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Third. To pay or cause to be paid to 'the Grand• .Island Company of <br />.Trust <br />Grand Island, Nebraska, its successors or assigns, the.sum of $ 3,010.00 <br />" 'r• ------------ <br />. Three Thousand 'Ten and no/100 - - DOLLARS, <br />payable as follows: <br />Forty-eight (48) payments of $82.15 each, due.on the 5th of <br />each month, commencing April, 5, 1975, <br />• with interest thereon -payable semi�antally; according-to-tltenor-�ml effect of -the ,:l <br />-er e--.Ge-rtain-€irst--mor-tgage.-ben4 . of said mortgagors, bearing even date with these <br />T <br />P After maturity said -l�o`�nV- draws interest .at 'the' rate of 1JrQer cent per <br />annum. <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 <br />due, then said whole debt shall become due immediately, at the option of the said I <br />Trust Company, and shall thereafter draw interest at the rate or��er cent per annum. <br />--- Whether said debt becomes due by lapse of time, or by reason of the failure of <br />' the party of the -first part to comply with any condition herein, the said Grand Island j <br />Trust Company of Grand Island, Nebraska, the successors and assigns, shall have the <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 <br />by it or them; or.said Trust Company, its successors or assigns, may foreclose only as <br />y: to the sum past due, without injury to this. mortgage, or the displacement or impair- <br />s.;,:; . y. <br />menu of the lien thereof. <br />And the said first party and the makers of said note, bond and coupons especially <br />agree and declare that the separate estate of each and every one of ,them, including <br />both that now owned and that hereafter acquired; is pledged and bound for the pay - <br />"j`''` ment of the debt hereby secured. <br />After the commencement of any suit.in foreclosure the plaintiff therein shall be <br />=-== entitled to the immediate possession of said premises and the appointment of a receiver <br />i. 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 <br />to the appointment of a Receiver upon the production, of this indenture, without <br />other evidence. <br />The foregoing conditions and agreements, all and singular, being fully performed, <br />this conveyance shall be void, otherwise to be and remain "in full force and effect. <br />Signed this 5th ' day " f arch A. D., 19_L5__ <br />In presence of <br />E Heying <br />i- ,0 1-( <br />Carol J. Heying r <br />