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1 The Mortgagee may collect a "late cliarj e" not to exceed Five Cents (:Ie) for each dollar ($1.00) of each total monthly
<br />f�"`lll payment. more than 15 (rays in arrears to cover the extra expense involved in handling delinquent accounts.
<br />All 1)ayments made under the provisions of this mortgage or the note hereby secured, which may be cot istrucd. as interest.
<br />shall not. in the aggregate over the term thereof, exceed the rate that may niw.he,lawfully contracted for in writing.
<br />It is further agreed that in case any suit is begun to foreclose this mortgage, the INlortgagee, 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 possiw-
<br />sion of said premises, or to collect the rents therefrom, and to do and perform such other acts as may be requi'rad by. the order
<br />of the court inaking the appointment; and said illortgagor 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 Mor•.tl;agee shall he subrogated to all„of the rights, privileges. priorities, and equitiesof 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 manneror 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 Mott -
<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 deht secured.
<br />In this instrument the singular includes the plural and the masculine, includes the feminine and file neuter and this in-
<br />strument shall he hinding 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 />In the presence of:
<br />STATE OF'NEBRASKA
<br />SS,
<br />............. ..... Hall ........... County,
<br />...................�W.gichols .../. _ ................ ...._........
<br />Inest .
<br />C.,..:.. Jr._'....... .............._..
<br />Lila M. Nichols
<br />On this .......zs � day of .......... u...6 ............. 19...75 before me, the undersigned, a Notary Public, in and for said
<br />County, personally came .... ....Ernest.. W. Nichols _and Lila M. Nichols,, husband: and wife
<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.............Grand... Ialaxed,...Nebx.aska................... :................................................................
<br />the (late last above written.FCTIA-IT"E
<br />L, Willits AL NO-iARIAL OF i4EBRASKA i Notary Public.
<br />'My commission exlrires.......................... ....October..18.,.1978.....
<br />...
<br />STATEOI.. ...................l
<br />} ss.
<br />County ........0 J ✓......................:......... JJ
<br />Entered on ii rn'al index and filed for record in the Register of Deeds Office of said County the
<br />day of......... �_G'� ....:........... 19..1.x..., at...:..�0........o'clock and.... ....rninutes'..,�'..M,.
<br />i
<br />and recorded in Book.............�........of Mortgages at pa e ...�......:.:. as Instrument No............
<br />.:....
<br />Ref;. 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 />❑ 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 ❑ 223.13ox Butte Ave., Alliance ❑ 1811 West 2nd St., Grand Island
<br />Phone 826.4349 Phone 762.2160 Phone 384.4433
<br />1974 - FIRST FCDCRAL SAVINGS AND LOAN
<br />ASSOCIATION OF LINCOLN. NCn RASKA
<br />
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