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<br /> SfORTCAGELOAT�NO. L22,5�f)
<br /> �own�L�t�NeYTHESEPRLSLN7S:Thzt Timothy E. Ziller and C,ynthia A. Ziller each in his and �
<br /> her own right'and as spouse of each othew
<br /> ' Mortgagor,whether one or more,in consideration of the sum of
<br /> � Twenty eight Thousand Eight Hundred and No/100------------------------------------�tL�xs
<br /> i loaned to said mortgagor by The Equitable Buildin and Luan Aswciauon of Crand Island,Nebras6.a,htongagee,upon 2$$ shares o(stock oC
<br /> said ASSOCIATION,Certificate.No.L Z2.��6 ,do hereby gran[,convey and mortgage umo the said ASSOCIATION the following
<br /> ;� described real estxte,situated in Hall County,Nebraska:
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<br /> LOT SEVEN (7) AND THE WESTERLY ONE HALF
<br /> (WZ) OF LOT EIGHT (8) IN BLOCK THIRTEEN (13) IN
<br /> CHARLES WASMER'S ADDITION TO THE CITY OF GRANU
<br /> ISLAND HALL COUNTY, NEBRASKA
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<br /> � mgetb.er with all the tenements,hrreditaments and appurtenances thereunto 6elongine,including atiached�oor corerings,xil H'indow screens,
<br /> windo�a•shades,blinds,storm H�indows,awnings,heating,air conditionine,and plumbing and waterequipment and xccessoriet thereto,pumps,stoves, � . .
<br /> reftigerato�s,and othec fix�utes and equipment now or hereaCter attached to ur used in cunnection widi said real estate.
<br /> , �� And whe!PP<!he said mor�gagor has agteed and does herzby agree that the mortgagor shall and will pay all taxes and asseumen[s levied or � �
<br /> assesud upon said premises and upon ihis mungage and the bond secured thereby before ihe same shall become delinquent;to fumish approved
<br /> insuran:e upon t!::h�!ildines on said premises situated in the sum o(5 Z$ $�� �� payable tv said ASSOCIATION and to deli�rt to said
<br /> ASSOCIA'fION the poficies Cor said insurance:and not io commit ur perrut a;��:va:ie oa��r about ssid premises:
<br /> K > !n�se o(detault m the performance of any of the terms and conditions of this mortgage w the bond secured hereby,Ihe mortgagee sha4,
<br /> '; on demand,be entitled to immediate po:session of the mortgaeed premises and the mongagor hereby assigns, transfers and sets over�o the
<br /> �-��_;; mortgagce aii t iiz rerts,:c•.•caua ar.d inc�me!o b?derive d Irom t he mor[eage d premises duri n g s u c h t i m e a s t h e m o r t Q a g e i n d e b t e d n e u s h a ll r e m a i n � . � . �� -
<br /> unpaid;and the mortv,agee st�all haee�he pou�er to appoim�ny agen[ur aernts it may desire ior ihc pur�w o:repaizir.g s2ed premims and renting
<br /> tlte same and collecting ihe rents,revenues�nd income,and it may pay out of said income all expenses of reps"uing said p�emists and necessry � � .- �
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals the¢Crom:the balance remaining,if ar.y,to be - � �
<br /> applied towe�d the tii.charge of said mongage indebtedness;these�ights of the mongagee�ruy be exerciud at anr time during tfie existence of such
<br /> default,irrespective o(any�empocary waiver of the sama ' � . � � �-
<br /> 'Theu Presents,ho�cever,are upon the Condition,That i(the said�forigagor shall rrpay said Ioan on or betom the maturitv of said shates by � � � � .
