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<br /> 200000704 20000098 �,
<br /> Commercial Federal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101.Branch phone number
<br /> ----- ---- - ---------------
<br /> Space above this line for recording data. -�n �' ��2�J11
<br /> � Commercial MORTGAGE - Collateral �
<br /> Feder�l �ank Real Estate Mortgage �
<br /> �
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate
<br /> ConsumerLoan 8,898.00 11/11/09 5.000
<br /> i, JUDE R BYRNE a�d EILEE�T BYRI� "
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank("Commercial Federal"),whose address is P � � 1103.
<br /> QV��� NE 68101 a mortgage,with power of sale,of the following property together with all improvements now or
<br /> hereafter erected on the property,and all easements,rights and appurtenances thereto: IN UNIUN PACIFIC RAILWAY CU. 2nd
<br /> LC7r 6(SIX) SI+OC3t 137 (� HU1�ID�.2E� Z�TY SEVII�
<br />,DD UF GRAND ISLAND �� �S�� 4��� ��'�
<br /> If more than one person signs this Mortgage,the word"I"means"we."
<br /> This Mortgage secures a loan made by Commercial Federal evidenced by: ,�vith interest at the initial rate of �-n�� —°�
<br /> A note dated the same date as this Mortgage in the amount of$ 8,898 0�
<br /> per annum,coniains the terms for repayment of that loan.If that note is ever changed or replaced by a new note,it will be secured by this Mortgage.
<br /> I promise the following things:
<br /> 1. All payments on any note or other debt secured by this Mortgage will be paid when due.
<br /> 2• An insurance policy for fire and extended coverage will be kept in force on the property in an amount at least equal to the debts secured by this
<br /> Mortgage plus any other mortgages listed in paragraph 6 below.The insurance company must be satisfactory to Commercial Federal,and
<br /> Commercial Federal wiii be a named insured on the policy.
<br /> 3. All taxes and assessments on the property will be paid before they become delinquent.
<br /> 4. No waste will be committed on the property,and it will be kept in good repair.
<br /> 5. The property will not be sold (including by land contract),leased,and no interest in it will be assigned in any way.
<br /> 6. I own ihe property free and clear of any other mortgages or encumbrances EXCEPT �p'� F��� �G �•
<br /> 7• No other mortgage or lien on the property will ever be allowed to be in default or be foreclosed.
<br /> If any of these promises are not kept,then Commercial Federal can declare all of the debt immediately due and payable without advance notice.
<br /> Exceptions may be required by law.The interest rate will increase to 19.00%or any lesser of the maximum rate allowable by law at that time,and this
<br /> mortgage can be foreclosed in accordance with applicable law.If the debt is accelerated,then I also assign any rent or other income from the property to
<br /> Commercial Federai. THE PARTIES AGREE THAT THIS CONSTITUTES A COLLATERAL REAL ESTATE MORTGAGE PURSUANT TO SO.DAKOTA C.L.448-28
<br /> (FOR SO.DAKOTA RESIDENTS ONLY�. In the event of any default in the making of any payment or in keeping any covenant herein,this Mortgage may be
<br /> foreclosed by action,or by advertisement as provided by statute or the rules of practice relating thereto,and this paragraph shall be deemed as authorizing and
<br /> constituting a power of sale as mentioned in said statute or rules and any amendment thereto,and may retain statutory costs and attorney fees(SD,WY,MN,
<br /> OK,and MI residents only).
<br /> Certain amounts can be paid by Commercial Federal and added to the debt secured by this Mortgage.Including any taxes or insurance I have agreed to
<br /> pay but fail to,any attorney fees or court expenses Commercial Federal pays if it is made a party at any legal action brought by someone else concerning the
<br /> property,and any attorney fees or court expenses which the law might allow if Commercial Federal has to go to court against me to collect the debt or
<br /> foreclose this mortgage.If any of these things happen,then the additional debt will accrue interest at the same rate as the rest of the debt and must be paid
<br /> immediately.
<br /> If this property is ever condemned under the power of eminent domain or any similar method of taking property for public use,any proceeds of the taking ,
<br /> will be paid to Commercial Federal up to the full amount of the debt secured.
<br /> Borrower waives all right of homestead exemption in the properly and future waives all rights of redemption,exemption,distributive share and dower.
<br /> Notice to Borrower(for Oklahoma property)� A power of sale has been granted in thi ortgage. A power of sale y allow the Mortgage to take the
<br /> mo gage prope an se i wi ou going o cou �n a orec osure ac�on upon au y orrower er o gage.
<br /> 11/11{99 JODE R BYRN�
<br /> Today's Date Borrowers Typed Name Bor wer's Signature
<br /> . 1
<br /> �II�T BYR�.�'' . �..
<br /> Borrower"s Typed Name rrower s Signature
<br /> 318 W 8TH C32AI�ID ISI�ADID. NE 68801
<br /> Borrower s Address
<br /> STATE OF I�A.S'� )
<br /> ) ss.
<br /> COUNTY OF HAT�L ) ��
<br /> On this 11� day of , 19 99 ,before me,a notary public in and for said county, personally came
<br />� nown to be the identical person or persons whose
<br /> JUDE R BYRNE and III�'E�T BYFt�
<br /> tomek
<br /> name is or are affixed to the above mortgage,and they,he/she/they severally acknowledged the said instrument and the execution thereof to be their
<br /> voluntary act and deed. 1�1 01,C1�NWLV
<br /> WITNESS my hand and notarial seal the day a -s�atE Of NEbf2S
<br />� My commission expires: M1 ' � �
<br /> ,f`�,Tl�INA M.S lic's Signature DN-1077 (07/97)
<br /> ... ..... u �n we� A7_MIU_IA u,.r^„n..�, Frn Aua.
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