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83000937
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Last modified
11/18/2008 1:51:26 AM
Creation date
11/18/2008 1:51:22 AM
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DEEDS
Inst Number
83000937
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~~"t)GO:i~`~ MORTGAGE <br />I, Ddvic ii. Gaitttt ano Julia „. iiyhn , hereby give COMMERCIAL FEDERAL <br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the follawing property: <br />SeE aTFkGREG <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 />2. An insurance policy for fire and extended coverage will be kept in farce 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. 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 />5. The property will not be sold (including by land contract), leased, 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: t;nr„nPrrii,l FNUPraI SiiytngS Z~ Loott ,~; _ F~c:~~rr. i S:~vinys .. ! earl <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 all of the debt <br />immediately due and payable without advance notice. The interest rate will increase to <br />19.00$ or any greater rate allowable by law at that time, and this mortgage can be <br />foreclosed. If the debt is accelerated, then I 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 1 have agreed to pay but fail to, any <br />attorney fees or court expenses Commercial pays if it is made a party to any Legal action <br />brought 6t' 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 ~gcured. <br />+, <br />>. I <br />,,_~ - <br />{ ~~1~ <br />i`eirruary ~~y i ~~.; + ~L.Lt-C~!Gt<.- =.y`~L~i~`?"''~ <br />Date <br />;! <br />STATE OF NEBRASKA ) ss. <br />COUNTY OF ) <br />On this ~i„ d day of 19 ~,S before me, a notary public in <br />and for said county, personally came Uavi fi. ~oiua atic Julia is. ooiu.t to me know to be <br />the identical person or persons whose name is or names are affixed to the above mortgage, <br />and they, he or she severally acknowledged the said instrument and the execution thereof <br />to be their voluntary act and deed. <br />WITNESS my hand and notarial seal the day and year last above written. <br />AIINiART-Na~1MiMpi~ '' ~/ ..---~ <br />. ~NgtMO VAN 2ri .~_. ~s.~iti~^~ I ,' / ' ~ ..~ ~ r <br />(~ ~A~~pr.~+n.aL1M~ tart' Public <br />My commtsston expiresF ~ !yJs'~_. <br />,._.~ 2~' <br />i~l~"L' ~ ~ 8= <br />
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