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<br /> � ��� : Third. To pay or cause to be paid to the Grand Island Trust Company of a;g :G �
<br /> F ��� ��� Grand Island� Nebraska, its successors ar assigns, the sum of $ 10 012 . 50 'o,�
<br /> � ;� s
<br /> � � 6 : T T� � Twelve and 50 / 100 - - - - - - - - - - - - - � DOLLARS, F�`�a"
<br /> � ��;' . s
<br /> j 'y } payable as follows r
<br /> i � ?�A , .. � . . . � �Z� ! . � .
<br /> � ' C _;., � One Hundred Twenty ( 120 ) monthly payments of ' $144 . 00 each , ,� .� �
<br /> '�i� � due on the SCh of each month , commencing October 5 , 1477 , ,. �r.=
<br /> � � ;,��•. .
<br /> t :- ;�� : (Extra payments may be made at any time , and interest will be �i,�•a� {}
<br /> ;�x charged only on the unpaid balance ; provided , , that when the ���•s
<br /> x'^ii
<br /> 4 �� amount prepaid in any one year exceeds 20% of the original �� �
<br /> � „ a . - �' ... . . . . . .
<br /> ( �;�'_'` principaZ amount of the 1oan , ninety days interest on the amount ' ��M1A- �
<br /> i 'y°� � prepaid may be charged . ) -
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<br /> � � . . / Ze^. r . . . . . . . . . . � . . . . . . . . . '
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<br /> � � .� $
<br /> � ` �A�,; ,� with interest thereon payable seYa�sxmaa�, according to the tenor and effect cf the �*:�z`
<br /> : }i . �'
<br /> j , ,� � one certain -£i�st-��o�- of said mortgagors, bearing even date with these � " �
<br /> � welve � ^ Y : �
<br /> �, { .;,,-�� , presents. After maturity said r draws interest at the rate of e�sues� per cent per � �' ,
<br /> fT� cS. �
<br /> - � � � � ,�t �,. annum . �'v' �
<br /> � y*F If said taxes and assessments are not paid when due, or if the buildings on said y. M1�`: 1
<br /> � C ti" ' $. ,..'� �. I.� ..
<br /> �' �, pr�mises are not insured as above provided , or if any of said interest is not paid when �� *. �±
<br /> � � . =z- �
<br /> .�g,,r'° due, then said whole debt shall become due immediately, at the aption of the said ,,_ �'���'
<br /> � --';'� , Trust Company, and shall thereafter draw interest at the rate of ��eper cent per �' ;; f
<br /> > . f
<br /> ' ���� a ; annum . <<'' ��� �
<br /> :a , Whether said debt becomes due by laps� qY time, or by reason of the failure of y��3 <'s
<br /> � q � q -��1 the party of the first part to comply with any condition herein , the said Grand Island ��,''�� �
<br /> > �= p , Trust Company of Grand Island, Nebraska , the successors and assigris, shall have the �, . .
<br /> r ��; ��
<br /> ?� � right to begin the foredosure of this mortgage at once on the whole debt hereby s`-
<br /> � °�� cured, and to include therein all taxes, assessments, insurance premiums and costs, paid ,�:„,�
<br /> ' � �, _ ' ; by it or xhem ; or said Trust Company, its successors or assigns, may foreclose only as "�
<br /> � � x' �� to the sum past dUe, without injury to this mortgage, or the displacement or impair- �;• �
<br /> ' + �z , '. �`�
<br /> f ; � �`�, ' ment of the lien thereof. g ,�
<br /> i � � ` . ` And the said first party and the makers of said note, bond and coupons especially "� `!�•
<br /> d j ` �;' M
<br /> ,r • agree and declare that the separate estate of each and every one of them, including �:
<br /> i �> both that now owned and that hereafter acquired, is pledged and bound for the pay- ;`.;�"� ` �� ,
<br /> � �� f . . . . . � . .
<br /> ; f '3'; , ment of the debt hereby secured . �� ,
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<br /> �-`�� , � After the commencement of any suit in foreclosure the plainti$ therein shall be � =" )
<br /> �a �.
<br /> ' 1 4,; entitled to the immediate possession of said premises and the appointment of a receiver �ry� . �,
<br /> � � ` :� : therefor, notwithstanding they may be the homestead of xhe occupant and notwith• ` a'S . i�
<br /> � �� ' � standing the parties liable for the debt may be solvent, and the first party hereby consents
<br /> �� �
<br /> , � � �" to the appointment of a Receiver upon the production of this indenture, without ''� .
<br /> 1 . -.:� ?�yP.� � � � .
<br /> j �� ' other evidence. : � ;;.a ;
<br /> � `;�_ :
<br /> t �w , , The foregoing conditions and agreemeats, all and singular, b�ing fUlly performed, r ` ,;�
<br /> ;� �:� ; this conveyance shall be void, otherwise to b� and remain in fUll force and effect. �:t ., �
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<br /> : t - ''�,,�'� Signed this�.__�4th__ day of_, a„ �t_ . D. , 19 77 �'• _ !�
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