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Aft <br />010M <br />Alk <br />The i%lorfgagve may collect a "late charge" not to (-%'ceed Five Cents (50 for dollar (SI.00) Of vach total monthly <br />paynient mor(- than 15 flays in arrears (0 cover flit- extra vXpense involved if] handling dvIinquent 'accoullf.s. <br />All pay'nients inade under fit(- provisions Of this nlor(gagO or the note herebY SVCUred. whiel; may be construed as inWrest. <br />Shall not. ill tht� ag1gregate over the form thereof, exceed the rate that may no\%- ho lawfully coiitr:icf(,(l forin writing. <br />It is' , fu'rflier a -reed that in case anv suit is begun to I'MUclose this mortgage, the NLIortgagee, its repre.sentatives or assigns. <br />Shall at once be entitled to the I)o.,;.,;(-.I;sion of said premises. and upon application therefor, the court in which such action shall <br />he brought ;'r aji� jUd,e of such court, either in term time or vacation. is liere'by authorized to appoint a receiver to take pos.sos- <br />slon of said premises. or to coll-ect the rents therefrom, and it) (to and perforin -such other acts as may be required by the order <br />of the court making the appointment: and said ivlortggagor hereby waives any notice of such application, and consents to -tilt, ap- <br />pointillent of a 'receiver upon the production of this mortgage. without other ('%.;idence. <br />4 <br />The Nloogagee shall 1) - e subrogated to all of the rights, privileges. priorities, :111d C(IllitiUS Of all�' liellholder whose liell Inay <br />have heen discharged from the proveeds of lhi.� foarl. or h\1 1111y I'Llod.1 hereby paid or furnished bY the Afortgagee. <br />IT IS EXPRESSLY AGREED that if tile Nfortgagor shall sell, conve ' \1 Or alienate sz.lid property, or any parl t1lereof, <br />or any interest therein, or shall be divested of his title or any interest therein in any manner or way, whother voluntarily' or <br />involuntarily, without written consent of the Alortgagev being first liad and obtained, iMortgagee shall have tile right, at, its option, <br />to ClLclare any indebtedness or oblig�ations secured lierebY, irrespectivo of the maturity (late sl)'Pci&d in any not(- evidelicill, the <br />same, immediately due and payable without notice, and Said debt sliall thereupon become absolPte. If the ownershil) of file, mort- <br />gaged prop:rty beconi" vested in a person other than the Nlortgag o r, the Nfortgagee may. widiout notice to the INIortgagor, deal <br />with such successor or successors in inter"t with reference to this raortgage and the debt here�)y secured as with the Nlortgag�or, <br />and may forbear to sue or may extend tinie for the, payment of the debt liereby SOCUred Nvithout'di,;cliarging or in aiiv.way affecting <br />the liabilitv of the original Alortgagin- hereunder or Opon the debt secured. <br />In this instrument the singular includes the plural and the inasculine includes (lie feminine and the neuterand this in- <br />strunient shall 1w binding upon the undersigned, his heirs. persowil repre.-zentatives. stlecessors and assigns. <br />IN.NVITNESS WHERF"OF, we have heremito q( -t our hands and seal, the da,� and year first above wriftell. <br />In the presence Of..-, <br />'7 . . . ...... ....... <br />Steven D. Shepard <br />�2 2,, <br />R I i o n d a J. Shepa d. <br />sTATE OF NEBRASKA <br />H410 ............ ..... County <br />Oil this _2�(/ .. (I ay of 7� ........ if).,.75. I)ef,,r(- me, the undersigned, a Notary Ilublie. in and for said <br />('01111tv, personal ly eln, ...... ....Steve D. Shepard and Rhonda..J. SheDard, husband and irife'... <br />­ ... 4 .. .. .... ...... . .. ... .... . . . .... ...... . ........ ...... .... ........... .......... ... <br />personally known to me to be thL idLiltical persons whose nanies are affixed to the above and foregoing instrument, as niorlgago,rs, <br />and Pach acknowledged said instrument to he his or her voluntary ,let and deed. <br />Gr <br />Witness niv hand and notarial seal at ......................... .. .... ... .. ..... . ... ...... <br />the (late last above written. <br />Tlio;,,'m L. WiHits <br />I (52.N._j- L 'OTARIAL <br />,'IT 2 0 r- 11 I� 111�,ASI'A <br />T <br />Nly commission expire ............... <br />�)Ct �er <br />STATE OF ............... <br />ss. <br />Comity <br />. ... .. .......... .. ................ <br />.............................. X_ <br />Notary Public. <br />Entered on mimeri�-al index and filed for record in the Register of Deeds, WOffi e of said County the <br />a� a t � ........ I:w .... o'clock and ... ... ..Minutes .... m'. <br />�'��d' - of ..... . L'V . ..... 19.. <br />and recorded in Book.- .. ........... of TV'1ortgat,es at page... .......... -1 as Instrument No./`�/`�T <br />. ........... .......... <br />............ ................. ......... <br />Reg. of Deeds <br />By....... ................................................................ Deptity . <br />When recorded to be reuirned to the <br />FIRST FEDERAL SAVINGSAND LOAN ASSOCIATION OF LINCOLN <br />LINCOLN OFFICES: <br />Phone 475-05211435-2111 <br />E] 1235 "N" Street <br />135 No. Cotner Blvd. 70th and "A" St. 2541 No. 11th Street <br />OMAHA OFFICES: <br />Phone 558-4323 <br />E] 8706 Pacific -St. <br />E] 2101 So.42nd St. E] 3205 No. 90th St. E] 10920 West Dodge Rd. <br />REGIONAL OFFICES: <br />[] 2120 First Ave., Kearney [-] 513 "E" Street, Fairbury El 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 F� 1811 West 2nd St., Grand Island <br />Phone 826-4349 <br />Phone 762-2160 Phone 384-4433 <br />1974- rMST FEDEnAL SAVINGS AND LOAU <br />ASSOCtATJON OF LINCOLN. NEUnASKA <br />