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<br /> �' ,�y : Third. To pay or cause to be paid to the Grand Island Trust Company of r ���' �
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<br /> � ,y�,a . r ' Grand Island, Nebraska, its successors or assigns, the sum o£ $ 3 , 063 . 00 �„�
<br /> � q� , � Three Thousand S3xty Three and no/100 - - - - - - - - - - ���
<br /> �� ' ' DOLLARS, �.�-
<br /> �1 �:, ;`. ' payable as follows: •
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<br /> � �� .. - Twu quarterly payments of $ 1 , 602 . 00 each , due on � K' �
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<br /> f '��,�a `- September 30 , 1977 , and December 30 , 1977 , �'Y .
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<br /> r ..' �ti; � w:th interest thereonN�pteable serai�a�rxna�}}•, according to the tenor and effect of the =f„:=�t
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<br /> �, ; one certain -ffr�-�o-r�gage--}�}- of said mortgagors, bearing even date with these `°,{�
<br /> � „ s ; presents. After r.iaturity said N-boire�draws interest at the rate of ��e',�neper cent per � �'� �
<br /> { �' � � ��s` 1
<br /> , ' �.�;• , annum . ��*F`�,
<br /> � � � If said taxes and assessments are not paid when due, or if the buildings on said � �,�,, �}
<br /> j i '� � pr�mises are not insured as above rovidzd or if an of said interest is not aid when � �" t
<br /> , ���'. `' due, then said whole debt shall become due immediately, at the optian of the said � � '�T- �f
<br /> � � �s� twelve ti x:: 1
<br /> .� � c Trust Company, and shall thereafter draw interest at the rate of ele�ea per cent per � y �: {
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<br /> ' ,` ��';�� . ' - VJhether said debt becomes due by laps� 01 time, or by reason of the failure of �"��
<br /> ��r �� t ~ ��� the party of the first part to comply with any condition herein, the said Grand Island �,:�
<br /> �° � Trust Company of Grand Island, Nebraska , the successors and assigns, shall have the �'
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<br /> } � .� � ' right to begin the foreclosure of this mortgage at once on the whole debt hereby se- �": '
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<br /> , �;�.� , ; cured, and to include therein all taxes, assessments, insurance prerr.iums and costs, paid t�.h� t
<br /> /' "�N.- by it or them ; or said Trust Company, its succe�sors or assigns, may foreclose only as s � �
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<br /> 'y � '� �, , to the sum ast due without in 'ur to this mort a e or the dis lacement or im air �`
<br /> ' r i� s. - P � J Y € g > P P ,:�-
<br /> i l� ' ��,;� ment of the lien thereof. ,,. �`�-�, �
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<br /> Y : And the said first party aAd the makers of said note, bond and coupons especially ° '��
<br /> 4 f �,� ' agree and declare that the separate estate of each and every one of them, indteding ��� �
<br /> s � �'�'l � bath that now owned and that hereafter acquired, is piedged and bound for the pa - °� `�` �
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<br /> � ''�'; ' , ment of the debt hereby secured . �,� i
<br /> � ` T After the commencement of any suit in foreclosure the plaintiff therein shall be ��� 1
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<br /> ' i . .. � t �4tt � . . . . . � a . . .
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<br /> I entitled to the immediate possession of said premises and the appointment of a receiver � �_ �
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<br /> � �� ` � , thcrefor, notwithstanding they may be the homestead of the occupant and notwith- � �• {�
<br /> ' ; ` standing the partiesliable for the debt may be solvent, and the first party hereby consents ,�t� �
<br /> ? �) �4. ' . . . . . .
<br /> i / rtr?= to the appointment of a Receiver upon the production of this indenture, without S�t _ : ��
<br /> ) ;� ;` echer evidence. e `,�'' (
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<br /> � ��`t'=.: The foregoing conditions and agreements, all and singular, being fully performed, „�'� � �
<br /> � �'',• .. ' this conveyance shall be void, otherwise to b� and remain in full force and effect. �;r'�,�, j
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<br /> g 29th y June , A. 19 77 ,* '�� �
<br /> ° J "'� . . Si ned this—_�—�---___._ -----da of
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