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The Mortgagee rnay.collect. a "late (barge" not i<i exceed Five Cents (50 for each -dollar 151.00) of each total m++nthly
<br />paynnimt more than' 15 days in. arrears to *cover the extra expense involved in handling delinquent accounts.
<br />All paynrents'made under the provisions of this mortgage or the note hereby secured, which may be construeil' 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 />It is further agreed that in ease 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 premises. and upon application therefor, the court in which such -action ,hall
<br />be brought. or any judge of such court, either in terra 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 sucli 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 lion may -
<br />have been discharged from the proceeds of this loan, or by any funds hereby paid or furnished.hy the Mortgagee.'
<br />IT IS E�PRESST Y AGREED that if the Mortgagor shall sell, convey or alienate said property, or arty part. thereof.
<br />or any interest therein, or shall be divested of his title or any interest therein in :in} manner or way, whether voluntarily or
<br />involuntarily, without written consent of the Nlortg, g e being first had and obtained,.Mortgagec shall have the right, :+t 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. I£ the ownership of the mort
<br />gaged property becomes vested in a person other than the NNIortgagor, the Mortgagee may, without notice to the Nit V gngor, deal
<br />with such successor or'successcirs in interest with reference to this mortgage.and'tile debt hereby secured as with the NIT 1'7
<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 \•fortgagor 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 binding upon the undersigned, his -heirs, personal representatives, successors and assigns.
<br />IN WITNESS WHEREOF, we have hereunto set our hands and soil, the'day and year first above written.
<br />In the presence of:
<br />Richard E.':Beck
<br />Shirley A.Beek
<br />STATE OF NEBRASKA
<br />Hall�.i
<br />..............COl1�( ss.
<br />..........................In ...... tV.
<br />(lay
<br />y of ............%
<br />/ 1 /....., 19..75th
<br />. before me, e undersigned. a Notary Public, in aril for said
<br />On this ......5...... ....... .
<br />Richard E. Beck andShirley A. Beck, 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 be his -or her voluntary act and deed.
<br />Grand Island, Nebraska
<br />Witness my hand and notarial seal at .............. ............... ................. ............... .......... ....-........
<br />..
<br />the (late last above written.
<br />/ymr�-..:: .
<br />Notary Public.
<br />� 1.110,1 �—�
<br />My commission expires...... .....................L. � ( t
<br />STATE OF NEBF.AE:Xt.
<br />STATE OF.. ... ........ 1 , coctdber 1
<br />1(�S/�14X�""'� l October 18, 197.
<br />ss
<br />County.....0..................................
<br />Entered on numerical index and'filed for record in the Register of Deeds Office of said County the
<br />...(lay of ....... 644-1z, .......... Is...LS, a t_....:..7... ... o'clock and..........- �/(?.Minutes ....../'.M,.
<br />and recorded in Book....... � .........of (Mortgages at. pag S�....--.-... s Instr tmetit
<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 475-05211435-21 . 11
<br />El 1235 "N" Street F1135 No. Cotner BlvdF-1 70th and "A'f St. ❑ 2541 No. 11th Street
<br />OMAHA OFFICES; Phone 558.4323
<br />❑ 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 />El 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 LOANS—�,
<br />ASSOCIATION OF LINCOLN. NEn RASKA /
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