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with interest thereon payable semiannually, according to -the tenor and effect of the
<br />one certain first mortgage bond• of said mortgagors, bearing even date with these. "•''
<br />presents. After . maturity said bond draws interest at the rate of nine per cent per _
<br />annum: .l
<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 />s due, then said whole debt shall become d ue immediately, at the option of the said .;.�
<br />Trust Company, and shall thereafter draw interest at the rate of nine per cent per annum.'
<br />-- Whether said debt becomes due by lapse , of time, or by reason of the failure of �\
<br />-3 the party of the first part to comply with any condition herein, the said Grand Island 3
<br />Trust Company of Grand Island, Nebraska, the successors and assigns, shall have the { C
<br />right. to begin- the foreclosure of this mortgage at once on the whole debt hereby se- ;1
<br />J
<br />;j. 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 t
<br />to the sum past due, without injury to this mortgage, or the displacement or impair.
<br />ment of the lien thereof. )
<br />r>. i
<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 />i
<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 `� day of M;;g A. D., 19 75 t
<br />r
<br />--
<br />In presence of
<br />i ter : Niedf 61t
<br />`:fit:• '; j ,L) I � � t
<br />Elnora Niedfelt -
<br />-
<br />ird. "To pay or cause ` ao ibe paid to the 'Grand Island 'Trust !Company of
<br />===
<br />'c
<br />i
<br />..
<br />Grand Island, Nebraska, its successors or -assigns, the sum off 7.000:00)
<br />Seven Thousand and No/700 - - - - - - - - - -DOLLARS,
<br />` '
<br />payable ,as follows:
<br />tt,
<br />'',,
<br />•
<br />$500.00 on April 1, 1976;
<br />i
<br />$500.00 on April 1, 1977;--
<br />?
<br />$500..00 on April 1, 1978;
<br />'
<br />$500-•00•on April•1, 1979;
<br />f
<br />$500.-00 on April 1, 1980;
<br />} "
<br />.$500.00 on April 1, 1981;
<br />and the balance of
<br />:=s
<br />$4;000.00 on April 1,-1982;
<br />:►,L
<br />•'!.t .
<br />with interest thereon payable semiannually, according to -the tenor and effect of the
<br />one certain first mortgage bond• of said mortgagors, bearing even date with these. "•''
<br />presents. After . maturity said bond draws interest at the rate of nine per cent per _
<br />annum: .l
<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 />s due, then said whole debt shall become d ue immediately, at the option of the said .;.�
<br />Trust Company, and shall thereafter draw interest at the rate of nine per cent per annum.'
<br />-- Whether said debt becomes due by lapse , of time, or by reason of the failure of �\
<br />-3 the party of the first part to comply with any condition herein, the said Grand Island 3
<br />Trust Company of Grand Island, Nebraska, the successors and assigns, shall have the { C
<br />right. to begin- the foreclosure of this mortgage at once on the whole debt hereby se- ;1
<br />J
<br />;j. 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 t
<br />to the sum past due, without injury to this mortgage, or the displacement or impair.
<br />ment of the lien thereof. )
<br />r>. i
<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 />i
<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 `� day of M;;g A. D., 19 75 t
<br />r
<br />--
<br />In presence of
<br />i ter : Niedf 61t
<br />`:fit:• '; j ,L) I � � t
<br />Elnora Niedfelt -
<br />-
<br />
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