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<br /> r �, � Third, Ta ' a or cause to` be aid to the Grand Island Trust Company of �, �
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<br /> ir; � � � Grand . Island, Nebraska, its successors 'or assigns, the sum of $ S o04 . i7 �, 1 R .
<br /> � �;� Nive ��Thousand � Four and 11 / 100 - - - - - - - - - - DOLLARS, "� f `
<br /> � payable;�as follovra , . r � � _ � �� ��
<br />�' � ` , , , , , , , , . �� ' ;
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<br /> �,, ' Sixty ( 60 ) paymenta of $ 111 . 30 each , 'due on the lOth of • , � ;
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<br /> � ,�' ' • eaah month , commencing May 10 , 1976 , ' ' �`
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<br /> ;;, � � � "; .; with interest thereon payable -se�ri�e��; according to the tenor a�d effect of the ` ' £�� D,'
<br /> '� � t� : . one certain �€irs�-�ae�gege-� o f sai d mor tgagors, bea r i n g e v e n d a t e w i t h t h e s e �;
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<br /> •� � twelve � ,'
<br /> � � �+�,, �': presents. After maturity said N-�ci°� dra�vs interest at the rate of �+�e- per cent per �' ,
<br /> � '!�� � annum . .. 'u � '
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<br /> � r ar� , ' If said taxes and assessments are not paid when due, or if the buildings on said ��
<br /> , j - � ' .�r?�� �' pr�mises are not insured as above provided , or if any of said interest is not paid when ,��'��
<br /> ' � ' � ' due, -then said whole debt shall ;become d ue ' immediately,' at< the option of ' the sa�d , � "
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<br /> ; ! �j ; . •, TrusE Company, ; and sha�l thereafter dcaw, iqt rest ,at 'rhe rate of �'��r cent per annum . �� �
<br /> � ���` Whether: sa�d debt: becomes due by lapse of ; time, or :by :reason of the failure of '� �' �
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<br />�' �,t ' • the party of the first pact to comply with any condition herein,� the said Gnnd Island � ^
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<br /> '�r Trust-.Company of Grand Island, Nebraska; the,"successors and ass�gns; shall ha've the , � j ,.
<br />, � � l t r �� ' right , ,to begim �the foreclosure. of : this mor. 'tgage at once on .thewhole `debt hereby se• `''�+ � -
<br /> . •. c u r e d, a n d t o i n c l ude xherein all taxes, assessments, insurance premiums and costs, paid ��J , ' %
<br /> 1 �;, �: . � , : ,
<br /> � :' by it-or them ;. or . said .Trust Company, its : successorsorassigns„may. #orecloseonly. as , . 4S � , '
<br /> : } to the sum past due, without injury to this mortgage, or the dispiacement or impair = ��
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<br />� � ,��� " ment of the lien thereof. , , : �
<br /> �� And the said first party and the makers of said note, bond and. coupons especially „` 4,.,�
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<br /> � � ��� " ; agree and declare that the separate estate of each and every one oE them , including f�
<br /> � " � � � ` "s;• � . both that now owned and that heteafter acquired, is pledged and bound for the pay- ' �,;�
<br /> 4 � Y ' ment of the de6t hereby secured . ' �' �°
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<br /> � � After the . commencemenc of any suit in forcclosure the plaintiff therein shall be �, j
<br /> � ; � �,; : enEitled �to the immediate possession of said premises and the appointment of a receiver : �
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<br /> �) ��� .r therefor, notwithstanding they may be the homestead of the occupant and notwith• , •'�f
<br />� ,'. (1 .��°�'• ` standing the parties liable for the debt may be solvent, and the first party hereby consents . �►
<br /> 17
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<br />� � _ d°t��' , to Ehe appointment of a Receiver upon the production of this indenture, withont ��
<br /> � � ,� t� t � • other evidence . �'r��
<br /> � ` ���� � The foregoing conditions and agreements, all and singular, being fully performed, , �
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<br /> � ° ' this conveyance shall be void, otherwise to be and remain in full force and effect. �f,�
<br /> I ' ` ��, �= 7th da of ' Aprt t A. D ., 19 76 �t � �
<br /> i ��� , � Signed this Y
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<br /> � !�'�r In presence of �' r�'° `"��J 5�` t
<br /> � . es P . Lasaea .
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