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SECOND REAL ESTATE MORTGAGE ROBEnr B. ilENXZNS AND GZNA M. .;ENKINS, husband and wife, herein called the Mortgagors, in consideration of TWO TAOYJSAND SIX HUNDRED DOLLARS ($2,600.77}, do hereby mortgage to DEBRA L. SHERRILI., herein called the Mortgagee, the following described real estate in Hall County, and estate of Nebraska: Lot Twenty-Nine (29), Block Sias (6}, Unit 2, Continental Gardens, an addition to the City Of Grand Zsland. And the Mortgagors do hereby covenant with the Mortgagee and with Mortgagee's heirs and assigns that Mortgagors are lawfully seized of said premises, that they are free from encumbrance, except First Mortgage of record, that Mortgagors have good right and lawful authority to convey the same, and that Mortgagors warrant and will defend the title to said premises against the lawful claims of all persons whomsoever. This Mortgage is given to secure the payment of the principal sum of $2,607.00, and interest thereon, according to the terms of a certain Promissory Note of even date, executed by the Mortgagors to the Mortgagee, due the 30th day of Agril, 19B6, or upon sale of the real estate by Mortgagors, whichever is earlier. The Mortgagors shall maintain fire, windstorm and extended coverage insurance with a mortgage clause on the buildings an said premises in the sum of $65,000.00, with a loss payable clause in favor of Mortgagors and Mortgagee as their interests may agpear. The ~4artgagors agree to pay all taxes and assessments upon said premises and all other taxes, levies and assess- ments levied upon the First Mortgage of record and upon this Mortgage and the Note which this Mortgage is given to secure before the same become delinquent. .n the event the Mortgagors shall fail to obtain such insurance ar pay such taxes before delinquent, the Mortgagee may purchase such insurance and pay such taxes or other liens and shall have a lien secured hereby far the amount so advanced with interest thereon at the rate of 18 per cent ger annum. In the event the Mortgagors default in the payment of said indebtedness or any installment thereof, or fail to perfornn any of the other agreements herein, the Mortgagee at Mortgagee's election may declare the entire debt secured by this Mortgage to be due and collectible at once; and may foreclose this Mortgage far the satisfaction thereof. This Mortgage is subject to a prior mortgage in favor of First Federal Savings and Loan Association. It is specifically understood and agreed that any breach of that prior mortgage is also a i~reach if,~fthis/ Mortgage. Signed this .:~" day of ~f"f! , 1981. -~'~ n~ ~~ Robert B. ins fi /' ti ~~G na M. Jen ns TE a -1-