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The Mortgagee may c(illect a "Iait, charge" -not Atli exceed F ive` Cents (tic) for each. dollar •1$1.00) tlf each toIIaI numthk, <br />payment more than. 15) clays in, arrears to cover the i•xtra expense .invoh•e�d in handhirg delinquent accounts. . <br />All payments made inuler theprovisions of this mortgageor the note hereby secured• which ntay lie construed as interest, <br />shall not, in the aggregate over the term thereof, exceed tile rate that may now bo:lawfully contracted for in wrilin{. <br />It is further agreed that in case any suit is begun to foreclose this mortgage!, the \lortgat:ee, it representatives or assigns. <br />shall at once be entitled to the possession of said premises, and.upon appliention.therefur, the court in which such -action shall <br />he brought,or any judge of such court, either in term time or vacation, is hereby authorized to appoint a receive r. to take posses- <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 cements to the ap <br />poinlment 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 herehy paid or furnished by the Mortgagee.. <br />IT IS EXPRESSLY AGREED that if the Xfortgagor shall sell, convey `or alienate said property, or any 'part. thereof, <br />or any interest therein, or shall he divested of his title or any interest therein in' any manner or way, whether voluntarily or <br />involuntarily, without written consent of the ID4ortgagee being first had and obtaine(i; Mortgagee shall have. the right, at its option, <br />to declare any indebtedness or obligations secured herehy, irrespective of the maturity date specified in any note -evidencing the <br />same, immediately due' and payable without notice, and said debt slmll 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 \$ortgagor, deal <br />with such successor'or successors in interest with re£i�rence to this mortgage and the debt hereby secured as with the Mortgagor; <br />and mayforbear 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 inal Mortgagor hereunder or upon the debt secured. . <br />In this instrument the singular includes Ole plural and the masculine Includes the feminine and the net>.ter and this in <br />strunu•nt shall he binding inion the undersigned: his heirs, personal rcgiresentalives, successors and assigns. <br />-IN WITNESS WHEREOF, we have hereunto set our hands and seal, thQAay and year first above wriltcn: <br />In the presence of: <br />Victor Ott <br />Helen R. Ott <br />STATE OF NEBRASKA <br />Ball <br />On this ...............j� .%' i ,I_....... 197 before me, the undersigned, a Notary Public, in -,in(] for said <br />�0.-..f!.J... day of ..... a <br />Victor Ott and Helen R....O.tt.,..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 he his 'or her voluntary act and deed. . <br />Grand Island Nebra,ska.................................................................................... <br />Witness,my hand and notarial seal at..........................................�.... <br />the (late last above written. <br />Aly commission expires ..... G.....ly /( 7�................ <br />Notary Public. <br />.�Tho„Ias t_. VJillits ^_� . <br />,`t <br />STATE OF tIEBRAS!�A <br />t• <br />STATE OF... .... C�c ��f. f :.........•....... October 18, I�7 <br />y� <br />County .....................................;... <br />.. <br />Entered on numerical index and filed for record in the Register of Deeds Office of said County the <br />/f 19..., at ....... :.....o'clocl: and..........'O <br />,J'' ...clay of.......� y�d <br />524 <br />17 <br />and recorded in Bool:.....104.......••-••-::of ivlortgages at page.. ..a.y as Instrument. No..1fvQ... <br />Reg. of Deeds <br />By....................................................................:...Deputy <br />Who recorded to be returned to the <br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />LINCOLN OFFICES: Phone 475-05211435.21112541 No. 11th Street <br />❑ 1235 "N" Street ❑ 135 No. Cotner Blvd. ❑ 70th and "A"'St.. E] <br />OMAHA OFFICES: Phone 558.4323 <br />❑ 8706, Pacific St. ❑ 2101 So:42nd St. ❑ 3205 No. 90th St. ❑ 10920 West Dodge Rd. <br />2120 First Ave., Kearney ❑ 513 "E" Street, Fairbury ❑ 1433 "M" Street, Ord <br />REGIONAL OFFICES: ❑Rhone 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- FIe1ST FCDCRAL SAVINGS AND LOAN <br />ASSOCIATION OF LINCOLN. NCONASKA . <br />