtie the saint is made. The covenants herein contained rhali bind, and tht henefits and advanta.`es shall insure ta. the respective heirs, extcu[ors, administrators, successors and assigns of the parties hereto. Whenever used, the singular numher shat} indnde thep}lira}, the plum} the singular. and the trse of any gender shat! be applicable to ail genders. The foregoing eanditians, a!i and singular, txing performed accardstg m their natural and legs! import, this conveyance shall be void and said premises released at the expense of the Mortgagor. otherwise to brand remain in full Eorce and effect. I?dW}T'TtiESSWHEREDF.theM~rtgagor(<thave hereunto set their handtslthedayandyearfirst above written. [n presence of ~~li{'.,"" ""' ~ _[ SEAL 1 BRADLEY ~}! SHEARRER ~'(- _ 1 ,, , ` i SEAL [ 1.U1.4 1~ ~ J1~~.C7-~LSt-~-z [SEAL t PATRICIA G. SHEARER [SEAL] - _ [SEAL[ S'fATF OF NEBRASKA. s". COL'NTYOF Hall ~iPO 9dt-f J9 l~nthis 28th dayaf May .A. D. i9 gl,hrfurtme, a Notary Public in amt for said County, persunaRy came BRADLEY W. SHEARER AND PATRZCIA G, SHEARER, husband and wife . personally to me known to be the itfentiral perwn s µhosr names are affixed to the above and fore- goinginstrument as Mortgagor. and they have acknowledged the said instrument and the extcution thereat to be their .oluntary act and deed. for the purpose: therein expressed. }~ testimony whtreaf.(havrhereuntasetmyhandandaffixedhy my .ra'rat Grand Island, iiebraska un the day and daft last. at+ove written. L/y,>\-j~u.tk.. 5 ~~-fr~-mil--~ ~^ Notary Public r.•~ ~ y~ S"fAT'E ()F NEBRASKA ct Filed for rtc[xd this day of at o'cbck rccardcd in Baok Pat}c of .A.D. 19 M.. and entered in Numerical Indez. and of Mortgages. tin Register of Creeds iit,~i1 #F2 t~}M iU ri71