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r 81--(10235 THIRD REAL ESTATE MORTGAGE RpBERT B. SENKZNS AND GZNA M. JENKINS, husba_^d and wife, herein called the Mortgagors• zn consideration of SIX THOUSAND NINE HUNDRED DOLLARS ($fs,900,00J, do hereby mortgage to CURT IS G. SHERRILL, herein called the Mortgag~a State of following described real estate in Hall County, Nebraska: Lot Twenty-Nine (29), Block Six (6), Unit 2, Continental Gardens, an addition to the City Of Grand Island. And the ;2ortgagors do hereby covenant with the Mortgagee and with Pksrtgagee's heirs and assigns that Mortgagors are lawfully seized of said gremises, that they are free from encumbrance. except First Mortgage of record, that Mortgagors have good right and lawful authority to convey the seise, and that Mortgagors warrant and will defend the title to said premises against the lawful claims of all persons whomsoever. This Mortgage rs given to secure the payment of the principal sum of 56,940.00, and interest thereon, according to the terms of a certain Promissory Note of duenthet30th executed by the !~tort~agapont-sale ofotheageal estaf.e by day of April, 1956, Mortgagors, whichever is earlier. The Mortgagors shall maintain. fire, windstorm and extended coverage insurance wi+heasumrofaS65c000s00 nwith a buildings on said pzemises in 3oss parable clause in favor of Martgagars and Mortgagee as their intezests may appear. The Mortgagors agree to gay all taxes and assessments upon said premises and all other taxes, levies and as~ess- ments levied aeon the first Moztgage of record and upon this Mortgage and the `lots which this Mortgage is given to secure before the same become delinquent. In the event the Mortgagors shall tail to obtain such insurance or pay such taxes be~ore delinquent, ta.e Mortgagee may purchase such insurance and pay such taxes cr gather liens anri shall have a lien secured hereby for the amount sa advanced with interest thereon at the rate of 16 per sent per annum. In the event the Mortgagors default in the payment or said indebtedness or any installment thereof, or fail to perform 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 for the satisfaction thereof. this Mortgage is subject to prier mortgages in favor of ' First Federal Savings`and Loan ~ssociat~derstLoodcand agreed Debra i.. Sherrill. I.. is specifically that any breach of either of those mortgages is also a breach of this t~rtgage. ' z -~ ~`~ ;{ 1961. Signed this .~~- day of - / Rebert B. ~e ir.s `.-, .-. 1r. , ins M. ~ estTci--n,P j -1-