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86- 108933 can.unNr Loon uopw wriii MORTGAGE R.O. lox 1103 D.T.S. OWN" NE Will (102) 55445M f Lloyd A. Mettenbrink and Charlene M. Mettenbrink _, hereby give COMMERCIAL FEDERAL 80O WSC680"OWWS 14 n arid ThW RW&kXanp SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property: Lot Four (4), Block Three (3), Second Addition to Holcomb's Highway Homes Subdivision in the Northeast Quarter of the Northeast Quarter (NE4 NE4) of Section Twenty Eight (28) Township Eleven (11) North, Range Nine (g), West of the 6th P.M., Hall County NE If more than one person signs this mortgage, the word 'I" means "we ". This mortgage secures a loan made by Commercial. A rote dated the same date as this mortgage contains ft terms for repayment of that ban. If that note is ever changed or replaced by a new note, it will still be secured by this mortgage. 1 promise the following things: 1. A0 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 itlgT tp pga" in any way. 6. I �1prpp@ihr'rEe�n9 cle�r�oafn y other mortgages or encumbrances except: Fk�� 7. No other 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 19.0090 or any greater rate allowable by law at that time, and this mortgage can be foreclosed. If the debt is accelerated. then 1 also assign any rent or other 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 fail to, any attorney tees 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 tees or court expenses which the law might allow it Commercial has to go to court against me to collect the debt or 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 immediately. It 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 will be paid to Commercial up to the full amount of the debt secured. 7' Today's Dae we STATE OF NEBRASKA } COUNTY OF Hall 1 ss. On this 26 day of Nov • 19 86. , before me, a notary public in and for said county, personally carne A. /C nar ene ettenbri' , to me known to be the identical person or persons whose name is or names are affixed to the above mortgage, and they, he or she severally acknowledged the said instrument and the execution thereof to be their voluntary act and deed. WITNESS my hand and notarial seal the day and yea[ --cast above writien. Ndary`Aaia2c s Sq+ature •� My commission expires ll C2_ C»=.ao�Nasn•Srar.oftJ�ruta CMV Puu iR My Cowan. Up. may 21,1990 ��.p, Rev i, a5 U