Laserfiche WebLink
ra71iFD <br />(4p@) <br />MORTGA GE 87 -1031: 4 <br />1, D v R.eraholz and Sherri L Beraho�__ lz ^_ <br />SAVES AIM LOAN ASSOCIATION give COMMERCIAL FEDERAL <br />(Commercial) a mortgage on the following Property: <br />Lot Fifty Eight (58) Wolfe's Subdivision, in the City of Grand Island, <br />Hall County, Nebraska. <br />If more than one person signs this mortgage, the word "I" means "we'. <br />This mort secures a loan made by Commercial. A note dated the same date as this mortgage for repayment of that ban. If that note is ever changed or replaced by a new note, it wii# still be contains the terms <br />1 Promise the following things: secured by this mor <br />n3 ngs: <br />t. <br />A" payments <br />due. <br />Payments on any note or other debt secured by this mortgage will be paid e. <br />2. An insurance policy for fire and extended coverage will be kept in force on the property an amount at least equal <br />be W the debts secured by this mortgage Plus any other mortgages listed in paragraph 6. The insurance company must <br />9. be s to Commercial, and Commercial will be a named insured on the policy, <br />4. w will ssments on the Property witl be paid More they Mme delinquent. <br />5. The asta t wie committed on the property. and it will be kept in good repair. <br />6. 1 y sotd (mcftrdmg by land contract), #Based, and rto interest in it will be assigned in y,way. <br />tY �re� � clear of any otter mortgages or Bncum�artces except: G o m m Q r i - 1 <br />7. Pic other P n o r a l <br />or lien on the property will ever be alk»ved to be in default or be foreclosed. <br />to <br />If any � t promises are not kept then Commercial can dec #are all of the debt ire <br />advance notice. The interest rate w##i increase to tg. i or any greater rate at#owab#® by law at immediately that d e and payable is mortgage <br />can to (oreo#osed. #I the debt is accelerated, then t also assign any rent or outer income from the Property to Commercial. <br />Certain amounts can be paid by Commercial and added to the debt secured by this mortgage. They are any taxes or <br />Insurance I have weed to pay but fail to, any attorney teas or court expenses Commercial pays if it is made a party to <br />Y 1 action brought by someone else <br />ttpght allow if Commercial has to concerning the property, and any attorney fees or court expenses which the law <br />90 to court against me to collect the debt or foreclose this morlg age. tt any of these things <br />happen, then the additional debt will accrue interest at the same rate as the rest of the debt and must be paid then things <br />If this property is ever condemned under the power of emtriant domain or any similar method of taking <br />use, any Proceeds of the taking will to paid 10 Commercial UP to the full a f property for Public <br />the debt secured. <br />5/22/87 a <br />STATE OF NEBRASKA l `� <br />COUNTY OF HALL ) SS. <br />On this 2 2 n 0- -da y of ­ td a <br />personally cane b a v T d R 8 —- -' '- -- t 9 8 before me, a note <br />�r o h da a. 5 h e r r i_ „� notary public in and for said county, <br />name is or names are affixed to the above mortgage. Bt9JWIlnbwn to be the idantical person or <br />and the execution thereof to be their voluntary act and de� they, he or she severally acknowledged the said <br />WITNESS S my h n notarial seal the day and year last above written. <br />SAL NOTARY Sw'of.4 dw <br />my commissm extras a o _--- - - -..- . <br />N <br />A <br />IN <br />19 <br />i'' <br />