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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 />paymentmore than 15 days -in arrears to cover the extra expense involved in handling delinquent accounts.
<br />Q All payments made under the provisions of this mortgage or the note hereby secured, which may be, construed as interest.
<br />1 b shall not, ;n the aggregate over the'term thereof, exceed the rate that may now he;lawfully contracted for in writing.
<br />1 e It is further agreed that in case any suit is begun to foreclose this mortgage, the Mortgagee, its representatives or assigns,
<br />shall at once be entitled to the possession of said promises,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 />cion of said premises, or to collect the rents therefrom, and to do and perform such other acts as may be' 7equired 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 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 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 Mortgagor, the Mortgagee may, without notice t6the 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 />Thomas �� t . Willits��,---t��4�.......
<br />G6rtAL t+` Thomas. J. Morrow
<br />J, ���
<br />STA'fc Or llEBRAS}:.-,�.t.
<br />j"y`:�`.:':' . ...... .............................. ........ .......................
<br />CO'4?41BZ I LONEY;j�lr.Ea �`.TeralC7.lne MrrS�October, 8
<br />STATE OF NEBRASKA l
<br />....Hall ......................County. JJJ
<br />On this .... clay of ..:.
<br />�1.%G J�........ 19.75.. before me, the .undersigned, a Notary Public, in and for said
<br />Thomas J. Morrow and Geraldine Morrow, husband and wife,
<br />County, personally came..................................................................................................................................................................... .........
<br />personally known tome to be the identical persons whose names are affixed to the above and foregoing instrument, as mortgagors,
<br />and each acknowledged said instrument to he his or her voluntary act and deed.
<br />Witness my hand and notarial seal at.............:G2and Island, Nebraska
<br />the date last above written.
<br />........... ................ ...........L/C%�%.....
<br />Notary Public.
<br />My commission expires ..... .�G.�. /... /1..... f! ...............
<br />STATE".C-
<br />ss.................:..
<br />County�
<br />... .//,GG
<br />>
<br />Entered on numerical index :and filed for record in the Register of'Deeds Office; of said Coun��t��y the
<br />..... 7`..�....day of...... ............. 19../...5 , at........ ..:...o'clock and........... .minutes ...:./.-:..M,.
<br />and recorded in Book........f[vQ............ of_ Mortgages at page.... w.._......., as I ument No..Co. ��r
<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 />LINCOL:N.OFFICE$:. Phone 475-.0521 1435.2111
<br />❑
<br />1235.,"N."- Street ❑ 135 No. Cotner Blvd. ❑ 70th and "A" St. ❑. 2541 No. 11th Street
<br />OMAHA OFFICES: Phone 558.4323
<br />❑'8706 Pacific St. :❑ 2101 So.42nd St: ❑ 3205 No. 90th St. ❑ 1092Q West Dodge Rd.
<br />REGIONAL OFFICES:. ❑ 2120 First Ave., Kearney. Q 513 "E",Street,.Fair bury .❑. 1433 "M" Street, -Ord
<br />Phone.234 2473 one729-2202 Phone -728.3218'
<br />❑ 13b1 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 />FIRST FCDERAL SAVINGS AND LOAN '.
<br />1974 ASSOCIATION OF LINCOLN. NCRRASKA
<br />
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