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• Commercial Federal �f Sevings a Logn Aseocbatbon s ;Conwmer Loom Department MORTGAGE $�3 � 0�"��$ P -0. Box 1103 D.T.S. Onvi , NE 68101 (402) 554-9595 1 t; George Medbery and Marrch,3 Medbery , hereby give COMMERCIAL FEDERAL bmow &Ci emto 's Name and the* ReWWWW ' SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property: Lot Seventy -Five (75), Le Heights Fourth Subdivision, in Hall County, Nebraska. It more than one person signs this mortgage, the word "I° 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 Wan. if that note is ever changed or replaced by a new note, f will stilt be secured by this �' I 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 eta to the debts segued by this mortgage plus any "other mortgages fisted in paragraph B. The insurance Y. must be satisfactory to Commercial, and Commercial will be a reamed insured on the policy - i 3. A I taxes and assessments on the property will be paid before they become defimWert- 4. No waste will be Committed on the property, and it will be kept in good repair. 5- The property will trot be sold prictuding by land contract), leased. and no interest in it will be _ e way S. 1 own the roperty free and clear of any other mortgages or encumbrances except, rCi�edera i F- W*Wftili oUlig.ta twee 7. $'r oftgi gge or lien on the property win ever be allowed to be in defer or be foreclosed, It any of these promises are not kept, then Commercial can declare _at] of the deli - mvnediateiy due and payable " advance notice. The interest rate will increase to 19-00% or any creator rate allowable by law at (fiat time. and t1>FS niatgarje can be foreclosed. If the debt is accelerated. then t also assign any rent or outer income from the property to Commercial- Certain amounts can be paid by Commercial and added to the debt secured by this mortgage- They are any taxes or insurance I have agreed to pay but tail to, aryr 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 ton or, court expenses which #te Ww might allow if Commercial has to go to court against me to collect the debt or foreclose this mortgage, 9 arty of these Clings happen, then the additional debt will accrue interest at the saute late as the rest of the dot and must be paid immediately It this property is ever condemned under the power of eminent domain or similar. frelfiiod of taking pmpeirtl for public . use, arty proceeds of the,iakWV will be paid m Commercial up to- the ,fun amournt of the sfetit secured q Tatlryk pets STATE OF NEBRASKA ) COUNTY OF HALL 1 ss On this _ 26th day of August T f!" Sfi Y before. rite, a notary public in and for said county, personally carne $purge Medbl--ry and Marsha Madhery to me known to be the identical person or persons whose name is or names are aftmed to the above r0rtgage, and they he or she severalty acw* wiedged the said instrument and the execution thereof to be their voturtary act and deed.