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<br />MORTGAGE
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<br />84~""", 00434H
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<br />I, rJavid r. c""",~ flP.annp K Ge8 , hereby give COMMERCIAL FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property:
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<br />Int Forty-five (45) Potash Subdivision, Hall C01.mty, Nebraska,
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<br />If more than one person signs this mortgage, the wor'd "I" means "we",
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<br />This mortgage secures a loan made by.. Commercial, A note datBd the same date as
<br />this mortgage contains the terms for repaym[nt of that loan, If that note is ever changed
<br />or replaced by a new note, it will still be secured by this mortgage.
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<br />I promise the following things:
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<br />1 ,
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<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 ill forceonW~
<br />property in an amount at least equal to the debts secured by thismortg..g.e;plll~:
<br />any other mortgages listed in paragraph 6, The insurance companY:rnus~,.):iT"
<br />satisfactory to Commercial, and Commercial will be a named.. insured on"theY:':
<br />policy.
<br />All taxes and assessments
<br />delinquent,
<br />No waste will be committed on the prop 't~, and it wIll be kept
<br />The property will not be sold (inclu<..iFJQ by land contract);
<br />interest in it will be assigned in any way, . ....}...\'}
<br />lawn the property free and clear of any other mortgages or el')cl.lrnl:i'
<br />except: F ral Savin s 'wan . '
<br />No other mortgage or lien on the property will ever be allowed tob'e,in?9
<br />or be foreclosed.
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<br />on the property will be paid before ttie.Y~~d~#i~i;.1
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<br />2,
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<br />3,
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<br />i,
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<br />4,
<br />5.
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<br />6,
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<br />'. ----;:.>-::_~:_~;:
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<br />If any of these promises are not kept, then Commercial can declareaIL'of}i:H~'i
<br />immediately due and payable without advance notice, The interestrate'.will.jnc
<br />19,00% or any greater rate allowable by law at that time, and this mortg~g
<br />foreclosed, If the debt is accelerated, then I also assign any rent or oth~r;(irjcQ
<br />the property to Commercial, . .
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<br />Certain amounts can be paid by Commercial and added to the debts'ecyr;ed;.Q'ff;
<br />mortgage, They at'e any taxes or insurance I have agreed to. pay butf~H>W'i;;
<br />attorney fees or court expenses Commercial pays if it is made a partytoanyleg~l\,ai;;
<br />brought by someone else concerning the property, and any attorney fees. on'..
<br />expenses which the law might allow if Commercial has toga to court againstllle'to.;.c6.l
<br />the debt or foreclose this mortgage. If any of these things happen,. then th~adtji:t!C!~~~
<br />debt will accrue interest at the same rate as the rest of the debt and 'must.be',pctIp
<br />immediately, .' "
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<br />FY"-
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<br />If this property is ever condemned under the power of eminent domain or anYl>imll~,~,'
<br />method of taking property for public use. any proceeds of the taking will bepaJ~'~9:.',
<br />Commercial up to the full amount of the debt secured,
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<br />Date
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<br />STATE OF NEBRASKA
<br />COUNTY OF HALJo
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<br />ss,
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<br />On this L7th day of August , 19~, before me, a notary PUbliC in
<br />and for said county, personally cameDav.id L, Gee &. Deanna K, C'.ee ,to me know to be
<br />the identIcal person or persons whose name is or names ar'e affixed to the above mortgage,
<br />and they, he Qr she severally acknowledged the said instrument and the execution thereof
<br />to be their' voluntary act and deed,
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<br />L WI TN ESS my hand and notarial seal the day and. year ,last abov~ wr'itten.
<br />.l TlMOTH~ G. M1Um
<br />. .GlNlf.. A~ NOl"I'I' _of_....
<br />, ;. ...(_.b,,_,)~.1t85
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<br />N'V corn.missiQf"1.
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