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<br /> � S ace abo•ro this li�e for recordin ata. "' _
<br /> � .. :' Commerc��l IVI�f�TG�4GE � Collz�te�ral �;T�''r
<br /> � ����� Fe��al�Ac Real Estat� Nlortgaga � ��
<br /> � � � ��� ���
<br /> � Initial In4erest Hete
<br /> ��,� �turo a Indebtodnesa Loen Amount Mawrity O+te
<br /> � y # Consumerloan Z5,495.33 _ �'���
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<br /> ��;:,:� �. �D J id�J�4t �ld I�a`�� d
<br /> �"�`���`` � horeby pive Cmmmorcl�l Faderel Bank,o Fedeml Savirtga Bank('Commerc�al Fednrel') a matgepe,with power af aale,oi the tollowing propartV together with =�
<br /> :i'i::-"�.
<br /> ��t�f, all improvernenu nrnv or hereaftor erectal on tha property.�nd all sasemenU,riphu end uppurtenancns thereto: �.;�:e%
<br /> ' �'IETY F�.t (54 FELl' OF Y�T Fl� (5) �AC�C Ti� —_
<br /> • ,:';�-��' �r�c' lg6 �,�O�PYY��J1IDPi`�CN. 'N 'A3E CL'!'Y OF C,RIlt'8a --
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<br /> 1�::'"; , o,xheword•N means'we.'
<br /> ��•t;�. If morm th�nona P��aipna this MortOap
<br /> F.�. •
<br />-, rep iayenent M lhat loenu%f that no es�ever che god orF P�a ed by a n'eyw note.hit v+a�bo sxur�ed by t�a Mortpage.ate es this Mortgage containn tho terms�x
<br /> • i' .' I promiso tha tollowinp thinps:
<br /> _-. ''�'��;
<br /> �,�:�ti. ' 1. All paymonte on eny�ote or other dabt aecured by thla Mortgape will bo paid when due•
<br /> ' " r 2. M inaurenee policy tor fire and axtended wvenGe will be kspt in toree o�tho prope►ty In en amount at leost equal to the debU securod bythis
<br /> . , Martpqe plua eny otha mortpoges Gstad in parograph A 6elow.The inauronce canpa�Y muat b°°adsf+�tory to Commerci�l Feden�,snd
<br /> � Commemitl Fedaal vuii�ba a nemed insurod on the policy.
<br />- � �• 3. All taxu and assessmentd on the propertYwi�� he pefd beforo they beeoma dofinquont
<br />_''s. �'
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<br /> __R,;;;,k�y�i�. 4. No wnato will be committed on the propary.and it will be kept in pood rnpelr•
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<br /> °°"��. "t%�`'�'• 6. The�roperty wfll not be sdd (tnctuding by land conVect),teaiad.and no interest in it will bo euipned in any uvay.
<br />.�-�..";::�;�C�*i1:T' �Aal i'ii�
<br /> - ��r��Svr 8. I own the properEy frse And clear oi ony other mort�apa�or encumbrancee F�(CEFT _
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<br />'i%�#;�:J�},i'.���y
<br />- •,���r�,','i 7. No ather mortp++pe or lien on ihe property will mnx be allowed to bo in ddeult orbe torecloaed•
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<br /> H any oT theas Promises aro not kspL then C.om�r�erch�Fedsn�cen declare all ot thedebt immed�steiy due and payable v�ithout edvance mc�tice.The
<br />� "°=��r�`�� interost nte w+ll increaae to 19.0096 or�ny prsata rats�Ilowabie by law at ihst time,andthia mortpape can lse toroclosed in accordence with�pplicebfat�w.If _
<br />,,,,.a i(�'� ths debt b�cceler�ted,than 1 alw�ufgn any�nnt or other incoms from th�properry to Camrmrcial FederaL THE PAR7IES AGREE THAT TH�S CONSTITUTES
<br /> ° A COLlA7EFiAL REAL ESTATE MORTGAGE PURSUAMTO SD.OAKOTA C.6 44-&Y� (FOR S0.DAKOTA RESIDENTS ONLY►. In the event ot�ny dafault In the
<br />�•-=�*''"''"�' rtukinp ot eny payment or in ksepfnp�ny eovenant heroin,thie Mortpape rnny ba taecla�d by aetion.w by edvertieer+»nt as providod by etatute or the rul�s
<br /> „4.'''='"-� ot practice rel�tinp thereto,and this p�ngnph shdl be deerned as eutho�idnp and constiNtinO e Powe►of aalm�e mentioned in said sUtute or ruta and ony
<br /> ' ;•3r�•__• • amandmen4 thoroto,�nd may rotai�stetutory costa end ettomey i�es(SD.IMf.MN,OK,Nd MI roaidents onlVl•
<br /> � Cerqfn enwunts un be paid by Comme►eia�Fedoro�+�d eddad to the debt aecured by thia Mortpa0e.7hey ero any taxee w inaurance I have epreed ta
<br /> - pry but t�fl to,�ny�ttomey fee�or court expansea Coromerci�l Fedarel paya if it is msdee party et any ley�l acUOn brougM by aomeone eise concemfng the
<br /> property,end sny�ttomey fees or eourt e�anae�wldch Ehe liw mtght eilow if Commerou� federat hn to po to court apainat me to coitect tho debt a
<br /> - ' ' {��p��i��rtpapm.If any of those thinga heppon,fhma ahe edditional deht will eccme interert at the aame►ate es the reat o4 tho debt and rnuit tse paid
<br /> immediatdy.
<br /> ? � H tfiis propary is ever ccndomrted under tfie power of eminent domnin or any aimihr mathod of takinp property for puhltc�ua,any procnr.c!aof the teking _
<br />' i } will bo pald to Cwemorcial Pcdonl up to the tull emount of tho dobt eoc:urad. _-_
<br /> i Notio�m Bort�w�r(ta Okl�homa 1: A w�r of n�l�h�i bNn ranLrd In thb M e s. A w�r of��1�m� �Uaw th�Mortp�po to tak�u�e
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<br /> ,� rror»rs ip turo _
<br /> - . , . STATE OF I� � ss
<br /> • COUNTY OF e�.T� 1
<br /> On ihis 3� day oi n�� .19�.beforo mo.a notary public in and iw eaid counry, paraonolly camo
<br /> �� J � �����i�'� to me Moown to bo the idunt�cal peraon a pvraa+a wh
<br /> , name i�or ore alGxed to the ebove martOapn, nnd thcy,he w ehe soverelly eck�mrledp�d the mid matrument and the oxxution th f to tw thrt vo1 n ary
<br /> ect and doed. � ,
<br /> � 'NIT�fESS my hand and nm�rial seal tho dayand year lest wntten ebave. � `� �
<br /> 4
<br /> - My cummiasion oxp�ros: —
<br /> etur
<br /> �GENEMI M01M DN-1077 (10/96)
<br /> • NE-IN-YYY-IL-SD-MI-AZ-MN -IA �EHNIFHR L��ND'f �
<br /> "�P.N�+nn+.C 6sPt£��1999
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