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<br /> zf ` Third. To pay or cause to be paid to the Grand Island Trust Company of ��"#'
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<br /> Grand Island Nebraska its successors or assi ns, the sum of $
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<br /> � r Five Thousand One Hundred Twenty Eight and no / 100 DOJJ .ARS, '
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<br /> • 1 ( rr payable as follows;
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<br /> ` Two ( 2 ) semi- annual payments of $ 2 , 800 . 00 each , due on tff�z-
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<br /> August 30 , 1976 , and February 30 , 1977 , s '.
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<br /> { ,y °. - with interest thergpor 1ayable semiannually, according to the tenor and effect of the is (.,
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<br /> t b t .. . one certain -first-mortgage-bend of said mortgagors, bearing even date with these /
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<br /> .."1 . presents. After maturity said i&1M draws interest at the rate of irisfiPrJtkr cent per *ri ` )
<br /> annum . .. ..,...*,e,-iia „(
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<br /> ' If said taxes and assessments are not paid when due, or if the buildings on said 1''
<br /> " �: ti premises are not insured as above provided, or if any of said interest is not paid when : .„4 )
<br /> t •. , due, then said whole debt shall become due immediately, at the option of the said y9�-: )
<br /> . t . Trust Company, and shall thereafter draw interest at the rate of SEr cent per annum . _ 1, s
<br /> te° 11 , , Whether said debt becomes due by lapse of time, or by reason of the failure of �'' �
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<br /> Lel the party of the first part to comply with any condition herein, the said Grand Island 'i •r'
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<br /> , .�-, . . Trust Company of Grand Island, Nebraska , the successors and assigns, shall have the . ,tr..
<br /> r• ight to ' begin the foreclosure of this mortgage at once on the whole debt hereby Sr �r' -.
<br /> • cured, and to include therein all taxes, assessments, insurance premiums and costs, paid ; ` t
<br /> ' & t . : byit or them ; or said Trust Company, its successors or assigns, mayforeclose onlyas r '�"{
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<br /> " { r to the sum past due, without injury to this mortgage, or the displacement or impairs r `` : )
<br /> L , $ ,. . ,
<br /> ' ment of the lien thereof.
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<br /> ° And the said first party and the makers of said note , bond and coupons especially zi• ` - ''
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<br /> j .,t . agree and declare that the separate estate of each and every one of them , including " .i
<br /> �:: _ both that now owned and that hereafter acquired, is pledged and bound for the pay ef, r_ P )
<br /> 0�T a' '' ' ment of the debt hereby secured. .. 4 'j
<br /> ' ' 4 t; After the commencement of any suit in foreclosure the plaintiff therein shall be .-A. ‘,
<br /> � , entitled to the immediate possession of said premises and the appointment of a receiver ,i e-, • I
<br /> t ' ; therefor, notwithstanding they may be the homestead of the occupant and notwith ,...,
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<br /> standing the parties liable for the debt may be solvent, and the first party hereby consents t . .
<br /> f? - . to the appointment of a Receiver upon the production of this indenture, without ' K
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<br /> :. s. other evidence .
<br /> The foregoing conditions and agreements, all and singular, being fully performed,
<br /> • ' this conveyance shall be void, otherwise to be and remain in full force and effect.
<br /> telt ..\
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<br /> Signed this 27th day of yFe/b` ruary A. D. , 19 76 . `)
<br /> . (, ' '" In presence of `-- //-1•1,e `14. ‘' . . ` `\
<br /> ,��cc+ f, • 5 � • :t/�ke Galvari /� / - x-
<br /> 11,C--:-- 1,. . t'Cif - Crispin Perales J q ,:�`
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