|
l0.' That the h9'prtgagor will ~k~ep the' butkling~ ppon sti,id premtscy,ani, ~oird repair, and neitfter commit nor permit waste
<br />upon said land, nor xpfler the said premisgs to ire used, fur ar)y u~~lawfrrl pu{~asc,
<br />1 !, That if khe premises, oq; ady Part tftereof„ t6'ie~condemneit under Y~tm~ ppwer cof eminent dumatn. ~r acquirsd for a public
<br />use, th+c damaged awarded, the pr~cceds,for the ta~C~~ng of~ or the >„onsiddratitrn fdr such acquisnron. ko the extent oaf the full ',
<br />amount of indebtednes upon this mortgage and the ndte which it is gtveti to'secure remaimngunpaid. are hereby assigned by the
<br />Mortgagor to the Mottgagee, and shall be paid forthwith to said Mortgagee to be applied by the latter on account of the next
<br />maturing instaltments of such indebtedness.
<br />12. The Mortgagor further agrees that should this mortgage and [he note secured hereby nm be eligible for in-
<br />surance under the National Housing Act within Sixty days from the date hereof (written statement of any officer
<br />of the Department 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 ineligibility), the Mortgagee ur holder of the note
<br />may, a[ 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 [he 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 pavments. costs, mound rents, [axes and
<br />the cos[ 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. all of which shall be included in [he decree of :foreclosure: and the contract embodied in this mortgage
<br />and the note secured hereby, shall in all respects be governed, construed and adjudged by the laws of Nebraska, where the
<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. [he
<br />plural [he singular, and [ne use of any gender shall be applicable to all genders.
<br />The foregoing conditions, all and singular, being performed according [o 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 />IN WITNESS WHEREOF. the Mortgagor(s) ha ve hereunto set their hand(s) the day and year first
<br />above written.
<br />In presence of:
<br />STATE OF NEBRASKA,
<br />ss:
<br />COUNTY OF y~rt,
<br />On this 21st day of December . A.D. 19 gl ,before me,
<br />a Notary Public in and for said County, personally came
<br />y',~,.~-. ~~ ~~iy ~, (SEAL j
<br />MICHAEL J. CLEARY
<br />(SEAL
<br />' _ (SEAL]
<br />DEBORAH S. CLEARY ,~'
<br />iSEAL~
<br />(SEAL
<br />GPQ 941-138
<br />Michael J. Cleary and Deborah S. Cleary, Husband and Wife
<br />,personally [o the known
<br />to be the identical persons whose names are affixed to the above and fore-
<br />goinginstrument as Mortgagor, and they, have acknowledged the said instrument and the
<br />execution-thereof to be there voluntary act and deed, for the purposes [herein expressed,
<br />In testimony whereof, l have hereunto set my hand and atlixed bynotarial seal at Grand Island, Nebraska
<br />on the day and date last above written. -
<br />~~'''° ..~.~.
<br />f. ~~-QrarM~M1 ~--~ ,~: ~ i S`• ~r~} ~~1` _-t_ r :~ f 1 - l ~:
<br />htlda A sttp~Y~1AMe 11 Notary Public
<br />W resin ~ ... m eoit5
<br />STATE OF NEBRASKA ss
<br />Filed for record this day of
<br />at o'clock
<br />recorded in Bcwk
<br />Page of
<br />A.D. I9
<br />M., and entered in Numerird Index, and
<br />of Mortgages, an
<br />Register of Deeds
<br />NU D9214~M 19-79!
<br />;we +~..-z r.
<br />
|