<br /> paymenr,pay monthly to said ASSOCIATIO\of die sum specified in the Bond secured hereby as interest and principzl on said loan,on or betore � . � � � � ��. '�
<br /> the Twentieth day of each and ecery month,until said luan is tully paid;pay all taxes and assessments le��ed acxinst said premises and on this�tortgage �
<br /> and the Bond secured tliere6y,beCore delinquency;(urnish approved insurana unon the buildings thereon in tho sum of S ZH�8��.QD paya6te � � � � ,
<br /> to said ASSOCIAT101;repay to s�id ASSOCI�TIO\upon demand all muney by it paid for such taxes,assessments anJ insurance with inttrest at . � � . . .
<br /> ;.% �� the rtc�ximum leFvi rate thereun fmm date of payment all of which 1lortgagor hereby agreet to pay;permit no wasteon said premixs;keep and cumply ; � � �. . .
<br /> w-ith all the agreements and conditions o(the Bond fer 5 ZH�8��.�� this day gi�en 6y the said!�fortgagur m said ASSOCIATION,and comply
<br /> with all the requirenxnts of the Cunstiwtion and IIy-Lawa ot said ASSOCIATION;thrn these preunts shall become null and roid,utherniu[hey � .
<br /> shall remain in full force and ma}'be foreclosed at the uption ot the said ASSOCIATION aftee failure for three mont}ts to make any of said .�� � �
<br /> payments or 6e three months in arrears in making said munthly pxyments,or tu keep and compl,v with tht agteements and conditiuns of said Bond: � - -.
<br /> - and�1ort�agor agrees to luve a receiver appuinted Curthwith in such fo�eclosure procredings. �
<br /> If there is any chsnge in ownecs}tip uC the real estate mor[gagcd herein,by sale or otherwise,then�he rntire retnaining indebudness here6y
<br /> secured shall,at tht option uf The Equitable Building and Loan Association of Grand Island.\ebraska.become immtdiately due and pa�mble wilhout � � .
<br /> (urther notice,and the amoun[remaining due under s�id bond,and a..v other bond for any additional ad�ances made thereunder,sliall,Gum the
<br /> date of exercue of said option,bear interest et the maximum legal rete,si�d this murtgage may then be Comcloud to satisfy the atnount due on said :
<br /> bond,and any other bond fur additional advantts,[ogether with xll sums paid by said Tha Lquitable fluilding and Loan Association oi Crand lsland, � �
<br /> {��-� \ebraska for insurance,taxes anJ assessments,and absuac�ing ex�ensiun charges,w•ith intettst thereon.from dnte of payment at the m3rimum �� �
<br /> Icg�lrale.
<br /> As provided in the Bond secured hereby,u•hile ttus murtrage remeins in efCect the mortgageo may heceafter adr nce additional sums�o the
<br /> " tnakers oC s�iJ Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same ns the funds originally � -
<br /> i
<br /> , secured thereby,the!otal amount of principxl debt not to excead at any timr the original xmount oC this mortgaga �
<br /> Dated this 1 s t ,�,y o� FEbruary A.U.,19 ��
<br /> ,�,��� �� '
<br /> —'f,i�nothy.�E, Y�1 er�.�. �r �_
<br /> C /hZ�"/i.o '/./� �i� �
<br /> Gynthia A. Ziller�
<br /> STA oOUN�N6B�RAS�ILLA.�s:. On this �St day of Fe6ruary 19 ]J ,betore me, �
<br /> � the undersi2ned,a Notary Public in and Cor said County,personally pme `�� �`�,�
<br /> ' Timot Ziller and Cynthia A. Ziller each in his and her own ri9�t and as sqou�e,o� �
<br /> ' � . - r � ° are P�tsuna y},n wn to � �'
<br /> . e�,���(� nS whose nameS dP2 affixed to the above insWmcnt as mortgagor S �nd they u�•���- �
<br /> cr.�ie�ea�u i�im''''Ins� -r�r.,t tc�: _ni,u.earv act and deed. �. �
<br />� � '�NOTARY��� ,y�ndandNotarialSealthedate:Ioresaid. � t„46 . .
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<br /> � •�-?� <<?�' � �otary Public
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