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<br /> Commerciaf Federai Bank,P.O.Box 1 103,Consumer Leans,O�rnaha NE 68101.Branch pf�one number � '�� �
<br /> ------•----------------------------- -------------------------•---- ---- - ---------���
<br /> Spxe above this lino ta rerardinfl data � �� a��i$� �
<br /> ��°���''�'��� lVIORTC,4�E — Collateral
<br /> � Fe�f`�wal�anEs . �ea� Es�ate-Niortgage..�—_ _
<br /> CN�ture ef lndsbtedrteas Losn Am�wnt Maturity Date Initial Intxe�t Rate
<br /> Consumnr Loan� 21,71la^14� Ol/20J09 8.250
<br /> i. GARY' HI�� and VI:CRY d�'� _ _ , :
<br /> harvby give Corr�merciaY Federa�Bank,a Federal Savinpa Bank("Crn�rtxKCial I ederal'),whoso addreas is p.0. � �.1.�3. :
<br /> ��A� H:; 68101 a mortBage,wi'th power oi asie,of the fdiowin t
<br /> 9 property q7ether with alt improvements now or
<br /> harenftx erxted on:he oroperty,and all easemF,nu,riy�h�s a�d appurtenances theroto:
<br /> SEE ATIID:IC�
<br /> If more thr,n ane per,on signa this Mat9apa.tha vford'1'means'we.'
<br /> This Martgaye securea a Ivan mada by Commercial Federal evidence:!'�b y.
<br /> A nete dated the aame date a.:this iUortOape in the amotmt of S j.��716.14 ,with intorest at:he initial rate o! 8.250 'S
<br /> por anm�m,contains the tertns for repayment of that lonn.N thnt note is ever chan�7ed or raplsced try a new note,it will be securod by this Mottgage.
<br /> I promiae the fdlawing things:
<br /> 1. All payrnenta on any note or otha►debt sec!ued by'this Mortprige wilf be paid wfien due.
<br /> 2. An insurance policy fur firo and ez:ended covera,�e will be kerpt in forco on the property in an amaunt at least equaf to the delsts socured by thia
<br /> Mortgage plua any other morteagea listed in parap�aph 8 beJow.Tha insuranca company must be satisfactory to Commercial Federal,and
<br /> Commercial Federel will be a named inaured rn the palicy.
<br /> 3. AII tax�s and assessments cx,the property will be paid bef��re theey beeorr,e dalinquent
<br /> 4. No vraste will ba committed an the property,and'at will�e�kept in yood repa.r.
<br /> 5. The�roperty will not be aold {inciudi�;�by land contracc'j,leated,and ao intereat in it will be aasipned in any way.
<br /> 8• I own the property iree a�d clear of any other mortpapes or encumbrances F.XCEF'T _� ��� ��.��
<br /> 7. Plo other mortpape or lien on the properry will aver be allowed to be in dnfeult cx be foroctwed.
<br /> ' If any of these promiaes are not kepL the�Commercial Federal ca�declare aIl of the debt immediately due end payable without advence notice. �_'
<br /> f Exceptions may be required by law.The intarest rote+wilt ir�erease to 19.00%or any lessor ot the maximum rate ailowable by 1aw at that time,and this �
<br /> 1` ` mor.�»ge can be toreclosad in accoroance with applicably law.!f the dabt is aecelera4ed,then 1 also assign any rent or other income from the properry to
<br /> Commercial Federal. TFiE PARTIES AGREE THAT THIS COMSTITUTES A COLLATERAL REAL ESTATE MORTGP.GE PURSUANT TO SO.DAKOTA C.L 44-8-28
<br /> (FOR Sv`�.DAKQTA RESIDENTS ONLI�. Irt!he eveat of any detauit in the making of any�ymeni or in keeping any covenant herein,this MortQage rnay bo
<br /> foreclosed by action,w by advertisement as provided 6y statute or the rulea ot practice reiating thereto,and thia paragroph ahall be deemed as authorizing and
<br /> constituting a powar of sale as mentioned in said atatvYe or►ules and any art�endment the►eto,and may retain statutory ccsts and attomey fees(SD.WY.MN,
<br /> OK,and Nll residents only;. '
<br /> Certa;n amounu can be paid by Cemmercial Fec1aral and added to tne debt aecured by this Mortflage.Including any taxes w insurance I have agreed to
<br /> pay but 4ai; to,any attomay fees or court exp�ses C,orrmarciat Federal pays it it is made a party at any Iegal actian brought by aomeone else conceming 2he
<br /> propart�•,and any annmey tees w court expenses vohich tha law might allow H C«nmercial FAdera!has to go to aourt against me to edleet the debt or
<br /> fweclwe this mortgege.If any of these thinga hspr�en,then the addiDOnal debt will accrue interest at the aame rate as the rest of the debt and must be paid
<br /> imrtrsd��r.;ely. '
<br /> li mia property is nver condemned under the power ot eminent domain ar any similar rrwthr,r�a{takinp property far p�blic use,anv proceeda of the taking
<br /> will be ps:�.a.^ammercia!Federal up to the full rimount ai the debt eecured.
<br /> Borruwer vva'sve�all right af homestead e�cempti-on in the propesiy and future waives all rights ot redemption,exemption,distributive ahare and dower.
<br /> Noties to Borrower�for Oklehome property): A power oi aale has been grented in thia Mortgage. A wer of sale may sllow tha Nbrtgap�to tak�ths
<br /> mo s s w par�y o cou En e oroc urs a u au y wcr u w a �. , ,
<br /> OY/06/99 C�E�t ��tT _ _
<br /> , Today'a�ate Borrwver s Typed Hame r a ignsture �
<br /> r;�.. �� �� _ -
<br /> 8orrowei s Typed Nama r's Si
<br /> 2547 D�3d�'�TIE AVF�7E C�I�ID T�. NE 69803
<br /> �ofrowers Addiresa
<br /> STATE OF Y� )
<br /> r COUNTY OF HAI�L � �
<br /> r On thia 6�� day oi ' J� ,i s 99 ,befaro rr�,s notary public in snd tw taid counry, peraonelly came
<br /> c� GAI�Y F�T a� VIQ�t A�T . to me known to be the,ida�Beal penon or persons whoae
<br /> �;. nnme is or aro afrxed to Uw above mortysqu.and they,he/�he/they aeomally sclmowledged the saicl instrumsnt snd tl�e axocutio� to be thei:
<br /> y voluntary act and deed.
<br /> a
<br /> 1NfTNESS my hand and notuial saeA the day snd yewr laat written�above. r
<br /> ��, " My commiseion expirer. '
<br /> `a � ,�t 6EIIfAAI NOTMV R1BI' •s Spns D!V-1077 07 �
<br /> ,: NE-IN-WY-IL-SD-MI-AZ-MN-lA �JENNIFER l.9CFrt"lihDT ( /97) ,
<br /> `' Comm. .S�pt�•!.19S9
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