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AMk Adolk
<br />010056
<br />The Mortgagee may collect .1 "late charge" )lot to exceed Five Cents (5c) for (,,tell dollar ($1.00) of va,( 11 total n1ontIlI.N
<br />payment niore than 15 days in arrears to cover 11 ie extra expen',e involved in handling delinquent a Ccounts. I
<br />All payments. made under,div provisions of this mortgage or the nott- herebY secured. wl . i . ich may be con4trued as interest.
<br />shall not. in the aggregate over the terni thereof, exceed the rat(i� (flat mav now he lawfully dontracted for in wriiing.
<br />It is further agreed that in case an ' v suit is begun to foreclose this mortgage, the Mortgagee, its representafives or assigns.
<br />shall at once be entitled to the possession of said premises. and upon application therefor, the court in %vhicli�sucll action sliall
<br />be brought or illy itidge of such court. vither in term time or vacation. is hereby authorized to appoint a receiv�r.t(i'takc posses-
<br />sion of said premises, or to collect the rent -s therefrom, and to do and perforn-i such other acts a-, may be 'requi're , (I by the order
<br />of the court making the appointment; and said 'Nlortgagor hereby waives any notice of such Ipplication. and co ! tisents to the ap-
<br />pointment of a receiver tipon the l)roduction of this mortgage. without other evidence.
<br />The 'Nlortgagee shall be subrogated to all of -the rights, privileges. priorities. and c(itfitics of lily lienholddr whose lien may
<br />have been discharged front the proceeds of this loan. or by any funds hereby paid or furnished by the Mortg?igee.
<br />IT IS EXPRESSLY AGREED that if the Mortgagor sliall sell, convey or alienate said property, or ',my part thereof,
<br />or any interest thercin, or sliall be divested of his title or any interest therein in lily manner or way, whothler vbluntarily or
<br />involuntarily, without written consent of the Nlortgagee being first had and obtained, 'Mortgagee shall have the right, at its option,
<br />to declare any indebtedness or of) ' ligations secured hereby, irrespective of the matu'ritY date specified in any qdte evidencing the
<br />same, immediately (file and payable without notice, an(I said debt shall thereupon become absolute. If the owneeship of the mort-
<br />gaged property becomes vested in a person other than the 'INIortgagor, the Mortgage(� may, without notice to thll� Mortgagor, deal
<br />Nvitli such successor or successors in interest with reference to this mortgage and the debt hereby secured as with thle 'Mortgagor,
<br />ally way affectifig
<br />d may forbear to site or may extend time for the,payment of the debt hereby secure(] without discharging or in:
<br />the liability of the original Nfortgagor hereunder or upon the debt secured.
<br />In thi,, instrument the singular includes,the plural and file masculine includes the feminine and the neuterand this in-
<br />strurnen.t shall be binding upon th e imdersi,,ned, his heirs. persowil representatives. successors and assigns.
<br />IN NVITNESS \VI-IE-,RE1OF, we have hereunto set our hands and seal, the day ;in(] year first above wri i Hen.
<br />]it the presence of:
<br />/ ................. . . . ....... .......... ...............
<br />Andrew D. Gudgel
<br />.. ............................
<br />Lila;�Gudgel
<br />STATE OF NEBRASKA
<br />Hall SS.
<br />............ countv,
<br />........................
<br />Oil this .... (lay Of
<br />-ig.75.. before me, Of(". undersigned, a Notary Publici, and for said
<br />Andrew D. Gudgel and Lila K. Gud el, husband and wif
<br />County, personally came ............... ! ............................................................................ ... Q; ................................................... ........ .......... ........ ............ .
<br />personally known to me to be the identical persons whose names are affixed to the above and foregoing instrumehL as mortgagors,
<br />and each acknowledged said instfument to be his or her voluntary let and deed. f
<br />Witness my handand notarial seal at ... G.rand Island, Nebraska .............. ..................... ....... ... .. .. ..
<br />.................... ........ .... . . ...... . . .... .........................
<br />the (late last above written.
<br />Willits
<br />/"P
<br />7P:li3 rl,� S I/
<br />......................... Zz,96 . ...............
<br />ST/t','_� OF NE
<br />i�u blic.
<br />Co er
<br />My commission expires .......................... .... October 13 in-
<br />. ..........
<br />STATE'
<br />Ss.
<br />County.. ............ I .... .... ...................................
<br />Entered on numerical index and filed for record in Ole Register of Deeds Office of. said County 'the
<br />nin*s
<br />.... (lay of ..... ........... 19.,��_ at ............ / ..... o'clock and ....... I
<br />and recorded in Book ........ .......... of Mortga-es at page_ - 7_2
<br />as nstruin nt No./ S�� .....
<br />. .........
<br />Reg. of Deeds
<br />By: ........................................................................ Deputy
<br />Wlien recorded to be returne4 to the
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />LINCOLN OFFICES:. Phone 475-05211435-2111
<br />Ej 1235 "N" Street E] 135 No. Cotner Blvd. 70th and "A" St. 2541 No. 1 1th Street
<br />OMAHA OFFICES: Phone 558-4323
<br />E] 8 . 706 Pacific St. E] 2101 So. 42nd St. E] 3205 No. 90th St. 10920 -West Dodg�'Rd.
<br />REGIONAL OFF16ES: E] 2120 First Ave., Kearney E) 513 "E" Street, Fairbury 1433 "M" Street, bed
<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- FJnST FEDERAL SAVINCS AUDLOAN
<br />ASSOC I ATION OF LINCOLN. NEnRASKA
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