87101146 - Laserfiche WebLink

Browse

a C©tranercial Federal �7— 101146 S S,vkhp. A Lon, A"Odatbn Conesi Loan Daparthnarht MORTGAGE V.O. am 110.E D.T.S. Omaha. ME 68101 (402) 554 -9595 I, Howard C. Bunngr and Judy M. Bunner hereby give COMMERCIAL FEDERAL sm—me.c.amm l Nine WW nw R.WM..WW _ SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property: Lot 6, Meadow Lane Subdivision, Hall County, NE it more than one person signs this mortgage, the word 'F means -we-. This mortgage secures a loan made by Commercial. A note dated the same date as this mortgage contains the terms for repayment of that loan. If that note is ever changed or replaced by a new note. it will still be secured by thus mortgage. 1 promise the following things: 1. All payments on any note or other debt secured by this mortgage will be paid when due. 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 6. The insurance company must be satisfactory to Commercial, and Commercial 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 U be m y. 6. 1 own the property free and Gear of any other mortgages or emirrrtxances except: n,' eT�OT oT Fnr,m tmarm 1 kft 7. o 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 can declare all of the debt immediately due and payable without advance notice. The interest rate will increase to 19.00% or arry greater rate allowable by law at that time, and this ffmirigage can be foreclosed. If the debt is accelerated, then I also assign any rent or other income from the property to Commercial. Certain arTiomts can be paid by Commercial and added to the debt secured by this mortgage. They are any tarns or insurance 1 have agreed to pay but fail to, any attorney fees or court expenses Commercial pays if it is made a party to any legal action brought by someone else concerning the property and any attorney fees or court expenses which She low might allow it Commercial has to go to court against me to collect the debt or foreclose thirs mortgage. If any of these things happen, Glen the additional debt will accrue interest at the same rate as the rest of the debt and must be paid arsrr_ If Gus property is ever condemned under the power of eminent domain or any sirmiar method of faking property for pubic: use, any proceeds of the taking will be paid to Commercial up to the hill amount of the debt secured. sortcrea sgnase - STATE OF NEBRASKA ) COUNTY OF Ha 11 ) ss- On this 25.. 31t1 ye m 19 87 , before e. a rotary public in and for said county. personally came to me known to be the idea bcal person or -- - persons whose name is or names are attired to the above mortgage. and they, he or she severally acknowledged the said -- instrument and the execution thereof to the Ow vn_ untary act and dew WITNESS my hand and notarial seal the day and year a written. tary sw, My won expires . taan.rrMorMDT P oiNeh.aska CWD7 PACU C-zT AtrCa�mr. tiw.Mry 21;1490 ae. +;m in