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<br />fiEAL STATE PtORTGACE ;~~ "'~- 1} !J E) H
<br />:~yie H. Kemp and Shirley Kemp, herein called the mortgagors,
<br />in consideration of X8,000,0+3, is hand paid, de hereby mortgage to Alvin
<br />L, Kemp and Emma Kemp, as ioint tenaaits and nat as teaan±s in common, herein
<br />called the mvrtge~ees, the follo~:.stg real... estate. in :l~y?1 County, Nebraskan
<br />...Lot Fifteen (15). in:Bloek ate (il, in
<br />Boggy aad Still"s Addition, a:; Addition
<br />to the'Gity af'Caand-Island. hall County,
<br />NebrasIm. (alsa ~~^;^~. a.s 1808 West 12th
<br />Street, C=rand Island.,.-Halt County. Neb^aska )
<br />This; a~ is ,gi~rer. tc secure the payment of the principal
<br />sam of $B,OOOL40, awarding to the terms.of a certain prvadssor~ :ote of
<br />even date, executed''by the mortgagors to the mortgagees, due the ~~ " day
<br />of Iii ...~~_, f:~ ~5.:
<br />'^:;e mez~tgagors further agree to mairttair. irstsaatae upor_ ±he
<br />above described premiaes in an amount. not less'than'the indeb{uEdness due
<br />the mortgagees ~:ith a lass payable clause in favCr of nartgagnrs and ,r.ortgagee'
<br />as their inures±s :nap appear. 'Site aiartgagors agree t o day all :..axes and
<br />assessments upon said premises and. all other taxes, levir:a <nd asaessnents
<br />' levied upon this mortgage and the Hate Erich this mori~ge is given to secu~
<br />before tre same became delizttluent. Itt the event-the aortga~prs shall fail
<br />to obtain such insux~~ztce as pay. such takes before delir.~aent,;the mc~rztgagees
<br />~Y Ftirchase such inauranee 2*ni_pay such taxes or other liens and ahal3 have '
<br />a lien sec~:red hereby fi'~'^ tha amauats advance+i,
<br />in tke event t;Y:e ~aortgagors default' in the payment of said
<br />' indebtedness or ry installment thereof, or j'ai1 '-c pe'-POrz~ any of the outer
<br />agreenenta herein, the r.:artga,c;es at t?-,exr election nay declare the entire
<br />debt sect:red by trt6 mortgage to tie due t;r:d collectible at gnce; and :say
<br />foreclose this :~sortgag far ttte satisfaction thereof.
<br />The mort~ors i`i.--thes agrea :hat payment hereunder sn3.11 be
<br />nw,de to the mcrtgz~-ees 3s joint tenar:ts and in the even± et''either cf said
<br />aertE,^d pees, al;. ~ay~+tenis due nereunde~ smell be ,m_s,de to the s:<rv3-ror of them
<br />' uho ata<v axecuie ~d deliver a ?eicase `__,..._ whYch shill extinguish one
<br />interests of ail mcrt~~ees hereurner.
<br />Sigr:ed this ~ day of , '~tj'.=~=~G~L , 1982.
<br />t r
<br />?4art~agee ~ / t?or`~:,i
<br />i~tartC '~I07'tfgagOr
<br />1 s.
<br />~au~rrr ~ iiALL
<br />~efOrE= :ne, a N~~tary P?ib?ic, personally came Lyle B. Ke~Tp, Shirley
<br />A. 1Gemp,,;41vin L, %enparNi'Emma Kemp, to see Imct+n to be the idertic;7 ~s~ens
<br />xhoe~i~ed *_he ±'oreao3ng instsu[cEnt an3acknoxiedgeci the ?xeceztion thareaf
<br />to be their volunta.+-y ac+ drei deed..
<br />t s'itn~as ay hs,^td artc~~.,IicEk2~1.'4 saal on ~ ~ ~ 19,5<^^..
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