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<br /> + 4 ') Third. To ' pay or cause to be paid to the Grand Island Trust Company of
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<br /> ! t , • Grand ' Island, .Nebraska, its successors or assigns, the sum of $
<br /> r 1i Seven Thousand Nine Hundred Sixty Five and no / 100 DOLLARS,
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<br /> i ; tet <,. payable as follows �'' ;, '
<br /> ' � Two ( 2 ) semi- annual payments of $4 , 345 . 00 , due on .• `
<br /> i July 5 , 1976 , and January 5 , 1977 , 1,
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<br /> • z .� . with interest thereon -pe ab4e--semi-eer mired -aceusJug to the tend tn4-effcst of. th . r ;
<br /> ' t —one eel ta;.rfirst•-mortgage—be el of said mortgagors, bearing even date with these • 7714 i
<br /> f ,4 Av,•� presents. After maturity said bond draws interest at the rate of ni. per cent peri:,;#141::-.;
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<br /> If said taxes and assessments are not paid when due, or if the buildings on said � ,
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<br /> � premises are not insured as above provided , or if any of said interest is not paid when o •.•x1 : t
<br /> ,i, 3z ` ` due, then said whole debt . shall become due immediately, at the option of the said
<br /> Trust Company, and shall thereafter draw interest at the rate of-eine-per cent per annum .
<br /> Whether said debt becomes due by lapse of time, or by reason of the failure o -), • 4/
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<br /> the party of the first part te.-, comply with any condition herein , the said Grand Island
<br /> Trust Company of Grand :' sland Nebraska, . the. successors and assigns, shall have the '
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<br /> • " '4` % right to begin the foreclose ire of this mortgage at once on the whole debt hereby se- .- 4. ,
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<br /> l t , cured, and to include therei.•a all taxes, assessments, insurance premiums and costs, paid • , )
<br /> 4• .44--- `` byit or them ; or said . Trust Company, its successors or assigns, • ' `
<br /> , , gns, may foreclose only as "-
<br /> r ! to the sum past due, without injury to this mortgage, or the displacement or impair- ti r �`
<br /> 5' ment of the lien thereof. t' 1 )
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<br /> = tw And the . said first party and the makers of said note, bond and coupons especially =' 5. �
<br /> r agree and declare that the separate estate of each and every one of them , including 4 : (t
<br /> { both that now owned . and that hereafter acquired, is pledged and bound for the pay- :v; , ,
<br /> • "' merit of the debt hereby secured . . -
<br /> a k; After . the commencement of any suit in foreclosure the plaintiff therein shall be a • j t•:,:... . +
<br /> �th f entitled to the immediate possession of said premises and the appointment of a receiver 4;26
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<br /> .` ft, • �,. therefor; notwithstanding they -may be the homestead of the occupant and notwith- '. -
<br /> •q. - � : standing the parties liable . for. the. debt may be solvent, and the first party hereby consents 1
<br /> R - y to the appointment of a Receiver upon the production of this indenture, without ' ,F rl
<br /> ' ' ' other evidence. • j o
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<br /> kn The foregoing conditions and agreements, all and singular, being fully performed, '▪ ," ;
<br /> ,t . ' this conveyance shall be void, otherwise to be and remain in full force and effect. s
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<br /> t . ;'i Signed this 5th day of January A . D . , 1976
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<br /> t ". In presence of Roger x o'�,n`5?�-� .� 1'' ' l
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<br /> 1 7 1 Sheila Milson r t ,
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