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~: REAL ESTATE MORTGAGE KEVIN G. PFEIFER and CINDY K. PFEIEER, here!sna€Eer'.called Mortgagors, do hereby grant a. mortgage to RICHARD J. KITTRIDGE and. MARTHA J, RITTRIDGE, husband and wife, hereinafter called.Mo.tagagee5;, on the f4l~owina described rear es*_ate in Nall Co,.~,nry, Nab~ask„: Lot One (1) ir, Black Three (3} of Park Place Addition to the City of Grand Island; This ma.rtgage is given to secure the payment of the principal sum of $46,4U0.00, together with interest thereon, according to the terms of a cert«in Promissory Note of even date, executed by the Mortgagors to the Mortgagees. As further consideration far this Mortgage, Mortgagors agree to keep and maintain physical damage insurance an the described premises during the pendency of this Mortgage, in an amount of net lbw ti~an $ao,gvi?,isu, wti; ~!ortgagees as iass6cayees under -aid nalir_~_ ,,~,.--., -~- k~ k~~.~a,=a ~.~~--_.~_-ti L~e__ ~.:--, _."a 'sl pr.~v .i a~ ,.~,~i.y y~v~ ~i th ei?idenre that such insurance is in effect in the amount and ror the period of time hereinbefore set out. In the event the Mortgagors default in the S:ayment of said indebtedness, as evidenced by this Mortgage and the Nate executed con- temoraneausly herewith, or if the Mortgagors breach any of the covenants hereinbefore stt nut, Mortgagees, at their e:lecC.ion, may declare the entire debt secured by this Mortgage *_a he duE= at t?nce and !nay Eareclz>s€= this Mortgage for satisfaction thereof. i.~-E z..j eii.3 C:i V iii c`c,eer ci L7 i`t i-? c.e.aL Ci7@ 73a rR}v~PL ii€=irli it €s`~e sFl i~ti be made to hSOrtgagees as jnint tenants and in th€~ f3ve!7t of the d€ath <,f either of said hiartgagees all payments due hereunder shall kre madct tz~ the Survivor of them ar their as;;igns who may execute ~~nd deliver c4~lra~., hereof which snail extinguisrs the interest of all mortyay€•es hc:ree:ncier. Dated this ~". day aF .`,~`k.~ 19€lU. ~*