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<br /> ��7• [�U'735�
<br /> MOR7GAf,E
<br /> ---- MORTGACELOAN N0. �22,929 MGIC
<br /> � KNOWALLMENBYTHESEPRESF.NTS: That Lester H. Critel . Jr. and Carol A. Critel� 2dCh t►1
<br /> his and her own right and as spouse of each other.
<br /> Mortgrgor,whether one or more,in wnsiderxtiun ut the cum of
<br /> Thirty Six Thousand Nine flundred and i�O/�OO------------------------------------- ��LLARS
<br /> loaned to said mortgagor by The Equitable Building and Luan Aswcia[ion of Grand Island,Nebrasl:a,Murt�ugee,upon $(9 sharcs of stock of
<br /> said ASSOCIATION, CertiGcate No. L 22,929 MGIC��hrreby grant, convey and mortgage untu the said ASS(JCIATION the following
<br /> deecribed real estate, situated in Hall County,Nebraska:
<br /> LOT THIRTY EIGHT (38) I�J ISLAND ACRES `IUMBER SEVE�V (7),
<br /> A SUBDIVISIOfJ OF PART OF FRACTIONAL SECTION SEVEN (7);
<br /> PART OF THE WEST HALF OF THE WEST HALF (W'ZW�4) OF SECTION
<br /> EIGHT (8) ; AND A P�1RT OF LOT TblE^!TY_FOUR (24) , ISLAND
<br /> ACRES, ALL Iv TOIJNSHIP ELEVEy (11) iJORTH, RANGE NINE (9),
<br /> WEST OF Tt�E 6TIi. P.M., IP� THE CITY OF GRAND ISLlLND, HALL
<br /> COUNTY, NEIiRASKA.
<br /> toge�her wlth ali the �enemenu,herrdhamen�s and appurtrnen�•es thrrrun�u brlongmg,Includfng attached tluur covrnngs, xll winduw ureens,
<br /> window sliades,biinds,storm winduws,awn�ngs,tirating,uu conJ�ti�ning,and plurnbmg and wnte�eywpmen�nnd eccessuries thrrew,pumps,stoves,
<br /> rcfrigerawrs,and other Fix[ures and eyuipment now ur he�eaitei anached to ur used m cunnrcuon with�aid rexl estatt.
<br /> And whereas thr said morigagor has agreed end dues hereby agree that thr mortgagoi shall and will pay all [axes and assessmems lev�ed or
<br /> asussed upun said prcmises and upun this murtgage and ihe bund�rcured thrreby brt�xe thr same shall becume delinyuent:to furnish�pproved
<br /> insurence upun thr buildmgs un se�d prrm�ses situa�ed in the sum uf 5 36�9��.�� payablr W seid ASSOC'IA'f10N and [u deliver tu s'a�d
<br /> ASS(X'IqTION the policies fbr said insurance;and no�to cummit ur permit any waste un or ebuu[sa�d premises:
<br /> In case of default in the perfmmance uf any uf the terms anJ conduions uf[his murtgage ur thr bund secuud hzreby,tht mortgager shall,
<br /> on damand,be rntitlyd to immediate posxssiun�if the rnurtgaged premisrs and thr nwngagur hereby essigns, transters and sets uver w [he
<br /> murtgagen all the rents,revrnues and income to br deriveS from the murtgagrd p�zmiaes during such ume as the murtgage indebtedness shall remxin
<br /> unpeid:and the mortgagee shall have the puwer io appoint any ngene ur agerts it may drsire fur �he purpose uf repainng said prem�ses and renhng
<br /> the same and cullrcting the rents,revenurs and mcume,and it may pay�wt �,f said incumr all rxprnses u}rcpairmg seid prcmises and ne�xssary
<br /> commissi�ins and expensrs incw�rrd in renting end mnneging thr samr nn1 <�f collrcting remels therefrum: �he bal•ence remaming,d rny, to be
<br /> apPlird tuward the dixherge uf said murigxgr indrbtedness;thrse�ights ul thr mor[gagee may be exercised at any[ime during the exiseene;e uf such
<br /> default,irrrspecUvr of xny tempc.�rery waiver of the same.
