|
'I'll(, Mortgagee may collect a "late charge- not to ex'cecd Five (5c) for each dollar ($1.00) (if vak-h total niontill.%
<br />payment more than 15 days in arr(lars to cover the extra expens;e involved in handling delinquent account,,.
<br />All payments made under-Alu,- provisions of this mor(gage or the note herebY secured, wilich may lie constrl'ied as interest.
<br />sliall riot. in 111-(� aggregate over th I v term thereof, exceed I) . to rate that may now he lawfully contracted for in writing.
<br />It is further agreed thalt in (,;Is(, 1111V Suit is beg'un to fort -close this mortgage, the Mortgagee, its representa ' tive . s or assigns.
<br />sliall at once lie 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 stich c6urt. either in term thne (it vacation. is hereby authorized to appoint a recewdr to'take posses-
<br />sion of said premises, (ir to collect the rents therefrom, and to (to and perform such otiler acts as maY be req;uil-ed by the order
<br />of tile -court making the appointment; and said Nlortgagor hereby waives any notice of such application. and i-pilselits to the ap-
<br />pointment of a receiver upon the production of this. mortgage. without other evidence.
<br />The 'Nlortgagce' shall lie. subrogated to all of file rights, privilege,,. prioriti". jild (,quities of any lienholde��wllosv liell may
<br />have heen discharged froin the proceeds of this loan, or lly anv funds herebY paid oi� furnished by the iMortgagice:
<br />IT IS EXPRESSLY AGREED tilat if the Mortgagor shall sell, convey or alienate said property, or- tirly part theroof,
<br />or any interest therein, or sliall he divested of his title or aliv interest therein 'in any inatiner or way, Nviieth , er' voluntarily or
<br />involuntarily, without written consent -of the lklortgagee being first had and obtained, 'Nlortgage(, slizill the' right, at its option,
<br />to declare any indebtedness or obligations secured hereby, irrespective of the maturity* date specifivd it) any note evidencing the
<br />same, immediately due all(] payable without notice. and said debt shall thereupon heMulc 11)�40hlte- If tile ownee,ship of the mort-
<br />gaged property becomes vested in a person other than the Mortgagor, the 1XIortgagee illay, without notice to fit(, ..'N'lortgalgor, deal
<br />with such successor or successors in interest Nvith refeience to this mortgage and the debt hereby SOCUred is widi t1Y. Nfortga - gor,
<br />and an�,' way affecting
<br />may forbear to sue or may extend time for the payment of the debt, herobv secured Without discharging or in!,
<br />tile liability of the original Mortgagor hereunder or upon tile debt SPCIlred.
<br />In this instrument the singular includes th(,� plural and the masculine includes the fernininvand t lie iieutt;r and this in-.
<br />strument shall bo binding upon the undersigned. his Ileirs, person�il representativ", successors and assigns-. i
<br />IN WITNESS NVI-IFREOF, wv have hereunto sot our hand, and soal. the day and Yvar first above written.
<br />In the presvnce of:
<br />X.......... ... ...
<br />14a J %
<br />Mi ael L. aul4n
<br />w-............ ..
<br />Kathleen A. Paulson
<br />sTATE' OF NEBRASI<A
<br />................. count%
<br />Oil this ........... V
<br />...:7�1-7. lay of . .... 19..:.7.5 befor me. tile undersigne'd, a Notary Puilli b,.; in and for said
<br />County, personally came ... Michael...L. ...Paulson.. and ... Kathleen.. A.... Paulson., ... husband..and ... wif 6 ..... . ...... ............
<br />personally known to me to lie tile identical persons whose names are affixed to the above and foregoing iii,,,truniept, as niortgagors,
<br />and (,,tell acknowledged said instrument to be his or her voluntary actand deed.
<br />QraqdIs1an4,.
<br />Witness my liand and notarial seal at .................. ............... .... ........... ..............
<br />................... .......... ........... ............. ...........
<br />tlie clate last above written.
<br />Tho�,rm L. Wil - I ' its
<br />6 L
<br />GLi`I-'&AL NOn-A
<br />RIAL jf-
<br />.......... ..... .6
<br />S _T
<br />TAiE OF NEBRASKA Notary Public.
<br />Co er
<br />My commission expires ...... .......... .......
<br />STATE OR1��a"4.4'�� ..............
<br />COUnty...... ..... ... ........ .......
<br />Entered on nume9p] index and filed for record in the Register of Deeds Office of said'Cou'rity the.
<br />41
<br />14�7Z.Aay of 9., 1�� a t ...... ...... o'clock and ....... !� ��....minutes,.'./ ....... K.
<br />and recorded in Book ... ...... ....... of N-lortgarres at pa IT(! 15-671..:.',, as Instrument No.0.C.,F1-1.1.r
<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 />M 1235 "N" Street E] 135 No. Cotner Blvd. 70th and "A" St. 2541 No. 11th St�eet.*.
<br />OMAHA OFFICES: , Phone 558-4323
<br />E] 8706 Pacific St. El 2101 So. 42n6 St. 3205 No. 90th St. E] -10920 West Dodge Rd.
<br />REGION . AL. OFFICES: [] 2120 First Ave., Kearney 513 "E" Street, Fairbury 1433 "M" Street, Ord
<br />Phone 234-2473 Phone 729-2202 Phone 728-3218.
<br />E] 1301 Main.Ave., Crete 223 Box Butte Ave., Alliance F1 1811 West 2nd St., Grand Island
<br />Phone 826-4349 Phone 762-2160 Phone 384-4433
<br />1974 rinST FEDEnAL SAVINGS AND LOAN
<br />ASSOCIATION OF LIN�OLH. NEPR�SKA
<br />
|