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<br /> ; (' " 44 Third. To pay or cause to be paid to the Grand Island Trust Company of ���'� � 1
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<br /> Grand Island, Nebraska, its successors or assigns, the sum of $ 5 , 017 . 00 �k�� �
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<br /> y l�r��*• , . Five Thousand Seventeen and no/ 100 - - - - - - - - - - - DOLLARS, �,�j �
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<br /> ( ��`,': : payable as follows ` ''�r,��
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<br /> � i`�i , : : Fourteen ( 14 ) quarterly payments of $460 . 00 each , due on the 20th ��,��! 1
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<br /> '. � 3��' • : every three ( 3) monchs . commencing Piarch 20 , 1977 , �'>;� �
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<br /> � � one certain d�-��gage-k�ea�3 of said mortga�ors, bearing even date tvith these ���; i
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<br /> ' f,. �,; presents. After maturity said-be� dra�vs interest at the rate of 7�ir�t�er cent per , '��`"'• j
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<br /> F, ' r�. . � � If said taxes and assessments are not paid when due, or if thc buildings on said �' ` �
<br /> t � � „`•: premises are not insured as above provided, or if any of said interest is not paid when �,,?'�r��~ �
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<br /> � �,3 � :''; due, then said whole debt shall become due immediately, at the option o! the said �:`.*�:� 1
<br /> ' ' ''''� ' . TrustCom an '` ��`#�� ;
<br /> � , � . ' p y, and shall thereafter draw int�rest at the rate of���er cent per annum. ;-:.,� .
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<br /> } � f ���� . ' Whether said debt becomes duc by laps� of time, or by rcason 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 �:r;=' 1
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<br /> � �r;�, ` Trust Company of Grand lsland, Nebraska , the successors and assigns, shall have the , et �s. • %
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<br /> ; ( y{��+``� : right to begin the foredosure of this mortgage at once on thc �vhole debt hercby sc• '}'t'=:�
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<br /> : � j,�� cured, and to indude therein all taxes, assessments, insunnce premiums and costs, paid � �h�,
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<br /> � '= r . . by it or them ; or said Trust Company, its successors or assigns, may foredose only as °� ''��� '
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<br /> '-��i�i'�:: � to the sum past d�e, withou[ injury to this mortgage, or the displacement or impair• :; •;:;�,•�':.�
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<br /> ' ��qa ment of the lien thereof. �i=:- �
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<br /> ti�� ;�� And the said first art and the make:s of said note, bond and cou ons es eciali ' - �
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<br /> f �� • � agree and declare that the separare estate of each and every one of them, induding . :3�'f=�<<
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<br /> \ �:;: � • : bath that now owned and that hereafter acquired, is pledged and bound for the pay . •�'',�4f;;�• �
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<br /> J ,�� ' ment of the debt hereby secured . . , ,, ;
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<br /> s ( After the commencement of any suit in foreclosure the plaintif� therein shall be
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<br /> ' � `;:L:'� . entitled to the immediate possession of said premises and the appointment of a recciver '.;�!�`�'='�' �
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<br /> % -�yi,?�' .; � , therefor, notwithscanding they may be the homestead of the occupant and notwith- �.:: �
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<br /> � �'� ' " . standing the parties liable for the debt may be solvent, and the first party hereby consents � ,�
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<br /> : � ��a:r;• , . to the appointment of a Receiver upon the production of this indenture, without �'';;�� %
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<br />' C '3��' ether evidence. �`'�=!?
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<br /> ; ji�Y ; The foregoing conJitions and agreements, all and singular, bcing fully performed, ���t�; I
<br /> � •a��v` this conveyance shall be void, otherwise to b� and remain in full force and effect. ,;;s• �
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<br /> 25th � ` '. �
<br /> j ' ;»�`;� :. ` October �, 16 ���°, `�
<br /> � ; , ,.yr ` Signed this day A. D., 19 � � ,���y�1�`.
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