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r- <br />86-10515-14. <br />cause to be paid to the said mortgagee, its successors or <br />assigns, the principal. sum of $204,000.00, payable with <br />interest according to the tenor and effect of the <br />mortgagors' written Promissory Note bearing even date with <br />these presents, and shall pay all taxes and assessments <br />levied against said real properties, and all other taxes, <br />levies and assessments levied upon this Mortgage or the Note <br />which this Mortgage is given to secure, before the saute . <br />becomes delinquent, and to keep the buildings and <br />improvements on the above described Properties insured <br />against damage by fire and all other hazards in amounts and <br />with companies acceptable to the mortgagee, with any loss` <br />proceeds payable to the mortgagee as its interests appear <br />hereunder, to keep the buildings and improvements on said <br />properties in good condition and repair, then these presents <br />to be void, otherwise to be and remain in full force and <br />effect. <br />IT IS FURTHER AGREED fly That if the mortgagors <br />: fail to pay taxes or procure such insurance as above des- <br />cribed, the mortgagee may pay such taxes and procure such <br />insurance and the sum so advanced, with interest at 12 <br />percent per annum, shall be repaid by said mortgagors, and <br />this Mortgage, shall stand as security for the same. (2) <br />That a failure to pay any amount due hereunder, either <br />principal or interest., when the same becomes due, or a <br />failure by mortgagors to comply with any of the foregoing <br />agreements, shall cause the whole sum of money herein <br />secured, including principal and interest, to become due and <br />immediately collectible at the option of the mortgagee_ (3) <br />If all or any part of the above properties are sold or <br />transferred by the mortgagors, the mortgagee may, at its <br />sole option, declare all sums secured by this Mortgage to be <br />immediately due and payable. <br />SIGNED this 5 #h day of September, 1985. <br />Witness D 'i3_ APIE S, <br />Witness JEAN ANN SPIEHS/ <br />STATE OF NEBRASKA ) <br />ss.. <br />COUNTY OF HALL 3 <br />The foregoing instrument was acknowledged before <br />me this 5th day of September; 1985, by RONALD H. SPIEHS <br />and JEAN ANN SPIEHS, husband and wife. <br />tJ litâ–ºt cat y <br />AM! iii' 1 <br />