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he Mortgag'e'e may. collect a ''late charge". hot to exceed Fitr Cents (5c) for each• dollar -'($1.00) of each total nu uthly <br />payment. more than 15 days in, arrears to cover the'extra expense involved in.handling delinquent accounts. •: <br />All payments made under the provisions of this mortgage or .tile note hereby secured• which'may be 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 />It. is further �igreed 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 premises, and upon.application.therefor, the court ill which such action shrill <br />he brought or any judge of such court. either in term time or vacation,'. is hereby authorized to appoint a receiver• to take posses- <br />sion of said premises,,or to collect tile 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 tile 'ap- <br />, <br />pointment of a receiver upon the production of this mortgage, without other evidence. <br />, <br />The Mortgagee shul} 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 he 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 dl4ortgagor, 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 secure(]. 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 binding upon the undersigned, his heirs, personal representatives, successors and assigns. <br />IN WITNESS WHEREOF, we have hereunto s: t our hands and seal, the danrl year first above written. <br />In the presence of: <br />:..................................................... ...... ...................... .:................................ <br />Dorothy A "Jorda' Thomas,S. Jor <br />Kathleen S. Jordan <br />STATE OF NEBRASKA <br />• � ss. I' <br />Hall.......................... County, <br />On this ....(........ day of ..Q..Y....... 19..75. before me. the undersigned, a Notary Public, in and for said <br />�g yw Dost by A. Jordan a sin le erson Thomas S. Jordan and Kathleen S. Jordan <br />Crs 1 e..................................................7.......,..........�...-....P...........�......................................................................,...... n, ............. , <br />persona y •nown to me 1'o 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.............................................:.:................................................:................................L......................... <br />the date last above written. <br />Notary Public. <br />My commission expires..... G.. :-...�/.�../.1..70 ............ Thornas L. Willits <br />• GEN�i2AL I•lOT?,RI ;L t • <br />SEAL � • <br />STATE OF NEBRASKA } <br />STATE OF.. '..... 4�iPi4Sl�% ................... October 18, 191 <br />ss. <br />County .................................:. <br />�t <br />Entered on numerical index and filed for record in the Register of Deeds <br />Office of said County the <br />1J...... (lay of.........r ..............L, 19 . at...... ........o'clock and.......7t?...... minutes . .....M,. <br />and recorded in Book..-.. w0..............of Mortgages at page:.°? :....--. Ijnstru ent o ............. .......... <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 475-05211435-21'11 <br />❑ -1235 'IN" Street ❑ 135 No. Cotner Blvd. ❑ 70th and "A" St. E]2541 No. 11th Street <br />OMAHA OFFICES: Phone 558.4323 <br />❑ 8706 Pacific St. ❑ •2101 So. 42nd St. E]3205 No. 90th St. ❑ 10920 West Dodge Rd. <br />REGIONAL OFFICES: ❑ 2120 First Ave., Kearney ❑ 513 "E" Street, Fairbury ❑ 1433 "M" Street, Ord <br />Phone 234.2473Phone 729.2202 Phone 728-3218 <br />❑ 1301 Main Ave., Crete E]•223 Box Butte Ave., Alliance ❑ 1811 West 2nd St., Grand Island <br />Phone 826.4349 Phone 762.2/160 Phone 384.4433 <br />1974 FIRST FEDERAL SAVINGS AND LOAN • 5L/ <br />ASSOCIATION OF LINCOLN. NEGRASKA <br />