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<br />Third. To- pay or causese to .be Paid to the Grand Isli.a.,nd Trustl Company of
<br />Grand Island, ,Nebraska, its successors or assigns, the sum of; $ '1,0 10.00
<br />Three Thousand Ten and no/100 - - - - - - - - -i -- DOLLARS,
<br />payable as follows::
<br />Sixty (60) payments of $69.95 each,,due on!the'5th of each
<br />month, commencing September 5 1975,
<br />W
<br />II
<br />• I
<br />With interest . thereon aeeercling-tom- tenor=at�c-e€€�ct-oE thi3 . ; .
<br />sn€=certain-ist-ertgagg-lea of said mortgagors; bearing even 'date with these
<br />Ne ` ; four een,
<br />presents. After maturity said -b& draws interest at the rate ofoirrrze Wen,
<br />cent per
<br />annum. : t i ;
<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 !interestis 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 o#•'fourper 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 assign's, 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,i, or; said Trust Company- its successors or assigns, may foreclose only as:
<br />to the °sum past due, without injury to this :mortgage, or thel 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 everyone.,of` them, including! .
<br />both that now`owned and. that Hereafter acquired, is pledged'; and bound for the pay-
<br />menf of the debt hereby secured: ;
<br />After the commencement, "of any suit in foreclosure the 'plaintiff therein shall be
<br />entitled to the l', immediate possession of said premises and the appointment of a receiver
<br />therefor, notwithstanding they may be the homestead of thea 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 />• 31st ..j ..
<br />Signed• this day of July A. D., 19_75_
<br />In presence of''
<br />aro/l�d -D Deed/\G��\)
<br />atr cia jDeeds
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