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<br />The Mortgagee may collect a "late charge" -not to exceed rive Cents (5c) Ifor each dollar ($1.00) of each total monthly
<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 the note herebyj secured which may be construed as interest,
<br />shall not, in the, aggregate over the term thereof, exceed the. rate that may now be I fwfully co acted for in writing.
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<br />It is further agreed that in case any suit is begun to foreclose this mortgage,; the Mortgagee, its representatives or assigns,
<br />Shull atonce 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 curt, 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 suchother acts;,as may he 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 mortgage, without other evidence)
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<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 jalienate said property, or any part thereof,
<br />or my interest therein, or shall bi: 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 stall 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 hccome 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 Lhfortgagor, 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. 1 '
<br />In this instrument the singular includes the plural and the masculine includes the .feminine and the neuter aruLthis in,
<br />strument shall be binding upon the undersigned, his heirs, personal representatives, 5itccessors' acid assigns.
<br />IN WITNESS WHEREOF, we have hereunto set our hands and' seal, the jday and vear first above written j
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<br />In the presence of:
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<br />Steven J. Milou.rn1
<br />.....�%1�.. :'.'�... . `...; ✓-G........ .... .........
<br />Nancy M.�Milbourn '
<br />STATE Or NEBRASKA l
<br />} ss. , i •
<br />Hall... County,
<br />da ...... .. f ., 75
<br />Notary On this .....��.y of ............ uq Uf 19.:...... before me, thew' dorsi ned,i a Nota Public, in and for said ,
<br />Steven J. Milbourn and Nancy M. Milbourn, husband and wife'
<br />County, personally came........:. act and deed...:.'..f
<br />................................................ ........ ...:. ........
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<br />personally known to me to be the'identical persons whose names are axed to the above and foregoing instrument, as mortgagors,
<br />and each acknowledged said instrument to be his or her voluntary
<br />Grand Island, Nebrask'.
<br />Witness my hand and notarial seal at . ................................................... .....,.......................I..:................................. ...:............
<br />the date last above written. "
<br />Thomas �. Willits
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<br />........................ . .. .........
<br />STATE OF NEBRASKA j Notary Public.
<br />My co•mmrsscon expires ............. rOcto4�.�1.3,I
<br />......
<br />.....�
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<br />STATE Or. ... f
<br />ss.
<br />County ....... I
<br />Entered on nume ' al index and filed for record in the Register of Deeds Office of said County the
<br />✓.. ?...day of ......... ...... a h......., 19. ., at....... .--•--o'clock and......: �..5`.minute
<br />and recorded in Book ...... 1�Q......._._of Mortgages at page........... as Instrument No .:....... ..........
<br />R. of Deeds
<br />`
<br />By...
<br />....... ........ ........Deputy
<br />When recorded to be returned to the ,
<br />-;.,FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />LINCOLN OFFICES: OMAHA OFFICES: 'REGIONALOFFICES:
<br />❑ 1235 "N" Street ❑ 8706 Pacific St. ❑ 2120 First Ave., Kearney
<br />❑ 135 No. Cotner Blvd. 2101 So. 42nSt. Phone 2342473
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<br />• ❑ � !❑ 513 "E" Street, Fairbury
<br />❑ 70th and "A" St Phone 729.2202
<br />❑ 3205 No. 90th St.
<br />•. ❑.2 _ ;❑ 1433''M"Street,Ord
<br />541 No. Street
<br />Phone 475.0521 ❑ 10920 West Dodge Rd. Phone: 728-3218
<br />435.2111 Phone 558.4323 ❑ 1301 Main'Ave., Crete
<br />Phone'826.4349 •
<br />copyrlrht 1965 by first Federal Savings and Loan Association of Lincoln. Lincoln. Nebraska
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