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86- 102199
<br />MORTGAGE
<br />_— _---- ----.. _..------- --- --- -- ------------ -- -- - - -- MORTGAGE LOAN NO- -- L 24,989
<br />KNOW ALL MEN BYTHESFPRtSENTSrThst tgilliam P. Ziller and JulannK. Ziller, each in his and
<br />her awn right and as spouse of each other, Mortgagor, whether one or more, in consideration of the sum of
<br />--Thirty One.__ThQ11S t_Sie14_ii Gl_dilC�_I�l}QQ_' -- --- --- -----•--- DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Crand Island, Nebraska, Mortgagee, upon 312 shares of stock of
<br />said ASSOCIATION, Certificate No_ L 24,489 , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Nall County, Nebraska-
<br />Lot Three (3) , in Block Eight (8) , in Gilbert's Addition
<br />to the City of Gram Islam, Hall County, Nebraska.
<br />together with all the tenements, hereditamems and appurtenances thercumtu belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And whereas the said mortgagor has agreed and dens hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assessed upon said premises and upon this mortgage and the blind secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of S 31, 200.00 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance; and not to commit or permit any waste on or about said premises;
<br />In case of default in the performance of any :ff the terms and conditions of this mortgage or the fond secured hereby, the mortgagee shat,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br />mortgagee all the rents, revenues and 'income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to he
<br />applied toward the discharge of said rnongage indebtedness; these rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, 7•hai if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan, on or before
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of S 31, 200.00 payable
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay: permit no waste on said premises;keep and comply
<br />with all the agreements and conditions of the Bond for 5 311200. 00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By -Laws of said ASSO( :IATION; then these presents shall become null and void, otherwise they
<br />shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any of said
<br />payments or be three months in arrears in making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Budding and Loan Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Nebraska for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee rimy hereafter advance additional sums to the
<br />makers of said Bond, their assigns or successors in interest, which urns shall be within the security of this mortgage the saute as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any titre the origutal aniount of this mortgage.
<br />Dated this / 28th —da uF April A. 1) • Ill 86
<br />-wim �iller
<br />u a ---Tin
<br />STAIF OF NFBRASKA,
<br />>:. (lu ;lus 2+3111 day of l= vf�ril to 86 , before nee,
<br />COl1N•lY Or IIAIJ
<br />tie u rider s.gnrd, n %, tUrt Pubhc lit and too said County, perxmally game
<br />Willialtt P. Ziller cu)U J111itlal K. 'Ziller, eao-h ill la, and hur own rilj41t al" as C)l t !;
<br />citlter, tt soma v known fu
<br />m' to be Ibe "Ie•ntrcal Ix•.rvrri '.s wh1,1x name S Ltr rtl xn! :!u: above unuwnani ea nuurp,af.x ;3 and t -IL,y' ses•erally W :
<br />ackoarwlcdgeJ tiler :,aid in•t: "nnrn! rr, ir: vn(rmla v as.r ;oust ,. •.d
<br />t
<br />WI INI.SS u:+ i:an.! :ond Notwud Fral the r!:;V i?' c•:uri
<br />M1tyionervnarua : -xpncs �,�,,, _ ��.` ,
<br />is •e am ar - „Na r.�- —to y 1 Nnlan Pulrh:
<br />JOANNT G. NOUSH I
<br />Mot Cataa EW Nor. 2S, :M
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