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<br />86-- 101687
<br />MORTGAGE
<br />THIS IND)e MMM, mods this..___-- . -.... - ...4tth----. _da y of Ap^. l I 19 86--, by and between
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<br />__LLOYD, C'. ZIGL�. AND_ECAR�N,_L.�. ZICi�st�a HUSBAt,Ip,_ANQ_MlIFE_ __ --
<br />of-Ha I l County, Nebraska, as mortgagor _ S and biome Federal Savings and Loan Association of Grand island, a corporation
<br />orgpnfaed and existing under the laws of the United States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />WI7NESSETH: That said mortgagor _S_., for and in consideration of the .urn of NINE 1HOUSAND THREE HUNDRED
<br />L AI S aNn 41 /inn --- ��---------- - - - - -- — 1
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<br />r_M�Tf�HT
<br />receipt of which is hereby acknowledged, do �_�_. by these presents mortgage and;rr rt t sid tnfft is successors and assigns,
<br />forever, all the following described real estate, situated in the County of ._.,_.Hal � -
<br />and State of Nebraska, to•wd:
<br />ALL OF LOT TWO (2), JOHN AND MARIE'S SUBDIVISION, AN ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning, lighting, anJ plumbing equipment and fixtures, including scrims, awnings, storm windows and
<br />doors. and window shades or blinds. used on or to conaeetwn with said property, whether the same are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME. together with all and singular the tenements, hemedditmnents and appurtenances thereunto he
<br />longing, or in anywise appertaining, forever, and warrant the title to the same Said mrrgagor $. hereby covenant .. with said
<br />mortgagee that the y -. are . at the delivery hereof, the lawful owner S of the premises above conveyed and descrihed.
<br />;nd _. _are seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that _ _t hk!_ _. will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.=
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of NINE_ Tffluma .
<br />THREE. _HUNDRED- - EIGHT. DOLLARS--AND %/.10 -0. -- - - - - - - - - -.- Dollars 1$9_,3.0_91_ -._
<br />with intermit thereon, together with such charger and advances as may lore due and payable to said mortgagor under the terms and conditions
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<br />of the promimory rote of even date herewith and secured hereby. executed by said mortgagor . S _. to said mortgagee, pnyabk• as expressed
<br />in said rota, and to secure the performance of all the terms end conditions contained therein. The terms of said note are hereby incorporated
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<br />bseeia by this eelareote.
<br />It is tie intention acid agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor
<br />by said modgegee, and any and all indebtedness to addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether try note. book scownt of otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and thou heirs. personal representatives, successors and assigns, until all amounts secured hereunder. including futun-
<br />advancm, are paid in fufd with interest.
<br />The mortgagor S_-_ hereby assign _._. _. to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or ita agent, at its option, upon default, to take charge of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest. principal, insurance premiums, taxes, assessments, repairs or improvement:
<br />rweammy to lamp acid proparty in taoantable cainditaart. or ro other charges or payments provided for herein or in the rote hereby secured. This
<br />teat aasigamant shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no rnhnner
<br />prevent or retard said mortgagee in the collection of said sues by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />same. at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />If said mortgagor S shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of raid rate booby secured, including future advances, and any extensions or renewals thereof in accordance with the terms anti provisions
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<br />tbarsof, and if said mortgagor _$ ._. shall comply with ail the provisions of said note and of this mortgage, then these presents .shall be vuaf:
<br />adanwias W remain its fag fgoa and affect, and sail mortgages shall b e entitled to the possession of all of said proprrt.y. and may, at its option,
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<br />declare tie wbob of soul note and all iodsifadaaee represented thereby to be immediately due and payable, anal may foreclose this mortgage
<br />or Who say attar Isgal action to protect its right. Appraisement waived.
<br />This mortgage shall be bird ng upon and shall enure to the benefit of the heirs, executors. administrators, succe aers and ss- -sign. of i he
<br />mnpactive painwo Mm-to.
<br />1N WITNESS WHEKYOF. said Mortgagor 5 ha ve hwrrunto et their hand Sy. 'the day and year firsm at, v
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<br />written.
<br />carvl`st..LCeaYa�."`Rxez*:a �- .nee..�e.+
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