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<br /> ; 76- 001574
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<br /> � MORTGAGF
<br /> �toRTcncE�onNNo. L 22,043 MGIC
<br /> IQJOWALLMENBYTHL•SEPRESGNTS:That GdPy L. Kruger a�id Jill E. Kruger, each in his and her
<br /> own right and"as spouse of each other, 1 r�r'
<br /> � ,Y?,',
<br /> ', ' ____Mort�a�or_whether one or more�in consideratiop of the:um o[ ; � ,��
<br /> Twenty-two Thousand Nine Hundred and No/100-- m��
<br /> 229 shares of stock of' 'fY��;#
<br /> loaned tosaid mortgagor by The Equitable Building and Luan Aswciatlon of Crand Island,Nebraska,Afortgagee,upon ;,
<br /> said ASSOCIA7'[ON,Certifiptc No.L Z2�043 MGIA10 hereby grant,comey and mortgage wuo the mid ASSOClATION theSollowing , ;,Yi
<br /> deuribed te�l estate,situated in Hall County,Nebraska: t � "
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<br /> LOT SEVEN (7) IN BLOCK SEVENTY SIX (76) IN � � :
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<br /> ORIGINAL TOWN, NOW CITY, OF GRAND ISLAND, ' � ,f:
<br /> HALL COUNTY, NEBRASKA
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<br /> together with all the tenements,hercditaments and appurtenances thereuntu belon�ing,including nttached Ooor cuverings,all windaw scrcens, � r�j z `
<br /> win dow s ha de s,b li n d s,s t o r m w i n d o w s,a w n i n g s,h e a t i n g,a i r rn n d i t i o n i n g,and plumbin g and water e qui pmmt and accessorics thercto,pumps,stoves, t :
<br /> �. refrigewtoes,and other fixtures and equipment now or herea(ur attached to u�used in wnnection with said real estate. r�'4 ;
<br /> And wherea:the said mortgagor has agrced and does hereby agrce that the mort�agor shall and will pay alt taxes and assessmenu levied or �' rvT:
<br /> asuued upon said premius and upon this mortgage and the bond secured the�eby before the same shall become delinquent:ro turnish approvod �.,> ,;r
<br /> inmrana upon the buildings on said prcmims situated in the sum of S 22�90�.�� payahle to s�id ASSOCIATIUN and to dcliver to said , �:; `:
<br /> ASSOCIA'tION the policies(or said insurance;and not to commit or permit any waste on or about said premius; � n ,;
<br /> In cue of default in the per[ormance of any ot the mrms and conditions of this mortgage or the bond ucured hereby,the mortgagee shall, � �
<br /> on demand,bc mtided to immediate pussession of the mortgagcd pmmims and the mortgagar hereby auigns, transfers and ssts uver ro the Y :; _
<br /> mortgagee ell ihe rents,rcvenues and income to be derived from the martgaged premises during such time as the monE.age tndebtedness shall remain ;
<br /> xt unpaid:and the mongagee shall ha�e the puwer lo appoint any agent or agents it may desirc for the purpose ot repairing said pcemisn and mnting � r :
<br /> � the same and wllecting the rcnts,cevenues and income,and it may pay out of said income all expenses of rcpairmg said premius and necessary t ;
<br /> commissions and exper,xs incu�red in renting and mnnaging the same and oC collecting centals thercCrom;the balana rcmaining,J any,to be
<br /> � applied roward the diuharge oF said morlgage indehtedness;theu ri g hts o f t he morteagee may be exerci:ed at any time durin g the exi:tence oC such ��'
<br /> ,� detault,irrcspective of any temporary waiver of thc tame.
<br /> Theu Presents,however,are upon the Condition,That if the said\lortgagor shall repay said loan un or before the maturity uf said shares by
<br /> payment;pay monthly to said ASSOCIATIOY of ihe sum specified in the Bond secured heraby as interest and principal on said loan,on or belore .
<br /> the TK•entieth day of each and every momh,until said loan is fuliy paid:pay all taxes and assessments levied against said premiscs and on this Afortgage '
<br /> � and the Bond ucured thereby,beforc ddinquency;(urnish approved insurance upon the 6uitdings�hereon in the sum of S 22�9�D.00 payabk ,,,�
<br /> to said ASSOCIATION:repay ro said ASSOCIATION upon demand all money by it paid foc such taxes,assessments and insurance with interest at ;�
<br /> i;� the maximum legal rate thcreon(rom date ot paymcnt aU of which Afortgagur he�eby agrees to pay:permit nu waste on said premius:keep and comply
<br /> with atl the agreemrnts anJ canditions of the Bond for S 22�9��.�0 this day given by the said�turtgagor to said ASSOCIATION,and comply
<br /> with all the re quircmmts of the Constitution and ByLaws a(said ASSOCIATION:thrn theu present:shall becume null;md wid,othcrwise they
<br /> shaU remain in Cull fora and rtwy be foreclosed at the uption o(thc said ASSOCIATION after (ailurc for three monAu to ma ke any o f sai d
<br /> �� payments or be thcec months in arrears in making said monthly payments,or to kccp and compty w'ith thc agreemcnts and conditions of said llond;
<br /> and Atortgagor agrees to have a receiver appointed forthw•ith in such forcclosure pruceedings.
<br /> r If there is any change in ownership of the rca1 estate mortgagcd hemin,by sale m otherwise,then the entirc remaining indebtedness I�ercby
<br /> ! secured shall,at the option of The Equitable Building and Loan Association of Grand Islend.Nebraska,bemme immediately due and Qayable without
<br /> ; further notia,and the amaunt remaining duc under said band,and any other bond for any additional adrances made thereunder,shall,from the
<br /> ' ; date of exercise o(said option,6ear interut al Ihe maximum legal rate,and this mortgagc may thcn be forecloxd to satis(y tht amount due on said
<br /> i bond,and any other bund Cor additional advanas,togethcr with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> Nebraska[or insurana,taxes and asseuments,and abstracting extension charges,with interest thereon,from date of payment at the rtwximum
<br /> ;:�� � legal rate.
<br /> �j As provided in the Bond ucured hereby,while this murtgage remains in e((ect thc mortgagee may hercafter advance addiNonal sums lo the
<br /> ;,�: makers of said Bond,their auigns or suueuon m mterut,which sums shall be within the securily oC this mortgage the same as the funds originally
<br /> xcured thereby,lhe total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> - � Dated this 2 day of March �• ••� � �
<br /> '..i i . ruger - � j
<br /> L. Krug
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<br /> � S7'A7'E OF NEBRASKA l ' 2(th y March 19 ]( ,be[ore me, � '
<br /> ss. On this da oC
<br /> �I . COUNTY OE NnLL j
<br /> thc ynderagned,a Notary Public in and for said Counry,personally came t+^' ' �� r
<br /> G�aryL Kruger and.Uill E.'Kruger, each in his and her own wno are P«�nallyknownto 'k-? ,r'�
<br /> 'right and as spouse.of each other i � . �.
<br /> me to be the identinl,person S, .. whou name 5 affixed to the above in t as mortgagor 5 and they �����r t �
<br /> acknowledged the sald instrument to be- tI1811' voluntary act and deed. � � �'- '
<br /> ` W[TNFSS my hand and Notarial5eal the date aforesaid. ` ��:"'
<br /> � My Commission expire I�J � �
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<br /> �GENERA.L NOTA6Y•Stete ot N=er. ��i�l" "• �L �9 7 � Notary Publie
<br /> asM�.at.ies vr.o:sora .�
<br /> � o'�� �MY�mm.Eap.Nov.12,1i79 � ...
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