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The Mortgagee may collect.a lale.charge not. -to exceed Five•Cents (5c) for: each, dollar'.($. 1.00) of ea('h total nulnthly
<br />pavment more than-15clays in arrears to-c•ovc r the extra expense'involved in handling delinquent accounts.
<br />All payments made under the pro of this morigage'or the note herehy'secured; which.may he construed a iiileresti
<br />shall not, in the aggregate over the terin thereof, exceed Ahe rate'that may now be lawfully contracted for in writing.
<br />Itis further agreed that in case any suit is begun to foreclose this mortgage, the Rortgagee its ref)resent-I ivies or assigns.
<br />shall at once be entitled to the possession of 'said premises, 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 pcnses-
<br />cion 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 />pointnrent. of a receiver upon the production of this mortgage. without other evidence.
<br />The Mortgagee shall be subrogated tci all of7the rights, privileges, priorities, and equities of any lienholder whose lien'nray
<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 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 t1w neuter and this in-
<br />strument shall be binding 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 />lathe presence of:
<br />......................................................... ............................
<br />Francis L. McCoy.
<br />erna J: McCoy
<br />STATE OF NEBRASKAI Hall ss.
<br />.................................:.:..:County,
<br />On this ..2.nd ........ day of ......... Arr l.,J.............1 19.:75 before me, the undersigned, a Notary Public, in and for said
<br />Francis L. McCoy and Verna J. McCoy, 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 />Grand Island, Nebraska -
<br />Witnessmy hand and notarial seal at ......... I.......................................................................................................................
<br />the date last above written.
<br />My commission expires......... ,...... /d../..L11..1..................
<br />STATE OF... Li L �r— ............1
<br />y'% '. } SS.
<br />County .......r}X- - . ............................... ll
<br />.......................... .:......:.
<br />Notary Public.
<br />Thomas L. Willits
<br />G6t:-PAL N0)--%R;AL
<br />STATE OF NEO ASKA t
<br />-CCLt54ti51U': rR: IUFS t
<br />.October 18, 197v�
<br />Entered on numerical index and filed for record in the Register of Deeds Office of said County the
<br />at......:........o'clock and ..........�7..minutes ......../..M,.
<br />.., 19...x...., -
<br />and recorded in Book..........% A.........of Mortgages at page ...... ..�..�....-, as strument No.....lo. L {. ...
<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., Kearney ❑ 513 "E" Street, Fairbury E]•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 FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF LINCOLN. NCORASKA
<br />
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