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<br /> 99 109145 �
<br /> Commercial Federal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101. Branch phone number
<br /> ----------- ------------------------------------------- IJ�A-- ---
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<br /> Space above this line for recording data. �lp�����55555555
<br /> � Commercial MORTGAGE - Collateral �
<br /> � Federal Bank Real Estate Mortgage �
<br /> �
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate
<br /> ConsumerLoan 15,000.00 09/09/09 9.900
<br /> i, �+,Yi� A N�II� ar�d PAUI�A J FR�LII�ID ,
<br /> hereby give Commercial Federai Bank,a Federai Savings Bank("Commercial Federal"),whose address is P.�. �X 11�3,
<br /> ��1� 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:
<br /> II�II?TA� VIIS,AV'E S[�DIVISICd�T, LOT 11 BJACxC 1, GR�ID IST�ArID,
<br /> HAI�i.� �dUN!'Y, 1�i2ASIQ�.
<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$ 15�000.00 ,with interest at the initial rate of 9.900 %
<br /> 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.
<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 ihe 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 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 kepi in good repair.
<br /> 5. The property will not be sold (including by land contrect�,leased,and no interest in it will be assigned in any way.
<br /> g. I own the property free and clear of any other mortgages or encumbrances EXCEPT �.S'T �,' ��.rs�a}'' �.
<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 Federal. THE PARTIES AGREE THAT THIS CONSTITUTES A COLLATERAL REAL ESTATE MORTGAGE PURSUANT TO SO.DAKOTA C.L.44-8-26
<br /> (FOR SO.DAKOTA RESIDENTS ONLY). In ihe 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 righi 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 this Mortgage. A power of sale may allow t e Mortgage to take the
<br /> mo gage prope an se i wi ou gomg o cou �n a orec osure ac ion upon e au orrower un er is o gage.
<br /> 09/09/99 V�Yl� A N�II� a �'� ; - .
<br /> Today's Date Borrower s Typed Name Bor o er s n ure -
<br /> PAUI�A J F12EEGEDID
<br /> Borrower's Typed Name orrower's Sig ture
<br /> 1321 SE�N PL Q2�1�ID ISI�AI�ID, NE 68803
<br /> Borrower's Address
<br /> STATE OF �PySI�i )
<br /> ; ss.
<br /> COUNTY OF HAI�L
<br /> On this 9� day of �R� , 19 99 ,before me,a notary public in and for said county, personally came
<br /> V�Yl� A N�II� and PAIJI�A J ��'•F'•��F•ND to me known to be the identical person or persons whose
<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. �,_` ,,;��"����
<br /> WITNESS my hand and notarial seal the day an year �(��,�AA�I.•State of Nebraska ��f�i/�j(, (�� �'
<br /> My commission expires: � �' �ATRINA M.SHUDA � r�.�� r L
<br /> NE-IN-WY-IL-SD-MI-AZ-MN-IA ��Y�omm.Exp.Auc,�4� c's Signature DN-1077 (07/97)
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