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<br />87- <br /> <br />107050 <br /> <br />r <br /> <br />REAL ESTATE MORTGAGE <br /> <br />TIMOTHY BURKE and JULIA M, WOOLLEY, hereinafter referred <br /> <br />to as Mortgagors, do hereby grant a mortgage unto DONALD L. KELLY <br /> <br />and AGNES M. KELLY, hereinafter called Mortgagees, on the following <br /> <br />described real estate in Hall County, Nebraska: <br /> <br />The East 293.4 feet of the West 586.8 <br />feet of the South 9 acres of the East <br />Half of the Southeast Quarter, Section <br />4, Township 11 North Range 9 West, Hall <br />County, Nebraska. Two acres more or <br />less. <br /> <br />This mortgage is given to secure the payment of the principal sum <br /> <br />of Twenty Thousand and No/IOO ($20,000.00) Dollars, and interest <br /> <br />thereon, according to the terms and tenor of a certain promissory <br /> <br />note of even date executed by the Mortgagors in favor of the <br /> <br />Mortgagee. <br /> <br />The Mortgagors further covenant that they shall keep and <br /> <br />maintain a policy of property damage insurance on the buildings <br /> <br />located on the described premises during the term of this mortgage, <br /> <br />and in a sum of not less than Twenty Thousand and no/lOO ($20,000,00) <br /> <br /> <br />Dollars, with the Mortgagees as loss payees as their interest may <br /> <br />appear; and do further covenant to provide Mortgagees with a <br /> <br />certificate of insurance during the pendency of this mortgage. <br /> <br />In the event the Mortgagors default in payment of said <br /> <br />indebtedness or any installment thereof, Mortgagees at their <br /> <br />election may declare the entire debt secured by this mortgage due <br /> <br />at once. <br /> <br />Mortgagors further covenant to pay all taxes and assess- <br /> <br /> <br />ments levied upon the concerned real estate before same become <br /> <br />delinquent. <br /> <br />~ -:A'day of MCJl>>l..,j.c { <br /> <br />DATED this <br /> <br />, 19 E:.2. <br /> <br />1 t~ ~ ~ <br />T~OTH ~URKE <br /> <br />l <br /> <br />~ ~ 0 ():<lM <br />..JULIA M. OOLLEY. ~ <br /> <br /> <br /> <br />: <br /> <br />( <br /> <br />