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�� I �r� � A�� i"�'.n�. 78- �G01.8'7 '� � SECOND REAL ESTATE MORTGAGE � KNOW ALL r1EN BY THESE PRESENTS: 3 That we, RONALD E. OCHS and TONI L. OCHS, husband and wife, ' herein called the Mortgagor, whether one or more, in considera- tion of the sum of FIVE THOUSAND DOLLARS ($5,000.00) received ` from Mortgagee, do hereby mortgage to MID-CONTINENT ENTERPRISES, INC., a ilebraska Corporation, herein called the Mortgagee, the following described real estate in Hall County, Nebraska: Lot Ten (10) in Block Tcao (2), Continental Gardens, an Addition Co the City of Grand Island, liall County, �� Nebraska. t : { This mortgage is given to secure the payment of the principal sum of $5,000 and interest thereon, according Co the terms of a certain promissory note of even date, executed by the Kortgagor Co Mortgagee, due on January 9 , 1979. The i�Sortgagor further agrees to maintain insurance upon the above described premises in an amount no less than the indebted- ness due the Mortgagee over and above any other insurance required upon the premises with a loss payable clause in favor of Mortgagor and Mortgagee as their interests may appear. The Mortgagor agrees to pay all taxes and assessments upon said premises an3 all other taxes levied and assessments levied upon this mortgage and the note which this mortgage is given to secure before the same becomes delinquent. In the event the t4ortgagor shall fail to obtain such insurance or pay such taxes before delinquent, the Mortgagee may purchase such insurance and pay such taxes or other liens and shall have a lien secured hereby for the amounts advanced with interest thereon at the maximum legal rate. In the event that the Mortgagor defaults in the payment o.f said indebtedness, or any installment thereof, or fails to per- form any of the oCher agreements herein, the �iortgagee at his election may declare Che entire debt secured by this mortgage to be due and collectible at once, and may foreclose this mort- gage for the satisfaction thereof. Signed this th day of JanuaR�� , 1�78. ��.�' �'�� /J P.ONALD E. OCHS i�f"l�- ��) �� <�� TONI L. OCHS 4 STATE OF tdEBRASKA) • . ) SS. COUNTY OF HALL ) ' BeL-ore me a notary public, qualified for said county, per- � .' sonally appeared Ronald E. Ochs and Toni L. Ochs, husband and �• � {,,; �' wife, each in his or her own right and as spouse of the other, � - `� to me known to be the identical persons who signed the foregoing �'" y ��,' �~ instrument and acknowledged the execution thereof to be their I � �- � voluntary act and deed. ¢ � , h r'' � ; � Witness my hand and notarial seal on Januar.y 9 , 1978. � ?�_. _ � , � HO�ERT O.PLAC7.FK �� ^ ..r� . `�"� GENERAL NOTARY�Steto of Nnbr �;: NOTARY PUB C ::--_ , My Commission E■pir�c � �. +... �`-a NOVEME3ER 25.1n7R � �� :;� �