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<br />MORTGAGE
<br />THIS INDENTURE, made this _ _ __I1TH_- _ day of
<br />TERRY LEE KEENE, A SINGLE PERSON
<br />February__
<br />S6. 100786
<br />19 _.86, by and between
<br />of Ha I 1 County, Nebraska, as mortgagor . , and Home Federal -Savings and Loan Association of Grand Island, a corporation
<br />organized and existing under the laws of the United States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />mortgagee:
<br />WITNESSETH: That said mortgagor--__._—.-. for and in consideration ot the sum of NINE THOUSAND FIVE HUNDRED
<br />SEVEN DOLLARS AND 27/100 ------------------------ - - - - -- Wier, (s 9,507.27 1,
<br />the receipt of which is hereby acknowledged, do, e5 _ -- by these presents mortgage and 41.ra t rowtg4ee,'i successors and assigns,
<br />forever, all the following described real estate, situated in the County of
<br />and State of Nebraska, to -wit-.
<br />LOT THIRTEEN (13) IN BERNHARD VOSS FIRST SUBDIVISION, BEING A PART OF LOT ONE (1)
<br />VOSS SUBDIVISION, LOCATED IN THE SOUTHWEST QUARTER (SWQ OF SECTION ELEVEN (11),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., FALL COUNTY, NEBRASKA.
<br />SUBJECT TO A PRIOR MORTGAGE EXECUTED BY YVONNE H. LUND, A SINGLE PERSON TO BANCO
<br />MORTGAGE COMPANY TO SECURE $24,250.00. MORTGAGE DATED MARCH 18, 1976, FILED MARCH
<br />31, 1976 IN THE REGISTER OF DEEDS OFFICE AS DOCUMENT NO. 76- 001641, WHICH THE GRANTEES
<br />HEREIN ASSUME AND AGREE TO PAY.
<br />Together with all heating. air conditioning, lighting, and plumbing equipment and fixtures, including screens. awnings, storm windows and
<br />doors, and window shades or blinds, used on or in connection with said property• whether the same are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME. together with ail and singular the tenements, hereditaments and appurtenances thereunto be-
<br />longing, or in anywise appertaining, forever. and warrant the title W the same. "'Bid morgagor hereby covenant 5_ with said
<br />mortgagee that he j_S_ - . at the dehvery hereof. the lawful owner of the premises above conveyed and described.
<br />and ___1S__ -- seized of a good and indefeasible estate of inheritance therein, free and dear of all encumbrances, and that.____ he __ -_ will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever. NINE THOUSAND
<br />PROVI DED ALWAYS, and this instrument is executed and delivered 4o secure the payment of the sum of -_ _..___
<br />ElVE. RUNDRED_ SEVEN.. DOLLARS _.AND 2-71100 _------ - - - - -- - - - - - -- Dollars (S _ 2,.507-.27. - - -- ___ _ - _.. ).
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor . ._._ to said mortgagee, payable as expressed
<br />in said note, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor S.
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors. or any of them, may we i o
<br />said mortgagee, however evidenced, whether by note. book account or otherwise. This mortgage shall remain in full force and effect between
<br />the patties hereto and their heirs. petsonal representatives, successors and assigns. until all amounts secured hereunder, including future
<br />advances, are paid in full with interest.
<br />The mortgagor ._ _ hereby assign .... S Lo said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorize said mortgagee or its agent, at its Option, upon default, to take charge of said property and collect all rents and income
<br />therefrom and apply the same to the payment of interest. principal, insurance premiums, taxes, assessments, repairs or improvements
<br />necessary to keep said property in tenantable condition. o to other charges or payments provided for herein or in the note hereby secured. This
<br />rent assignment shalt co rinnue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to assert anY of itF rights hereunder at any time shall not he construed as a waiver of its right to assert t he
<br />same at any later time, and to insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />If said mortgagor shall cause to be pad to said mortgagee the entire amount due it hereunder. and under the terms and provisions
<br />of said torte hereby secured, including future advances. and any extensions or renewals thereof in accordance with the terms and provisions
<br />theroof• and R amid mortgagor - _._.._. shall comply with all the provisions of said note and of this mortgage, then these prevents shall la, void.
<br />otheewise to remain in fall hmee and effect, and said mortgagee shall be entitled W the possession of all of said property, and may, at its opt ion.
<br />daelere the whole of said note and aU indebtaidness represented thereby to be immediately due and payable. and may foreclose this mortgage
<br />OF Late any either legal action to protect its right. Appraimment waived.
<br />This mortgage &hall be binding upon and shall enure to the benefit of the heirs. vios-utors, admmtstraton. successors and as.sitms of the
<br />respective parties hereto
<br />IssNWITNESS WHERFOF, said Sfortetagea ha hereunto met ill i hand Ina dap and ,,at fir,t abn,•
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