99103529 - Laserfiche WebLink

Browse

Crn = �,p � cn W = D v � � c,a o --� c � T � ' t� = N r^ � "< o � �- � c�� o -,� C� c� � � T � T z � � r � m � � D W � � � � �+ 0 � t— D � � � � N � � � � � D � � � ClZ C� �p � � 9g�� Z a Commercial Federal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101.Branch phone number � ------------------------------------ ------------------------- --- - -- --------� ------ -- --Space above thistine for recording data: — � �T ��b� a � Commercial MORTGAGE - Collaterai � Federal Bank Real Estate Mort age g Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate Consumer Loan 19,125.00 03/20/03 7.250 i, RCN! SC�II�IDII2 azxi IQ�RIId SQ�IDIIt • hereby give Commercial Federal Bank,a Federal Savings Bank("Commercial Federal"),whose address is P �. �X 11�3. Q�]�� '' 681�1 a mortgage,with power of sale,of the following property together with all improvements now or hereafter erected on the property,and all easements,rights and appurtenances thereto: R06.S I�IGEiTS. S�OCa�ID (2PID) SI�. LOT �n10 (2) . C�A1�ID ISI�AI�ID 1�R�SIQ�,, HALL C�OIIJNPY. If more than one person signs this Mortgage,the word"I"means"we." This Mortgage secures a loan made by Commercial Federal evidenced by: A note dated the same date as this Mortgage in the amount of$ 19��7�.00 ,with i�terest at the initial rate of 7.250 % per annum,contains 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. I promise the following things: 1. All payments on any note or other debt securdd by this Mortgage will be paid wher�tSue. 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 Mortgage plus any other mortgages listed in paragraph 8 below.The insurance company must be satisfactory to Commercial Federal,and Commercial Federal will be a named insured on the policy. 3. All taxes and assessments on the property will be paid before they become delinquent. 4. No waste will be committed on the property,and it will be kept in good repair. 5. The property will not be sold (including by land contract),leased,and no interest in it will be assigned in any way. 8. I own the property free and clear of any other mortgages or encumbrances EXCEPT �� F '��i+ �� 7• No other mortgage or lien on the property will ever be allowed to be in default or be foreclosed. If any of these promises are not kept,then Commercial Federal can declare all of the debt immediately due and payable without advance notice. 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 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 Commercial Federal. THE PARTIES AGREE THAT THIS CONSTITUTES A COLLATERAL REAL ESTATE MORTGAGE PURSUANT TO SO.DAKOTA C.L 448-28 (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 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 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, OK,and MI residents only). 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 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 concerrnng the property,and any attomey fees or court expenses which the law might allow if Commercial Federal has to go to court against me to collect the debt or 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 immediately. �t this properiy is-ever condommned under the pawer of erninent doma+n or ary similar methed ot taking property for publie uae,eriy proeeeda of ti►e takir�g will be paid to Commercial Federal up to the full amount of the debt secured. Borrower waives all right of homestead exemption in the properly and future waives all rights of redemption,exemption,distributive share and dower. Notice to Borcower(for Oklahoma property): A power of sale hes been granted in this Mortgage. A power of sale may allow the Mortgage to take the mo ag prope an ae � wi ou going o cou in a orec osure a on upon e au y orro r un er is o gage. 04/Ol/99 RCM SC�Il�IDII2 �� Today's Date Borrower s Typed Name orro " Signature � .�'�� Borrower s Typed Name Bo wer s Signature 4187 NEVAUA AVII4[JE C32�ID ISZAl�ID. NE 68803 Borrower s Address STATE OF � 1 ) ss. COUNTY OF HALL ) On this �T day of �L , 19 99 ,before me,a notary public in and for said county, personally came �� n�� j� to me known to be the identical person or persons whose name is or are affixed to the e/they severally acknowledged the said instrument and t#�e execution thereof to be their voluntary act and d . �� WITNESS my ha d a notar�F�Q�e��a� t written above. My commission expir �Cipfllf'�I.t1�• "� � NE-IN-WY-IL- -MI-AZ-MN-IA Notary Public's Signature DN-1077 (07/97)