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83000185
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Last modified
11/17/2008 11:01:39 PM
Creation date
11/17/2008 11:01:20 PM
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DEEDS
Inst Number
83000185
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_....~.. ~..~.~.~..,,..~.,..,. _MV__-_~__.__~__ 1 <br />MORTGAGE '~-- ~ ~~ ~.. <br />1, .,~,v~l:e.,g~_ L ~~~^ljar~ ~~. ~;a.~~~' hereby give COMMERCIAL FEDERAL <br />SAVINGS ANC3 LOAN ASSOClATkON (Gommerclalj a mortgage an the folkowing property; <br />Ll`~~: ~;r,,~y i~~~tCiC Js Lr~tii:t3c'tV1S acres ~i.11;)CiiY"iSlC3Ci~ i~~t~8 ~.C:YLi1'i~,'~y i~l.lrr~5r:d <br />!f mare than one person signs this mortgage, the ward "!„ means "'we" <br />This mortgage secures a loan made by Commercial. A note dated the same date as <br />this mortgage contains the terms for repayment of that loan. kt that note is ever changed <br />or replaced by a new note, it Wilk stikl be secured by this mortgage. <br />! promise the falkawing things; <br />i . All payments on any note car ether debt secured by this martgage will be paid <br />when taus. <br />2. An insurance policy far fire and extended coverage wikk be kept in farce on the <br />praperty ir't an amount at least equal to the debts secured by this mortgage plus <br />,any ether mortgages kilted in paragraph b. The insurance company must be <br />s4tisfactary to Comrnerciak, and Cammerciak will be a named insured an the <br />r:+~licy. <br />3. A!k taxes and assessments can the praperty wikk be paid before they become <br />dekinquent. <br />~. Na waste wikk be cornmltted tin the property, and it vvili be kept in good repair. <br />~. The property wikk riot be sold (,including by land contract), leased, and na <br />interest in it wikk be assigned in any way, <br />b. awn the property free and r.lear of any rather mortgages ar encumbrances <br />except; t~~rst ~'~ki~rt~r.~;~:'~iwcar'~~k~:~~~~~~ f ~~ie~Y~i :»vir;~~ i.ta~r~ <br />~. Na other mortgage ar lien can the property Lnri# eve-r--be aklawed to be in default <br />or be foreclosed . <br />It any cat these promises are root Dept, then Commercial can declare aki of the debt <br />kmmediately due and payable vvithaut advance notice. The interest rate wild increase to <br />~9.t~tJ~, or any greater rate a6lawable by law art that time, and this martgage can be <br />l~oreclosed. It the debt is accelerated, then ~ aksa assign any rent or rather income from <br />the property tca Commercial. <br />Certain arvrounts can be paid by Cammerciak and added to the debt. secured by this <br />mortgage. 1`hey are any taxes or insurance ! have agreed to pa}~ but faik for any <br />attorney fees or court expenses C.ommerciak pays if it is made a party to any legal action <br />brought. by someone else cancernir~tg the prop erty, and any attorney fees or court <br />expenses which the kaw mi ght allow if Ccammerclal has to go to ccaurt against me to calked <br />the debt or toreclose thrs martgage. l ` any of these things happen, then the addtt~anal <br />debt wkll accrrrre interest at the same rate as the r est of the debt ;end must be paid <br />immediate! y . <br />kf this property is ever condemned under the power cat eminent domain or any simikar <br />method of taking property for pubkic use, any proceeds of the taking wikk be paid to <br />Commercial up to the full amount of t:he de~at secured. <br />P ~µ w ~ ~~~ any <br />Date <br />STATE; F Nl'lF~ASKA } <br />C3 U N T'~ O F ~t~.~ a s s. <br />{ <br />/~ `~.yce.ws. 1 'd <br />~ , <br />`, <br />t !~ 3 <br />can ti,tf$ .;a~ day Cat '.~' ~~ .~,,y~~, ~ before me, a rtr~tary publrc %n <br />~d l~~r said cr~unty, p~rrsc~nakky ~~ ~ ~~o me kncaw to be <br />the id+~!ntiw~s~ p+~rs~an a r p+ersans w~rase r~r3Cn~ is or ~--arries are af°~ixed to the abov.{e rnartgac~e~ <br />~~ t;be»~, he yr she severally acl~ncawledged the said instr~iment ar~rd the executican thereof <br />tk~ia'r ~r'~L~dn'tary act and d~#'~d , <br />hNk fi~S my k"1r'~d ~tnd ncatar"s a! seek the day and yea#" past above v~ritter~ . <br />~FMIIMMM <br />A,. "~ ~~A~ ~~ ca t i~ r{ "~;.. ~~ ~.A l:a i ! C' <br />"''~ 4WCdPfT?7~~*,'~+ ;pdr""I~'~ tit~,.o ~ ' `~/" <br />•p <br />I~r MF <br />i {~• e ~ n„ <br />
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