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<br /> ( ��.;' . 'I'hirJ. To pay or cause to be paid to the Grand Island Trust Company of ,i��'c: � I
<br /> � � � u r . ��'?� '�
<br /> � "�`. ; ' S0 , 000 . 00 'ti�'�� i
<br /> 1 •���;� , Grand Island, Nebraska, its successors or assigns, the sum of $ , � ,�;.. ,
<br /> � �
<br /> , £ <:_
<br /> �
<br /> i , r ��. - - - - - - - - - - - - - - -DOLLARS,
<br /> :ng � • 1
<br /> Fifty Thousand und No / 100 �
<br /> > -
<br /> � ��3; , ��� .
<br /> � ��'+'`� payable as follows: ��` ''� r '�
<br /> f� .• � ,:> -
<br /> > , .�_•
<br /> Y �'., � $2 , 500 . 00 o�i November 1. , 1977 ; ����,
<br /> � '}l;'�;• $ 2 , 500 . 00 on NovemUer 1 , 197F3 ; � �'`�t`` `
<br /> a�;{i . � + :?�l� :
<br /> w,��tr., . ' $2 , 500 . 00 on Novem6er 1 , IS) 74 ; •..u�•f .. �,
<br /> s;s ; ' ' $ 2 , 500 . 00 un N�vemUer 1 , 1980 ; sF.� (
<br /> ` < < '�>•, '� $ 'L , 500 . 00 on Novemhcr 1. , 1981 : � :' �a�•, 1
<br /> r � �., � � ..
<br /> *'t"¢;i: $ 2 , SUU . 00 on November ] 1982 • '��: =L
<br /> r.::?�y',� � $ ? , 500 . 00 ou Nuvem6er 1. , 198 :5 : `'� %r:;. '
<br /> , $ 2 , 500 . 00 on November 1. , 1984 ; �
<br /> . .. ,. Fltii �,
<br /> " '-''r''; `.',, .. $ 2 , 500 . 00 on November 1 , 1985 : , ,,r•.F�,- :
<br /> ' r
<br /> � ,,s ,
<br /> � R�yt�'��` aIl[� the balance O1� �....� '.
<br /> - ? . !. $ 27 , 500 . 00 on �'ovember l. , 193G , : '
<br /> , �� - �
<br /> � : �ti . �
<br /> ' �,+ ' � with interest thereon payable semt-annually, according to the tenor and effect of the ��•-; <
<br /> : �* � '
<br /> r �� '
<br /> s ' ' � � one certain first �uortgage bond of said mort�;agors, bcaring e��en date with thesc � .; '
<br /> � le;ven
<br /> , presents. After maturity said bond draws interest at the rate ot aYste per cent per �,? ' . i
<br /> ',: ." �' annum. ,}�.
<br /> : , •'�''. 3 � . :;;.��
<br /> . ' j' If said taxes and assessments are not paid when due, ur if thc buildings on said `
<br /> ',�: - ¢ r,.mises are not insured as abovc fOVI(�P.(�� OC If 1❑ O� S1�C� IOCCfI'SC IS ROC 11C� When � ����A`;` '
<br /> z �, � p v P� � ;_ :
<br /> `.+ :' � due, thcn said wholc debt shall bccom� d �e immediately, at thc option of thc saiJ '�'�'':.
<br /> Trust Company, and shall thereafter draw int�rest at thc rate of nine per cent per annum . ; `, �; ',
<br /> _ , � ,I. � • ,
<br /> Whether said debt becomes duc by laps� of time, or by rcason of the failure of •�
<br /> . .,• �' . :
<br /> ��,�. : �
<br /> : �[ thc party of the first part to comply with any condition hcrein, thc said Grand lsland , ,
<br /> ? � ; � ' `t Trust Company of Grand Island, Nebraska, the successors and assigns, shall have the <<`:� � �
<br /> :�'3'';'`�i �, '�, ri�ht to begin the foreclosure o( this mortga�e at once on che .uhole debc hereby se• ''�j°._ ' \1
<br /> .. , ...
<br /> :.;-:�
<br /> , ,
<br /> . . :; .. `, cured, and to include therein all taxes, assessments, insurance premiums �ind costs, paid � ; ri
<br /> r s . �: � `3 `�
<br /> ' ` by it or them ; or said Trust Com an , its successors or a=si ns, ma foredosc onl as ``==� '
<br /> " .':���.. P Y �' Y Y ��;r: �
<br /> `` E �' j : to the sum past due, without injury to this mort�;a�c, ur the displacetnent or impair- �'� ' '
<br /> g C (
<br /> ;' . }, ment of the lien thereof. � ^ �
<br /> =;�;;:, ' �:::=t� �,
<br /> :i-; '�� And the said first party and the make:s of <aid nnte, bond and coupons especially '�=-•
<br /> �, �, . ,,• r •,
<br /> �� � ' agree and declare that the separate estste of each anJ every une of them , including ' `
<br /> both that now owned and that hereafter acyuired, is pledged an� bounJ fur the pay t ;,� :•i • '
<br /> �i'';�"' ment of the debt hereby secured . f , r�'�: ` '
<br /> P�fter the commencement of any suit in foreclosure the plainciti therein shall b� � .� :`_.`,
<br /> �• .t -• ! I
<br /> _:' entitied to the immediate possession of said premises and the appointmen[ of a receiver ;; , ,
<br /> » � �� therefor, notwithstanding they n,ay be che homestead o( the occupant and notwith ' sr�'f � '
<br /> ` i4 . �
<br /> � .. . .,� r< �: D; �
<br /> ;;_;.:� ,. � standing the parties liable for the debt may oe suiver�t, and che 5rst par, r hereb� co...,er: ._ i ��;,_,`. i
<br /> a7�. � . �,�'�.i • .� :
<br /> � s�yr; : to the appointment of a Receiver upon the production of this indcnture, without ' :� i
<br /> . 3 v. ,.
<br /> i ether cvidence. � �
<br /> ' �, � The foregoing con�itiuns and agreemencs, all and sinKular, b�ing fully �xrformed, �,•4�L� ; '
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<br /> � �t.
<br /> ,vr,��, . this conveyance shall be void, otherwise ro b•: and remain m full force and effect . ,, .,r= i
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<br /> ' i' " . '"r� 11U�:;USL � �) � � �
<br /> ; , "�: Signed this---- �--- —day of— — ---; A. D. , 19 .— ` ``1 .
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<br /> • � � � �t.,.a-, ..1 � ��� �- E,,. . F�,o- , �
<br /> 4v ' In presence of � �
<br /> s, �:� : i•; i lli �m ,l llc } " t�' ��.Sr . � ., i
<br /> ' / i
<br /> � rj��=� c J / : 3Lf7/ G: CIFa�ri _ � ,l��i'-�4♦ .
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