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The Mortgagee may collect a "late charge" not to exceed Five Cents (5c) for each dollar ($1.60) of.each total monthly <br />payment more than 15 days in arrears to cover ilio extra expense involved in handling: delinquent accounts. <br />All paynients made under the provisions of this mortgage or the note.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 contractedfor in writing. <br />It is further agreed that in case any suit is begun to foreclose this mortgage, the Mortgagee, its representatives or assigns, <br />shall atsince 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 iii 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 hy. the order <br />of the court mak-ifig the appointment; and said 14i�rtgagor hereby waives'any notice of such aplAication.and (:pnsents to the al <br />pointment of a receiver upon the production of tins'mortgage, without other evidence. <br />r <br />The Mortgagee shall he subrogated to all cif the rights, privileges, priorities, and equities of any lienholder whose lien may <br />have been discharged from the proceeds of this Ivan, or by any funds hercht'paid or furnished by the Nlortgpgee. <br />IT IS EXPRESSLY AGREED that if the Mortgagor shall sell, com•ep, 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 IiTa.turity date specified in any note evidencing the <br />same, immediately*due and payable without notice',-and said debt shall thereupbfi 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 azfd the debt hereby secured as with. the Mortgagor, <br />and may forbear, to sue or may extend time for the payment of the debt herebysccured without discharging or ill h y 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 ancd the neuter and this ifi- <br />slrumentshall be hinding upon the undersigned, his heirs, person?I representatives, successors afiid assigns. <br />IN WITNESS WHEREOF, we have hereunto set our hands and seal, the clay and year first above written. <br />In the presence of: <br />.0� .... <br />l , <br />Charles P. 'Oden, Sr.. <br />udith J . Odes �.: ;.. <br />STATE OF NEBRASKA <br />SS. - <br />Hall County, <br />On this...1;.25th........ day of ... rust.. ts...75 txfore me, jhe.undersigned, a Notary Public, in and for said <br />County, personally 'came ........ Charles--.P.-..Odes;,-.Sr..--.and,. Judith-, J,.:•.Oden,..husband.. and..wife_,................._.._..._.,, <br />personally knownato 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 he his.or her voluntary act and deed:. <br />Witness my hand and notarial seal at........ Grand—Island, 11 raska............. ........ ................... ................ :............................... <br />the date last above written. <br />Bernard L English <br />. .... .. .......... _................... ._ ...,................ <br />a <br />GENERAL NOTARIAL otry Puhlic. <br />SEAL <br />STATE QF �EIIIRASKAiV1y com . <br />............................................. <br />f�iiYlteibN EXPIRES <br />April 30, 19;29 <br />STATE OF,..,.. .tom.............. <br />County ......�G'C............................:... <br />J 5s. <br />Entered on numerical indeex and filed for record in the Register of Deeds ell <br />of said County the <br />_t�n/ day of.... C-2yl-elle'.2111 .......... 19,/5./ at....... ...��cl <br />........o'ock and ... .....Jo... .minutes ..../.T..•..MI, <br />and recorded..in Book .......... %..Q..... of Mortgages at page. ..... _ 1p...%...gen <br />, as Instru t No..... :...... .......... <br />_ r✓.......................... <br />:.. <br />Reg. of Deeds <br />By......•.............1................................................... Deputy <br />When recorded to be returned to,the <br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF •LINCOLN <br />LINCOLN OFFICES:. Phone 475.0521.1.435.2111 <br />❑ 1235'."N" Street ❑ 135 No. Cotner Blvd. ❑ 70th and "A",St: ❑ 2541 No. 11th Stceet <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 234-24.73 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. rIRST FCDCRAL SAVINGS AND LOAN. - - <br />ASSOCIATION OF LINCOLN, NCDRASKA �.� , <br />