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The Mortgagee may collect aLife - charge",not. tb?exceed',Five .Cents '(5c) Jor each dollar -($L00) of vach total monthly
<br />11 payment. more than 15 days, in arrears to.cove"r'.the extra expense i'livolved'-in handling delinquent accounts.'
<br />under the provisionsgage or the note hereby i may . be construed is Interest.'.
<br />All payments mad( of this mort, )y secured. whic)
<br />shall not, in the aggregate over th'v term thereof, exceed the rate that may no%v lie lawfully contracted for in writing.
<br />at in case anv suit is I . atives or assigns.
<br />1t is further agreed that legun to foreclose this mortgage, the Mortgagee, its represent, .
<br />shall at one(- be entitled to the possession of said premi.ws,.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 />sion of saidpremisesi 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 Nlortgagor 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.
<br />The Mortgagee shall be subrogated to all of the rights, privileges, priorities, and equities of any lienholder whose lien rilay.
<br />have been discharge([ from the proceeds of this loan, or by any funds hereby paid or furnished by the Niorigageo,
<br />IT IS EXPRESSLY AGREED that if the Alortgagor 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* ;iny 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 my note evidencing the
<br />same, immediately due and payable without notice,, and said debt shall thereupon .,become absolute. If the ownership of the mortm
<br />gaged property becomes vested in a person other than the Xfortgagor, 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 Nfortgagor,
<br />and may forbear to sue or may extend time for -tile, payment of the debt hereby secured without discharging or in any way affecting
<br />y
<br />the liability of the origfrial Mortgagor hereunder or upon the debt secure(].
<br />-In this instrument the singular includes the plur.10and the masculine includes the feminine and the neuter and this in-
<br />strument. shall be binding upon the undersigned, his heirs. per-, ;on-il representatives, successor.,; and'assigns.
<br />IN WITNESS WHEREOF, we have hereunto set. our hand- and s al, the da%, and year first above written.
<br />In the presence of:
<br />Tlio,91.2: I
<br />will5s
<br />LL .............................. ........ ......... .........
<br />Lar E. A ms
<br />................
<br />October 13,
<br />Barbara J. L . 6ams
<br />s
<br />STATE OF NEBRASKA
<br />Hal I
<br />........................................ County,
<br />On this .... 27A.... dav of 19...75 before me, the undersigned, a!Notary Public, n and for said
<br />Larry E. Adams and Barbara J. L. Adams,husband and wife,
<br />County, personally came .................................. .......... .................... .............................................................. .................................. ....... .
<br />personally known to *me to be the identical pergons whose names are affixed to the •above and foregoing instrument: as mortgagors,'
<br />and each acknowledged said instrument to be his qr her voluntary act and deed.
<br />Witness my hand and notarial seal at ............ Grand Island, Nebraska
<br />............................ ........... ...... .............
<br />the (late last above. written.
<br />........................... ..z .......................
<br />Notary Public.
<br />1P
<br />Nly commission expires ............... C ................... .... z ................
<br />STATE DF/ ..... .............................
<br />.................. ss.
<br />.....
<br />County ....... /1::z& ................ ....... .......
<br />Entered on nuWrical index and filed for record in the Register of Deeds Office of said County the
<br />... . ......... 19./�57., at ....... ..o'clock and....... _.minutes
<br />............... of Mortgages at page..... Instrument No... .. ..........
<br />and recorded in Book. as,
<br />........................
<br />.........
<br />Reg. of Deeds
<br />By............................ ................ I ........................... Deputy
<br />Whcii recorded to be returned to the
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />LINCOLN OFFICES: Phone'475-0521 1435-2111
<br />E] 1235 "N" Street F] 135 No.Cotner.Blvd. C] 70th and "A" St. E 2541 No. 11th Street
<br />OMAHA OFFICES: Phone -558-4323
<br />❑ 8706 Pacific St. ❑ 2101 So. 42nd St. E] 3205 No. 90th St. El 10920 West Dodge Rd.
<br />REGIONAL OFFICES: ❑ 2120 First Ave., Kearney E] 513 IT" Street, Fairbury [-] 1433 "M" Street, Ord
<br />Phone 234-2473 Phone 729-2202 - Phone 728-3218 -
<br />❑ 1301- Mai I n Ave., -Crete ❑ 223 Box Butte Ave:, Alliance n 1811 West 2nd St., Grand Island
<br />Phone 826-4349 Phone 762-2160 Phone 384-4433
<br />1974 renST FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF LINCOLN. NrORASKA
<br />
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