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<br /> 76 000594
<br /> /�U, yss � g .^ y .6a�+ rh. `f�i �t " yY � ��` rs , tri<` t� il '� 3mi' ir' 4{ /dt� ' i#{� lutS�f4 ' �I4 `moi<< (
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<br /> ` , Third. To pay or cause - to be paid to the Grand Island Trust Company of ' ^"
<br /> ( Grand Island, Nebraska, its successors or assigns, the sum of $ 10 , 000 . 00 'c )
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<br /> £ Ten Thousand and no/ 100 DOLLARS„ r l "" )
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<br /> i payable as follows :
<br /> . Four ( 4) semi— annual payments of $ 2 , 500 . 00 each , due on : , F e
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<br /> August 5 , 1976 _ S
<br /> r ,,v February 5 , ' 1977 1
<br /> !Y August 5 , 1977
<br /> ( P. t February 5 , 1978r
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<br /> with interest thereon payable -eetni�ly; according to the tenor and effect of the s f
<br /> \; 4- one certain fir_t-mcrrtgage—bond—of said mortgagors, bearing even date with these 'le" '
<br /> Ot:y • presents. After maturity said lot draws interest at the rate of ` '(%r cent per :-,:
<br /> `'1 ,3` annum .
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<br /> JIf said taxes and assessments . are not paid when due, or, if the buildings on said IF •}
<br /> &sii premises are not insured as above provided, or if any of said interest is not paid when 1 e`
<br /> ' immediately,become then said r due, id whole debt shall due idly, at the option of the said t� . '}
<br /> :ftwelve sf •.
<br /> r ,u Trust Company, and shall. thereafter .draw interest at the rate of aiae•per cent per annum.
<br /> ` t . . . Whethersaid debt becomes due by lapse of time, or by reason of the failure of ` `:R.
<br /> r the party of the first part to comply with any condition herein , the said Grand Island 14:4_ I
<br /> • 4 'a ',. _ Trust Company of Grand Island, Nebraska, the successors . and .. assigns, .shall ;have the . ,.t`_.•-, -
<br /> r P,•. 0 right to begin the foreclosure. of this mortgage at once on the whole debt hereby se- 's{'•
<br /> ..:.-:,,,is„ z - cured, and to include therein all taxes, assessments, insurance premiums and costs, paid 4z.l {
<br /> \ ` ts-i\ by it or them ; or said Trust Company, its. successors or assigns, may foreclose only as ' 7�
<br /> i ,1•-?••jil-
<br /> t : CP er to the sum past due, without injury to this mortgage, or the displacement or impair-
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<br /> :, went of the lien .thereaf. r .' ,
<br /> And the said first party and the makers of said note, bond and coupons especially 74,-.
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<br /> agree and declare that the separate estate of each and every one of them , including ri ;
<br /> • . both that now owned and that hereafter acquired, is pledged and bound for the pay- • ,. `, ?
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<br /> merit of the debt hereby secured . 71}•-•<,
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<br /> After the commencement of any suit in foreclosure the plaintiff therein shall ber ; <
<br /> . . ..4the entitled to the immediate pocceccion of said premises and the appointment of a receiver •* !e: • •
<br /> s : .•12- ` therefor, notwithstandingtheymaybe the homestead of the occupant and notwith• . ,• .
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<br /> r; t - . standing the parties liable for the debt may be solvent, and the first party hereby consents ,.- S
<br /> eto the appointment of a Receiver upon the production of this indenture, without" ..
<br /> ether evidence . • • '
<br /> t * The foregoing conditions and agreements, all and singular, being fully performed, i . )
<br /> $1.441
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<br /> ( -t ` this conveyance shall be void, otherwise to be and remain in full force and effect. S.v , i
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<br /> ���,4 ' Signed this 4th day of Fe/bruary� A./I). , 1976 // - ' ,)
<br /> I $2,-‘71:7 • In presence of �I-ALC 4 . ..dr -"-�' ` ;Cr
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