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<br /> i '�fORTGAGG LOAti N0. L 2Z,047
<br /> ` KNOWALLr1GNDYTHESHPRl35CNTS:That Warren 4. Ziegenbein and Doris M. Ziegenbein, each lil �
<br /> 'r' his and her own right and as spouse of each other, +
<br /> � � �fonga�or,whcther onc or mum,in cansidcntion of thc ium of
<br /> Thirtv-two Thousand and No/IOQ--------------------------------------------------- tx���nt�s
<br /> L loaned ro said mortgagot by Thc liyuilablc Duilding and Luan Associadun uf Crand IslanJ,Nebroska,6lurtgagce,upun 320 sliarr�uC stuck of
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<br /> ,:{ said ASSOCIATION,Ccrtificalc No.L 22��QJ ,dn herc6y grant,comry and murtgage unta thc s�u� "SSOCIATION thc(ollowing
<br /> dcuribed real uta�c,siluated in Ilall Counly,Nebrasl:a:
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<br /> LOT THIRTY-TWO (32), CAPITAL
<br /> > HEIGHTS SEVENTH SUBDIVISION,
<br /> �" NALL COUNTY, NEBRASKA.
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<br /> �ogqhcr wi�h ail thc tmcmcnts,hcrcJitamcnts and appurtcnanas thcrcuntu txlnnging,including nuached tloor�w�crings,all window scrcen�,
<br /> � winduw shadcs,biinds,sronn winduw•s,aµ�nings,heating,air wnditioning,anJ plumbing and watcr eyuipmenl and aa�e:w�ics thcrc�o,pmnps,sto�ra.
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<br /> rcGigcrators,and othcr fixturcs and cyuipmcnt now on c�reaftcr attachcd to or used in cunnectiun wi�h said rcui estotr.
<br /> And aherc�s thc s�id mortgagor has agrced and docs hcrcb��agrcc Iha�1he mo�teagor shall and will pay all taxes anJ u:seuments IcvieJ or
<br /> sasseucd upnn said prcmius and upon this nwrt�ge anJ thc bond sccurcd thcrcbv hcloro tlic same shall becume dclinyuent:tu fumish gppro�cd
<br /> insu�ance upon dic 6uildinQs un said prcmiscs situated in thc:um uf 53Z�000:0� pa>•ahlc tu said ASSOCIATIOtQ and to dciirer tu said
<br /> � ASS(KIATION�he pulicies for said insuranre:and nw to commit or permit nny waslc un or abuut vid prcmiser.
<br /> ( In cnse of default in dic�x�furmance of any of tlu terms and condi�ions of this muctp�ge or the bond t:curcd hc�e6�•,the mortgagre shall,
<br /> un dcmand,be cntitic.l to immediate posscuion of Uu mong�gcd pcemixs und ihc mortgagm hereb�• assiFns, transfen and mts u�cr to ihe
<br /> mortgagee atl thc renu,rc�Mnucs anJ income Io bc dcti��cd frmn the mu�tgaged prcmiscs during such timo as thc nwrtgage Indcbtedncu shall tcmain
<br /> unpaid:and the mortgagec sliall ha�c thc pnH•rr�o ap�xiim any agcnt ur agen�s it may dcsirc fur Um purpose of rnpairing siid prcmiscs anJ renting
<br /> � , thc same ond collcc�ing thc rents,revcnucs and inrnme,and it oiay pay out uf�aid income all cxpcnses uf rcpeiring said premises and necessary
<br /> ; commiaiuns and espenus incu�rcd in�enting and managing the syme and uf coiiecling rentals thercGom;the balance temaining,if any,to I�e
<br /> applied�owatd the discharge of said morteage inde6ledneu;lhese�ights of the mortgagee m�y be escrcised al any timr Judng Ihe ezistence of such � � � �
<br /> `� dc(ault,irmspective olany temFxna�y H•aiver uf thc sanx. =�
<br /> :� Tl�esc Prcunts,howc�Mr,arc upun the Cundition,Thal if the said 1loqgagur sliall icpay uiJ loan on ur befurc thc maturity of said shares by
<br /> payntcnt:pap mon�hly li�said ASSOCLITION uf thc sum s�xmilicd in thc Uond xcmcd hercl�y a�intcrut and principal mt said loan,on m bcfom
<br /> �.`} Ihc T��'cnlicth day of cach and c�x�y month,uniil said luan is(ully paid;pay aii tascs and ossesstncnls Icvied aFainst said prctniscs and un this�InrtEagc
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<br /> � and Ihe Bond securcd d�ereby,6eforc delinyurnc�;(urnish approved inswance upon�lu builJings Qie�eun in the sum ol'S 3Z,���.�� �1�1'7IlIC y:�
<br /> to said ASSOCIATION;repay to zvid ASS(KIe1'fION u{+un demaud all monc�•bp it paid for such tuses,assessments and insutance with inleresl al � t
<br /> ' i the masimum Iegal rate thercun Gum date of paymrnt all uf�ehich UortgaRor Iw�cbq aprces lo pay:permit no wasle nn said premises:Acep anJ curr;��ly �j
<br /> a�ith all thc agrccmcnts and�-�mdi�ions uf ihc Bond fur S 3Z O[�O QQ �his d::y gi�tn bp thc said\inrtgagar to said ASS(H;LITION,and comply .
