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SEC®ND REAL ESTATE MORTGAG' <br />~2""` uU06Q2 <br />WAY'NE P. THESENVITZ and GLORIA J. THESENVITZ, huslaand and wife, each <br />in his a:nd her own name and right and as spouse of each other, 6ortgagors, <br />in consideration of Seventy Five Thousand and no/100 -_- <br />($snt7~(ln ) received from Banlr of Wood Raver, a Nebraska banking <br />corporation, Mortgagee, mortgage to Mortgagee the following described real <br />estate (as described in Section 76-201 of the Revised Statutes of Nebraska, <br />1943) in Hall County, Nebraska: <br />The South Half of the Southeast quarter (S~ SE's), the North Half <br />of the Southeast quarter (N~ SE's), and Lots Five (5) and Six (6) <br />in the Northeast Quarter {NE's), all in Sectior_ Nine (9), Town- <br />ship Nine (9) North, Range Eleven (11) West of the 6th P.M., in <br />Ha l County, Nebraska. <br />The real estate is subject to a mortgage to The Equitable Life <br />Assurance Society of The Anited States, a New Xork corporation, dated <br />December 1, 1979, filed in the Office of the Register of Deeds of Hall <br />County, Nebraska, on January 15, 1980, retarded as Document No. 80-000200, <br />and referred. to in this Second Real Estate mortgage as the "First <br />Mortgage." <br />This Second Real Estate Mortgage is given to secure the payment of the <br />principal sum of Seventy rive Thousand and no/100 --- ($ 75,000.00 ) <br />and interest from February 13 1982, atSPVC?nfiPen (~) percent <br />per annum, the principal and interest payable pursuant to the terms of a <br />Promissory Note Sated February 13 , 1982, due and payable on <br />December I 198 2, as provided in the Promissory Note for <br />which this Second Real Estate Mortgage is given. as security. <br />Mortgagors agree to pay all maturing installments of principal and <br />.interest on the First 4ortgage when due, and to pay all taxes, levies and <br />assessments levied. upon this Second Real Estate Mortgage and the Promissory <br />Note which this. Second Real Estate Mortgage is given to secure before <br />payment is delinquent. If Mortgagors fail to pay the payments due on the <br />First Mortgage or the taxes, levies and assessments before delinquent, <br />Mortgagee may pay the payments due an the First Mortgage and the taxes, <br />levies and assessments or any other liens Mortgagors permit upon the real <br />estate:, anti Mortgagee is given a lien secured by this Second Reai Estate <br />~iartgage for the amounts advanced by Mortgagee, with interest at the <br />hl.ghest legal. rate. <br />Mortgagors agree to insure the improvements on the real estate against <br />loss. dy fire or q=.her casual*_y in the sum of at least S d~ p((~ 00 <br />fibs insurance poliey is to be endorsed with a mortgage clause with loss <br />payable. to the mortgagee of the First Mortgage, Mortgagee and Mortgagors, <br />as their interests appear. If Mortgagors fail to secure the insurance, <br />mortgagee may secure the insurance and pay the. premiums and is given a lien <br />