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4 76_ . 000 724
<br /> ti - The Mortgagee Hwy collect a late charge" nut to exceed Five Cents (.5c) (or each dollar ( 51 .00 , of each total monthly d
<br /> f Payment. more than la days in arrear - to cover the extra expense involved in, handling delinquent accounts. ti.
<br /> b
<br /> k All payments made under the provisions of this mortgage or the note hereby secured , which may be construed as interest .
<br /> 'Shall not , inthe aglgregate over the termthereof, exceed - the rate that may now he lawfully contracted for in writing.
<br /> la is - further agreed that:in ease any. suit is begun . to foreclose this mortgage, the Mortgagee, its representatives or assigns,
<br /> shall et once be - entitled to the possession . of said premises. and upon application therefor, the court in which such action shall
<br /> r be broughtor any judge .of Bach mint. either in term rtime or vacation, is hereby authorized to appoint a receiver to take posses-
<br /> ,
<br /> r% , nionb( said pre miler: or to collect the; rents therefrom, and to do and perform such other acts as may he required by the order .._
<br /> R. _ o(. the your, making the appointment ; and . said Mortgagor hereby waives any notice of such application . and consents to the ap•
<br /> fr noinlmenC of receiver upon the. production of this mortgage, willout other evidence. .
<br /> Int The Mortgagee shall be subrogated to all a the rights, privileges. priorities. and equities of tiny lienholder whose lien may
<br /> have. been discharged from the proceeds of Ibis loan. or 1w tiny funds hereby paid or furnished by the Mortgagee.
<br /> ITIS EXPRESSLY AGREED that if the Mortgagor shall sell, convey or alienate said property, or any part thereof,
<br /> . or any interest therein, or shall he divested of his title or any interest therein in any manner or way, whether voluntarily Or .
<br /> ir= involuntarily. without written consent of the Mortgagee being first had and obtained, Mortgagee shall have the right, at its option,
<br /> dto declare any indebtedness or obligations secured hereby, irrespective of the maturity date specified in any note evidencing the
<br /> t=,.. same, immediately due and payable without notice, and said debt shall thereupon become absolute. If the ownership of the most-
<br /> - gaged property becomes vested in a person 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 may extend time for the payment of the debt hereby secured without discharging or in any way affecting.
<br /> ,. . the liability of the original Mortgagor hereunder or upon the debt secured.
<br /> II
<br /> t . In this instrument the singular includes the plural amt the masculine includes the feminine and the neuter and this in-
<br /> if st rument shall he binding upon the undersigned . his heirs. personal representatives. successors and assigns.
<br /> t(
<br /> .r!
<br /> IN WITNESS WHEREOF, we have hereunto set our hands and seal , the day and year first above written.
<br /> In the presence of: /J
<br /> II
<br /> F
<br /> Dennis A . Olsen
<br /> y
<br /> Cl •
<br /> 2.6.,,,,,,,,,,-;) 771 ,2; , , _ye...)
<br /> Marilyn tr. Olsen
<br /> STATE OF NEBRASKA
<br /> H SS.
<br /> . Hall _ ._ _ .County, fl1
<br /> a
<br /> i — [/,
<br /> i On this // .L1/.!I. . day of • Ikru8r/. _.. 19. 76 . before roe, the undersigned, a Notary Public, in and for said
<br /> rt
<br /> Ali County. personally came Denni$ . A. -. Olsen and. . Marilyn _ NL _ 01s.en , _ hushand _and. wife.
<br /> f., personally known to me to be the identical persons whose names are affixed to the above and foregoing instrument. as mortgagors,
<br /> x:
<br /> and each acknowledged said instrument to be his or her voluntary act and deed.
<br /> .
<br /> i4
<br /> Witness my hand and • Grand Island., _ Nebraska
<br /> the date last above written. Thom L . Willits
<br /> GEN A ! 1.: 01A111AL -.
<br /> AL
<br /> AL
<br /> r7; STATE of NEBRASKA , —*7a< /
<br /> " Notary Public.blic.
<br /> “
<br /> October 13 , 1!;76lh.
<br /> ni •
<br /> ec_ My commission expires..
<br /> i
<br /> st
<br /> It
<br /> v: STATE OF . . . l
<br /> s.
<br /> ;••1 County .
<br /> r
<br /> > Entered on numerical index and filed for record in the Register of Deeds Office of said County the
<br /> aniclay of . , 19 . . . . , at _ _
<br /> o'clock and _ _ _ minutes _ . . . .. . M,.
<br /> . . . .
<br />• 931 tl.
<br /> and recorded in Book . of Mortgages at page . . . _ _ . , as Instrument No
<br /> ',. . . - . . . . . . - . . . . . . - -
<br /> ',v Reg. of Deeds
<br /> By . . Deputy
<br /> v When recorded to be returned to the
<br /> FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br /> til ` r LINCOLNIOFFICES: Phone 4750521 ( 435-2111
<br /> tr,'<; 0 1235 . "N" Street 0 135 No. Cotner Blvd. [] 70th and "A" St. 0 2541 No. 11th Street
<br /> 1B ' OMAHA OFFICES: Phone 558-4323
<br /> 0 8706 Pacific St. ■ 2101 So. 42nd St. ■ 3205 No. 90th St. 0 10920 West Dodge Rd.
<br /> REGIONAL OFFICES : 0 2120 First Ave., Kearney 0 513 "E" Street, Fsirbury II 1433 "M " Street, Ord
<br /> Phone 234-2473 Phone 729-2202 Phone 728. 3218
<br /> • 0 1301 Main Ave., Crete ■ 223 Box Butte Ave., Alliance 0 1811 West 2nd St., Grand Island
<br /> ', Phone 826.4349 Phone 7622160 Phone 384.4433
<br /> 1974 • ...00IAT,OS OP LINCOLN. 11.....KT
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