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<br />Third. To .pay; or cause to be paid to; the Grand Island Trust Company of
<br />6 � 4 3 3.00
<br />alt Grand Island, Neb"rAka, its successors or assigns, the sum of $
<br />*****Six Thou DOLLARS,
<br />sand Four Hundred Thirty Three and no/100 -
<br />payable as follows j
<br />x Thirty-six' (36) payments of $21•.25 each, :due on the '25th
<br />+= of each month, commencing September 25, 1975,
<br />r Ii
<br />Tr
<br />!
<br />with interest thereon-13able-sei4�{xtall3��zeeercling-to- thenteHend-ef€ec-t-of-1� 'i
<br />-ane-eertait�-first �litirtgage-bond of said mortgagors, bearing, even; date with these
<br />13.75'
<br />'!i presents. ` After maturity said b(Medraws interest at the rate of;_nlne• per cent per,..`i
<br />annum.
<br />4:. 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 , a
<br />due then said °whole debt shall become due:* mediately, at ;the option 'of the said
<br />:. V3 7s
<br />' Trust Company', and shall thereafter draw interest at the rate of -n= per cent per annum
<br />+ Whether said debt becomes due by lapse of time, or byi reason of the failure Of'- a
<br />the party of the first part to comply with any ;condition hereto, the said'.Grand Island ;l
<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 se"
<br />hereby s
<br />,
<br />cured, and to include therein all taxes, assessments, insurance premiums and costs, paid ;
<br />by it or them; ''or said Trust Company, its su'c�essors or assigns, may foredlose only as
<br />+ to the sum past due, without injury to this mortgage, or the ;displacement or impair
<br />merit of the lien thereof. +
<br />And the saidfi'rst party and `the makers bf said note, bond and coupons especially
<br />agree and declare Ghat 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 />' merit ,of the debt hereby secured. ,
<br />_ After the;' commencement' of any suit iri 'foreclosure thet•plain`tiff, therein shall be
<br />entitled. to the 'immediate possession of said p `remises and the,:appointmerit of a recerver . .
<br />r� therefor, notwithstanding they'may be the hbinestead of the occupant; and notwith
<br />standing the parties liable for the debt may be solvent, and the first part' y° hereby consents.
<br />to the appointments of a Receiver upon• the production ofl this indenture, without.
<br />other evidence: J
<br />The foregoing 'conditions and' agreement s,. 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 11th day o �u ustt A: D., 19 75
<br />In presence of
<br />P hn A. Sherman
<br />ifii
<br />'Pa �tcia A Sherman
<br />7T ,!
<br />
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