$1-- ~(i575'
<br />1t). That the Mortg~aor will kxp tf~ b ~Tigs upon saki premises in good rcpais, and !!tither commi! nor permit waste
<br />upon said land'. iwr suffer the saint premises w tx used fer any unlawful putpase.
<br />tl;. That i# ~ premises, or any part rher¢xit, be catuirmntd under tfit rower of emincnt domain, or acquired for a public
<br />use, the damages awarded, the procuds tot the caking of, or the consideration for such acquisition, to tae extent of the full
<br />amount of iri~btednes upon this mortgage and tfie note which it is given to secure remaiTTirig unpaid, are hereby assigned by ille
<br />MoreBtgtu w the Mortgagee, and shall be paid forthwith to said Mortgagee to 6e applied by the !after on account of the next
<br />mattering it194al1tnerltS Of SnCh ItldelftCdtieR5.
<br />IZ. The Mortgagor further egrets that should this mortgage aad the notc secured hereby not be eligibls for i>r
<br />prance under the National Housing Act within Sixty days. from the date htttof (written statement of any officer
<br />of the Department of Housing and Urban fkvelopmtnt ar authorized agent of the Secretary of housing and Urban
<br />Devebpment dated subsequent to the Sixty days time from the daft of this mortgage. deelining to insure said
<br />mote and ibis mortgage, being deemed conclusive proof of such irtetigit>rtity), the Mortgagee or holder of the note
<br />may, at its option, declare act sums s:.curred hereby immediately due and payable.
<br />13. That if the Mortgagor fails to make any payments of money whin the same becomc due, or fails so conform to and
<br />comply with any of the conditions or agreements contained in this mortgage, or the note which it secures, thin the entirt princi-
<br />pal sum and accrued interest shalt at once become due and payable, at the election of the Mortgagee; and this mortgage may
<br />thereupon be foreclosed immediately for the whose of said money, interest, monthly payments, costs, ground rents, taxes 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, at! of which shah be included in the decree of [foreclosure; and the contract embodied in this mortgage
<br />and the torte secured hereby, shat! in ail respects be governed, construed and adjudged by the taws of Nebraska, where the
<br />same is m'ade_
<br />The covenants herein contained shall bind, and She benefits and advantages shall insure to, the respective. htirs, executors,
<br />administretors. successors and assigns of the parties hereto. Whenever used, the singular number shall include the plueal, the
<br />plural the singular, and the use of any gender shall be applicable to all genders.
<br />The foregoing cotditions, all and singular, 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 be and remain in full force and effect.
<br />IN WITNESS WHEREOF, the Mortgagor(s) have hereunto sct their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />(SERE]
<br />~_3A S S. REEI3..` -`-~-., (SEAL ]
<br />i Tr
<br />~~t,.:~sa~~~ ..2 ~ ~ (5EAL ]
<br />PRECIOUS REED_.,,y~
<br />(5EALJ
<br />(SEAL]
<br />GPO 9lT•198
<br />STATE OF NEBRASKA.
<br />ss:
<br />COUNTY OF ~,
<br />ilsi tMs 13th day of Navemt~.r , A.D. I4 g1 befarc me,
<br />Notary ~iablic in amt far said County, personally Game
<br />dames S. Riaat3 and gret;it#u$ IieedP xuuband an,I Wine
<br />persanally to rot kexiwn
<br />to ve the itieni ptrs~i ~ w rmrtit s al~txcd tY rite afiavt gt~ fatt-
<br />;oi~®ru they yaau~. aeknowkdgcafthe-sitistrumtntaisdYht
<br />execution theroof to be their voluntary act and deed, for the purposes therein expressed.
<br />In testimony whtueof, !have hereunto set my hamf and adxed bynotarial seal at Grand Island, Nebraska
<br />on the day and ve write .
<br />4~ ~ r Notary Mia~r
<br />S'T`ATE OF NEBRASKA
<br />Fr.~ed for record this day of
<br />at ~ cluck
<br />rtcarded in Bunk
<br />Page o[
<br />A.P. I'~
<br />M., and entered in Numerical lttdex, and
<br />of Mortgages, on
<br />_-- _ - s
<br />Register of lletds
<br />NU©~92fi~IN IS-79i
<br />
|