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MORTGAGE $4 ~~ x!'01986 t, Robert I. Sanner & D' Diane Sanner hereby give COMMERCIAL FEDERAL SAVINGS AND LOAN ASSOCIATION (Commercial a mortgage on the following property: Lot One (1) in Dlauvelt Subdivision, being a part of the West Half of the Southwest Quarter (W 1/2 SW 1/9) of Section Two (2), Township Eleven (11) North, Range Ten (10) West of the 6th P. M., Hall County, Nebraska. If more than one person signs this mortgage, the word "I" means "we" This mortgage secures a loan made by Commercial. A note dated the same=-date as this mortgage contains the terms for repayment of that loan. If that note is etirer changed or replaced by a new note, it wilt still be secured by this mortgage. I promise the following things: 1. All payments on any note or other debt secured by this mortgage' will be plid when due. 2. An insurance policy for fire and extended Coverage will be kept in force on the property in an amount at least equal to the-debts secured by this.-mertgsge plus any other mortgages listed in paragraph 6. Th'e insurance coptpany must be satisfactory to Commercial, and Commercial will be a named insured on the policy. 3. All taxes and assessments on the property will be paid before they- become delinquent. 4. No waste will be committed on the property, and it will be kept in. good repair. 5. The property will not be sold (including by land contract), leased:, -and no interest in it will be assigned in any way. 6. I own the property free and clear of any other mortgages or encumbrarfaes except: Commercial Federal Sevin s & Loan 7. No other mortgage or lien on the property will ever be allowed to be in d nit:: or be foreclosed. If any of these promises are not kept, then Commercial can declare all of then-debt" immediately due and payable without advance notice. The interest. rate> wiN increase to 19.00$ or any greater rate allowable by law at that time, and Lhis mOrtgape can be foreclosed. If the debt is accelerated, then I also assign any rent or other irtcome from the property to Commercial. Certain amounts can be paid by Commercial and added to the debt setut'!d by this mortgage. They are any taxes or insurance I have agreed to pay but fail: to, any attorney fees or court expenses Commercial pays if it is made a party to ariy_legpl action brought by someone else concerning the property, and any attorney feels or,-court expenses which the law might allow if Commercial has to go to court against me to collect the debt qr foreclose this mortgage. If any of these things happen, than the. addlfiottal debt will accrue interest at the same rate as the rest of the debt and must b~ paid immediately . if this property is ever condemned under the power of eminent domain or any sirmilar method of taking property for public use, any proceeds of the taking wiU be paid- to Commercial up to the full amount of the debt se_ycured. / f. '~~ G 4 J ~~~'7 r~ ,r'ff ~~"d ~1 L.i4-'"- L..- j,[ .-,~,~^'~' J ~,C ' f~ . , ~ /t ,t L - .~ LG i i. t 1.. Y at~ STATE OF NEBRASKA ) ss. CQUNTV OF HALL ) On this 3rd day of April 79 8~ before me,Sa potary public in end for . said county, personals came R ~ ~ know to be Y c~hrrt 7. SannarFir D. Diane, pte idlnfiCal Rersan or persons whose name is or names are affixed to the above mortgage, and tfiejr, he or she severally acknowledged [he said instrument and the execution thereof to bs their voluntary act and deed. 1AtITt+fE55 my hand and notarial seal the day and year last above written. 1 ` RiCFiARD VAN ZYL ,fir' t~ f~ ~~ ~ ,,., , ia'(!a~ltlNO{ARY-~dPY1ir. ~ `~.~' Lt/.~.~,. (" y~ ~;,;~,~~ MsC.e~,,W.+~aiLhM Mary Public My camtpiss~on expires ~~~~~ laf[ ~r