|
<br />I
<br />
<br />MORTGAGE
<br />
<br />84-002731
<br />
<br />I, VerI yn R, Vo lke rand l3a rbara D, VO,l kh~reby give COMMERC I AL FEDERAL
<br />
<br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property:
<br />
<br />Lot Seventeen (17), Bishop Heights, Second Subdivision, Hall Co, KE
<br />
<br />If more than one person signs this mortgage, the word" I" means "we",
<br />
<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, I f that note is ever changed
<br />or replaced by a new note, it will still be secured by this mortgage,
<br />
<br />I promise the following things:
<br />
<br />1,
<br />
<br />All payments on any note or other debt secured by this mortgage will be paid
<br />when due,
<br />An insuri.;nce policy for fire and extended coverage will be kept in force on the
<br />pr .-perty 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 />All taxes and assessments on the property will be paid before they become
<br />del inquent.
<br />No waste will be committed on the property, and it will be kept in good repair.
<br />The property will not be sold (including by land contract), leased, and no
<br />interest in it will be assigned in any way,
<br />lawn the property free and clear of any other mortgages or encumbrances
<br />except: 1st \fOl..tP"fJO'P ("{)mnll'::)rr'i~-l FprlAr~l ~a";nzC" fY T~R
<br />No other mortgage or lien en the property will ever be a fowe to be in default
<br />or be foreclosed,
<br />
<br />2,
<br />
<br />3,
<br />
<br />4,
<br />5,
<br />
<br />6,
<br />
<br />7.
<br />
<br />I f 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 />
<br />Cer'tain amounts can be paid by Commercial and added to the debt secured by this
<br />mortgage. They are any taxes or insurance I 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 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 />
<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 />I
<br />
<br /><., I
<br />/
<br />/
<br />
<br />/~:,<
<br />,
<br />
<br />/
<br />.1_...
<br />
<br />....".f
<br />-i Date
<br />
<br />I . f Y
<br />
<br />~h'd.lf2~o&./
<br />,-
<br />
<br />/
<br />1/ ,;j..,
<br />I ' c.';.-A:'L'~
<br />
<br />STATE OF NEBRASKA
<br />COUNTY OF
<br />
<br />55.
<br />
<br />On this .-:' ( day of ;.0;;, ~"
<br />and for said county, personally came.: i .
<br />the identical person or persons whose name is ~r
<br />and they, he or she severally acknowledged the
<br />to be their voluntary act and deed.
<br />
<br />, 19~, b~fore me'l a{,,['otary publiC In
<br />L ( "...tbl 4. {' '>-(,-0-,...... -1~ , to me Know to be
<br />names are affixed to the above mortgage,
<br />said instrument and the execution thereof
<br />
<br />WI TNESS my hand and notarial seal the day and year last above written.
<br />
<br />A
<br />
<br />RICHARD VAN zn
<br />GlNflALNOTAjty. Slat.ofNebr.
<br />My C_ b;l.lon, 31, I'"
<br />
<br />1"'/:"'" '
<br />
<br />\ii;~ary Public
<br />
<br />My commission expires .v1.,
<br />
<br />,1'.'. 4 8::
<br />
|