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<br /> �]4$64 TA'1 E JOURNAL COMPANY,LINCOLN,NEB � �� 1�'~ �!�
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<br /> l.That out of the ren�s,profits and income accruing from said building,the party of the
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<br /> !� first part shalldeposit with the party of the second part ,starting with July lst ,1926,each
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<br /> j; month a sum equal to one-twelfth (1/12) of the yearly int eres� whieh may aecrue on the inde�t d-
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<br /> ;; ness secured by said mortgage ,it being urzaerstood that party of the first part shall not be i!
<br /> required to dsposit under this provision any more than may be necessary to provide a fund !
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<br /> to meet the interest as it becomes due. � ��
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<br /> 2.That party of the first part shall also deposi� with party of the second part the addi- ;�
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<br /> tional sum of Sixty Dollars (�60.00) 3eptember lst ,1926,and a like amaunt each and every mont�
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<br /> �' thereafter during the term of the mortgage .loan to provide a fund to meet the pay�aent of taxe��
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<br /> .���� on the rea.l es��,�te. � 1
<br /> �.Party af the first part shall also deposit an additional sum of Fifty Dollars (�50.00) y
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<br /> starting with January lst ,1927 ,and a like amount on the first of each and every month there- ��
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<br /> � after until the five ( 5) principal payments of One Thousand Dollars (�1000.00) each as pro- �� •
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<br /> E vided by the terrns ef said mortgage loan have been paid. �i
<br /> ' �-.IT IS FURTHER AGREED that all rentals and income�' shall be collected by the party of ths �;
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<br /> � firs� part or his duly appointed agent and the depo�its hereinb�efore referred �o shall be mad��
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<br /> ' �.nd turned over to the party of the second part on' the dates Yiereinbefore speci�ied.That the �
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<br /> p said pa rty of the secondpart sh�.11 receipt for a11 payments so received and shall render an � i .
<br /> �; accounting to party of the first pa.r� for said funds whenever requested so to do by pa.rty !
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<br /> of the first part. ;
<br /> ` �j,IT IS FURTHER AGREED that out of the funds so deposited the party of the secand part ma �
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<br /> pay the interest on the Ioan,taxes,as they become due,and the principal payments as they j
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<br /> ` acerue ,and charge the fund with the amounts so paid out without further order from .party of
<br /> the first part. ;
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<br /> `' 6.IT I� F'URTHER AGREED that ' party of the second part shall allow and csedit to party of t �
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<br /> first part on the monthly b�,Iances of the deposit ,the s ame rate of interest as that allowed 3
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<br /> '` to other depositors. , '
<br /> j; IN VPITNESS WHEREOF,I� have hereunto set my hand and seal this ,the 17 day of May ,1926. i ,
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<br /> ;;' Witness: � i
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<br /> Lucile Jones Joseph Meyer �
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<br /> „ State of Nebraska
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<br /> ;; County of Douglas 4n this ,the 17th day of May ,1926,before me ,the undersigned,a duly �i
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<br /> �� qualified and appointed Natary Public for and residing in said County ,personally came Joseph :
<br /> �eyer ,to me known to be the identical person whose name is affix�d to the foregoing instrume � ,
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<br /> and he acknowledged the same to be hie voluntary act and deed. ��
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<br /> ' S�ITIVESS my hand and Notarial Seal the day and year last above written. �
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<br /> �� (SEAL) Lucile Sones � ,
<br /> Notary Pub7.ic. �,
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<br /> My commission expires Aug.5 ,1931 �
<br /> ',' Filed for record this 1� day of �ay 1926,at 2:30 o�clock P.�G. _ � �
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