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REAb ES~'ATE MORTGAGE Robert A: Meyer and-Vivian G. Meyer, husband ,and wife as joint tenants with rights of survivorship, herein called .the. Mortgagors, in cansideratiori of'Eighteen Thousand-and hof100 Dollars ($18,OU0.00) do hereby moxtgage ta'Leo E. `Modalski ar.dBartara M. Mode2ski, husband'-.and wife, each xn::hxs amdher own right, becexn called the Mortgagee, the following-described real estate in`Hell Cc:nt,,r; and-State. of Nebraskax :.ot Seven (7) oi' :)panty Subdivision of pact of.the South Half of the Southeast; Quarter (Sf,SEa) of Section Six£een (16), Township Eleven {I1)', Range '.nine (9) West of th 6th P,:M., situated ir. Grand Island, Ha11 County,"Nebraska. This Mortgage is green to secure the payment of the crincipal sum of F.~.ghteer, T'r,ousand and no/100 Dollars ($18,000.00) and irsterest thereon, according to the terms of a certain Promissory Note of even :ate, execcted_by;the Mortgagors to the Mortgagees, with Two Hundred Twenty fire andno/100'Dollars ($225.00) being due on the 20th of each month beginning September 20, 1982, and conti.r.urng through August 20, 1987, and"with a final payment of the principal sum cf EiahteenThousand and no~100 Dollars ($18,000.00) becoming due and payable on August 20, 1987, the terms ar.d conditions of which note are incorporated herein and made part hereof by this reference. The Mortgagors scree-to gay all'texes end assessments upon said premises and all other: taxes, levies and assessments levied upon this Mortgage and thehote'which'ths Mortgage is given *_o secure before the same become delinquent. In the event the ator*_aagors shall fail to pay such taxes before delinquent, the Mortgagee may pay such taxes or other liens and.-shall ha~••e a lien secured hereby for the amount ^o advanced-with interest therecn at the rate of fifteen per cent !158) per annum. In the event the Mortgagors default rn t;;e payment of said indebtedness or any installment thereo°, in accordance with the terms thereof, cr otherwise fails to perform any of the other agreements herein, the Mortgagees at their ei.ection may declare *_he entire debt secured by this Mortgage to to d~.~e and collectible at once; and may foreclose this Mortgage for the satisfaction thereof. signed thi~~/ay oh~~~ _~_ ,1982. Robert A. Meye~L -------- % _~y STAT£ GF-.NEBRASKA ) ( ss: County of Hail ) Before me, a Notary Public qualified for said County, personally came Robert A.. Meyer and iris•ian G. Meyer, ausband and Wife as joint tenants with riohts of survivorship, to me know to be the identical persons w,o siyr.ed _.,_ foregcinq instrument a;, c. acknowledged the execution thereof to be theic col.untary act and deed. -. ~ 'v7itr.ess ir•y nand ~-:~. Notar.ial .-eal .~m._~ ~ -_Q_-- ,1982. ~B1Y~1lUi--~~ P:• o t a rP u~b~ ~~~`•s~^-~.~~-__r r.~~,~~