.,' g~~ t~t~59',
<br />lA. That dte Mortgagor will keep th'e buildings'ppon sail preatise~, in good iepair, and ncilher commit nor permit waste
<br />~n said laud. npr suffer the said pipetniset'p to be used for an y', unlawful parrpasc.
<br />! 1.' That it the prtntisesi w` any part''ihereof, be condemned under the power of emiroent domain:'or acquved' far a public
<br />use, the damages awarded, the proceeds for the taking of, or [hc consideration for such acquisition, to the extent of the full
<br />Mount of rites upon this mortgage and the note which it is given to secure rcmaitting unpaid, aze hereby assigned by the
<br />Mortjagor to the Mortgagee, and shalt be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />mantri~ttstaNtneas of such indebtedness.
<br />t2. The Mortgagor ftnttter agrees that should this mortgage and-the note secured hereby not be eligible for in-
<br />stiranceuader the National Rousing Act within Sixty gays from the date hereof (written statement of-any officer
<br />~ tfte f3eparfmtrrt of Haesiug and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Developme~tt dated subsequent to the Sixtyy dairs time fcom the date of this mortgage, declining to insure said
<br />note and-this tnangaRee, being deemed conclusive proof of such ineligibility), the Mortgagee or holder of the note
<br />may: at ifs option, declare all sums recurred hereby immediately due and payable.
<br />13. That if the Mortgagor fads to make any payments of money when the same become due, or fails to conform to and
<br />comply with any c# the conditions or agrcemen[s contained in this mortgage, or the note which it secures, then the entire princi-
<br />pal sum and accrued interest shall at once become due and payable, at the election of the Mortgagee: and this mortgage may
<br />thereupon be foreclosed immediately for the whole of said money, interest, monthly payments, costs, ground rents, taxes and
<br />the coat 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 aEtxney's fee, all of which shall be inc'~tded in the decree of tforeclosttre; and the contract embodied in this mortgage
<br />and the note secured hereby, shalt in all respects be governed, construed and adjudged by the laws of Nebraska, where the
<br />same is made.
<br />The covenants fierein contained shell bind, and the benefits and advantages shall insure to, the respective heirs, executes
<br />administrators, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural,'the
<br />plural the singular, and the use of any gender shall be applicable to all genders.
<br />The forsgoing conditions, all and singulaz, 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 set their hangs) the day and year first
<br />above written.
<br />In presence ot:
<br />~*' [SEAL ;
<br />RAB J. QtJAI •
<br />_ (SEAL]
<br />(SEALI
<br />5 Qt1xI l SEAL )
<br />(SEAL)
<br />ern s~ta3e
<br />STATE OF NEBRASKA,
<br />ss:
<br />COUNTY OF IfAIS,
<br />On lids ~~ day of t~vembex A.D. t9 81 , before me,
<br />a nmtary Rubiic in and for said County, personally came
<br />Randy J. Quaife and Shelley J. 4uAifer Huabaad and F7ifa
<br />personally to me known
<br />ttt be thtt identical parson s whose names are axed to the above and fore-
<br />ioi~ ittatvinettt as tdort3agor, a~ they have acknowledged the said insttutnant atnf the
<br />oxecutiQtt thereof to l~e_ [hair voluntary act amt dud, far the purposes therein expressed.
<br />In testimony whereof, I have hereunto set my hand and atftxed by notarialseal at Grand Island, NE
<br />oft the day and date last above written. _
<br />MMti11M~4aA ~.~ " , ,~ _ ~ R S`'f }t` f~ l y ~ ~ ~ t f
<br />~ ~ Nc~w~
<br />STATE OF NEBRASKA ss
<br />Filed fOr record this day of A•D• 19
<br />at o'dvck M., and entered in Numerical lmicx, and
<br />recorded in Eook of Mortgages, on
<br />!'ags. of
<br />Register of jDeeds
<br />Hupszt~aM frost
<br />._ ~ __ .>+
<br />
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