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<br /> � 7 � �:; . ' Third. To pay or cause to be paid to the Grand Island Trust Company of -�;l��;,( ;
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<br /> ,. r�' �� Grand Island, Nebraska, its successors or assigns, the sum of $ � , � i � • �o . �:,,�rr f4 �
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<br /> Five Thousand Ten and no/ 100 - - DOLLARS, .� i�� r� �
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<br /> � .{J�{°��� payable as follows: ' `�'�f' `tI
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<br /> � ; ' i'�'' Seventy- two ( 72 ) monthly paymente of $ 97 . 75 each , due on the � ,+°�3. ~��
<br /> ; � �t`�;�` 20th of each mon [h , commencing July 20 , 1976 , _s , �.
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<br /> � Y' ° ' one certain -Eir�t7nee�xge-bend-of said mortga�ors, bearing e��en date with these . ' ; .. �
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<br /> ,`�;. `� presents. After maturity 511(j -[j(iiiQ� C�f:l\VS interest 1t YI1C T1CC' OE 71tt��pCI CCflt PC'I' : � ��1.
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<br /> If said taxes and assessments are not paid when due, or if thc buildings on said
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<br /> _ ' przmises are not insured as abo��e provided , or if any of said inrerest is not paid �uhen -..� �
<br /> «'�'`. . due, then said whole debt shall becomc due immcdiatcly, at the option of thc said '�`* ' `
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<br /> Trust Company, and shall thcreafter draw int�rest at the ratc of fmie��i�r cent per annum � - . ` ,,.� `
<br /> "''-�` Whether said debt becomes duc by laps� of time, or by reason of the failure of ' '��'=4 ;
<br /> `t�r� the party of the hrst part ro comply �+.�ith any condition herein, the said Grand Island � ,. •�` ' � -`
<br /> - ''"=:'•�'. Trust C ompany o f Gran d Is lan d, Nc bras ka, t he successors and assigns, shall have the :•:;n�C=� '
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<br /> 1 's,=����'; right to begin the foredosure of this mortgage at once an the whole debt hereby se- �-'��T':;; ';
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<br /> ' r,>.. � � cured, and to indude therein all taxes, asscssmen[s, insurance premiums and costs, paid ; : ,, ti �,
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<br /> '�jY: �� ; by it or them ; or said Trust Company, its succcssors or assigns, may foredosc only as �.:.:__ �
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<br /> �"�'r>° ' <: - to the sum past due, without injury to this mortgage, or the displacement or impair� ; � �.�•.;;�� ;
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<br /> Jy�,� ` ment of the lien thereof. � '. , , � ti1 i
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<br /> - ' :;:•,r'.�' ` . And the said first party and the make,-s of said note, bond and coupons especially � �_`':;=;• `�.
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<br /> agree and declare that the separate estate of cach and every one of them, induding :. s ;:; �
<br /> ' ,3 � �� . � both that now o�vned and that hereafter acyuired, is pledged and bound for the pay ,: ;,��F�: 1
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<br /> , , v��! ment of the debt hereby secured. ;' '�f u ;
<br /> ' r After the commencement of any suit in foreclosure thc plaintiff therein shall b� �
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<br /> ' �r;;,`, entitled to the immediate passession of said premises and the appointment of a receiver ';�;"�c`� �
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<br /> ti?.�''.; � ; _. therefor, notwithstanding they may be the hemestead of the occupant and notwith :: �
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<br /> � : ' � standing the parties liable for the debt may be solvent, and the first party hercby consents �
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<br /> :,���,.� r;; . to the appointment of a Receiver upon the production of this indenture, without ;,;_. �
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<br /> ;s �'' % ' ether evidence. � `
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<br /> ; .,-;:t�s4 The foregoing conditions and agreements, all an� singular, bcing fully perEormcd, � ' :`� � �
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<br /> � • .-'h���''-'` this conveyance shall be void, otherwise to b� and remain in full force and etTect. '`"�•
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