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<br /> I � ,f,�, ,, ' Third. To pay or cause to be paid to the Grand Island Trust Company of �s:;��' ;
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<br /> � �''�'`r ; Grand Island, Nebraska, its successors or assi ns, the sum of $ z , Z 30 . 22 ' 'J�
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<br /> _ ` 'r�r,��'ti . Two Thousand Ttao Hundred Thirty and 22 / 100 - - - - - - - - DOLLARS �"3k- .� .�
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<br /> � �,+!'�' payable as follows: y:�%``r ;
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<br /> L r� ��; ' Sixty ( 60) monthly paymenta of $49 . 60 each , due on the 5th ,,��� ��
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<br /> a;++'j,,,: of each month commencing October 5 , 1976 , > !Jf :,
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<br /> , , with interest thereon payable �cmi-an+nxdly; according to the tenor and effect of the ` -� .
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<br /> <:. � one certain �first-m Nvr�tg ge-bond of said mortgagors, hearing even date �;�ith these ; . ' �
<br /> ... � presents. After maturity said -b�edra���s interest at the rate of �i�e�per cent per � ,�°��
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<br /> ::;i�; , � annum . , '`� :=f::.
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<br /> ` ' If said taxes and assessments are not paid when due, or if the buildings on said � )
<br /> ,; . � premises are not insured as above provided, or if any of said interest is not paid when Y;�,�;•_< '�
<br /> L `��, due, then said whole debt shall become due immediately, at i�eo ption of the said � r
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<br /> � ,.: :'�� Trust Company, and shali thereafter draw int�rest at the rate of-naaeper cent per annum. � � .,. :: `
<br /> ��hether said debt becomes due by lapse of time, or by reason of the failure of '�= �
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<br /> the party of the first part to comply with any condition herein, the said Grand Island : " '
<br /> Trust Company of Grand Island, Nebraska, the successors and assigns, shall have the + {rf '
<br /> .�' ' ` , ¢ . right to begin the foreclosure of this mortgage at once on the whole debt hereby se•
<br /> cured, and to include therein all taxes, assessments, insurance premiums and costs, paid � ;
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<br /> _ • by it or them ; or said Trust Company, its successors or assigns, may foredose on ly as ' �"-.::= �
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<br /> �' 1r '1 � to the sum past due, without injury to this mortgage, or the displacemenc or impair� ; ._ ' '
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<br /> ment of the lien thereof. f� ;� ,� ; '
<br /> 'i'`*' And the said first party aad the make:s of said note, bond and coupons especially '-" '
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<br /> � agree and declare that the separate estate of each and every one of chem, including
<br /> ' � both that now owned and that hereafter acquired, is pledged and bound for the pay , ;,�_ � '
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<br /> < < ' '. ment of the debt hereby secured. 1 � : f , .
<br /> 11 . After the commencement of any suit in foreclosure the plaintiff therein shall be #
<br /> , :'�4 entitied to the immediate possession of said premises and the appointment of a receiver ` � ;lr � '
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<br /> � therefor, notwithstanding they may be the homestead of the occupant and notwith• �'
<br /> standing the parties liable for the debt may be solvent, and the first party hereby consents �� �
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<br /> ` � '` to the appointment of a Receiver upon the production of this indenture, without ;
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<br /> ` ; � ether evidence. +` � �
<br /> The foregoing conditions and agreements, all and singular, being fully performed, Y .`- ^":
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<br /> .,� �; this conveyance shall be void, otherwise to be and remain in full force and efTect. $ ;
<br /> ' Signed this 16ch day of Au�ust A. D. , 121� �� '� ,
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<br /> v'�'�.' '. In presence of �'` ' ��`
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