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010087 <br />Tlw Mortgagee may collect a "late charge" not to exceed Five Cents (5c) for each dollar ($1.00) of vilch total monthly <br />payment molre than 15 daYs in arrears to cover IIIv extra expense involved in handling delinquent accounts. <br />All payments made under the provisions of this mortgage or the note lierebY secured. %v I hich may he construed as interest. <br />,,hall not, in the aggregate over tiie term thereof, exceed the ra('e that may now be lawfully -contracted for,in writing. <br />It is further agreedthat in case any suit is begun to for'uclose this mortgage, the Nlortgagee, its r(�I)r(-�.sentftivesorissigii�. <br />shall at once be entitled to the possession of said promises. and upon application therefor, the court in whiclisuch action (;hall <br />be brought or any judge of such court. either in term time or vacation, is hereby authorized to appoint a receiver io take posses- <br />sion of said premises, or to collect the rents therefrom, and to (to and perform such other acts as may be' requirec I by the order <br />of the court making the appointment; and said Niortgagor hereby waives any notice of such applicatio'n. and I cpnsents to the :it)- <br />pointinent of a receiver upon the production of this mortgage, without other evidence. <br />The Mortgagee shall be subrogated to all of the rights, privileges, priorities. and equities of any lienholdi2r whose lien niaY <br />have been discharged from the proceeds of this loan, or by any funds hereby paid or furnished by the Nfort­a�ev. <br />IT IS EXPRESSLY AGREED that if the Mortgagor sliall sell, convey or alienate said property, or! any part thereof, <br />or any interest therein, or sliall be divested of his title or my interest therein in my manner or way, wlietlie� voluntarily or <br />involuntarily, without written co ' nsent of the Alortgagee being first had and obtained, Mortgagee sliall have the Hglit. at its option, <br />to declare any indebtedness or obligations secured liervb.v, irrespective of the maturity clate specified in any n'Ote evidencing tile <br />same, immediately due and payable without notice, an(] said debt shall thereupon become absolute. If the own(Irship of the mort- <br />gaged property becomes vested in I person other than the INIortgagor, the Mortgagee may, without notice to the'Mortgagor, deal <br />w , ith such successor or successors in interest with reference to this mortgage and the debt. hereby secured as with the Nfortgagor, <br />nd may forbear to sue or may extend time for the imyrnent of the debt hereby secured without discharging or in any w,ay affecting <br />the liability of the original A-fortgagor hereunder or upon the debt secured. <br />In this instrunient thessingular includes the plural and the masculine includes the feminine in(] the iivuter and this in- <br />strument. shall he binding upon flie undersigned. his heirs. person:il representatives. successors and assigns. <br />IN WITNESS WHEIREOF, we have hereunto set our hand,; and sval, the day in(] year first above written. <br />I n the presence of: i <br />.................................... ........ <br />-a- m. ....... E. Carso'n' ..... <br />E� <br />....................... ............................ ................... ............................. <br />STATE OF NEBRASKA <br />. ............................ County. j <br />On this ....... 4�.t... (lay of ..... 19.75,I)efore me, the undersigned, I Notary Pubf . ic, in and for said <br />County, personally came ...... James E....Qarspn,..A ... qipgle ... PexsOr� ............ ........................ ........... .................................. <br />personally known to me t6 be the identical persons whose names are affixed to the above and foregoing instrUmont, as mortgagors, <br />and each acknowledged said instrument to be his or her voluntary act and deed. <br />Witness my hand and notarial seat at ................ Grand ... Island,...NebTaska ............................................... I ..................... .............. <br />the (late last above written. Tion,' -s L. Willits <br />",40TARIAL <br />_A <br />'A <br />OF NE:BRASI, ................. <br />�Notary Public. <br />October 18, H <br />078 <br />Nly commission e%pires .............................. . . ....... <br />STATE 'OF... <br />................... <br />ss. <br />County....... ...................... ............ <br />Entered on nurn ical index and filed for record in the Register of Deeds Office of said,County the <br />.... (lay of ....... ... V ......... 19.,;��., at ........ ...... o'clock and .......... /_/ .. minute.9 <br />and recorded in Book./..7/, ............ of N,lortgages at p Insti t <br />Zage s 't men <br />............................ <br />Reg. of Deeds <br />1974 rjnST FEDERAL SAVINGS AND LOAN <br />ASSOCIATION OF LINCOLN..NCORASKA� <br />By........................................................................ '.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 />135 No. Cotner Blvd. 'E] 70th and "A" St. n 2541 No. 11th Street <br />OMAHA OFFICES:; <br />Phone 558-4323 <br />E] 8706 Pacific St. <br />2101 So. 42nd St. 3205 No� 90th St. E] 10920 West DodI - e Rd. <br />REGIONAL OFFICES: <br />E] 2120. First Ave., Kearney E) 513 "E" Street, Fairbury 1433 "M".Street: Ord <br />Phone 234-2473 Phone 729-2202 Phone 728-3218 <br />E] 1301 Main Ave.', Crete <br />223 Box Butte Ave., Alliance 1811 West 2nd St.' Grand Isiarid <br />Phone 826-4349 <br />Phone 762-2160 Phone 384-4433 <br />1974 rjnST FEDERAL SAVINGS AND LOAN <br />ASSOCIATION OF LINCOLN..NCORASKA� <br />