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MORTGAGE 86. 100883
<br />MORTGAGE LOAN NO. L 24, 460
<br />KNOW ALL MEN BY THESE PRESENTS: That Lawrence G. Crunrine and Lois A. Cruarine, husband and
<br />wife; and Douglas L. Crutrine and Cynthia H. Crutarine, husband and wife,
<br />MortMorr,whether, one or more, lo com identioo of the susta of
<br />Twelve. Thousand Seven Hundred Fifty and to /100 - -- - DOLLARS
<br />loaned to said modgigor by The Equitable BuMi g and Loan Anocation of Grand Island, Nebraska, Mortgagee, upon 128 shares of stock of
<br />said ASSOCIATION, Certificate No, L 24,460 do hereby grant, convey and mortgage unto the said ASSOCIATION the following .
<br />described real estate, situated in hall County, Nebraska:
<br />The Southerly Ore —Half, except the Northerly Six (6) feet thereof,
<br />of Lot Five (5), in Block Ten. (10), in Schimner.`s Addition to the
<br />City of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />winow sharks, blinds, storm windows, awnings, heating, air conditioning,and plumbing and water equipment slid accessories thereto, pumps, stoves,
<br />refrigerators, and other fixtures and equipment now or hereaf ter attached to or used in connection with said real estate.
<br />And whereas the said mortgagrsr has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br />assesed upon said premises and upon this mortgage and the bond 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 12, 750.00 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 o.` any of the terns and conditions of this mortgage or the bond secured hereby, the mortgagee shah,
<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 remains
<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 be
<br />applied toward the discharge of said mortgage indebtedness; these rights of I he mortgagee may be exercised at any time during the existence of such r°
<br />default, irrespective of any temporary waiver of the arse.
<br />These Presents, however, are upon, the Condition, That 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 cam 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 instuance upon the buildings thereon in the sum of S 12o750.00 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 ro waste on said premises; keep and comply
<br />with all the agreements and conditions of the Bond fors 12, 750.00 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and By1iw: of said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />Hall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to nuke 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 .Wrtgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any lunge in ownership of the real estate mortgaged herein, by We or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, at the option of The Equitable Building 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, shelf, from the
<br />date of exercise of said option, beat interest at the maximum, legal rate, and this mortgage may then be foreclosed to atisfy the amount due on said
<br />bond, and any other bond for additional advances, together with all suns paid by said The Equitable Building and Loco Association of Grand island,
<br />Nebraska for insuranee, 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 may hereafter advance additional same to the
<br />makers of said Boni, their aligns or successors in interest, which sums shall be within the security of this mortgage the same as the funds originally
<br />secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />this 1 Z,`tiCay C.f EL3T1tyI4R� A. D., J9 86
<br />—
<br />�` n irnia n. lSL2tI�.�_
<br />STATE ON NEBRASKA, r
<br />s. the this of c1 MKr/ t9 86 ,before one,
<br />COUNTY OF HAIL
<br />the undersigned, a Notary Public in and for said County, personally came
<br />Lawrenoe G. Crumrine and Lois A. Cruttrine, hiziband and wife, and Down Lar�=ru%UL a n
<br />Cynthia H. CrumrinJe, husband and wife, to
<br />me its he the Weroid permm 8 wlwee names are affixed to the above instrument as nnortgagor S and tht.y severally
<br />adknowlerlgsd the said instrument to be their voluntary act and deed
<br />atlRl'fK+iS m� A��.�r 1 I.he date aonesad.
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<br />My cV.P t +P '' is +.P.1� Notary PuMk
<br />»rear as I
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