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<br />MORTGAGE
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<br />84....... 004804
<br />
<br />r
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<br />I, Patrick L. and Diana S. Cook , hereby give COMMERCIAL FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the fOllowing property:
<br />
<br />Legal Description: Lot Five(5) Ed Ross Subdivision No, 2. of a part of the
<br />Northeast Quarter(NE':;} of Section Two(2}. in Township
<br />Eleven(ll} North. Range ren(lO} West of the 6th P.M., in
<br />Hall County 'lebraska.
<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 mort9age 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 />Ail 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 t~
<br />property ,n an amount at least equal to the debts secured by this mortgage p!l"IS
<br />any other rnortgages listed in paragraph 6. The insurance company must be
<br />satisfactory to Commercial, and Commercial will be a named insured onto.
<br />poiicy,
<br />All ta).;!!!! and assessments on the propl!'.V wiH be paid before they become
<br />delinquent.
<br />No wute ",.11 be cam.wttaa ~'Jn thllt~' ~l!rty, ane it will be kept In gUCld ....pal..,
<br />The property wlil not be sold lincluding by Jand contract), lused,and'no
<br />mterest in it will be assigned in any way.
<br />, own the property free and dear of any other mortgages or enc.umbranC85
<br />except: Hn.t '{>d<:r~l Savings dnd Loan of Lincoln
<br />No other mortQ4Qe or lien on the property will !itver be allowed to be in default'
<br />or o!!fore<:losed,
<br />
<br />
<br />2.
<br />
<br />3,
<br />
<br />4,
<br />
<br />6.
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<br />! f any of these pronll:ieS are not kept, then Commercial can declare all of the debt
<br />immediately due MId payable without advance notice, The Interest rate will increaaeto
<br />19.\)()\ or an~' <;Ireater rate ..Uowable by law at that time. and this mortgage can be
<br />foreclo!<eO. if the a<<bt is accei.rated. lh,m ! also iluign any rent or other incotne from
<br />the property- to Comme.rciat.
<br />
<br />Certain amount.s can b4 pa,d by Commercial ilnd added to the debt secured by thIll
<br />mor!:giilge, They are any taxes or 'tnurllnce ; f1ilVll agreed to pay but fail to, any
<br />attorney 1',"", or court. <txpenns Commercial pays ;f it is m<llde a P..rty to ..ny ie,;j.tli actIon
<br />brOl.lgfH Oy 5OffiOCfle ",Is. coru:::erning the property, and any attorney fees or C01.ll't
<br />",,,,pense5 wI1"':" tn<t iaw Ill'gnt allOW if Commercial hali to go to court against me to collect
<br />the det>t or for'-'l()Sf! th,'$ mortgage, I I any 01 these things happen, then the additional
<br />wect will accrue ;(Iterest iil. t!'H1 5ame rate as th<< rest of the debt and mUSt be paid
<br />imtTlltQ,ate1v,
<br />
<br />If th.s property .!!lever CQnoemn'lKl under the power of eminent domain or any similar
<br />rnetl10a of takIng property for p"otic use, any proceeds of the taking will be paid to
<br />Co_relitl up to the h,,, amount of the debt secured.
<br />
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<br />
<br />9/10/84
<br />
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<br />
<br />Date
<br />STATE OF NEBRASKA
<br />COUNTY OF rli!l1
<br />
<br />55.
<br />
<br />On thts 10th day of SeptPl!lh<>r 19~, before me, a ",otary public in
<br />and for said c<Junty, PillrsonaHy came Patrick ;inn r)1;lni< 'rink , to me know to be
<br />the ,,:ten1.h:;.i ~r1l0n or P1tr'llQJ1S wtlose name is or names are at'fix'lKl to the above mortgage,
<br /><iInd tn.y, hj!! or "he :;,ev,,,'ally ackno,,",'edged the said instnJffiil'nt ..ind the execution thereot'
<br />t.o b. tn.ir vOluntary <let and deed,
<br />
<br />L
<br />
<br />WITNESS my hand and notarllll U.tl
<br />
<br />the daY.~Ad "'':'4r
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<br />-~ Jg>~~
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<br />
<br />above written.
<br />
<br />.~ )~lif
<br />/ /'L,'1,'ipo>
<br />Notary Public
<br />
<br />r4.;lrch 3D, 191%
<br />My .,t\mm.S'$,QJ1 jil)\prres
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