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 />
|