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The Mortgagee, may collect a -late- charge - not to. exceed• Five Cents, (5c) .for each dollar ,($1.00) of eaCh total monthly
<br />payment. more thane
<br />15;(lays in arrears to cover then
<br />yextra expense involved in handling delinquent accounts.
<br />All payments made under the provisions of this mortgage or the note hereby secured, which may he 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 />Itis further agreed that in case any suit is begun to foreclose this nulrtgag(% the ;\dorlgagee: its representatives or assigns.
<br />shall at once he entitled to the possession of said premises, and upon application tlierefor, the court in which such action shall.
<br />he brought or 'any judge of such court. either in term time or'vacation, is hereby authorised to appoint a receiver to lake posse:-
<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 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.
<br />The Mortgagee shall he 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 ally funds hereby .paid or furnisher) by the I Tortgagee.
<br />IT IS EXPRESSLY AGREED that if file 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 (late specified in any note evidencing the
<br />same, immediately due and payable without notice, atul said debt shall thereupon become absolute.. If the ownership 6f the mort-.
<br />gaged property becomes vested in a person other than the Mortgagor, the Mortgagee may, without notice to the i\fort", ( dear
<br />with such successor or successors in interest with reference to this mortgage and tile debt hereby secured as with file 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 iblortgagor 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 />slrunient, shall be hinting upon the undersigned, his heirs, person;rl representatives, successors and assigns.
<br />IN WITNESS WHEREOF, .ve have hereunto set our hands and seal, the day and year first above written.
<br />In the presence of:
<br />T�nrnzzz L. Willits
<br />lam- 14E8RA.:I'.;
<br />October 13
<br />... ......................
<br />Gus Salpas
<br />T:..:..1�.... ,� e...... �:....... ..._.. .
<br />Karen Sue Salpas
<br />STATE OF NEBRASKA
<br />S5.
<br />........ Hall ..................... County.
<br />On this ...././...(..!.7.-.. day of ......1. '.. �^G �1............. 19 .....7...5 me, the undersigned, a Notary Public, in and for said
<br />Gus Sal as and Karen Sue Salpas, husband and wife,
<br />County, personally came .......................... .................... ... ........... ....... ......-..............................
<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.... ...........
<br />Grand Island,...l..?ebraska.............. ..:.....::_......... _........................... _..............
<br />the (late last above written.
<br />Q �..........l�.............
<br />Notary Public.
<br />t/ C .... ...../v. /..: ...........
<br />My commission expires ................... /..........
<br />V
<br />STATE OF:... ? l cam ......................
<br />Ss.
<br />County....... .. ................................
<br />Entered on.numerical index and `filed for record in//the Register of Deeds Office of said County the
<br />at...ocl
<br />......7.......ock and.........od minutes .......M,.
<br />�TG.�._day of.....�Gc.......... , GG
<br />and recorded in 13ook......�....... -of Allortganes at paf;e.a / .. _...., as I ume t No...�o�....
<br />Gtr/nJ J ............................
<br />Reg. of Deeds
<br />By......... .. v;... .,... ....Deputy
<br />When recorded to be returned to the
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />LINCOLN OFFICES: Phone 475.0521.1435.2111
<br />❑ 1235 "N" Street ❑ 135 No. Cotner Blvd. ❑ 70th and "A" St. ❑ 2541 No. 11th Street
<br />OMAHA OFFICES: Phone 558.4323
<br />F18706 Pacific St. ❑ 2101. So: 42nd. St. ❑ 3205 No. 90th St. ❑ 10920 West Dodge Rd.
<br />REGIONAL OFFICES: E]2120 First Ave., Kearney E]513 "E" -Street; Fairbury ❑ 1433 "M" Street, Ord
<br />Phone 234.2473 Phone 729.2202 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 - FIRST FCDCRAL SAVINGS AND LOAN • - 7 j
<br />ASSOCIATION OF LINCOLN. NCORASKA ^
<br />
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