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The Mortgagee may collect a "late charge". notto exceed Five Cents (sic) for each dollar- ($1.00). of each total monthly
<br />payment. more than 15 clays 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 be ccinsfrued as interest•
<br />shall not, in the aggregate over the term thereof, exceed the rate that may now he lawfully contracted for in %iriting.
<br />O� It is further agreed that in case any suit is begun to foreclose this mortgage, the Mortgagee, its representatives or assigns.
<br />V� 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 />sion 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 malting 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 evidences.
<br />The Mortgagee shall be.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 />IT IS EXPRESSLY AGREED that if the Mortgagor shall sell, convey or alienate said property, or any Part the."reof,
<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 />involuntarily, without written consent of the Mortgagee being first had and obtained, Mortgagee shall have tile 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 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 />In this instrument the singular includes the plural and the masculine,includes the feminine and the neuter and this in-
<br />strument. shall be hinding upon the undersigned• his heirs,.personal representatives, successors and assigns.
<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 />Ti1011125 L. iHimiits
<br />Gait_�AL NCYfARIAL Bob 1. Smith
<br />S-AfE OF NEBRASKA
<br />CO:.:t/IiS17N f: Y,:•... (i��_..-•....-••-.1.:/.... .. . ....................... ................... ..........
<br />October 18, 1970" ` Linda K. Smith
<br />STATE OF NEBRASKA l '
<br />} ss.
<br />Hall..............................County, J
<br />On this .....�.7.f .... day of ...../. .v refaJ .y 19.75.. before me, the undersigned, a Notary Public, in and for'said
<br />County, personally came... ....Bob I. Smith and Linda K. Smith, • huband and wife,
<br />..................................................................................................................................................... ......... ...........
<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 Island. . , .
<br />.
<br />.Nebra............................
<br />ska .
<br />....................................
<br />the date last above written.
<br />Notary Public.
<br />My commission expires .........D.C<'........w./..../../.0............
<br />STATE OF.......... \-! O!c.:....1
<br />• } ss.
<br />County .....:....................... ................. JJJ
<br />Entered on numerical index and filed for record in the Register of Deeds Office of said County the
<br />i�'........da y �..,- ...... .., 19,7,S..., at .......... .....o'clock and .......... 4'9 ..... minutes �.... M,.
<br />..of.2�
<br />and recorded in Book ........ l...G..B......... of Mortgages at page.....:./..7........s Instrument No......
<br />..—�.
<br />- Reg. of Deeds
<br />By.............................................................,.... --Deputy
<br />When recorded to be returned to the
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />LINCOLN OFFICES: Phone 475.05211435.2111
<br />❑ 1235 "N"'Street ❑ 135 No. Cotner Blvd. ❑ 70th and "A" St. ❑ 2541 No: 11th Street
<br />OMAHA OFFICES: Phone 558.4323 .
<br />E] 8706 Pacific St, ❑ 2101 So: 42nd St. ❑ 3205.No.90th St. ❑ 10920 West Dodge Rd.
<br />REGIONAL OFFICES: ❑ 2120 First,Ave., Kearriey.'❑ 513 "E'.Street, Fairbury. ❑:1433 I'M'. Street, Ord
<br />Phone 234.2473 Phone 729.2202 • • Phone 728=3218
<br />❑ 1301 Main'Ave.,Crete L1.223 Box Butte Ave., Alliance ❑ 1811 West 2nd St., Grand Island
<br />Phone, 826.4349Phone 762.2160 Phone 384-4433
<br />1974 - FIRST FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF LINCOLN. NEBRASKA
<br />
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