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<br /> �' :� � Third. To pay or cause to be paid to the Grand Island Trust Company of , �a�' ' �
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<br /> ;� g� ' �; Grand Island, Nebraska, its successors or assigns, the sum of $ , .:;'4, j
<br /> ,
<br /> /' -��'r� , �. Five Thousand Fifteen and eo / 100 - - - - - - - - - - - - - DOLLARS, � �'� �� �
<br /> ` P� �.i* Zb�•
<br /> } ' payable as follows : �' ,
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<br /> j �, - Ten ( 10 ) semi-annual payments of $ 675 . 00 each , due on � ro•- �
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<br /> �� '�� March lst and September lst of each successive year , ' �:,'f+�. 1
<br /> � ' ; � ° � �.: 1
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<br /> ( °�n� '` commencing March 1 , 1978 , '� � .`: ;
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<br /> � � n� __, with interest thereon payable semi-annually, according to the tenor and effect of the ��`� =f
<br /> ` �s_ ` one certain �'irst_ua�u ote�� �f said mort�a�ors, bearing even date with these ;�� M ��
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<br /> ' ' `=` presents . After maturity said hea�edraws interest at the rate of el�e.v.ea per cent per ; ,� ti: �
<br /> , � � �
<br /> � ,, t' annum . ;' �/
<br /> '•'�T�' '�. If said taxes and assessments are not paid when due, or if the buildings on said `' '�� �
<br /> ' ti� � �- pr�mises are not insured as above provided , or if any of said mterest is not paid when ;
<br /> > 3='�� due, then said whole debt shall beco;.:e d ue immediately, at the option of the said = , �
<br /> � ��';� rY ' � Trust Company , and shall thereafter draw interest at the rate of elelve�sper cent per ', TY� ;
<br /> ' '�%'� , annum . � ' '
<br /> ' � . ; �,
<br /> ' �,z 4�e Whether said debt becomes due by laps� ot time, or by reason of the failure of �j{;��� �,�
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<br /> ; "' y} ,, � : the party of the first part to comply with any conditian hcrein, the said Grand Island ���* :� �
<br /> r r�`' Trust Company of Grand Island, Nebraska , the successors and assigns, shall have the +;-�'"''�
<br /> � �W���'� , right to begin the foreclosure of this mortgage at once on the whole debt hereby s� '�E - �
<br /> � �
<br /> � �"s��,�'`� cured, and to include therein all taxes, assessments, insurance premiums and costs, paid '�o�=
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<br /> r7 i�,�;,*,, by it or them ; or said Trust Company, its successors or assigns, may foreclosc; only as sR
<br /> > �;r ' to the sum past due, without i.nj�ry to this mortgage, or the displacement or impair `�`� �
<br /> ,, `�'� �is, � ment of the lien thereof. r���.�
<br /> , �� '• ;, _
<br /> ;. �=�, ; And the said first party and the make .s of said nate, bond and coupons espzcially s,`-ity.; i
<br /> 4 % ��;� , agree and declare that the separate estate of each and every one of them, induding � , �.=�. `��
<br /> " , #rs': ' ' both that now owned and that hcreafter acquired, is pledged and bound for the pay :�='`�- �
<br /> 1 '-'`�`_'` ment of the debt hereby secured . ~ �'E? ,.
<br /> ' � ,�:�:� . � �;. (
<br /> r { �,,5 y After the commencement of any suit in foreclosure the plai�tiff therein shall be ; =��.�
<br /> �' '-+` entitled to the immediate possession of said premises and the appointment of a receiver �;'�>r `
<br /> � :��� :� therefor, notwithstanding they may be the homestead of the occupant and notwith- : `�_ ' ^ r
<br /> � � '�q; �` ; standing the parties liable for the debt may be solvent, and the first party hereby consents �4ti`•' i
<br /> �' M . �r to the appointment of a Receiver upon the production of this indenture, without ?;t�,' ��
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<br /> ' � ' The foregoing conditions and agreements, all and singular, being fully performed, `y ;,:i -
<br /> j».�-';'� "' this conveyance shall be void, otherwise to b� and remain in full force and effect . ;'!e•: �
<br /> � �'� x x ��
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<br /> � �w �� Signed this---.— 13th day of----�p mh -� ,- __ A . D., 19�__ ':',�*;; �
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<br /> ti ,-� In presence of ' ��� 4�?� �
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