|
<br />I
<br />
<br />:' ....-';
<br />
<br />MORTGAGE
<br />
<br />84 -003967
<br />
<br />r
<br />
<br />I, Joseph C, Mohanna & Marilyn K. Moha,nfillilereby give COMMERCIAL FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property:
<br />
<br />E 50' Lot 3 Block 1 Elm Place 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 not~ 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 insurance policy for fire and extended coverage wlll be kept: in fOr'Ceontha
<br />property in an amount at least equal to the debts secured by this mortg1l9.e_.pl).ls"
<br />any other mortgages listed in paragraph 6, The insurance companymu$tbe.
<br />satisfactory to Commercial, and Commercial will be a named insured oil..tlie....
<br />policy,
<br />All taxes and assessments on the property will be paid before theyp~e:'
<br />delinquent,
<br />No waste will be committed on the property, and it will be kept in .gQ(jd repa-1r':
<br />The property will not be sold (Including ( , land contract) ,Ieas~.,al'!d"rid'
<br />interest in it ...,11 be assigned ,(I '''1y way. . '. . i '0. .
<br />i own the property free. and ""ilarof any other mortgages or eru:umbral'!l:;'s:
<br />except: Equi tH.U if; Bui 1<11 HI': 8< Loan .'880C:. . . ...... ........ ..:......
<br />No other mortgage or iien on the property will ever be allowed to be tn,. default,..
<br />or be foreclosed,
<br />
<br />;~'~
<br />
<br />2,
<br />
<br />3.
<br />
<br />4,
<br />S.
<br />
<br />o.
<br />
<br />,.
<br />
<br />t
<br />~
<br />.;;,:
<br />:?
<br />g
<br />~
<br />';;:<
<br />
<br />I f any of these promisesar.. not kept, then Commercial can declare ,all. of tl:lll~t.,
<br />immediately due and payable Without advance notice, The interestratewiH Incr~"$e,c'i,tc:li'< "
<br />19.00% or any greater rate allowable by law at that time, and this mot'tg~,..~an,l:IlJ"{
<br />forec;iosed, If the debt is accelerated, then I also assign any rent or otherincomef~'
<br />the prope,-ty to Commerdal, .
<br />
<br />Certain amounts can be paid by Commerclai and added 10 the dllQt secured by this'
<br />mortgage. They are any taxes or insurance j have agr.eedtopav but fan to, al"."'"
<br />attorney fees or ct>Urt expenses Commercial pays if it is made a PlIrW toanyleg.a1lil:.tI9ft
<br />broLlgnt by someone else concerning the property, and any attorney '''01' "~I'\t.,.
<br />expanses which the iaw might a!low If Commercial hu to go to court against me, to C9H-!II;1;
<br />the dtlt>t or foreclose this mortgage, I f any of these things happen, then th.addl~I'
<br />debt will accrue ,merest at thOl same rate as the rest of the debtancl mustbe'PJil',i,,'
<br />immediately
<br />
<br />s1
<br />
<br />,",0/
<br />
<br />-I"
<br />K,
<br />
<br />If thiS prop'lrty is ever condemned under the POW'll" of eminent dO!1\ainor.nysimnal""
<br />method of taking property for public us'" any proceeds of the taking wHI bl... f)aklt():
<br />Commercial up to the full amount of the debt secUt-ed,
<br />
<br />,,';:~
<br />
<br />"I c:
<br />.~:::fA...'-YT l
<br />"~J
<br />,
<br />
<br />1/, /J
<br />.{l...<J....<l....tt~_
<br />
<br />,July 26. lH84
<br />
<br />Date
<br />
<br />STATE OF NEBRASKA
<br />COUNTY OF HALL
<br />
<br /><) .',../' t:".' " .
<br />. . .:..,~y"'-
<br />
<br />'.) . /;:.}j~ pi'
<br />.?{" / /(,.~.,t{!.'''>'~:"JC<t'',_,/.
<br />
<br />ss,
<br />
<br />On this 26th aay of .Iu! \' ,19 84.. before me, a 'ifthtG);"Qublicin
<br />Ilf\<t for ""id county, personall\, cameJoseph C. 'It'i1'ia'i1ila & ~lar I J ~'ll, ltQ me "1tnow to bill
<br />toe ideottC&l person 0,. persons wt>ose name is or names arE affixed to the above mortg~ge,
<br />and they.. he or s\'le severally acknowledged the said instrument and the execution thereof
<br />to be th..,. voiLlntary act and deed,
<br />
<br />L
<br />
<br />WITNESS my hand and r>otariai seal the day and year last above written,
<br />
<br />My
<br />
<br />.1Q1AII) V~ tV\.
<br />~~!'lOl""Y_koO.lII_'
<br />....~t...,_l\~..
<br />CtlRlffl.s '.' 6""'''.. ,,' ", ..' .",!{"
<br />y ;1'- . ,
<br />,,;,.
<br />
<br />...~;.,IL.-C4<{/ ..~
<br />
<br />ii.,., ~i/
<br />, Ndt~ Pubi Ie
<br />
<br />.."L-27
<br />Rf:v -4,- S2
<br />
|