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CommArcl Federal 87— 101829 S a w A a"' Dop'"m."t MORTGAGE p.A. ttox 1103 D.T.S. 001111111, NE 0101 (402) 554 -9595 Marcella Daake ) hereby give- COMMERCIAL FEDERAL - 9o�m.a'scco- 9oRawar's wne ant rnea aelaipns�w - SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage o t following property: Lot Two (2), in Block Two (2), in Claussen Country View Addition to the City of Grand Island, Hall County, NEbr. If more than one person signs this mortgage, the word "I mews 'we'- This mortgage secures a ban made by Commercial- A note dated the same date as this mortgage contains the tan.es for repayment of that loan. If that note is ever changed or replaced by a new note. it will still be secured by this martgage_ promise the following things: 1. All payments on any rote or other debt secured by this mortgage will be paid when due. 2 An insurance policy for fire and extended coverage will be inept in force on the property in an amount at least equal to the debts secured by this mortgage phis azry, other mortgages fasted it paragraph 6. The assurance company assist be satisfactory to Commercial, and Commercial will be a named assured on the policy. 1 Aft taxes and moments on the property will be paid before they become dent 4. No waste will be committed on the property, and it will be kept it good repair 5_ The property will noftt be �d (including by land leased, and no irterest in $ will be trh aotc way_ S. I t�7 %gaMan and char of any other mores or encumbrances except: CQtmterG7a e(Eralt 7_ No other mortgage or tien on the property will ever be allowed to be in default or be wed_ r ' If any of these promises are not kept, then Commercial can declare as of the debt immediately, due and payable without advance notice_ The interest rate will increase to 19.00% or any greater rye alksomble by law it that tire. and ttis mortgage rata be foreclosed. If the debt is accelerated, then I also assign any not or oDra income from the property to Commercial. r _ Certain amounts can be paid by Commercial and added to the debt secured by his mortgage. They are any taxes or oxAgance I have agreed to pay but fail to, any attorney foes or court exposes Commercial pays if it is is a party to any legal action bright by someone else concerning the property, and any attorney lees or court expenses which the lair emght afiow it Cxrhrnervai has to go to court against me to collect the debt or foreclose this mortgage: If any of sow things happen. than the additional debt will accrue interest at the same rale- as the rest of Be debt and mtast be pond mrred�aie!)r. ff this property is ever condemned under the pourer of errarhest domain or any sandal method of taking property for prioFc t use, any proceeds of the taking will be paid to Commercial up to the tuna amount of the debt secured- 3/24i87 Taftvi Dow caeacaw. s STATE OF NEBRASKA ) COUNTY OF HALL ) ss. On this 24th day of _MarCh 19 87 _ , before me, a notary public in and for said county. personally carne Marcella naake , to me known to be the Klerstical person or persons whose name is or names are affixed to the above mortgage, and fey, he or she severally acknowledged the said ahstrument and the execution thereof to be their voluntary ad and deed. VVf WhyW notarial seal the day and year last above written. G&*RALNO1ARYStW dNWr M*Co w&xp .29.14aa mt y P"h-! t� 19 I I