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114; <br /> • <br /> C;,: 76-. 000877 <br /> 'Che Mortgagee may collect a " late charge" not to exceed Five ('Puts the ) for each dollar ( $ I WI of earli fond monthly <br /> itlii payment more than 15 days in arrears to cover the extra expense involved in handling delinquent accounts . <br /> 1. All payments -made . under the provisions of this mortgage or the note hereby secured , which may be construed as interest . <br /> shall not, in the aggregate over the tern thereof, exceed the rate that may now be lawfully contracted (or in writing <br /> It is further agreed that in cave any suit is begun to foreclose this mortgage, the Mortgagee, its representatives or assigns. <br /> shallat once be entitled to the possession of said premises. and upon application therefor, the court in which such action shall <br /> ;:l ; he brought or any judge of such court . either in term time or vacation , IA hereby authorized to appoint a receiver to take posses. <br /> ' 11,.1. cion of said premises, or to collect the rents therefrom . and todo and perform such other acts as may he required by the order <br /> r : of thecourt making the appointment ; and said Mortgagor hereby waives any notice of such application. anti consents to the ape <br /> Ric: pointment of a receiver upon the production of this mortgage. without other evidence. <br /> , di <br /> . Yi <br /> :t: The Mortgagee skill be subrogated to all of the rights, privileges. priorities. and equities of any lienholder whose lien may <br /> { <br /> tV; have been discharged from the proceeds of this loan, or by any funds hereby paid or furnished by the Mortgagee. <br /> it IT IS EXPRESSLY AGREED that if the Mortgagor shill sell , convey or alienate said property. or any part thereof, <br /> or any interest therein, or shall be divested of his title or any interest therein in any manner or way, whether voluntarily or <br /> ' involuntarily, without written consent of the Mortgagee being first had and obtained , Mortgagee shall have the right, at its option. <br /> " ` to declare any indebtedness or obligations secured hereby, irrespective of the maturity date specified in any note evidencing the. <br /> r" same, immediately due and payable without notice, and said debt shall thereupon become absolute. If the ownership of the mart- <br /> , : <br /> ' gaged property becomes vested in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor. deal <br /> 3' with such successor or successors in interest with reference to this mortgage and the debt hereby secured res with the Mortgagor, <br /> :1 <br /> $a<. and may forbear to sic or may extend time for the payment of Ow debt hereby secured without discharging or in any way affecting <br /> 'illl. the liability of the original Mortgagor hereunder or upon the debt secured. <br /> +i <br /> ;b'. hi Ibis instrument the singular includes the plural and the masculine includes the feminine wed the neuter and this in- <br /> strument shall be binding upon the undersigned , his heirs. personal representatives, successors and acigns <br /> -r , <br /> . <br /> "-i <br /> t ;*t IN WITNESS WHEREOF, we have hereunto set our hands and sena . the day and year first above written_ <br /> r : In the presence oof:y <br /> IDonal . Bebee <br /> " J 1 a ✓�feil1 . . . . . ejte_, . . . <br /> 4444, Virg ' M. Bebee <br /> l',7 STATE OF NEBRASKA <br /> f -r � I54. <br /> 4. . . . . . . . . . . Hann . . . . . . . . .Counts'. � {(� <br /> ir <br /> •, On this . .. 2° ,4 day of ( . r<1Udr y19. 76. before me. the undencigncsL a Notary Public. in and for said <br /> ,e <br /> 'y= County , personally came . . Donald D . Bebee and . . Virginia _ . M. Bebee , husband and . Wipe <br /> IP personally known to me to be the identical persons whose names are affixed to the above and foregoing instrument, as mortgagors. <br /> i and each acknowledged said instrument to be his or her voluntary act and deed_ <br /> »f . <br /> Witness my hand and notarial seal at Grand <br /> ..,...Island�_ . Nebraska <br /> the date lost alxwe written. Thomas L . Willitsle <br /> STATE OF nF[taAB': 7. a <br /> Notary Public, <br /> CO _ c- '' , cs <br /> a{ October hi l '476 <br /> My commission expires _ _ . . . <br /> 4y ; <br />