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<br /> ; Third. To pay or cause to be paid to the Grand Island Trust Company of
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<br /> t : 4 s . Grand Island; ; Nebraska, its successors or assigns, the sum of $
<br /> 2 , 040 . 00 ,
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<br /> Al Tim Thousand Forty and no / 100 ***** DOLLARS, f `
<br /> er $ payable as follows: . , ,� `
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<br /> Three ( 3 ) semi- annual payments of $ 763 . 00 earth , due
<br /> _ g$' } on June 30 , 1976 , December 30 , 1976 , and June 30 , 1977 , is._ y
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<br /> f t(,'.+,; , - with interest thereon -peyek -seini-e ly;-aee�, ien art cffcct of the j
<br /> •`t rd( ¢ __ens-�,, ta,., first`-mortgage-bend of said mortgagors, bearing even date with these
<br /> • ;i. � f presents . After maturity said got draws interest at the rate of 1•ciric per cent perr .
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<br /> .C..l‘:+;•'_l • . annum . f j
<br /> ; If said taxes and assessments are not paid when due, or if the buildings on said ` I. {
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<br /> x • premises are not insured as above provided , or if any of said interest is not paid when 3
<br /> fr` f ' ' : due, then said whole debt shall become due immediately, at the option of the saidtf
<br /> •
<br /> } Trust Company, and shall thereafter draw interest at the rate of > per cent per annum .
<br /> 1• ,{ Whether said debt becomes due by lapse of time, or by reason of the failure of04
<br /> 1 &,, i � (irthe party of the first part to comply with any condition herein, the said Grand Island rz ; j
<br /> �' y . Trust Company of Grand: Island, . Nebraska , the successors and . assigns, shall have the
<br /> ( * i . 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 premiums and costs, paid j
<br /> ;7 >r. by it or them ; or said Trust Company, its successors or assigns, may foredose only as - _ ' i
<br /> t . r :; .9 to the sum past due, without injury to this mortgage, or the displacement or impair- 4 j
<br /> ment of the lien thereof. • 4 '
<br /> \ rt� And the said first party and the makers of said note, bond and coupons especially _
<br /> ( v4s • .4 agree and declare that the separate estate of each . and every one of them , includingtgy, -
<br /> / (7 ) . both that now owned and that hereafter acquired, is pledged and bound for the pay- j :4:-., -
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<br /> :6iet ment of the debt hereby secured . - - ?\ ..
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<br /> After the commencement of any suit in foreclosure the plaintiff therein shall be + j _
<br /> > { .* . � , entitled to the immediate possession of said premises and the appointment of a receiver . a J 'r
<br /> +. i▪ : 7 therefor, notwithstanding - they may be the homestead of the occupant and notwith- lts
<br /> t . , � standing the parties liable for the debt may be solvent, and the first party hereby consents j - -
<br /> \ >} to thea ointment of a Receiver upontheproduction of this indenture, without
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<br /> t sc.k i ' < other evidence. '
<br /> ;;;; , i The foregoing conditions and agreements, all and singular, being fully performed: s"• }'J }
<br /> 7;-.13:3:-. ' this conveyance shall be void, otherwise to be and remain in full force and effect . ;xT ( '
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<br /> ;' • ` } Signed this 31st day of December A . D . , 19 75 a
<br /> yi In presence of T
<br /> i r '', ` } arlan It. . Punto ar .
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<br /> ▪ �! Anne M . Puncochara. r
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