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<br /> ' �' 76- Q03715 • :
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<br /> , � i ' Third. To pay or cause to be paid to the Grand Island Trust Company of ��a¢• � ) 1
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<br /> ( � `�� Grand Island, Nebraska, its successors or assigns, the sum of $ t0 , U15 . Qo `s•`r�
<br /> � � � �'�- �
<br /> � �5;4 � . Ten Thousand Fifteen and no/ 100 - - - - - - - - - - - - - DOLLARS, ,��� %
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<br /> < <�s , payable as follows: �
<br /> �'is% �
<br /> � j $ ,, `, : fx}a� �
<br /> �,fi�j'�4 : One Hundred 1Faenty ( 120) c�onth paymenta of 5142 . 25 each , ; �Y ��
<br /> � � due an Che ZO [h of each month , commencing Jul.y 20 , 1976 , , ��}�'�r, ,r '�
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<br /> `,,r; � �. with interest thereon payable -se�i•.•{�xaually; accordin£ to the tenor and effect of the �F�~ �
<br /> �°.75: :�� `�UTC ?'cT'•i: '.
<br /> �' " ;= one certain �iret-raa�t�a�s-�ea� of said mortgaQors, hearing c�•en date with thesz '•: ��:;: �
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<br /> .. �1 presents. After maturity said - �� � edra�v; interest at thc rate of -1mLfle per cent per !�' ' i
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<br /> � '��� ::�� annum. � �:`.� � ':�
<br /> � + # If said taxes and assessments are not paid ��hen due, or if the buildin�s on said �+ ¢ .� �;
<br /> ? 'r,' ' # prcmises are not insured as abo��e provided , or if any of said in�erest is no[ paid «�hen �� , -
<br /> .ra.`.�` � due, then said whole debt shall become due immediatcly, at the op�ion of the said '�'� : �;
<br /> -: _ : � 1 . 7 ?. ,,.. .
<br /> , „ Trust Company, and shall thereafter draw int_rest at the rate of-iHas �er cent per annum . : ;,.=�, �,
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<br /> z . \\�hether said debt becomes duc bp laps� of timc, or by rcason of thc failure of ;. 7 <
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<br /> '' L. , ,� the party of the first part co comply with any condition herem, the said Grand Island � ' : '
<br /> ,ti=,:._ ,
<br /> `•°};;=. ' Trust Company of Grand lsland, Nebraska, �he successors and assigns, shall have the �;F;�s- ;'
<br /> � ( `c L''� , right to begin the foreclosure of this mortgaRe at once on the whole debt hereby se• �';'J�- ''
<br /> �;•.� . cured, and to include therein all taxes, astissment�, insurance premiums :ind costs, paid = =� �
<br /> .. ,:_ ' ;��;;' ,
<br /> `'=J ' b it or them ; or said Trust Com an , its successors or a=si ns, ma foreclose onl as t'-� /
<br /> ; s.�.,i: Y P Y � Y Y .r r �
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<br /> z ^`�� :A to the sum past due, without injury to this mortgage, or the displacement or impair� , � r:^ ;
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<br /> � .'�^• .' � ment of the lien thereof. � �` 5 '�� ',
<br /> • st �ti �+ �';
<br /> And the ssid first art and the make:s of said note bond and cou ns es �iall �_` `
<br /> % ��s�;� . p y , Po Pe - Y -:;j��,
<br /> '` � agree and declare that the separace estate ef each and e�•ery one of them, induding -Y:�` ,'
<br /> : 'f•�i • . : both that now o�med and that hereafter acquired, is pledged and bound For the pay � ;,�r�" �
<br /> � -:`�� ; , ��r.:. �
<br /> 3= a' � ' ment o( the debt hereby secured. � �;; f '�
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<br /> �` A(ter the commencement of any sui� in foreclosure the plaintifT therein shall be ' `
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<br /> � ' ' entitled to the immediate possession of said premises and the appointment of a recci��er '�=�s f
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<br /> �' y�' ;; therefor, notv��thstanding they may be che homestead of the occupant and notwith• ' `� • -
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<br /> ��1�� standing the parties liable for the debt may be soh•ent, and the first party hereby consents '' ,, $i��` `
<br /> � :.�;�''�` � . ," - 1
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<br /> r, to the appointment of a Receiver upon the production of this indenture, without ' �:fS. �
<br /> -��= :`�:#v : �
<br /> ' " � : other evidence. F ' j
<br /> i: f ;;: . The foregoing conditions and aKreements, all and sin�ular, b�inK fully performed, � �;r �" ,'
<br /> i i��'Y. . �," •� �
<br /> � �':• this conveyance shall be void, otherwise to b� and remain in full force and efiect. ,AF� f `�
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<br /> r�� �;; ," ' Signed this------'Sth day��__.I�ne _ A . D 19_Z ��_ f � " �
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<br /> .- r�''� In presence of � , � -� -, ; i'� . (` , ���� v ,
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<br /> ' P rick ,Dean G;l) e�ent , , ' I
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