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<br /> =,T Third. To pay or cause to be pa�d to the Grand Island Trust Company of ! }
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<br /> ) - � ` Grand Island, Nebraska, its successors or a.ssigns, the sum of $4 , 4tit _ 5 � k' �' �
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<br /> � ;� $ + �our Thousand Four Hundred Sixry On and � / lOb - - - - - - DOLLARS, ' �� i '
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<br /> � '' payable as 'follows : .,': �
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<br /> � , � �.� Sixty ( 60 ) , monthly payments of $ 103 . 95 each , due on the �`� � �!
<br /> _ { .:��} ' ' 20th of each month , commencing Avgust 20 , 1977 , �� ,a ;
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<br /> ` � � �=''�. with interest thereon a able se.�i�a�u�ual '� ° -= '
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<br /> �s4 �',, one certain -#-i�s�-��e e--��� of said m�rtgagors, hearing even date with these �{Y
<br /> �- = No e f urteen , - �'�
<br /> ' �.�; presents. After maturity said -ber�� draws interest at the rate of e�'ea�eA per cent per . ' r� = `�
<br /> 1 - � ,:; +�+• �;
<br /> ` : , annum . ;,
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<br /> '_ ` If said taxes and assessments are not paid when due, or if the buildings on saicl � _ `<<` r�" ,'
<br /> 1 � _� premises are not insured as above provided, or if any of said interest is not paid when :, ry ;
<br /> due, then said whole debt shall become due immediately, at the option of the said '�� • ",,
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<br /> � Trust Company, and shall thereafter draw interest at the rate of e ur ePer cent per � �` " ` '
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<br /> �� annum ' � = y
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<br /> � \ � ���'s Whether said debt becomes due by lapse ot tzme, or by reason of the failure of 4 �; ,
<br /> � � " ;� the party of the first part to comply with any condition herein, the said Grand Island 4`�t�ti t
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<br /> Tti»� ; Trust Company of Gran�i Island, Nebraska , the successors and assigns, shall have the �t ,�,. . �
<br /> ' � 1, �`s a ; right to begin the foreclosure of this mortgage at once on the whole debt hereby s� �� +' '
<br /> ( "`�,�� ;� cured, and to inctude therein all taxes, assessments, insurance premiums and costs, paid �� �
<br /> ' � r by it or them ; or said Trust Company, its successors or assigns, may foreclase or.ly as + ` `�
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<br /> � , ,� � , to the sum past due, without injury to this mortgage, or the displacement or impair- `' �'� �
<br /> � `�; ,„, ment of the lien thereof. �*�` ' ;'
<br /> ; �`' '�,s.�'' '' And the said first party and the make :s of said note, bond and coupons especially � '� �'•
<br /> � � s�:�,z ; , agree and declare that the separate estate of each and every one of them , inc3uding ��, � t
<br /> , r,:�= • c ' both that now owned and that hereafter acquired, is pledged and bound for the pay- ���i`,�
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<br /> t �� � ment af the debt hereby secured . 's'-� ��: ;
<br /> �� �`'� After the commencement of any suit in foreclosure the plaintiff therein shall be . -,,� �. �
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<br /> > �.� entided to the immediate possc:ssion of said prernises and the appointment of a receiver * ,;e t
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<br /> � �:� � ; therefor, notwithstanding they may be the hornestead of the occupant and notwith- ¢ ` `' '
<br /> ''�` • � ' � standing the parties liable for the debt may be solvent, and the 5rst party hereby consents �� � ,
<br /> ��' .� ,1�F . � . . . . . I �t � . .
<br /> � � ''E, ��r . to the appointment of a Receiver upon the productlon of this indenture, without a�`� f
<br /> � ��z •; other evic3ence. ,` 4< ,
<br /> r'�, The foregoing conditions and agreements, aii and singular, b�ing fully performed, , .� �' f
<br /> l' �.�� : : this conveyance shall be void, otherwise to b� and remain in full force and effect . � ��:,,� � j
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<br /> � , . -�,� Signed this � ; rM _day of__—.1 � , � � A. D ., 1 �_ZZ___ , �`� � " ;
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