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<br /> j""'"` �' f �` � Third. To pay or cause ta be paid to the Grand Island Trust Campany of � = �; r��
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<br /> t� Grand Istand, . Nebraska, its successors or assigns, the sum. 4f $ � . 512 , 75 �,� ,
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<br /> W . ' � u��< FPur Thousaad . F3ve Huadr�d . Tw�1va and 7511OQ - - - - - - - Dp�,LARS, °
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<br /> � payable as 'foltows: .
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<br /> � i t � ?: Two (2) paymeata of $2 , 460 . 00 escks , due on September 30 , 137� , ' ,` ��
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<br /> ��} ' and December 30 , 1977 , '�r �`�
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<br /> �"�.a�! ` with interest thereon payable- , accordin to the tenor and f °" -� `
<br /> "�'�5'' g ef ect of the rz�.�1 �/
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<br /> > �� ,,� one certain -#�irs�-enr�r�eg;e--�- of said mortgagors, hearing even date wit$ these �
<br /> ` �� � resents. After maturit said bond draws interest at the rate of e e3ve � �' ' �::• ,�
<br /> � . P Y �eve�► per cent per :� � y
<br /> ° �'- annum. ` �:.�'� �
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<br /> „�'�' If said taxes and assessments are not paid when due, or if the buildings on said �
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<br /> � ��} 1 `� pr4mises are not insured as abave provided , or if any of said interest is not paid when � ,�y,�i �
<br /> ° �.�� due, then said whole debt shall become due immediately, at the option of the saie3 � ,;f,,t" <
<br /> � twelve �, ._ �?f . � ,
<br /> �� : Trust Company, and shall thereafter draw interest at the rate ot' e}even per cent per
<br /> "' � �-s �,�
<br /> ,�r �; annum, =y�4w v�
<br /> � >�; - Whether said debt becomes due by lapse �t time, or by reason of the failure �f � � ' `�
<br /> � � �`R� ' . � the party af the fi;st part to comply with any candition herein, the said ,Urand Island ��'�' �
<br /> ' '""° � ' Trust Com an of Grand Istaad, Ne6raska the successors and assi `�� '
<br /> jt ^•�,� , � P Y , gns, shall have the W� , �
<br /> +� right to begin the foredosure af this mortgage at once on the whole debt hereby se- '��a
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<br /> ;, '�#;� ; ' cured, and to include therein atl taxes, assessments; insurance prem�ums and casts; paid ��'` ' ) ' `
<br /> �' ,�'' � � by it or them; or said Trust Company, its successors or assigns, may foreclose , only as 5 • � '
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<br /> i "� a�i ' " to the sum past due, without injury to this mortgage, or the displacement or impair- �` ,„ � -
<br /> � �, '�; �` ment of the lien thereof. r ,,�'� ?'
<br /> � { .,�' And 'the said first: party and the makers of said n�te, bond and coupons especiall u `� �
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<br /> f � '�:� , agree and dectare that the separate estate of each and every one af thern, i.ncluding �� ; ,
<br /> ' ;, � , �. - both that now owned and that hereafter acyuired, is pledged and bound for the pay- ,``��` �;'
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<br /> � , •:�'�` . ment of the debt hereby secut-ed . �.t �
<br /> ' '" `� � A#ter the commencetnent of any suit in foreclasure the plaindff therein shall be ����.� ';,r
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<br /> entided to the immediate possessian of said premises and the appointcnent of a receiver �,
<br /> '� � therefor, notwithstanc3ing they may be the homestead oE the occupant and notwith- r ��` ,'
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<br /> � -� , ; standing the parties liable for the debt may be solvent, ar�d the first party hereby cpnsents �+�,�� �'
<br /> �� ,,�.�""^ to the appaintment of a Receiver upon the proc3uction of this indenture, without ` !c-�. ;
<br /> r> - , . ` ether evidence. �` �- " ;
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<br /> ` r ��{ " > The foregoing conditions and agreements, a21 and 5ingular, being fully performed, � ' /� `
<br /> � r�s this conveyance shall be void, otherwise to b� and remain in fu11 force and effect _ ry� �'V `l .
<br /> <K:. . - . £�: ��h:. 1 . � . . .
<br /> ; ' �, Signed this__ 4 th d3y Q{ ' A r � . D., 19 � 7 ,�+`�_ = ,� �
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<br /> ' ' In presence of .'�d'-"�-" � — �,'�. �
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