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<br /> , -"'--- � Spocoah�ow Gvn U��n6x raording data. IA9Tl�i ��OS � A _- ,
<br /> , �dnm��c��l MORI"GA�E -� Callateral "\ ~�:��:�-v
<br /> � �� � �daeras�nk Real Estat� tNlo«gzg� �a ���_,�--.--
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<br /> ��' �� ature of Indebtodrvs3 Loan Mwunt Maturiry Oate Initial Interost Rate =--`
<br /> -, , ,..g � 7.990 �`•;vt.,',�-
<br /> �, � Cansumor Loan 1..,7.42.(J8 ----
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<br /> � ;;�Yi"j�'� hereby�6iv�Com�Federal Bsnk.e Fedorel Sevin a Bank Comma:xlal Faderal') e mort a e,with ow�er oT enle,of the followin ro erty toBether with -�*■��
<br /> 0 (" 8 9 P A P P �•r �;,�_--
<br /> all tmprovemanU now or heroafter erocted on the properry,and all eaaomente,righta end appurtenancoe themto: ._:��•r•---
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<br /> "',� �, IA►L' E3� (6 ��IAM F�A'�F� SIk�N9ICdvT '10 Tf� GITY AF - ----
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<br /> If more thon one peraon nfpna thia MortgnOe,the word'I'meane'we.' ��
<br /> � �� 'r.
<br /> Th{a Mortgspe secures e loan made by Commercial Federol,as briefly described ahove.A note dated the aame date as thfa Mortgape containa the termt for
<br /> � ' ropsyment of th�t loan.If that note is war chanped or replecod by a new note,it will bo aacured by thia Mortgopo.
<br /> � ,l, • , I promise ths foliowinp thinps:
<br /> �
<br /> �-'•��..:'
<br />�,• .,;:�'":; .�• 1, q11 payn»nts on any note w other debt aecund by this Mortgege will be paid wfien due. _
<br />_ _-_, :;µ�.��
<br /> � ' � �;;�{ 2. M Inswance pdicy fa fire and extended coverege will be kept in force o�the property In on emount at teatt equal to the debu securod by this
<br /> � • Mortgaps p�u��ny other mortgspes Iletod in pvaproph 8 bolow The imurance compeny must he aatiafectory to Commercial Fsderal,end
<br />=�.•.�K-. . , Commsrcf�l Fsderel will bs� namsd inaured on the pollay.
<br /> '��a -�w. 3. qll taxN end as�eumsnts on the properry wili bn peid before 4hey become delinquent.
<br />�:.�.�"'� '��;J �' ��-
<br /> J`°����._�)���''-•,-'- 4. No w�tt�wfll 6e committsd on the proporty,and it w+ll bn kept in pood ropoir.
<br />-:�T•-ce,,:i;� J -
<br /> ="��- ''� '' 6. Ths pr�srcy will not he sold (includinp by lond contract►,leased,and no Interost In it wiil be aaalgnod in eny wey.
<br />���'�. � MJ►Ii��R
<br /> __ M>��°-.�'%;:�' 0. I own th�property iree and clear o!eny othsr mortpogei or encumbranees EXCEPT
<br />_ =n :..
<br />-Y,a-±4L S:`.f
<br />�i���ry:?�<< 7. No othx mortppe or lien on the proporty wfil ever be�Ilowed to be in deteuit or be foreclosed.
<br />'r:��t:;.a:.. � -----
<br /> ^���'�`$. H�ny of thete promises aro not kspL then Comrnerciol Fedxel cen declaro NI oi the debt immedietely due and payable without�dva�ce notice.The
<br /> -` '--'��•�`. Intere�t nt�will Incre�u+to 19.009b or any preater nte allowabl�by law�t th�t time,and this monpay�can 6u foroclosed in eccordmcs with epnlic�ble Isw.It ---
<br />��_�.�;_� -
<br /> --== -:�" the debt it accslerated,then I�Iso eufpn any ront a oth�r(ncarw from the proparty to Commerci�l Federel. THE PARTIES AGREE INAT THIS CONSTIMES
<br />—' .�+�„ A COILATEflAL REAL ESTATE MORTGAGB PURSUANT TO SO.DAKOTA C.L 44-8-2b (FOR SO.DAKOTA RESIDENTS ONLY►. In the event of any defauN In the
<br /> ��—`_�'.- -
<br />� '•-rF:'���•��!--• mekinp bi any payrtroot a in kwpinp any covenant heroln,this Mortp�pe may be toreeloaed by ection,a by adverNaement aa providaJ by statute a the ru�e� _
<br />_��'��1�'_+;* of prsctics relatiny thsroto,and this p�nOreph shail bs d�err�l n wthorizinfl and constituting a power oi sale ea mentfoned In seid stetute a rules md�ny = _
<br />"~.��'��••��"�'• ' emendrrwnt thxsto,end m�y rotain statutory coat��nd attomay tees(SD,WY,MN,OK,and MI ro�identa only).
<br />_ - _xA�i,r„+.i., �
<br /> .� •' ``�"• � Cxtein emounU can bs psid by Commereial Federal end edded to the debt eecured by thie Mortfl�gn.They aro eny texa�or inaurance I have apr�eed ta
<br /> 1::' � pay but fail to,�rry attomsy feas or eourt expenaee Commerciol Foderel paya if it is made a party st any legal aetion brought by aomeone else concxninfl the _
<br /> "- � property.�nd �ny attomey fee�or eourt expenwa which the lew mipht allow it Commarclal Federel hae to go to court egainat me to colteut the dett ar --
<br /> . .+�:�. foroclose thfs mortp�pe.If eny oi theae ihinyi heppen,then tho additionai debt wiil accrue interost at tho same rete as the mat ot the debt end muat be paid _
<br /> i '.'-�, immadiatsiY• "°:"'-"°
<br />-- ` IT thli property li�ver condamned under the power of eminent domain a eny eimilar method of Ukfny property for publfo use,my prxeeds of the takinp :A�
<br />- � ' ,� will be pa(d to Commxe(at Federot up to tho full emount of the debt aeaurod. �`'-:=-------_
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<br /> � �-.�.�:
<br />- NoUo�to Borrow�r(fo►0ldahom�prop�rty): A powa o}sels hey Awn�nnt�i in thia H:ortg�q�. A powar ot�el�m�y allow tfi�Mo►tp�p�to tilu th� ,
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<br /> •�. � APR�I� 21� 1997 eorrawe s �gnaturo I�S1Yl�I
<br /> 4 Todaya Dnte �..
<br /> Borrowere Signature � •
<br />= STATE OF I�.� )
<br /> ) 69.
<br /> - COUNTY OF �� 1
<br /> On thi� $1'��-day of �g+ ,t B 97,botoro mo,o notery pu6lic in end tor eaid county, parsonafiy came , �
<br /> R�T��T� to nie known to ba tha fdenticel poroon or persona ose
<br />= nema Is or ero sHixed to the ebove mortpage,end thoy,he or eho sovorelly ecknowlodgod tho aaid fnet�umant and the oxec t ereof ta bo tholr ary
<br /> - " act end deed. �
<br /> WITNESS my hand and notaris I� al th and yoar lest written above. �
<br /> My commiuion expiroa: �
<br /> �9 ro �
<br />_� N�-IN-1fVY-IL-SD-MI- -MN•IA . CEMERAI KOTAAY•S!t tul� DN-1�77 (10/96)
<br /> JENNIFER L 8C INDT
<br /> .s �T= COrtrn.E . t¢4.1999
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