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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 $_3,756 ,'85 <br />Three Thousand Seven.Hundred..Fifty Six and 85/100 - - - - - DOLLARS, <br />payable as follows: <br />Thirty-six (36) payments of'$129.30 each, due on the 20th of each <br />month, commencing May 20, 1975, <br />with interest. thereonsemi�cQrding-to'the-tcn`ancl-effect-o�'tl�e"- <br />er�e -seri-fish-megags -bend o£_ said mortgagors, bearing even date with these <br />presents. After 'maturity said,-bW draws interest at the rate of i per 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 Wper 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 <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 />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 />` 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 pays <br />menu of the debt hereby secured. <br />f; 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 maybe 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 19th day of April .A.rD-., 19 75 <br />resence of <br />In p Acara <br />cent S. Galbraith <br />ua.Wnai <br />t �� <br />