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� � �8- U00625 F2E7\L F•.ST1�T� MORTGAGE CURTIS K. GRIESS, DIXIE GRIESS , ARLIl�i D. KIEL and SUSAN K. � KIEL, jointly and severally, herein called the rlortgagors, in con- sideration of One Hundred Thirty-f.ive Thousand and No/100 Dollars ($135,000.00) do hereby mortgac7e to �JACY. B. VOSS and WILNL� VOSS� or the survivor of them, herein called the MortgagePs, the-followinq described real estate in Hall County, and State of rtebraska: Lots Five (5) and Six (6) in Block Two (2) in Spaulding and Gregq's Addition to the City of Grand Island, Hall County, Nebraska. And the Mortgagors do hereby covenant with the Mortgagees and with Mortgagees' heirs and assigns that Mortgagors are lawfully seized of said premises, that they are free from encumbrance, that � Mortgagors have good right and lawful authority to convey the same, and that Mortgagors warrant and will defend the titl@ to said premises against the lawfuZ claims of all persons whomsoever. This Mortgage is given to secure the payment of the principal sum of $135,000.00 and interest thereon, according to the terms of a certain, Promissory Note of even date, executed by the Mortgagors to the Mortgagees, due the lOth day of February, 1993. The Mortgagors further agree to maintain insurance upon the above described premises in an amount not less than the indebteciness , due the Mortgagees with a loss-payable clause in favor of Dtortgagors and Mortgagees as their interests may appear. The Mortgagors aqree to pay all taxes and assessments upon said premises and all other taxes, levies and assessments levied upon this Mortgage and the 1Vote • which this Mortgage is given to secure before the same become delin- quent. In the event the Mortgagors shall fail to obtain such insurance or pay such taxes be£ore delinquent, the Mortgagees may purchase such insurance and pay such taxes or other liens and shall have a lien secured hereby for the amount so advanced with interest thereon at the rate of eleven per cent (11$) per annum. In the event of default in the performance of any of the terms and Condition� of this Mortqage w- the Not� secured by it, the Mortgag�es shall be entitled to immediate possession of the property above described and all the rents, revenue and income derived there- from during such time as the Mortgage indebtedness remains unpaid shall be applied by the Mortgagees to the pa,yment of the Note and all other sums aecured hereby after deduction of any necessary costs of collection. The Mortgagors further agree that payment hereunder shall he made to Mortgagees as joint tenants and in the event of the deatYi of either of said rlortgagees, all payments due hereunder shall be made to the survivor of them who may e::ecute and deli.v�r a zelease hereo� which shall extinguish the interests of all Mortgagees hereunder_ Signed this _� qay of , 1978. � �C=.%..�.s Curtis K. Griess �i�� /�Q-Q� F Dixie Griess Z - ��i�� ,��.,�� -�, �. Arlin B. Y.ic±l � . �:: �J�"/.(,IkJ/�� J �'��.V x Susan K. Kie1 �`� EXIiIfliT "F3" -1- �