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<br /> 99 106810 �
<br /> Commercial Federal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101.Branch phone number �
<br /> ------------------------------------------------------------------- ---- - ------------�5
<br /> Space above this line for recording data. �n �� ��$�16 Q
<br /> � Commercial MORTGAGE - Coilateral
<br /> � Federal Bank
<br /> Real Estate Mortgage
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate
<br /> Consumer Loan 10,O10.30 07/15/04 6.000
<br /> �, J�P V�IITEF�OORI'
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank('Commercial Federal'),whose address is P.O. � 1.103,
<br /> ��� �' 68101 a mortgage,with power of le,of the following property t t er with all improvements now or
<br /> hereafter erected on the property,and all easements,rights and appurtenances thereto:�t.tSSt,l� (,�{�F{l�,�" �
<br /> IAT 4 (FCXJR) SIAClC 46 (FC�2TY SIR) �AD�ITIO�T
<br /> TO TI� QTY OF G�ID ISI�ADID, HALL OOUN!'Y, 1�BRA.S�.
<br /> If more than one person signs this Mortgage,the word"I'means"we.`
<br /> This Mortgage secures a loan made by Commercial Federal evidenced by:
<br /> A note dated the same date as this Mortgage in the amount of$ 10�010.30 ,with interest at the initial rate of 6.000 %
<br /> per annum,contains the terms for repayment of that loan.If that note is ever char.ged cr replaced by a new nota,i: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 8 below.The insurance company must be satisfactory to Commercial Federal,and
<br /> Commercial Federal will 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 /> 8. I own the property free and clear of any other mortgages or encumbrances EXCEPT OQ�T��lCIAI� FIDERAL #11758123
<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 19.0096 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 Federal. 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 attomey 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 attomey fees or court axpenses Commercial Federaf pays'rf it is made a party at any tegai action brought by someone eise concerning the
<br /> property,and any aitorney 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 additiona)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 Oklahome property): A power of aele haa been granted in this Mortgage. A power of sale may allow the Mortgage to take the
<br /> mo ag prope an ae wi ou going cou in a orec oaure a ion upon e au y orrower un er is o age.
<br /> 07/02/99 JA1�T i�IITEF�00T `
<br /> Today's Date Borrower s Typed Name Borro r s Signature
<br /> Borrower s Typed Name Borrower s Signature
<br /> 619 W 12TH C32A1�ID ISI�AI�ID, NE 68801
<br /> Borrower s Address
<br /> STATE OF l�j )
<br /> COUNTY OF �� � ss.
<br /> On this 2� day of ��Y , 19 99 ,before me,a notary public in and for said counry, personally came
<br /> J�'r ���'�r to me kr.own to bo the identical pers or�persons whose
<br /> name is or are affixed to the above mongage;and they,he/she/they severally acknowledged the said instrument and the execution t ere f to be their
<br /> voluntary act and deed. r—
<br /> �
<br /> WITNESS my hand and notarial seal the day and year last written above. �
<br /> My commission�xpires:
<br /> NE-IN-WY-IL-SD-MI-AZ-MN-IA ���T at e DN-1077 (07/97)
<br /> _ICWIIlQS� rwLn�r�M��
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