|
The Mortgagee iilay-coilect•a "latte-chargenot t(i exceed Fivi''Cenits (5c) for'each•dollar ($1.00) of call'): lui, numthly
<br />paymi�nt. more than:.15 days in, arrears to `cover the extra expense involver) in handling delinquent accounts.
<br />All payments made cinder the provisions of this mortgage or the not(- hereby secured. which may he 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 a1greed 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 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 />sion of said premises, or. to collect the rents therefrom, and to (lo 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 />pointment of a receiver upon the production of this'niortgage. without lather evidence.`
<br />The Mortgagee shall be 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 on
<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 eV%idencing 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 Afortgagor, 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 anyway 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, personil representatives, successors and assigns.
<br />IN WITNESS WHEREOF, we have hereunto set our hands and seal, thea day and year first above written.'
<br />In the presence of: -
<br />S�%C/'�!?
<br />a ,c�
<br />Terrence Schmidt
<br />Barbaza A Schmidt
<br />STATE OF NEBRASKA 1I
<br />Hall .................County. )1
<br />On this ........... day of .......�
<br />Q . ............. 19. 775. before me, the undersigned, a Notary Public, in,and for said
<br />�.��....
<br />County, personally came ......T.errence......Schmidt..:and..Barbar.a...A.....Schmidt•....husband.•and••-w:i.fe,--
<br />•• '-•....•"..................
<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 />Witness my hand and notarial seal at ........ Gr.andIsl.andy•••Nebraska"................................. .. •..
<br />I
<br />the (late last above written.
<br />......................:.T ...hc. ......
<br />. Notary Puh
<br />My commission expires....... OC. ... Willits
<br />—
<br />'
<br />STATE GF NE6RAEt:A
<br />STATE OP .... ... ..ePA/�.'............. ; October 18, 1�'7: '
<br />ss.
<br />County......!...................................
<br />Entered on numerical index. anis filed for record in the Register of Deeds Office of said County the
<br />// �.ff /..minutes .......
<br />G�..�ifi..: day of..........f 21`t ................ 19.../..x., at ...... :::IO. ..o'clock and......... D. M,.
<br />and recorded in Book............lo..............of Mortgages at page.. 1�......�(......., a, nstriiment No ......................
<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 />El, 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. ❑ 10920 West Dodge Rd.
<br />REGIONAL OFFICES: ❑ 2120 First Ave., Kearney ❑ 513 "E" Street, Fairbury ❑ 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 - FIBST FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF LINCOLN. NEBRASKA
<br />
|