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<br /> Third. To pay or cause to be paid to the Grand .Island Trust Company off ';• � •
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<br /> { 2.' // ( Grand Island, Nebraska, . its successors or assigns, the sum of $ 6 t938 . 37
<br /> r „ 1 • f/6x ,. • Four : Thousand Nine Hundred Thirty Eight and 37 / 100 - - - _DOLLARS, . i
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<br /> payable as follows: i ' t{r r
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<br /> ( 'r1= Fort- two ( 4i2 ) payments of $ 150 . 75 each ,' due on the 20th of , c ,
<br /> ' {` '; • each , month , commencing March 20 , 1976 , }1,
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<br /> 4; : . with interest . thereon le-semitnuat acentd;;, ffee fth_ ,, `
<br /> ` p I}^ g-to-the terterand-crmz-arts , r
<br /> (' r - eae-certain first=-niertgage-bend of said mortgagors, bearing . even date with these tC' * ^'` •
<br /> I �> a presents . After maturity said -g9t�tf : draws interest at the rate of -it to percent per ',, : •
<br /> it (S ' annum . bt
<br /> If said .taxes and assessments are not paid when due, or if the buildings on said `
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<br /> s ; premises are not insured as' above provided, or if any of said interest is not paid when ,, ,u;•
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<br /> f due, then said whole debt . shall become due immediately, at the option of the said
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<br /> ' ` s •• Trust Company, and shall. thereafter draw interest at the rate. of •a
<br /> per cent per annum .
<br /> = tt Whether said debt becomes due by lapse of time, or by reason of the failure of • , t
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<br /> z "I'•?� the party of the first part to comply with any condition herein, the said Grand Island � i
<br /> t{ , Trust Company of Grand Island, Nebraska, . the successors and assigns, shall have the ,
<br /> j ?;{ r right to begin the foreclosure of this mortgage at once on the whole debt hereby se-
<br /> '� ' • cured, and to include therein all taxes, assessments, insurance premiums and costs, paid a Tripg.
<br /> r,z r. ; by it or them ; or said Trust Company, its successors or assigns,_ma . foreclose only as a
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<br /> t .: to the sum past due, without injury to this mortgage, or the displacement or impair- n
<br /> ment of the lien thereof. rt
<br /> ` j f) • And the said first party and the makers of said note, bond and coupons . especially t,�' tt
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<br /> �� ; agree and declare that the separate estate of each and every one of them, including s i •
<br /> T . both . that . now owned and that hereafter acquired, is pledged and bound for the pay- • f '` `"'t
<br /> $..-i;'' ' ment of the debt hereby secured. 7� •
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<br /> ( ' After the commencement of any suit in foreclosure theplaintiff therein shall be
<br /> entitled to the immediate possession of said premises and the appointment 'of a receiver .0.1, pi .
<br /> It therefor, notwithstanding they may be the homestead of the occupant and notwith- it.. r
<br /> 11,7 standing the .parties. liable for. the debt maybe solvent, and the . first party . hereby consents ` �{A
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<br /> to the appointment of a Receiver upon the production of this indenture, withouty ,
<br /> " f > ether evidence.ei
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<br /> 7 ( 0The foregoing conditions and agreements, all and singular, being fully . performed, d l k
<br /> `{ `e' • this conveyance shall . be . void, otherwise to be and remain in full force and effect. s
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<br /> ' tf` Signed this 23rd day of January A. D. , 19 75 ,cii ) ,
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<br /> ' In presence of i i-fsir ,4 . ��j et ��r� �
<br /> : 1/Incent J. Buha"i" R1
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<br /> Irene < E . Bruhn
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<br /> Jill
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