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<br />79- ~)'~32c~ <br />REAL ESTATE MORTGAGE <br />J. LLITERAS & ASSOCIATES, INC., hereinafter called mortgagor, <br />does hereby grant a mortgage to ARNOLD MEYER and VIOLA ~1EYER, husband <br />and wife, hereinafter called mortgagees, on the following described <br />real estate in Hall County, Nebraska: <br />Lots Fifteen (1~) and Sixteen (16), Garland Place <br />Subdivision, Hall Caunt:-•, Nebraska, located in the <br />Narth Haif of the southeast Quarter (ti~SE;} of <br />Section 23, Township 11 Mort:?, Rance 10, i+lest of the <br />6th P.M. in :.enter Township, exceat fcr praperty <br />conveyed to Frank Stauss Jr., described in the Deed <br />recorded at Book 160 of Deeds at Page 696 in the <br />R~niste_ of neIIds 'Off~~~ Hal' ~ nt=- edr~~k° 'd <br />_, <br />.Deed recorded an February ~, I97QNand except for 1.26 <br />acres cendemzed bt- the State of Nebraska, said <br />candemnation proceedings recorded at page 6-~9 in Boek <br />9 of A.iscellaneous :.ecords in the Hall County Register <br />of Deeds Office and recorded on October 3., 1961. <br />This mortgage is given to secure tt:e payment of the principal sum of <br />~36tl,Qil0.00, and interest thezeo.^., according to the terms of a <br />certain promisso nr rate of even date executed by the mortgagor to <br />the mortgagees. <br />In the event the a~.~rtgagor defaults in the payment of said <br />indebtedness ar any installment thereon, mortgagees at their election <br />may declare the entire debt secured by this mortgage to be due at once <br />a3:d *y°la,' f.`~reClflSe tn15 ;i.t'~rtgag2 far Sat15f3r.'.t3fln thereflf. <br />?~!ort4agor fart*er agrees that pa~r^.:ert hereunder shall be <br />made to s~rtgagees ..r joint tenants and in the event of the death of <br />either of said r,ortgage2s all pa}~ments due hereunder shall be made to <br />t}:e SurVlVt7r Qf them yr t err 3>SignS w:~0 mdV exeCi:Le 3rid deirveZ <br />release hereof k,ic:^ snail extinguish the interest of aI1 mortgagees <br />hereunder. <br />vated this a~j dab ar ~L R !rte- 1979. <br />_ 1 <br />J. LLiTFRAS 6 ASSOCIATES, ING. <br />9' t7 f <br />f r <br />r ;.;; J. J. Lliteras <br />!kite-L. L~iteras <br />