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<br /> ------------------------------ I�sti �s 209639 —-- -
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<br /> ------- ------ �bava chis hne ior reccxding d�ta. t;���c^`_--
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<br /> ���ya1 MORTGAGE - Collateral �����_-----_
<br /> z� r Fed�ra/ Bank Re�l�state Mortgage �{��-- -� -
<br /> �* � -
<br /> ������t rylpturiry Date Initial Intxsat R�te
<br /> Nature ot�ndebtadness 7,750 ----
<br /> � Conaumsr Loan 13,133.80 =°-_
<br /> � �, T�Y R�1� a�J�'II�' � a,x+th power of aala,of the followinq property together w+th
<br /> hx�6y piw Comrrnrcial Fedsnl Bank.a Federal Savinpi Bant(•Comrtwrcial Federol') a mo�tpa{� �-".=.-`..
<br /> `� sll imprarom�u now w hereafler wectsd on ths property.Md all aasemsnt�.riphts and�ppurtenanees ther�to:
<br /> LOR'ELQiT (8�ffiAC��'� � 22 • C�� ��g ,
<br /> I�iLI� �PY NF�211�iA� ����
<br /> �ITIQJ 'ln QTY OF QiAID . �,�
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<br /> , It more th�n ons psrra�sipna thft Mortp+pe.th�wad�I'mean+wvs.'
<br /> Thfs Mortyape securei s lan rnads by Canmsrc���Fedar�,sa 6riafly desctibed above•A note dud the same dat�as thit Mortp�pe contains the terms tor
<br />- - repayrnent of that losn.It thet note is ever r.hanqsd a rspt�eed by�new note,it will be�ecured bythis Mortgage.
<br /> _ , I promiH tho tdlowirW thinys:
<br />- �� 1. All payrt�snu on�ny nota or other debt secund by Uus Mortyape will be Pa�d wfisn due.
<br /> , .. � • 2. An inwranc�pdicy ta fi►s and exts�ded coverqc xi��ba kept in foree on the properry in rn smount�t leut sqwl to the debts s�cured by this -
<br /> • Mortp�p�piw�ny othw mortO+GN listad in pK�p� e��.Th�in�urancs canpu�Y �t b�satiNactory to Commerciai Fedenl.�nd ;,F_
<br /> Comm�rcial F�d�r+l will 1»a nartad in�ured oe th�Pd��Y•
<br />-�` 3. Atl tax�a and aa�sments o�the Proprrty w�ll ba Pud Defo�thsy becoms d�linquent.
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<br />- 4. No waate will be commitled on ths propsrty.�nd itwiil be kept in pood rop�ir.
<br />�.ti i"` .`�� � 6. The P►�Y�II not bs�dd (includinfl by Isnd convsct►.leaa�d.and no interest in it will b�asipned in eny way.�L
<br />�a� .�:�'r` �: 6. 1 oum th�prop�rry fr�e end clear o1 any other mortpqei a encumbwncss EXCEPT ��
<br /> ' - 7. B►o othar nwrtp�ps a Iien on the property will eva bs��nwsd to be in det�ult or be forecbssd_
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<br /> �"'.. �_ Ii�ny ot thsN promfaet are not kept th ator���a��We by aw at that tima,and thh tmarlp+�ya wn M for�cbaYid in accurda�cs with pP��b•�.It
<br /> �,J..A M1,.,•..M; mt�ss�ro�e witl incrww W 19.00Kr or:ny� to�����-�K�I• THE PARTIES AGRCC 7HRT THIS C4NS71TllTFS �___________ _
<br /> the dsbt i�occ�lented,then I elw�uip��ny ront or oth�rincoms trom th�prop��ty
<br /> A COLIATfRAL REAL ESTATE MORTGAGE PUflSUANT TO SO.DAKOTA C.L�i4-8-20 (FOR SO. OAKOTA RESIDENTS ONL1�. In ths event of�ny ddault in tha _
<br /> - '"� mskinp of�ny p�yn+ent or In keepfnp any covenant hKSin,this MortpWe�+�+y�t�l��y��•«by�V°nia�nent as pro�rided by�tatuta or the rulas
<br /> • �:t,. of practice rNstinp thxeto,�nd thi�panynph�hafl br dem+sd u�uthorianp and eon�Gtutinp a power of sals ss m�ntioned in�aid etatute a rula�nd a�y -
<br /> em�ndm�nt th�nto,and maY rotain statutory eata�nd anar.ay fae+iSD,WY.MN,OK,�nd MI rnidenU on�Yl.
<br /> Certain emamts an be paid by Commetelal Fed�ral Md Mlded to ths de6t securod by thia A1o►Zpqs.They ero any taxoo ar inaursnce I have W resd to ___ _
<br />- pay but fNl to,any ariomeYtee�a court expenass Canmxc��1 Fad�ra�PaYa if it is mads a party�t sny legal�ot�on brouphf by aornsons elne concsminp the _
<br /> t propsrty.and any sttomey fees a court expenssa wiii t���d�=h«!a'I debt wilrl accruea'�ot�u st the same rate a�he roat o the debt and mwt be psid _r
<br /> `? torsclo�e this mortpaps.Ii my o(the�e things happw+.
<br /> ; immediatNy. ';
<br /> �� It this prop�rty i�s�tondemned under ths powar d etri�ent domain w sny nirtular method of tekinp property for public use,any proceedi of the tnkin0 . _ .
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<br /> % will bs paid to Comrnsicial F�deral up to ths tull emax�t d the dsbt�scurod. - - -_
<br /> " Notiea M Bortow�►(ta Old�hom� $ A �r ot��I�ha�b� nnt�d in thi� _ A vw►of�N�ma �Ibw th�MortO to t�fn tM °t:'-���:
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<br /> Today s bate �T 11♦ 1997 °`^""'°'•'""•».�- -�- --- !
<br /> _ c � - - -_- ---
<br /> Bortowers SignatY
<br /> STATE OF I��ISI� 1 �
<br /> 1 as• �
<br />- COUNTY OF �+ �
<br /> On this �.1� day of � .19 97 ,betae me.s notary pu6lic�n and ta aa�d eounty. perwnally came
<br /> � R�*n,n.�� a�JA��. �� io me known to be the�dont�cel purson or personm whose
<br /> i name ii or ere oH�xed to the ebove mort0ape•u�d they.he or she severally ecknowled9ed�ha ard�mtrument and�ha oxocut�on thareot to bn the�r voluntary ,.
<br /> ect and dsed. �
<br /> � WITNESS my hand end not�nal seal the day and yex last wntten ebove � ,
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<br /> � !Ny comm�as�on expues� Nota '
<br /> NE-IN-WY-IL•SD•MI-/1Z-MN•IA ^CE�µ��qiMV�1M��� DN-1077 (10/96)
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