Laserfiche WebLink
I <br />$5- 005074 <br />MORTGAGE <br />1, <br />Moffnrrl hereby give COMMERCIAL FEDERAL <br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property: <br />Lot 8, West Roads Estates 3rd Subdivision Hall County, Nebraska. <br />If more than one person signs this mortgage, the word "I" means "we ". <br />This mortgage secures a loan made by Commercial. A note dated the same date as <br />If that note is ever changed <br />this mortgage contains the terms for repayment of that loan. <br />or replaced by a new note, it will still be secured by this mortgage. <br />I promise the following things: <br />1. All payments on any note or other debt secured by this mortgage will be paid <br />when due. <br />insurance for fire and extended coverage will be kept in force on the <br />2. An policy <br />at least equal to the debts secured by this mortgage plus <br />property in an amount t be <br />The insurance <br />randaCommerrcial <br />namedco nsured'W <br />any other on the <br />will <br />satisfactory ctoryrntotgCommelrciall,, <br />t <br />policy. <br />3. All taxes and assessments on the property will be paid before they become <br />delinquent. <br />4. No waste will be committed on the property, and it will be kept in good repair. <br />leased, and no <br />5. The property will not' be sold (including by land contract), <br />interest in it will be assigned in any way. <br />other mortgages or encumbrances <br />6. 1 own the property free and clear of any <br />except: <br />lien the property will ever be allowed to be in default <br />7. No other mortgage or on <br />or be foreclosed. <br />If any of these promises are not kept, then Commercial can declare all of the debt <br />will increase to <br />immediately due and payable without advance notice. The interest rate <br />that time, and this mortgage can be <br />19.00% or any greater rate allowable by law at <br />then I also assign any rent or other inccme from <br />foreclosed. If the debt is accelerated, <br />the property to Commercial. <br />Certain amounts can be paid by Commercial and added to the debt secured by this <br />but fail to, any <br />mortgage. They are any taxes or insurance I have agreed to pay <br />Commercial pays if it is made a party to any legal action <br />attorney fees or court expenses <br />concerning the property, and any attorney fees or court <br />brought by someone else <br />law might allow if Commercial has to go to court against me to collect <br />expenses which the <br />debt or foreclose this mortgage. If any of these things happen, then the additional <br />be <br />the paid <br />debt will accrue interest at the same rate as the rest of the debt and must <br />immediately. <br />minentak domain <br />oI any <br />If this property is ever condemned under the power of <br />method of taking property for public use, any p ro of w paidilar <br />Commercial up to the full amount of the debt secured. <br />T- <br />OrrnhPr $� <br />Date � <br />STATE OF NEBRASKA ) ss. <br />COUNTY OF HALL ) <br />On this $th day of October 19 85 before me, a notary public in <br />fford & S}ronK Met;fdpdme know to be <br />and for said county, personally came Rirhard l M <br />whose name is or names are affixed to the above mortgage, <br />the identical person or persons <br />the said instrument and the execution thereof <br />and they, he or she severally acknowledged <br />to be their voluntary act and deed. <br />WITNESS my hand and notarial seal the day and year last above written. <br />Notary Public <br />My commission expires -_ <br />iEANNF M. SCHROER I �' <br />GENERAL NOT ;;1,.' 4 <br />� ARlidntnofN�F�r <br />^dv Cnmrr, l.p lan. 29, Igo# <br />