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<br /> E • 0'1 d 14111+740/1,71 ti + Fa /j 1 Ifre r� �19�� 1(44'r/�k a ,RJ1 iriodl S lii (111 J Jgf,f/Ay ,1: 11 .1 0:4 tIiiit, '
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<br /> r ;pi s' ; ) Third . • To pay or: cause- to be ` paid to the Grand Island Trust Company of • ,eft ' :
<br /> t Grand Island; Nebraska, its successors or assigns, the sum of $ 6 , 585 . 26 2./2.• .,
<br /> f ' \4 1 M;;
<br /> Fi"4. k 1 sixThousandFive Hundred Eighty Five and 26 / 100 DOLLARS,. i .
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<br /> r payable as ; follows: ` r;
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<br /> 4 i • \ ; 1 F i
<br /> ; . f f4 Sixty (60 ) payments of $ 151 . 50 each , due on the 5th of , �
<br /> � t each month , commencing April 5 , 1976 , IN c
<br /> c4.19.
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<br /> 1Of 44.%4..vgi
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<br /> rill,
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<br /> r1 a� •• ; with interest thereon payable -semi-em�tml#y, according to the tenor and effect of the li,4 l
<br /> a ( . one certain •first--n»rrtgage-berxl-of said mortgagors, bearing even date with these * - 4
<br /> ag
<br /> `.1' W;'r ' presents. After maturity said LNo°itg draws interest at the rate of Trr per cent per t
<br /> 1. • 0 "' st
<br /> • annum. ra j ••
<br /> tJ If said taxes and assessments are notpaid when due, or if the buildings on said
<br /> { , gt S
<br /> a • ' ' : . premises are not insured as above provided , or if any of said interest is not paid when r rI
<br /> ilk idal due, then said whole debt shall become due immediately, at the option of the said ' '
<br /> l:• , r Trust Company, and shall thereafter draw interest at the rate of A ?er cent per annum . ; %
<br /> a , i Whether said debt becomes due by lapse of time, or by reason of the failure of a 191. ;. A
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<br /> } 4 t/ • the party of the first part to comply with any condition herein, the said Grand Island 1'$F
<br /> w : Trust Company of Grand Island, Nebraska , the successors and : assigns, shall have the . ,' .2`-r
<br /> ,4%.'./..••?
<br /> .•,-; -kw .;,. right to begin the foreclosure of this mortgage at once on the whole debt hereby se3•:;!.1 .•.,
<br /> t. ;
<br /> / cured, and to include therein all taxes, assessments, insurance premiums and costs, paid 1':,a
<br /> tr by it or them ; or said Trust Company, its successors or assigns, may, foreclose only as {,•, til
<br /> tt,� • •``
<br /> f f � ' . to the sum past due, without injury to this mortgage, or the displacement or impair- "r;.
<br /> �r ment of the lien thereof.
<br /> ( •
<br /> � ' ' And the said first party and the makers of said note, bond and coupons especially 4 r\ p .
<br /> 1 agree and declare that the separate estate of each and every one of them, including - < : '
<br /> ! $ _
<br /> f.' ; l,1, 4 both that now owned and that hereafter acquired, is pledged and bound for the pay , r'f. ' �
<br /> 14:::,;,..
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<br /> tt r • ment of the debt hereby secured . 1
<br /> il / •
<br /> ../1 After the commencement of any suit •in foreclosure the plaintiff therein shall be
<br /> ! / / -..•.
<br /> (, • , . . entitled to the immediate possession of said premises and the appointment of a receiver Joel,
<br /> therefor, notwithstanding they may be the homestead of the occupant and notwith• g
<br /> , 1� • s
<br /> 1 standing the parties liable for the debt may be solvent, and the first party hereby consents Vii' ,
<br /> � `• { +. • to the appointment of a Receiver upon the production of this indenture, withoutIh '; �T''
<br /> (0;.(4 i . 1/46. . a
<br /> c i ' other evidence.
<br /> The foregoing conditions and agreements, all and singular, being fully performed, ° ...1,-,:::::. j
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<br /> f } this conveyance shall be void, otherwise to be and remain in full force and effect. tte
<br /> '• ' ;��1 • Signed this 24th day of February (� A. D. , 19 76
<br /> + •• �€i �.• ' 1 In presence of +2G& . —i . [Sf d 'rj
<br /> 1 .� t < Kenneth L . Ott6 ,� t.
<br /> � ., t4 t:.
<br /> Donna M . Otto - K .
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