<br /> N•i�h all d�e�cquircmcnls u(thc Conslitution and By�Laws ufiai3 ASJ(k'IATION:t:�en thesc prescnts shall beconre null�nJ�vid,othciwiac thcy � . �
<br /> shail tcmain in full futcc and may bc(urccluxd at thc optiun uf dic said ASSUl:t�l�lON aftc� (ailu�c fiir thrcc UIUf11I15 W I110AC eny of said � � �
<br /> paymcnts ur be tlircc months in nucars in making said mun�hly payments,or to kcrp and cumplg�cith the agrccmcnts anJ condiiiuns of said 11ond;
<br /> and f�loti¢agur ag�ees lu ha:z a iccei��c�appointed furthwith in such(ureclusure proccedfngs, � � �. �
<br /> • If thcrc iT any rhange in o�encrship of thc rcal cslatc mo�tFagcd lurcin,by wlc or uthcrwiu,thcn the cntirc rcmaining indcbtcdncss hr�cby
<br /> sccwcd shaU,at the option u(Thc I:quitablc Iluiiding and Luan Assucialiun uf Grand IslanJ,Nc6��ska,bernmo imtncdiatcly duc vid payol�lc wilhout
<br /> fwthcr nutirc,und thc amount remaining duc under said 6und,and any olhcr bond fur any additiunal ad�anccs maJc themmider,shall,from lhc
<br /> datc ol cscrcisc of said option,bear imcres�at the maxitnum IeFal ratc,and tl�is mortgage may thcn bc furcclosed to saUsfy�hc amowu Jnc on said
<br /> bond,anJ am�mhcr bund fiir additional aJ�ancez,togcthcr u•iUi a11 sums paid by zaid 1'he Equilublc BuildinF and Lu�n Asaucia�iun of GianJ Island.
<br /> Ncbraska for insu�ancc,lase:and asscumcnts,and abstracling extensiun charges,wi�h intcrest thercun, from d��e of payment a1 Ihc macimtnn
<br /> Icgal rata
<br /> As pra dnd in Ihc Oond xcurcd hereby,whilc this nmrlgagc icmains in e(fcct lhe mor�g�ac may hc�eafter advance addilional sums lo the
<br /> I makc�s o(�UunJ,thcir auigns or successurs in imcrest.�ehidi sum:shall bc wiN�in thc sccwity of tlds nwrtgagc thc samc as thc I'unds u�iginally
<br /> ' securcJ � eby,lhc tulal amounl of principal debt nol to esacd at any limc thc original atnount of Ihis tnortgagc.
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<br /> ateJ this 3�(} Jay of h1d1'Ch `\'.-il)I!�76 Y
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<br /> arren 4. Ziege� in% � Doris ht. Ziegenbein ,j
<br /> � STATE Oi�i:GBRASI'v1,� q
<br /> i ss. On qds 30Lh day uf March 17 �G �befu�c mc,
<br /> COttN7'1'Of IIALL ,� ,
<br /> rthc unJe�signcd,a Nutarp 1'ublic in nnd fur said Cuunty,personolly r�mc M ""`�{.'i '
<br /> i War iegenbei� and Doris M. Ziegenbein, each in his and her a �y
<br /> ' pt+ib� fld a5 SPOUS@ of each other who are pc�sonallykno�vnlo � '
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<br /> �,. i�'u,bttilhci'y1M�ijc�p n S whosc nnm6 affixed to the nba�r inetrwnenl as tnurtgagur 5 m�d they xecrally �, R�'� '
<br /> i ' acknawlcdged tli�¢�kt Ins umcnt to bc thei r vo�umaiy ncl and JceJ. �"` �:
<br /> j �{? �j�`'��� �117'�N(,S my Lan pand Nota�iol Scal thc�c aforesaid. � � ` � + �
<br /> � R p1YxJw iuion ex ircs
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<br /> �; `r � �-`'A` � �, — 1 Nutary I'uhlic
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