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• i • I Third. To "pay or' cause to be paid-"to 'the Grand Island Trust Company of 7 Grand Island; Nebraska; its successors or assigns, the sum of $ 6 , 500.00 Six Thousand Five Hundred and no/100 - - - - --- - - - - COLLARS; payable as follows: a Fifty-nine (59)-payments of $148.00; and "'One (1) payment of .'$145.00, due on the 5th of-each month, commencing June 5, 19751 with interest thereon►a1 setrri-arrxt�allq-aeearding-ta-d3e teienc� e€€ee�f-t -ene Main7e8t-1peitgage43en4- of said., mor_tgagors, bearing even date . with these resents.• After' maturi said draws p ty, interest. at` the rate of per :cent per annum If .said taxes and assessments are not paid; when.: due;, or-, if. the buildings on said ' premises are -not insured as above' provided, or if any `of 'said interest is riot paid' when :- due,, tfien said whole .debt shall :become due immediately;: ,at . the option of • ahe said Trust Company; and shall thereafter draw interest at the rate ofpercent per annum. Whether said debt becomes due by. lapse of 'time, o' Ebyreason of the failure' `of the. party of the first part to comply with any condition herein; the said Grand.Island Trust Company of- Grand •Island; Nebraska, the successors and assigns; . shall 'have the, right to begin' the` foreclosure of this mortgage'at'. once on, the- whole `debt hereby se- cured, and to include therein all taxes,. assessments, insurance premiums, and costs; paid by it. or them; or.. said Trust Company, its successors or assigns,, may 1 foreclose only as: to the sum past due, without injury to this mortgage, or the displacement or impair- ment of the lienthereof. And the "said first party' and the makers of; said note,' bond and coupons especially agree and declare that the separate estate of each- and every one of, them, including both - that now owned *and that hereafter acquired; is pledged and bound- for the pay ment :of the debt, hereby secured: After the commencement, of any suit in foreclosure the. plaintiff. therein shall be.. entitled to the immediate possession of said premises and the appointment of a receiver therefor, notwithstanding they may be the homestead of the occupant and notwith- standing the parties liable for the debt may be solvent, ,and the first party hereby_ consents to _the' appointment of a Receiver upon the production of this indenture, without . 'other evidence. - The foregoing conditions and agreements, all and singular, being fully performed, this conveyance shall be void, otherwise to be and remain in full force and effect. ...Signed this 30 th day of-, _ A. D„ 1915— In presence of. . Chris•H..Rasmussen, Jr.