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<br />MORTGAGE Fj~--~iIOOa7~~,d <br />I, Ralph V Esonner & Ratricia /`, Eonner , hereby give COMMERCIAL FEDERAL <br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property: <br />See Attacheb Legal <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 />this- mortgage contains the terms for repayment of that loan. If that note is ever changed <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 />Z. An insurance policy for fire and extended coverage will be kept in force on the <br />property in an amount at least equal to the debts secured by this mortgage plus <br />any other mortgages listed in paragraph 6. The insurance company must be <br />satisfactory to Commercial, and Commercial will be a named insured on the <br />policy. <br />3. Ail 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 />S. The property will not be sold (including by land contract), teased, and no <br />interest in it will be assigned in any way. <br />6. I own the property free and clear of any other mortgages or encumbrances <br />except: ~oc~r,iercial Federal Savin{:~ i non <br />7. No other mortgage or lien on the property will ever be allowed to be in default <br />or be foreclosed. <br />if any of these promises are not kept, then Commercial can declare ail of the debt <br />immediately due and payable without advance notice. The interest rate wits increase to <br />19.00 or any greater rate allowable by lativ at that time, and this mortgage can be <br />foreclosed. If the debt is accelerated, then ( also assign any rent or other income from <br />the property to Commercial. <br />Certain amounts can be paid by Commercial and added to the debt secured by this <br />mortgage. They are any taxes or insurance r have agreed to pay but fail ta, any <br />attorney fees or court expenses Commercial pays if it is made a party to any legal action <br />brought by someone else concerning the property, and any attorney fees or court <br />expenses which the law might allow if Commercial has to go to court against me to collect <br />the debt or foreclose this mortgage. If any of these things happen, then the additional <br />debt will accrue interest at the same rate as the rest of the debt and must be paid <br />immediately . <br />if this property is ever condemned under the power of eminent domain or any similar <br />method of taking property for public use, any proceeds of the taking will be paid to <br />Commercial up to the full amount of the debt secured. <br />,` __ <br />,{-_ <br />s <br />7°.~ ~ ~/ VL6CLJ3 L: i ~J~} J l..-2"~~ <br />Date <br />STATE Of NEBRASKA ) <br />CEl>JNTY OP HALL ) ss. <br />On this ~~i:h day of .ian~,~v = 19 ,.. before ntetfnra notary public in <br />anti for_ said county, personally came Ralph d, corrrjer}i; Patricia }i. , ~~ me know to be <br />tFse +d@nticil persoh or persons whose name is or names are affixed to the above mortgage, <br />8C'ati they, he or she severally acknowledged the said instrument and the execution thereof <br />ttar;bei;the(r voluntary act and deed. <br />WITNESS my hand a tariai seal the day and year last above written. <br />NrgM Mtlwtr ~>~+~ <br />vAw M ~%,' j f ,! <br />cow s.r ~ ii. iar+ ~ f/ <br />ery Pubiie <br />My cammissicsn expires '~.:~+ ', fY.~" <br />:_x.-.. . <br />