<br /> These Presents,huwevrr,nre upvn the Cund�non,Tha[d�he said Murtgagor shail i rpe} said loar�un ur beturr the maturity uf wld shures by
<br /> payment;pay monthly to sa�d pSS(X'IqT'ION .�I the sum specified in the Bund securrd hereby us mterest and pnnupal�n said luan,un or befure
<br /> the Twemieth day uf each and every month,unGl snld luan is fully pa�d;pay all taxes and assessmrnu levied against said premises and un this Murtgage
<br /> and tht Bond secured thereby,befurc dtlinyuency:turnuh appruved msurance upun thr buildings therron In the sum uf b 3O�9�0.00 payeblr
<br /> lo said ASSOCIATION:repay to seid ASSIX'IqTION upun drmand all money by� It peid li�r such tazes,assessmeuu and Insurance with�nierrst at
<br /> the maximum lagal rate thercun f«im date o(pnymem all of'wh�eh Murtgagur herrby agree�tu pay�,permit nu wasie on seld premius:keep and cumply
<br /> with all the agrerments end cunditions uf the Bund ti��s 36 900.00 �h�s day grvrn by thr said M��rtgagor tu suil qSS(X'IpT'ION,and comply
<br /> with ell the reyuirrments of the ConsUtution end By-Laws uf said ASSIX'IATlON; then theu presents shall bzcume null and vu�d,utherwiu they
<br /> shall rrmain h� (ull f�rce rnd may be fuieclused at the op�iun ol the said ASSOCIATION efter iailure for ehrer munths w make eny of said
<br /> payments ur tx threr munths in arrcars m mak�ng said munthly paymrnts,ur [u krep and.:omply wtth�he agreemrm>and��und�uons uf said Hund;
<br /> and Mor�gagur ngrces w have a receivrc app�lnred furthwith m such f.>reci�aure prucerdings.
<br /> 11'there is any change iu uwnership ut the real estatr murtgxged herein, by sylr ur utherwise, then the entire remYining indebtedness hereby
<br /> secured sha(1,at the op[iun uf The Eywtable Build�ng end Luan Aswciatiun uf�Grand Islrnd,Nebraska,become immed�rtely due and payabk withuut
<br /> (urther nutice,and the amoun� rrmaining duc undrr said 6und,and any uther bund tbr anq additi�nal edvan.;ea.nude thrrrunJer,shall,Irum the
<br /> datr u(rxercisr uf said opuon,brar mtrresi at the rnax�mum legxl rate,und ihis murtgage may then be forecJused to saGsty the amuunt due on said
<br /> bond,and any other bond for additionaJ advances,together with all sums pxid by sald Thr Byu�table Buildmg ynd Luan Assucixtiun ufGrYnd lsland,
<br /> Nebraska(or insuranee,taxes and xssrssments,and abstracting rxtensiun charges, with incerrst thereon, li�um date ul paymen� at the mazimum
<br /> leeal rate.
<br /> As pruvided in the Aond secured hereby,whilr this murtg�e remains �n effec[ thr murtgagee rnay hrmatter advance xdditlonal sums to thr
<br /> makers uf said Bond,tbeu assigns ur successors�n interest,w}uch sumi shall br whhin thr security ui chi�mortgxge chr umr as the funds or�nally
<br /> secured thereby,the toirl amount uf princ�pal debt not w ez�red at any Gmr the u�yynal amuum uf ttus murtg�e.
<br /> pe«d tn�s 9th �y„f December A �� �y 77
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<br /> {c�ster N. Critel. Jr. ' Carol A. Critel �
<br /> STATE OF NEBRASKA,� ss. p=,,�;� 9th d„y�r December �y 77
<br /> COUNTY OF HALL ,before me,
<br /> the undersigned.x Notyry Public in and!w sNd County.peraunylly a�me �, �� �-�,
<br /> Lester H. Critel, Jr.. and Carol A. Critel. each in his and her owWh�ight and as �ppuse pf �
<br /> per�on�yYnown fo
<br /> each otk�er, are �,�
<br /> x�e to be the identical penon S whor name S hc"e affized to the alwve inrtrar�ept as mortg��r 5 +u�d they sever�lly �'
<br /> adcrawbdoscl tlu wid i�estruma�t to be the i r v�unurv act and deed /� _��
<br /> i r < i ._
<br /> M77NPSS my hutd and Notarial SaJ tlu date afuresa�d. � �
<br /> My Conanif�on expires � , '�i.
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