|
f'-
<br />$l~-f~~jfl~~
<br />10. That the Mortgagor will keep the buildings upon 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 />11. That if the premises, or any parf thereof, be condemned, under the power bt eminent domain, or acquired foe a public
<br />use, the damages awarded; the proceeds for the taking of, or the consideration for such acquisition, to the'extent of the full
<br />amount of indebtednes upon this mortgage and the note which it is given to secure remaining unpaid, are hereby assigned by the
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />maturing installments of such indebtedness.
<br />12. The Mortgagor further agrees that should this mortgage and the note secured hereby not be eligible for in-
<br />suranceunder the National Housing Act within Sixty days from the date hereof (written statement of any officer
<br />of the Departrent of Housing and Urban Development or authorized agent of the Secretary of Housing and Urban
<br />Development dated subsequent to the Sixty days time from the date of this mortgage, declining to insure said
<br />note and this mortgage, being deemed conclusive proof of such irteligibili[y), the Mortgagee or holder of the note
<br />may, at its option, declare all sums securred hereby immediately due and payable.
<br />13. That if the Mortgagor fails to make any payments of money when the same become due, or fails to conform to 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 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 cost of extending the abstract of tide 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 Roreclosure: and the contract emtx~died in this mortgage
<br />and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where tht
<br />same is made.
<br />The covenants herein contained shall hind, and the benefits and advantages shall insure to, the respective heirs, executors,
<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 foregoing conditions, all and singular, being performed according to their natural and legal import, this conveyance
<br />shall be void and said premises released st the expense of the Mortgagor, otherwise to he and remain in full force and effect.
<br />IN WITNESS W HEREOF, the Mortgagor(s) have hereunto set their hand(s) the day and year first
<br />above wriiten.
<br />!n presence of:
<br />` ._._„~i SEAL i
<br />EARL 3. HIiRI)Y
<br />^z
<br />.'„i%+~~ ~. „~.~,.~,._,_ i SEAL 1
<br />- ISEALi
<br />LINDA R. Y iSEAL)
<br />ISEALi
<br />cro 9,t_iae
<br />STATE OF NEBRASKA,
<br />ss:
<br />COUNTY OF IfAI.L
<br />On this 1'2t;it day of D+;taher . A. D. t4 81, befExe mt,
<br />it Notary Ptrblie in and for sa€d C,"ouflty, parsanaily came
<br />~.rl, ,'J: Ff~ar~ly and Linda R. tr€fy, Ftuebartd ~~~t3 Wife.
<br />personally tome known
<br />eq be the identiehl pcrsen a wituse a ate atTtx~vf t~ the atv;F a f-
<br />gttfttR fristntm€nt a5 ttlori€, ate t~ttey havia acktt~d-tl~ saw irtstrumznt ate the
<br />execution thereof tube their voluntary act and Bred, for the purposes therein exprossed.
<br />In tesrimony whereof, 1 have hereunto sot my hand and affixed by notariaiseal at Grand Island, Nebraska
<br />on the day and date last a ~ ~~(
<br />~I~~UMa11~~ I , Tfk
<br />~j ~1
<br />t.~ i
<br />~ +~' y~~~ ~1~.{~
<br />M1Aw~ !.5 c.y~,li t~ Notary
<br />STA'['!~ OF N!'sBRASKA
<br />Filatl for record this day of
<br />at u'clpck
<br />rociuded in Buuk
<br />~ of
<br />A.l~. I9
<br />M„and entered in Nwtterical ltulex, and
<br />+~f Mortyattes, on
<br />Register uC !)etFds
<br />riUU-9314;iM 14-rUl
<br />
|