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i%lortgagee may collect a "late charge- riot to exceed: Five Cents for vach dollar (S1,00) of oafli lot:11 IlioliflIlY <br />pay.nient more than 15, da.vs ill ari-pars to cover the (1 -Orn expense -involved if) Ila lidl i fig. i II(Iliell I accoillits. <br />All payments madv under'the provisions of this mortgage or the riot(, lierel) ' v SCCUred. which may he construed as interest'. <br />sliall riot. in the aggregate over the term thereof, exceed tho. ratt� that mat, now he lawfully contr ficted for in writiIII., <br />It is further agrved fliat iq� case an� SIlit is hCUIl 10 f0IL . ('lost' this niortga'ge, the Nlortgnee, its rvim-stm6itiv" or assigns. <br />shall at ofice be entitled to the ppssc.".ioli of said.prefilises. all(l upoll application therefor, thV*COUrt ill WhiCh 511CII -ICti011 S111111 <br />he brought or ally judge of such C(,)Ilrt. either ill ter'm time or vaciition. is hereby authorized to appoint ,I re�.eiv(,'F to take posses- <br />sion of said premises. of- to collecti!the rents, therefrom. and to do and perform such Other acts may lie requi�ed by ill(- order <br />of the court making the appointnumt; and said Nlortgagor hervby! waives lily notice of such application, and consents to the ap- <br />pointment of ;I receiver upon thc liroduction of this,morigage, without other. evide6ce. <br />The Nlortgagee �Ilall he st'lhro"Itt'd to all of the rights, pr'lvileges. prioritivs. and equitivs:nf ally liefilloldve. whose liell lillit. <br />linve beezi dischargod from the piocceds of thig loall, oi- hy :lily. funds herebY paid or furnished bt, the Nlortgagee <br />It IS EXPRESSLY AGREEI) flint if flie Nloirh,,agor sliall sell, corivey or alivrinte s:ild propertv, or qny 1mrt thereof. <br />or any interest therein, or shall be divested of his fith, or anY inti,rest therein in any inanner or way, whethq'r voltintarilY or <br />involuntarily, without written consent (if the being, fir5t had and obtained, :�Iortg;qgoeAi�ill have the riglit,'nf its option, <br />to.declare any indebtedness or obligations sectired heroby. irrespdctivo of t1w imiturit.N. d;ite spt�cificd ill III-,, nolt�vvidenving tilt, <br />same, immediately due. and payable without notive. and s�lid dobf shall thereupon become ab.,4ohi.te. If ill(, owm-r.Aip,of the mort- <br />gagred property lwcoijiie,� vested ill:a person other than thc %lortgagor, the 1%lortgagee may. without notire to fill; Nlortgagor, deal <br />with such siwces�ior or siicccs�ors in interest with refurence to this illortgage ]fill tht,- debf hereby sm-tired ,I., witli fh�� Nfortgagor, <br />an(I rnav forbear to Sue or maY ex.tend tirne for the payment Of the dehf 1wrebY secured without cliscimrging� or in �iny- ',way affecting <br />the liahility of the.origimil ?�lortgmgor herelinder of- 'Ilpoli fill- debt seell red. <br />In lhi�v instrument the singular include�, t lie. pillf-,11 ind the masculine includes the fen iiiiine and the 'if(! <br />ItIter and this ill- <br />,,trunlelit shall be hindill" upon tlw% undersigned. his jivir-4. person,il representatives. successors and assigris. <br />IN �%TFNHSS \V111"'REOF, we have lif-rounto set our 11:ilids and soa]. the and Y ,.ir first above %,.,Fit I t f, Fl, <br />Iii ill(, prest-nce of: <br />R <br />.......... ...... .. � _'.­: .. . 1. .. I I . ­ ;- .- - <br />Glen L. Bailey <br />Debra A. Bailey <br />STATE OF NE,13,11ASI�A <br />.... . Hall., . ....... ..... <br />Oil this ....... I.Mi- (,,,,%..,Of .... v)75', beforo'ni!% tht� urider�ignt,(].:a Notary l'uhlic. ill and forsaid <br />County, personally carrie ........ q;�eT� ... L....Bailey and Debra...A... Bailey.,... husband..and.. wife <br />personally known to me to ]if, the Identical porsons whose nanies are affixed to tire above and foregoing instrument, as morigagors, <br />and each acknowledged said.instruinent to lie his or her voluntaiv let and doed. <br />NVitliesg illy hand and notarial seal at .......................... .. Grand.. Island,_ Nebraska.... <br />the date last above written. T* <br />Romo,-, L. 1i%/i1jjtq <br />G ae, �11 <br />A% ...... ...... ......... .. ... .... ... ..... <br />S T,�T E 11 F I,! � l,_1 11 A'S !;I 1�.. N0.iry' Public: <br />A I <br />Nly commission expires ............. .... ... Octobe ... <br />............... <br />STATE 0T.. <br />County . ............ ...... <br />1,'Intere(l on numeri cal in(lex an(I file(I for recor(I in the Register of bee(is Office of said County the <br />/76/&I A—_ <br />y of. 15L 1.9.,7�5_ at ....... . .. ..... wcldcl� an(I .... :.X...minutes ........ PM,. <br />an(1- recor(le(l in Book ... ... 4/� ....... of Nlortgages at -pag( as Ti�i iment. ...... <br />By ....... D epu ty <br />When recordecl to' be returned 'to the <br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION 01�, LINCOLN <br />LINCOLN OFFICES: Phone 475-05211435-2111 <br />E] 1235 "N" Street F] 135 No. Cotner Blvd. E] 70th and "A" St. 2541 No. 11th Street <br />:Phone 558-4323 <br />OMAHA OFFICES: <br />Fj 8706 Pacific k 2101 So. 42nd St. E] 3205 No. 90th St. <br />f -I 10920 West Dodge! Rd. <br />REGIONAL OFFICES: 2120 First Ave., Kearney E] 513 "E" Street, Fairbury [-] 1433 "M" Street, Cfrd <br />Phone 234-2473 . Phone 729-2202 Phone 728-3218 ! <br />1301 Main Ave., Crete Ej 223 Box Butte Ave., Alliance n 1811 West 2nd St., Grand Island! <br />Phone.826-4349 Phone 762-2160 Phone 384-4433 <br />1974 FIRST FEDERAL SAVINGS AND L DAN <br />A�D <br />ASSOCIATION OF LINCOLN. NCOnASKA <br />