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82... 43~~s~c: REAL ESTATE MORTGAGE: r THIS MORTGAGE IS SUBJECT TO the unpaid balance of a Mortgage to Leo E. Modelski and Barbara Mortensen Modelski-dated July 30, 1982, in the ameunt,of Eighteen Thousand and No/1OO Dollars (518,40Q.00). Robert A._ Meyer' and V'iviafi G. Meyer, husbahd and wife as ioint tenants with zrgnts'of suvivorship', herein called the Mortgagors, in cons'idezation o£ Seventeen Thousand, Five-Hundred Ten and xo!i00 Dollars (S17,510.00j do hereby mortgage to' Jeffres Tr:vestments, Ltd, herein called, the Mortgagee, the'following- described real estate in Ha-11 County, and State of Nebras$a. Lot Seven (7) of County Subdivision of part-of the South' Half of 'the Sou heast Qharter- (S#SE#) of Section Sixteen (16), Toxnshio Eleven' (l j, Range Nine {9) West of 'the 6th P.M.,situated in: Grand Island, Hal-1 County, Nebrask_.a.. This Mortgage is giuen'to secure 'the payment of thee. principal sum of Seventeen Thousand,, Five Hundred Ten and No/IOO Dollars (517,510.00) and interest thereon, according to the terms of a cer- twin Promissory Note of e~ren date,`executed by the. Mortgagors o the Mortgagee, with One Huc)dred Seventy-one 'and 62/100 Dollars` (5171.62) being due on the,_1s E day of-eadh month beginning September 1, 1982, and contir.urnu through August 1,`2007, at which time entire indebtedness shall be sati fled, the terms and conditions of which nor_e are incorporated herein and made part hereof by bhis referenc-e. The Mortgagors agree tc pa}^ 311 taxes and assessments upon said pr emsies and all other taxes., levies and assessments levied upon this Mcrtgage and !vote which this Mort^age is given to secure before the sa~:e become dlelanquent. I-n the event he Mortgagors shall Fail t~ pay such taxes before de inquest, the Mor- taaee may pay su_h taxes or other liens: and sha1L-have a-lien secured hereby for the amount so advanced wi h interest thereon at the rate cf fift?en per cent [15~k) per annum. In the event the Mortgagors derault in .the payment of said indebtedness or any installment thereof; in accoYdance with the terms thereof, or otherwise fai s to pezform,any;bf the other agreements herein, the Mbrtgageeat theire.Tection-.may declarethe entire debt secured by this Mortgage'-to be due and-collectible at once; and may foreclose this Mortgage for the satisfaction thereof. ~~~// E . Siyned this~v~-day ofd !_____ _, 1982. Robert A. Meyer Vivian G. Meyer ',j - STATE GF RERRAS KA ) ( ss: COUNTY OF MALL Hefcre re, a Notary Fab is cualified fox sai3 County, personally came Robert A. Meyer and V3wian G. Meyer, Husband and kite as joint tenon±•~ with rights of survivorship, to me known to be the identical persons whc signed the. foregoing nstruritent and. ackgowledged tha executior, thcraof to he their vpluntaryactand deed. Wi*_ness my !:and znd Notarial Seal. on ,..~..~_,~.~?___ 1;9$2. r"' ~ ~M~ey--M+r• Notary.?,ablic: _~v i4~R~