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t'y M S Y u n to o <br />t- Z n 2 m~ N <br />S <br />M D <br />n H <br />o <br />CD <br />2 0 0 3 01812 REAL ESTATE MORTGAGE 10 00 <br />GAIL KLTNGSPORN and CHERI KLINGSPORN, Husband and Wife, as Joint <br />Tenants, hereinafter called Mortgagors, do hereby grant a mortgage to CHARLES A. <br />MEAD AND JUDITH A. MEAD, Husband and Wife, hereinafter called Mortgagees, on <br />the following described real estate in Hall County, Nebraska: <br />Lots Seven (7) and the West One -half (1/2) of Lot Eight (R), <br />Block Six (6) MacCall and Leflang's Addition to the Town <br />Of Wood River, Hall County, Nebraska. <br />This mortgage is given to secure the payment of the principal sum of Forty Thousand and <br />No/ 100 ($40,000.00) Dollars, and interest thereon, according to the terms of a certain <br />promissory note of even date executed by the Mortgagors to the Mortgagees. <br />In the event the Mortgagors default in the payment of said indebtedness or any <br />installment thereon, Mortgagees at their election may declare the entire debt secured by <br />this mortgage to be due at once and may foreclose this mortgage for satisfaction thereof. <br />Mortgagors further agree that payment hereunder shall be made to Mortgagees as <br />joint tenants and in the event of the death of either said Mortgagees all payments due <br />hereunder shall be made to the survivor of them or their assigns who may execute and <br />+deliver release hereof which shall extinguish the interest of all Mortgagees. <br />DATED this I's_ day of �1 2003. <br />GAIL `KLINGSP"TV� POFN' <br />'14 �Il� Lary <br />STATE OF NEBRASKA <br />J ss <br />COUNTY OF HALL !) <br />On this � �5 day of -}fil 03, before me the undersigned a <br />Notary Public, duly commissioned and qmh for in said county, personally came Gail <br />Klingspom and Cheri Klingsporn, Husband and Wife, to me known to be the identical <br />persons whose names are affixed to the foregoing instrument and acknowledged the <br />execution thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal the day and year last above written. <br />GFNE71At NOUNS' • Sb! d NeMyyyJ <br />KAYKE8atENJOHNSON <br />5N Crum. ENr. JutyS, 2005 <br />My commission expires <br />