|
<br />_._....-.---.C
<br />
<br />~;
<br />
<br />84 - 003748
<br />MORTGAGE
<br />
<br />r
<br />
<br />I, Robert E, Rosso and LaVonne L. RqsSf(i>ereby give COMMERCIAL FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property:
<br />
<br />A tract of land comprising the Southerly Two Hundred Eighty-three (283.0)
<br />feet of the Westerly Two Hundred (200) feet of the Southeast Quarter of the
<br />Southwest Quarter (SEtSWt) of Section Three (3) Township Twelve (12) North,
<br />Range Nine (9) West of the 6th P.M., in Hall County Nebraska
<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, If 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 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 mort!;jage 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 assessmen:s on the property will be paid before they become
<br />delinquent,
<br />No waste will be committed 011 tr:. property, and it will be kept in good repair,
<br />The property will not be sold l;ncluding by land contract), leased, and no
<br />interest in it will be assigned in any way.
<br />I own the El?rO,Rert,i fIlie':ard ~e'r of any other mortgages or encumbrances
<br />except: qUltau e Ul ng . oan
<br />
<br />No other mortgage or lien on the property will ever be allowed 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 />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 />
<br />Certain 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 vf 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 /><<? crkJ
<br />
<br />f lC1v~
<br />
<br />July 10, 1984
<br />Date
<br />
<br />STATE OF NEBRASKA
<br />COUNTY OF
<br />
<br />/
<br />~ ?-~.h~ ?/.ff~..c=:
<br />
<br />ss,
<br />
<br />On this 10th day of July , 19~, before me, a notary public 10
<br />and for said county, personally came Robert E, Rosso & LaVonne L Ros'lDto me know to be
<br />the identical person or persons whose name is or names are affixed to the abov~ 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 />
<br />L
<br />
<br />WITNESS my hand and notarial seal the day and ~'ear last above written,
<br />
<br />.L RICHARD VAN ZYL
<br />GENE-RAlNOT AR,V ~SI4t. ofN~r<
<br />MyCOrMl.b.p,Jan. 21,198'
<br />commission expires f'/"~-
<br />
<br />.x!:~ ~_:.Ai~~/~-
<br />
<br />. .~ "
<br />,-"
<br />
<br />No~a}~ Public
<br />
<br />My
<br />
<br />" 1 ,,' ~
<br />'c,
<br />
<br />-'
<br />
<br />-.,~ ')-;
<br />-../-.'---
<br />
<br />;;:tv\,- j P2
<br />
|