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• <br /> .. <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. <br /> n : ' ' <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 <br /> VI <br /> -.r— <br /> i . <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 <br /> • <br /> , <br />