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010746
<br />'I'll(- iNl*ortgagve nlay collect li "late charge- not 10 CN(Ted FiVe Cents (.5;C) for. each dollar ($1.06) (if each total Illontilk-
<br />payllient Inore Ilmn 15 daY, Ili arrears to cov,�r the extrn VNI)OI)SP inVOIN't'd ill handling dolinquent arcotilits.
<br />All pjy;iients made under the provisions of this mortgage or the riot v%he rebY :4ccured. which may he construed as ill(eri'st.
<br />still]] riot. ill the aggregate over Ilie terni thereof, exceed tho -ratt, that maY 116W he lawfully contracted for in writing.
<br />It is fti.r1her agreed that in vase ;In * V st ' 'it is hugull Io for(close this mortgage, the %Iortgagev, its reprv.�vjitativvs o r as.-;igns.
<br />,hall at once be entitled to thc possession of said prenliSeS, lod LII)011 II)I)IjC;ItioIj therefor. tile Court ill WhiCh Such action shall
<br />he brouglit or aliv JUdge of such emirt. either ill* -term tinie or vaclition. is lierel)v authorized to appoint a receiver to take posSes'-
<br />sion of said prepiises. or to - Ileet Ili(, rents th ' erefrom. and to do in(] perform such other acts as ninY I)e required by div order
<br />of the court n:a.k-inr,, the lippoilitni(q1t; and ,;aid Nfortgagor heri-hy waives ill ' v notice of such .1pplicatioll. :old clm�onk t,'� ill(- :11),
<br />1)(1intillent of ,I receiver upon the production of this niortg;jge. N�,itllojlt other evidence.
<br />The Nlortgagee shall -he sUbr09;ItVd to all (if the riglits,.privileges. priorities, and equitil-s (if any lienholder whose livit maY
<br />heen discharged from Ihe proveeds of this loan, or ho., any funds lierebY paid or furnislied bY the Nlortgagve.
<br />IT IS.E'XPREISSLY AGREED that if the Nlortgagor' sliall sell, conveY or alienate said property, or lin.N. part fill, I reof.
<br />or any interest therein, or shall he divested of Ili., title or Ili , v interest therein in ally mariner or way, wh . ether voluntarily or
<br />involuntarily, i.vithout written coji.�ent of the Nfortgagee being first fill(] air(] obLained, Niortgageeliall have the right, at its option,
<br />to declare illy indebtedness or obligations secured hereby, irrespective of the niaturit * N, date s'pecified ill an , %, note evidvjicillg.� the
<br />,same, immediately due and payable Nvitliout notice, and said di,k shall thereupon become ahsolute. If tll(. ownership of the niort-
<br />gaged property becomes vested in :1 person other than t1w Nilortgagor, tile Alortgagee nilly, without notive to the Nfortgagor, denl
<br />with Such successor or succes,;ors in interest with reference to this mortgage Ili(] tli(, debt liereby secured ,I,; with fliv 1\1ortgagor'
<br />and may forbe;ir to sue or Ina , v extend thne for the payllielit of the debt lierebY-secured wit liou'! discharging or in 'ally way affecting,
<br />tile liabilitY of the origin;]] Nlortgagor hereunder or upon the delit secured.
<br />In this* instrument the singular inclu(jes tile plural ;111(1 tile niziscilline, includes tile fi-millint, and ill(. neiltvi, and this ill-
<br />strionent shall he hill(lilig, upon the undersigned. his heirs. persowil representatives, successor, nrld assigns.
<br />IN %\71-JEREOP, Ilereorito set our hands and seal, the day and year fir.,lt above writlen.
<br />In the preserive of:
<br />. ........ .. ......
<br />Larry.,Duane Hobbs
<br />Linda *Marlene Hobbs
<br />STATE OF NE13iASKA
<br />SS.
<br />Hall
<br />Oil U e�� e r f
<br />this of m. 75. before I- -the Illidersigned". ;I NotarY J)Iihlic, in r
<br />�oarry Duane Hobbs and Linda Marlene Hobbs
<br />County, persoiialll,, clinie ..... —husband., and, i
<br />1wi-sonally know,ii.to nie to be the identical peri;ons Nvlio.,(- nanie.� are affixed to tho lil)ove an(I f(ore�,,oin, instrument. li�; niortg;,,,�'�rs.
<br />'Ind ("Iell acknowled'od said instrument to he his or her voluntary act and dee�l.
<br />Witness niv hand and notarial seal
<br />Grand Island, Nebraska
<br />.... .......
<br />tile date last above written.
<br />Timm s L. Willits
<br />C7r-I`,:-RA'_ NOIARIAL
<br />Z STATIE OF NEBRASKA
<br />ITI�T
<br />C01"AlISION EXPIP-r,';
<br />N.1v commission e.\I)ires ... . ... October 18 1978-
<br />tS
<br />OtRIAL
<br />E:p
<br />_[Z"- IA
<br />"0" E xp ; r'
<br />3r 1 8, 1 7A
<br />STATE O.F... .............. t
<br />CoilintY . . . . . Z1, ... . .. ... ...
<br />Entere(I om mimerical in(lex afi(]; file(l for recor(I in the Register of Dee(ls' Office of Sai(l CoLinty the
<br />&av of 19. 'ZI 'It �7vcl,)ck' an(I . ..... n I-1 te's
<br />an(I rccor(le(l in Book.. of Mort"ll-es at pli(re
<br />as
<br />timent No.e� .... ...
<br />...........
<br />Reg. of Dee(Is
<br />By— � .. ........ .... ...... ...... .. ........
<br />When recorLied to I)e retUrned to the
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />LINCOLN OFFICES:
<br />Phone 475-05211435-2111
<br />E] 1235 "N" Street
<br />' E] 135 No. * Cotner Blvd. E] 70th and "A" St. 2541 No. 11th Street
<br />OrYIAHA OFFICES:
<br />Phone 558-4323
<br />K06 Pacific St.
<br />2101 So. 42nd St. 3205 No. 90th St. E-1 10920 West Dodge Rd.
<br />REGIONAL OFFICES:
<br />E] 2120 First Ave., Kearney E] *513 "E" Str eet, Fairbury El 1433 "M" Street, Ord
<br />'
<br />Phone 234-2473 Phone 729-2202 Phone 728-3218
<br />E) 1301 Main Ave., Crete
<br />223 Box Butte Ave., Alliance E] 1811 West 2nd St., Grand Island
<br />Phone 826-4349
<br />Phone 762-2160 Phone 384-4433
<br />1974 - ri—T 1`11DERAL rAV15 A?4D 1.0-4
<br />ASSOCIATIO?4 Of' L1?4COLf4. NCI-5KA
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