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<br /> i', 76- 000988
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<br /> f� Third: • To ` pay 'or. cause- to be paid to the Grand Island Trust Company of . ,1),•,„•: :
<br /> Grand Island, . Nebraska, its successors or assigns, the sum of $ 2 , 735 . 29
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<br /> '; ,C , 1 Two Thousand Seven Hundred Thirty Five and 29 / 100 - - - - DOLLARS, l
<br /> j :::.:,;-::;:it' ll! payable as ,follows: ti i t
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<br /> f l Forty- eight ( 48) payments of $ 76 . 45 each , due on the 5th of .
<br /> 1, i \ a each month , commencing April 5 , 1976 , " lr
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<br /> }t, , , • with interest thereon payable -semi-ennuelly; according to the tenor and effect of the f,4.4 2
<br /> 41. t' Note N. f
<br /> n f F • • one certain -fit t--ree gage-bend -of said mortgagors, bearing even date with these • $ "' 1
<br /> \ k. of . 15 . 25 f ( .
<br /> presents. After maturity said �,n� draws interest at the rate of •tuHa per cent per ;� �;�
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<br /> • . II r . : annum . 4 ,
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<br /> If said taxes and assessments are not paid when due, or if the buildings on said
<br /> + 1‘11/ : premises are not insured as above provided , or if any of said interest is not paid when ' . / 1a (' ��',;
<br /> r tQ t z�` • due, then said whole debt shall become due immediately, at the option of the said .1.
<br /> 15 . 25
<br /> 4. Trust Company, and shall thereafter draw interest at the rate of •mnetper cent per annum . ,
<br /> j , � _ i,., Whether said debt becomes due by lapse of time, or by reason of the failure of :0,40.‘'
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<br /> }•ii ; 1- the party of the first part to comply with any condition herein, the said Grand Island
<br /> •f..e 4. Trust Company of Grand Island, Nebraska , the successors and assigns, shall have the u. �;'
<br /> ` t a right to-begin the foreclosure of this mortgage at once on the whole debt hereby se• h.
<br /> C • •,to t cured, and to include therein all taxes, assessments, insurance premiums and costs, paid :
<br /> at byit or them ; or : said Trust Company, its successors or assigns, mayforeclose onlyas l lit.
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<br /> (kr to the sum past due, without injury to this mortgage, or the displacement or impair • tit }'µ�
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<br /> (j -f {� 4 ' mens of the lien thereof. ,q1)
<br /> A r1 ; And the said first party and the makers of said note, bond and coupons especially
<br /> : I r agree and declare that the separate estate of each and every one of them, including „?
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<br /> I. • - . both that now owned and that hereafter acquired, is pledged and bound for the pay • es :•;;;
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<br /> isy (64:1; . . ment of the debt hereby secured .
<br /> 7` ;\ " /L44. After the commencement of any suit in foreclosure the plaintiff therein shall be{' ' entitled to the immediate possession of said premises and the appointment of a receiver • ' ' 11:::
<br /> ! ( ft'% ; therefor, notwithstanding they may be the homestead of the occupant and notwith•
<br /> it t V..+740•0• • 1/2 ;
<br /> .r R standing the parties liable for the debt may be solvent, and the first party hereby consents • • a l
<br /> j +70'Rr • 1 to the appointment of a Receiver upon the production of this indenture, without c9.).
<br /> 1 1 - other evidence. .,
<br /> 1. L .j; 11/4\x &. '41 : The foregoing conditions and agreements, all and singular, being fully performed, � , )
<br /> (i a ' { . this conveyance shall be void, otherwise to be and remain in full force and effect. . fjy
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<br /> • ;� ` •` Signed this 26th day of February A. U., 19 7G
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<br /> ( 'f ; , In presence of cM Ado y Qr1/4\ t•-303 i
<br /> II: ll Lon R . Melg �
<br /> Y 1 4, r• , Rae A . Melgoza D ei `'
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