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<br />'' 'i f3EA1 ESTATE MORTCaAGE F ego ate acn-Hr7 rrrru 1 ;,~
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<br />~I L i ,.,. __Se~teirber 2l3, 1.979`__t,
<br />79-- C~ib~1.~
<br />Kenneth R. Keown and Wilma A. Keown, husband and wife
<br />Mortgagors,
<br />aC~ Hall court;a, Nebraska _ in consideration of
<br />the advarae of the principal sum recited ir, the note hereinafter described, receipt of which is acknowledged, Dereby
<br />mertgsge and convey to
<br />THE FEDERAL LAUD BANK OF OMAHA, a Corporation,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />is Farm Credit Building, Omaha, Nebraska 68100,
<br />tlortgagee(sub~ect to oil, gas, and mineral rights o+rr;ed by ,;artier other than Morr~.gagors; existing easements of
<br />record; reservattons 1n. United States and State patents; and the rights of She Fub11c in all highways), thefallowing-
<br />described real estate in Hall cour7ty, Nebraska
<br />SEC. iWP. RG.
<br />Plot Number Two (2) of "Grand Island Farmsteads" located
<br />in the East Half of the Northeast Quarter (E'~NEZ) - - - - - - 34 11N 9 W 6th P.M.
<br />together. with al'_ of the right. title, and interest pf the Mertcaxars in said property, incl.udinr all Dui ldin4s, _
<br />improvements, fixtu rF P urce nos <r rere to acyu a ' ud nr, n , at arat aguipr!en ix re
<br />artiCiesti~ed ec .y -mot, ~-k Iii ,. j. +++r. at :ifs., :-f,.~,c,at 4~ ~~r `~.,a7^ e,-V- - -
<br />ices, ardtt,e furnist'=nJ~ ^ustoma.2.lly ar approp7lyately SaCl.rded by ..u. Pt0 essee5 St...ivul;lig,.D'.lt not °ited to,
<br />mirrors, screens, :villduws, storm w}mows a;;d -u~~ers, csrpetinr aril ~~thar 'lo~'^ ^cver!n3='. n-a-door 3°-u°1•av~2ags, -
<br />•eV, , e „e. ~ ...... .. _.. .. .: _ ear ;:d ~I:t
<br />are daC 13 ed •' h~ s ra^t .i•2 real autat e, whether~E , .-ylf - •t7ed th~ret9 ^r pct*., f-eeme r°~ar ~ -
<br />_ha °£.. __ -_ rnr >-;a yndes,..a ......:.. ......inx't,.. ..... .r lour, -
<br />Ica mind i` ~ . ~t • i ELlb`ET~ THOUSAND SIX HISNDRED ?AND NQ ~ 14Q - - - - _ '_ - - _ r,~ A~4 ;
<br />pe}yab16 in lnsta l?ne:;rs wi tY :[erect. acoording to the terms of said pate, the L~is~ +r~7taliment being Sue and pay- ;
<br />.Die or, the first Say o*„~ October, 1.994 •ihis conveyance shall be void upon the payment of sai~~
<br />6*.!iss^ry note.
<br />T'*a tk '..'age - ar;re t~ ~ y i 1e r.e~ y ^c-t^,r13ee, an each t27stallment date, in adiiiticn to the sums :'equ+2 S
<br />SSI t[.P aD4VP (7PgCrl,te ~ ~ u. y R lt_ , .:. a.1.9 ~. .i,l 3i tU Che amoLillt deterninerl Dy the MOrt.~9gPe ?'eq'1tre1 t0 aCC,Ilftul ate,
<br />1: ~'.,', Ttle -:1SLi.^a77Ce `y'remi' :'n 'tl iii ~ fire ':nd i.t72r hazard Snailra?lr'P l',.OVPr it7: t17t mi,rUgaged Frfm!seS, sod
<br />t^2 n~i e,. ~-nta uxa.. ~e,: t. c•.r: uagr,1 premi~- ?4 day: :•to, he laze 4a; ~~.' tn~°re,^ to
<br />.,e evela*- hKt tl`:e ..m ac^~ , s{ ¢a~n'e:i+ the Baia prim iums, text ~, ur a~~i..~ments G.^e :n:; 7..1-: e.,t, ite
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<br />M4rignr_, +r,il ;~.. _.cs --~f ad .r-- ::.:~m^ y:, !i` to the Dina d.,te ihere.~f. Ali .lr. 1 _*.i7er_
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<br />s*,al: bta a,:}.51:.x: Ott t;7:,-"S•,..,.... t:...~h...a ..r:, ..,7ch 1me na; t`..^> are wl[ttiraan by McI'thsg~=~ ;'or r ,~~:v^~P., of
<br />sal a' Frtm3ums, i:a7i%3, ~._ ..,,~.:'..,..-,....
<br />ibis mortgage is rut,,?er^:., fir the 1 , .-t1,7r.:. - -Flit: FARM ;RF.[?19' AC9` a:;~I all arts ^unanltitory [hereof t ._ 7ta1
<br />'~ .'i,e a.r..r e- .lt '-~i_ ~>,--r- wil'. .t" •,.,ed ti;. th? p'•, p -. 5~~<. •. lflid it -hr tuirt, ,a _,. ''G,. -
<br />.-lt.: Uti Pc,*' °ilii= lot i<.-i t„i 1-rrs :~.~.k t ±•'1^t _° - - - -
<br />4fia t4art7?$gors, and eact2 of them, hereb}• wane^t thr.t. they are fee t~wnerS oP tDe morth,iaad real prvpe rty; that they ,
<br />will dafelld the t.Itle aFalnt x11 claimants whomsoever, and that said property Ss tree from all encumbrances; that i
<br />ehey will kekp all the ;rctra-rements, fixtt,rx sod app:;rtea~nc tr;rllpied and }.27 gvnd repair and };er'mit no arts of
<br />tu. ti7_ __-_ ..,it ;.t r- .,tr ~, _.r >, __ __ _w ~ 1"t., _S ~„ ,. e Wirn r ~ ,
<br />(.lj '541st ttley Wlli Flly When d'1e all tE YP_~, iien5. ,j rSdiM:Pnts, UP 59~'SmC'ttt5 Wttirj7 lp9y DC ?`_t•N?'lllly $~Se 3gnd ^_h"L1CSt
<br />th? property heroin mDrt!raged,
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<br />(~j '14,at they w1I.1 lnsur0 and keep insl7red Gr~iidings er ether improvements now on or which may hereafter be placed }
<br />an said premises to the sat.isfactlon of the Mortgagee, such insuranre pulley shall oe endorsed w, th a mortgat;e Clause t
<br />with e:le less thereunder to £e FayaDie t0 the Mortgagee, ArW sues received may De used to Pay for reranstructi0n
<br />of the destroyed SmprOVemellts; ar, if not sD ap}==fled, may, at the oFLSDn of -the Mortgagee, De applied in prSym227C of
<br />arty indebtedness, matured or tuvnatured, secured by this mortgage.
<br />(3} 141st Sn the event the Mortgagee 1s a party to cry litls;ation aPPect112g the security or t_he 1!en of its mort-
<br />gage,~ inCludl2,(g arp; suit Dy the Mortgagea'ofurec},pre this mortgage or st>,y suit !n which the Mortg,igce may De named
<br />a party defendant in which it is obligated to protect its eights or lien, including ro77demnatien and bankrupt!~y
<br />p.oceediligs, the Mortgagee may Incur expenses and advance payment for aDStract fees, attornoy tees (except tc the
<br />extent prohibited by laW}, costs, expenses, and other charges.
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