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Third: To" pay or: cause to' be. paid to the Grand Island Trust Company of <br />Grand Island, Nebraska, its successors or assigns, the sum of $' 3 917.`59 <br />Three Thousand, Nine Hundred Seventeen and .59/100 - - - DOLLARS,.. <br />payable. as follows: <br />Sixty (60) payments of $91.80'each, due on the 20th of each <br />`'month,commencing April 20•, 1975, <br />with interest 'thereon'payable-re ap;iaau�;'aE ng-to-dw-tenGr-ar4a-afect=of'xhe <br />-c,e--cerzin-first rnertgage-lam of said mortgagors, bearing even date with these <br />presents. After maturity said -1 W.draws' interest at the rate of w�er 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 <br />Trust Company, and shall thereafter draw -interest at the rate of-nnie I er cent per annum. <br />Whether .said debt becomes `due tby 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 <br />Trust Company of :Grand,Island,� Nebraska, the successors and assigns, shall have the <br />'of this mortgage at once on the whole debt hereby se - <br />right to'begin the foreclosure <br />cured, and to include therein all taxes, assessments, insurance premiums and costs, paid <br />by it or ahem; or, said Trust Company, its successors or assigns,, may foreclose only as <br />to the sum past due, without injury to this mortgage, or the displacement or impair- <br />ment of the lien thereof <br />And the said first party and the makers of said note, bond and coupons ,especially . <br />every one of them, including <br />9 P <br />agree .and declare that they separate estate of each and <br />both that now owned and that hereafter acquired is ledged and bound for the pay <br />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 />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 20th day of March A. D:, 19 75 <br />In presence of <br />Mikd Galvan <br />zlt r yn 9a an <br />