82000123 - Laserfiche WebLink

Browse

~~ ~~ m.~it®~~3 T, ~ulvid N anti Kura]. ~ ~IJi~ hereby give C42'~St:RGZAL FEI~Ed#1!L g~pg AI+~A It~APi ASSOCZATZ6J~ (Commercial) a mortgage oa the following property: S.ot Twenty-Four (24) hidden Euless Subdivisian I3umber Four, Hall County, Faebraska. Zf mare than one person signs this mortgage, the ward "I`" means "we." 'this soartgage secures~a loan made by Camarercial. A note dated the same date as this mortgage contains the terms far repayment of that loan. If that. note is ever changed ar replaced by a new note, it will stiI.i be secured by this mortgage. I promise the fbllowiag things: 1. All payments on any note or other debt secured by this mortgage will be; paidwhan dne. 2. Arx insurance policy far fire and extended coverage wi11 be kept in force on the property in as amount at least equal to the debts secured by thin martgaga plus any other mortgages listed is paragraph 6. The insursssce company must ba satisfactory to Commercial, and Commercial will be a named iaaured on the policy. 3. Ax,1 rasss and assessmsats on the property will be paid before they hacos~ daliaquent. b. :s'o waste will be comm3rtad an ~e prperty, and it will be kept fa good. repair. S. The graparty will not be sold (including by Land contract), leased:, and. no interest in it will be assigned in any way. 6. Z own the property free and clear of any other mortgages or encumbrances except Casmne^cial Federal-Savings and Loan dissociation 7. ~ other.mortgageor Tien on the praperty will ever be allowed to be in default or be foreclosed. If anp of these. promises are not kept, than Commercial can declare all of the. dabs im@adately due and payable without advance notice. The interest rare will rea~e to 19.40x, and this mortgage can be foreclosed:. If the debt is acceler- ated:, Chen I also asei$a any rent. or other. iaeome from the property to Commercial. Certain amounts can be paid by Commercial and. added to the debt secured by this mortgage:. They are any taxes or insurance. Z have agreed to pay but fail,to, any attorndy fens or court expeasea Commercial pays if it is made a party to any legal action bzought by sameona ease concerning the property, sad any attorney fens ar court expanses which th~...lav might allow if Com~ercial has. to go to court agsinst ms ca collect the debt or foracloae this mortgage. Zf say of these things happen.:,.. rhea the additional debt will. accrue iatereat at '•.ha same rate as the rest of the debt and must be. paid imasdiately. Zf this property..=is ever coadesmed under the pawar of eminent ar any sim1- ._ lar sathod of taking: property for public use, nay ptoceeds of t at,ta will 6e. paid to Co~excial up to the foil. amount of the daia~°secure `~ lp ~t + ~,~' /t /s/' __.__.. ~, ~~ eta ,~I~ ry i~ j /,~ ~ c_..~ ,t- =~1~ ~ ,. , r, ~ ~ _ as this - ~ day' of ~' ..,~ 19 :-..- before me, a aosary ~ubti.~ :a snd for aaid4uounty, Parsaaa~ame ~ -•~.~ ' --..-~` ~`- ^--#'s` ~-'~ to as known to be the idamttieal person or gesaone whose name is or names are afLixed4 to the abavm mortge$a, and; that'. ha nr she-severa3ly ackaoxledged the-said instru- saat assd the exacntion there©f to be their voluntary act and deed. T+Ti'.'~85 ~Y hand and aotar~,a seal the. day and, year last above written. ~z:,ar> .. ~_ sx~g.. ~iot~axy Public ,.-c,„saioa'. a7KFZX~ ~w ~. I, 6e%4. ~ ~- i.1 t~