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<br /> 76- 000534
<br /> The Mortgagee may collect a "late charge". notto exceed Five Cents (5c) for each dollar ( $1 .00) . ofeach total monthly
<br /> payment more than 16 days in arrears to cover the extra expense involved in handling delinquent accounts.
<br /> All payments made under the provisions of this mortgage or the note hereby secured, which may he construed as interest,
<br /> 't r. shall not, in the aggregate over the term thereof, exceed the rate that may now- be lawfully contracted for in writing:
<br /> rs " It is further agreed that in case any suit: is begun to foreclose this mortgage, the Mortgagee, ita representatives or assigns, I "
<br /> shall at once be entitled to the possession of said premises, and . upon application therefor, the court in which such action shall
<br /> : he brought or any judge of such court, either in term time or vacation, is hereby authorized to appoint a receiver to take posses*
<br /> cion of said premises, or to collect the. rents therefrom, and to do and perform such other acts as may be required bythe order
<br /> of the court making the appointment; and said Mortgagor hereby waives any notice of such application, and consents to the ap•
<br /> Nt . ',ointment of a receiver upon the production of this mortgage, without other evidence.
<br /> The Mortgagee shall be subrogated to all of the rights, privileges, priorities, and equities of any lienholder whose lien may
<br /> leave been discharged from the proceeds of this loan, or by any funds hereby paid or furnished by the Mortgagee.
<br /> rr IT IS EXPRESSLY AGREED that if the Mortgagor shall sell, convey or alienate said property, or any part thereof,
<br /> or any interest therein, or shall be divested of his title or any interesttherein in any manner or way, whether voluntarily, or
<br /> involuntarily, withoutwritten consent of the Mortgagee being first had and obtained, Mortgagee shall have the right, at its option, '
<br /> ?id to declare any indebtedness or obligations secured, hereby, irrespective - of the maturitydate specified in any note evidencing the
<br /> same, immediately due andpayable without notice, and said debt shall thereupon become absolute. If theownership of the mort-
<br /> gaged property becomes vested in a peraon other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal
<br /> with such successor or successors in interest with reference to this mortgage and the debt hereby secured as with the Mortgagor,
<br /> and may forbear to sue or mayextend time for the payment of the debt hereby secured without discharging or in anyway affecting
<br /> the liability of the original Mortgagor hereunder or upon the debt secured.
<br /> In this; instrument the singular includes the plural and the masculine includes the feminine and the neuter and this in-
<br /> strument shall be binding upon the undersigned, his heirs, personal representatives, successors and assigns.
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<br /> IN WITNESS WHEREOF, we have hereunto set our hands and seal, the day and year first above written.
<br /> In the presence of:
<br /> Prank C . Frandsen
<br /> Ann1 :` I ranflsen
<br /> : .
<br /> [;
<br /> STATE OF NEBRASKA
<br /> ss.
<br /> Iia1L County, 111
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<br /> On this _. .f?C.. 1 clay of tea.. o..n.a .r. . .t f , 12.76. before me, the undersigned, a Notary Public, in and for said
<br /> County, personally came Frank C . Frandsen /and Ann M . Frandsen , husband and wife ,
<br /> personally-known to me to be the identical persons whose names are affixed to the above and foregoing instrument, as mortgagors,
<br /> and each acknowledged said instrument to be his or her voluntary act and deed.
<br /> Witness my hand and notarial seal at. Grand Is ]a1d= Nebraska
<br /> the date last above written.
<br /> Thomas L Willits
<br /> I AL ! � ///rr/////�i
<br /> s STATE OF NEEIP ASA A i `I(r`� Notary Public. .
<br /> cc (. '? Fars
<br /> My commission expires October 13 , 1913
<br /> STATE OF
<br /> 1SS•
<br /> County
<br /> • Entered on numerical index and filed for record in the Register of Deeds Office of said County the . •
<br /> day of - , 19 , at o'clock and minutes K.
<br /> and recorded in Book of Mortgages at page , as Instrument No
<br /> Reg. of Deeds
<br /> By Deputy
<br /> When recorded to . be returned to the -
<br /> L ° FIRST . FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br /> o - LINCOLN OFFICES :- - - - OMAHA OFFICES : - - REGIONAL OFFICES :
<br /> Q 1235 "N" Street ❑ 8706 Pacific St. ❑ 2120 First Ave., Kearney
<br /> 0 .135. No..Cotner Blvd. . Phone ' Street,
<br /> �.. . '
<br /> ■ . 2101 So- 42nd St. 0 513 " E" Street, Fairbury
<br /> 0 70th and "A" St. Phone 729-2202
<br /> 0 3205 No. 90th St.
<br /> 2541 No. lith Street ❑ 1433 "M"Street,Ord
<br /> Phone 475.0521 •- ■ 10920WestDodgeRd. Phone 728. 3218
<br /> 435-2111 Phone 558.4323 0 1301 Main Ave., Crete
<br /> Phone 826.4349
<br /> Coon-Int 1965 by First Federal Sayings and Loan Association of Lincoln, Lincoln. Nebraska
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