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010023 <br />The- Nlortga�ee may collect a "late charge- not to (�Xceed Five Cents (5c) for each dollar. ($1.00) of ejach'iotal nionthly <br />payment zriore than 15 days ill arrears to cover the extra expens'o involved ill handling delinquent accounts. <br />All payments made under the provisions of this mortgage or the note hereby secured. which may he construed as interest. <br />shall not, ill file aggregate over die terin thereof, exceed the rate that Illay now he lawfully con.tracted for in writing. <br />It is further agreed that in erse .111 ' v s ' llit is begull to foruclose this mortgage, the iNlortgagee, its representatives or assigns. <br />shall at once be entitled to the possession Of said premises, ,in([ upon application therefor, the court in which'such action shall <br />he I , )rought or any judge of such court. either in term tinie or vacation. is hereby authorized to appoint a receiv I er' to take I)o,'-,sv­s-- <br />Sion of said premises. or to collect the rents therefrom, and to (to and perform such other acts as may he requ'ired by the order <br />of the court making the alipointment; and said 10ortgagor hereby \%,.,live.,; any notice of such application. and consents to the ,it)- <br />pointment of a receiver upon the production of this mortgage. without other evidence. <br />The Nfortgagee shall be subrogated to .111 of the rights, privileges. priorities. and equiti" of any lienholder whose liell 11111N <br />have been discharged from the proceeds of this loan, or hy any funds herehY paid or furnished by the Nlortg,'Igve. <br />IT IS EXPRESSLY AGREED that if the ivfortgagor Miall sell. convey or alienate said property, or any part thereof, <br />or any interest therein, or sliall he divested of his title or any interest therein in any manner or wav, whet1jer voluntarily 'or <br />N, <br />involuntarily, without written consent of the Nfortgagee being first had and obtained, lort.-agee ,;hall have the'right, at its Option, <br />to declare any indebtedness or obligations secured herchy, irrespective of the maturity date specified ill any ni�)t( ! evidencing the <br />same, immediately due and payable without, notice, and said debt shall thereupon becolile absolute. If the ownerl;llip of the mort- <br />gaged property becomes vested in a penon other than the 'Nlortgagor, the 'Nlortgagee may, Without nOtiC0 to the INTortgagor, deal <br />With Such SUccLs.sor or successors in interest with reference to this mortgage and the debt hLrel)y secured is with the Nfortgagor, <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 Alortgagor hereunder or upon the debt secured. <br />Ili this instrument the singular includes the plural and [lie masculine includes the ferninine in(] the neutor and this in- <br />strunlent sliall be bin(ling upon the undersigned. his heirs. persowil representatives, successors and aSsigns. <br />IN NVITNESS N%7l-IE1R.E1OF, we have hereunto set our hands ,in(] seal, the daY Old Year fir'st above wr itten. <br />In the presence of: <br />. .......... xf <br />........ ... M., ................... <br />Robert D. Real <br />........ .... ................. ..................... . ..... ... .............. <br />Jagne' L.Real <br />STATE, OF NEBRASKA <br />Ha.1.1 ............................... County, ss. <br />On thi dav of ...... 19.75. -fore me. the unders-igned, a Notary Public,'in and for said <br />be <br />Robert D. Real and Janet L Real, husband and wife, <br />County, personally came ............................. ................................................... ............................................ * ...... ..... * ......................... ............. <br />personally known to me to be the' identical persons whose names are affixed to the above in([ foregoing instrumbrit, is mortgagors. <br />and each acknowledged said instrument to be his or her voluntary act and cleed. <br />Grand Island, Nel3raska <br />NVitness my ]land and notarial scal at ............... ................... ......................... .... ............ .......... <br />the flate last above written. <br />Timms L. Willits <br />Gr-i-,IERAL HOTARIAl- <br />S A E: t��n PA <br />.......... .............. .. <br />STATE OF tj 13PASKA ..... <br />Notary Public. <br />er 18 19 <br />Nly commission expires ............ ........ October..18, 1973 <br />STATE OF../�( _ . .............. <br />ss. <br />Count) . ......... ................................ <br />Entered on nuipe%cal index and filed for record in the Register of Deeds Office of said County the <br />44day of... ,o� ef . .. . ..... 19../70 at ........... ?,_o'clOck and ......... /,�f <br />...... ...ininutes <br />and recorded in Book ......... ....... of INIortgages at page as Instr6ment No ..... <br />.... .......... <br />.......... ...... <br />R e g. o' i * Di, , e*e 'd* "s ... <br />By ............................................. <br />...................... ..... Deputy <br />When recorded to be returned to the <br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN <br />LINCOLN OFFICES: <br />Phone 475-05211435-2111 <br />1235 "N'! Street <br />E] 135 No. Cotner Blvd. Ej 70th and "A" St. E] 2541 No. I Ith Street <br />OMAHA OFFICES: <br />Phone 558-4323 <br />LJ.8706'.Pacific St. <br />F 21,11 So. 42nd St. 3205 No. 90th St. 10920 West Dodre Rd. <br />REGIONAL OFFICES: <br />E] 2120 First Ave., Kearney 513 "E" Street, Fairbury Fj 1433 'IM" Street, Ord <br />Phone 234-2473 Phone 729-2202 Phone 728-3218 <br />1301 Main Ave., Crete 223 Box Butte Ave., Alliance F1 1811 West 2nd St., Grand Island <br />Phone 8,26-4349 <br />Phone 762-.2160 Phone 384-4433 <br />11974 - FIRST FEDERAL SAVINGSAND.LOAN <br />ASSOCIATION OF LINCOLN. urDRASXA. <br />