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The Mortgagee play collect a "late charge" not to exceed Five Cents (5C) for each dollar ($1.00) of Dash total numt}Ily
<br />Y payment. more than 15 days in arrears "to cover fhe extra expense involved in handling delinquent accounts.
<br />All payments made under the provisions of this mortgage or the note hereby secured• which may he c•onstru(Id as interest,
<br />shall not, in the aggregate over the term thereof, exceed the rate that may now be lawfully contractedfor in writing.
<br />It is further agreed that in case any suitjs begun to fome:lose 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 iii 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 receiver 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 inking the appointment: and said Mortgagor hereby waives any notice of such aplAication. and consents to the alp -
<br />ointment 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 ma%
<br />have been discharged from the proceeds of this loan, or by any funds hereby-.pairl or furnished by the ibfortg:igee.
<br />IT IS EXPRESSLY AGREED that if the Mortgagor shall sell, convey or alienate said property, or nny 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 obtaiiied, 'Mortgagec'shall have the right, at its option,
<br />to -declare any indebtedness or. obligaiions 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 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 site 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 debt secured.
<br />In this instruinent the singular includes the plural and the masculine includes the feminine and t1w neuter and this in-
<br />strument shall he binding upon the undersigned• his heirs, personal representatives, successors acid assigns.
<br />IN WITNESS WHEREOF, we have hereunto set our hands and seal, the dayand year first above written.
<br />In the presence of:
<br />.. ......, _ .. .. ........................... ............
<br />Walker/ F. Smi , Jr.
<br />........................I...............,........ .
<br />Barbara L'; Smith
<br />STATE of NEBRASKA
<br />......... Hall.................:.County.
<br />On this ..... g �. day of ...........V..u_5... .........:. 1x.75.. before me, the undersigned, a Notary "Public. in and for said
<br />Walker F. Smith, jr. and Barbara L. Smith, 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 be his or her voluntary act and deed.
<br />Witness my hand and notarial seal at.:........ Grand Island, Nebraska..•..• .
<br />...............................................................................
<br />the (late last above written.
<br />Thomas L. Willits .
<br />GE}J�P.AL NOTARIAL / •�� ...
<br />�Zlt.!.....
<br />SEAL, Notary Public.
<br />1bTATE OF NEBRASKA
<br />- COMMISSION EXeIR2II
<br />lvfy commission expires ............................ October N LXJ978
<br />STATE OF........ :l1�<G�.� .................
<br />sS.
<br />County .......... nom.......
<br />I:ntered`on humeri' -RI index and filed for record in the Register of Deeds Oflice of said County the
<br />G..*.da of.......... 6/✓ ............. 19.. 5.., at..........�...:o'clock and
<br />6/j. minutes ..../�_c.M,.
<br />�y/� ��' as Inst ument No ......................
<br />and recorded iIl• Book......//..tJ.........._of Mortgages at page-...... ............ .
<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 />❑ 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 Phone 234.2473 Kearney ❑ Phone 729-2202; Phone
<br />❑ 1433 Ph ne I'M" Street,Ord
<br />❑ 1301 Main Ave., Crete ❑ 223 Box Butte Ave., Alliance ❑ 1$11 West 2nd .St., Grand Island
<br />Phone 826.4349 Phone 762-2160 Phone 384.4433
<br />1974-
<br />FIRST FCOERAL SAVINGS AND LOAN
<br />ASSOCIATION OF LINCOLN. NEDRASKA `J
<br />
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