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<br /> • 76. 001198
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<br /> The Mortgagee may collect a "lute charge" not to exceed Five ( 'eats ( fic ) for each Millar I $ I .1ati of each total monthly
<br /> payment more than 15 days in arrears to cover the extra expense involved in handling delimtuent accounts
<br /> All payments made under the provisions of this mortgage or the note hereby secured , which may lie construed as interest .
<br /> shall not , in the aggregate over the term thereof, exceed the rate that may now he lawfully contracted for in writing .
<br /> It is further agreed that in case any suit is begun to faecclose this mortgage, the Mortgagee, its representatives or assigns.
<br /> shall at once be entitled to the possession of said premisis, and upon application therefor, the court in which such action shall
<br /> be brought or any judge of such court. either in term time or vacation . is hereby authorized to appoint a receiver to take posses,
<br /> sitar of said premises, or to collect the rents therefrom , and to do and perform such other acts as may be required by the order
<br /> of the court making the appointment : and said Mortgagor hereby waives any notice of such application. and consents to the ap-
<br /> pointment of a receiver upon the production of this mortgage, without other evidence.
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<br /> } � The Mortgagee shall 1w subrogated to all of the rights, privileges priorities, and equities of any lienholder whose lien may
<br /> have been discharged from the proceeds of this loan, or by any funds hereby paid or furnished by the Mortgagee.
<br /> e ,
<br /> 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 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 /> same, immediately due and payable without notice, and said debt shall thereupon become absolute. If the ownership of the mort-
<br /> gaged property becomes vested in a person other than the 1\tortgagor, 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.
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<br /> In this instrument the singular includes the plural and the masculine includes the feminine and the neuter and this in .
<br /> strunte•nt shall la- binding upon the undersigned . his heir: . personal representatives. successors and assigns.
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<br /> IN WITNESS WHEREOF, we have Hereunto set our hands and sealthe day and year first above written.
<br /> In the presence of:
<br /> Gary D6/ Johnson ,
<br /> `'C t!t (rte . )t c� Cs >t
<br /> Deborah S . Johnson _..
<br /> r
<br /> ft- " STATE OF NEBRASKA
<br /> 1 ss.
<br /> County. f
<br /> On this . _ . . 1 . .ptA . . . day of . IGfl c A 19 76 before nte. the undersigned, a Notary Public, in and for said
<br /> 1 ' County, personally came _ . Gary . D . Johnson and Deborah S . . . Johnson , husband . and wife
<br /> e , • personally known to me to he 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 tier voluntary act and deed .
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<br /> Witness my hand and notarial seal at . . _ . . Grand Island , Nebraska . . _ . . . _ . . _ . . . . . . . . . .. . _
<br /> the date last above written. - r
<br /> Thomas L . Willits ^��\
<br /> G t EF. . L NUTARIAL \
<br /> STATE OF NEBRASKA i Notary Public.
<br /> cenur: ern cx , , a t`1
<br /> My commission expires ._ _ _ October . 13 , 1978
<br /> s ': .
<br /> $ STATE OF
<br /> 1County _ . .
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<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 M ,,
<br /> and recorded in Book _ . . . . . . of Mortgages at page. _ , as Instrument No
<br /> Reg. of Deeds
<br /> By . Deputy j
<br /> When recorded to be returned to the
<br /> F3
<br /> FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
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<br /> LINCOLN OFFICES : Phone 475,05211435-2111
<br /> • ■ 1235 "N" Sheet ■ 135 No. Cotner Blvd. ■ 70th and "A" St ■ 2541 No. 11th Street
<br /> • OMAHA OFFICES : Phone 5584323 ? '
<br /> ■ 8706 Pacific St. 0 2101 So. 42nd SL ■ 3205 No. 90th St ❑ 10920 West Dodge Rd. • - .
<br /> REGIONAL OFFICES : ■ 2120 First Ave., Kearney ■ 513 " E" Street, Fairbury 0 1433 "M " Street, Ord
<br /> Phone 234-2473 Phone 7292202 Phone 728- 3218
<br /> ■ 1301 Main Ave. , Crete ■ 223 Box Butte Ave. , Alliance ■ 1811 West 2nd St., Grand Island
<br /> Phone 826.4349 Phone 762.2160 Phone 384.4433
<br /> 1974 • A. oro..,
<br /> .00oTIOS, OF .,-,Coe . .
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