Laserfiche WebLink
<br />iii2RTGAGE ~ ~~ Q <br />~G <br />Z, ward y,, Aker and ,;ulia C..-Akan. taereby give: COMPfERCZAL E'EDERAI. <br />S~i98: e'1NPS LQAIT ASSt3CIATI02~ (~:mmercia3) a mortgage on the following. property: <br />Lot ikine t9), in dock six i6? in Dill and 4iustan's Addatian to-the City,: of Grand <br />island Ha21 County, itehraska. <br />if Hare than one person aigas: this mortgage, the word °'I" means "we." <br />This awrtgage secures a°Ioaa made .6y Goaereia2. A hate.dated the same date: as <br />thir mortgaEe`eoataina the tares far repayment ef'chat loan. If ti~at note is ever <br />cttwug+d ar re~lacad''by a nsm note, it wi11 still be secured by this mortgage. <br />Z prasise the fo22oQing thiaga: <br />1. A1.1 pa7aanta oa any sots or other debt secured by this mortgage will <br />ha' paid whan;`dua,' <br />2. An ineuzaaes policy for fire snd eztaaded coverage +.ri22 be kept in <br />forts oa the prop~:rty Sn as asouat at least equal to the debts secured <br />by this aertga;e plus say ether nortgsges listed is paragraph 5. The <br />isuurance coa~aay moat be satisfactory to Comeerciai sad Com®arc=al <br />will be a eased itunrad on the policy. <br />3. A$2 tasxe and"aesesroenta oa theproperty'will be paid before they..; <br />became da2ingwat. <br />4.`'go vase vil2 be.cciitted_on the property, and it w122 ba kept fa;`good' <br />repair: <br />5. 'fhe p=oPerty will not ba sold {iacludiag by land coatracC), leased, and <br />no iaterast is it viii be assigned is any way...: <br />6. I avn-tbe ps'oQarty free and dear, of aay other aortgages ar encusbrancea <br />~~_;Co~mercia3 Esdsral Saving 6 cur <br />7. '!Io ether sortsage ar lies oa the'property willevsr be alloyed to be is <br />default or be foree2osed.' <br />If aa~r of Chase prosisaa ua sot kept, t3san Coorarcia2 can declare all ^f the <br />dent`isidi.ata2r due a~ payable without adroanca Mice, ;Ths iaterest rate will <br />incraan to 14.00x, and this agrt;ag: can bs fdrec2oasd. Zf the debt is accelar- <br />ated.;then Zalso ass3gxt'sny rent as other Sacosa Eros chs property to Comsercial. <br />Certain asavnta era be paid b} Cossercial sad added to the debt'ascured bq <br />this aortgap. 'they era any carer ar insursncs L have agreed to pay but fail to, <br />' say attornq fw at court,sspas~ses Cosercial pays if it in made-a party,ta any <br />legal action brought by seasons slag concerainQ the-.property, and say attorney fees <br />ar court ~u +rhich the Iar night alloy if Coa••tsscia2-has toga to court against <br />as to collect the debt or foreclose this-sort;aga. If any of. these things haPPen, <br />than the additional debt will acarua intsresc at the game rats as the test of the <br />dsbc sad suet ba paid 1~wrdiate2X. <br />It this propsrq is aver ccndmmsed uadsr t3se pawn of eminent domain ar any simi-- <br />lu sathod of taking gropesty for public wa anp l+rocesda of the taking will be <br />paid to Ca~ercial up to'the full"aaweait of the debt secured, ,/ <br />PSay 7 ~ 1962 ,~° <br />F <br />STA"IS OE 1lEbRA5i~4 ~ sa . l <br />COGYI'Y1' 47 fiAi.i, ; <br />Oft this __ 'th deg of ~V^,~, 29 ~3 , 'ssiore ms, a notary public in <br />sad `or saki county. personally came r.,a,.a...a r._ _a~.Bh { - - kirrra '" <br />to x kt-awa to bs the identical par}on or persona vnoae cams is~ar names xre affixed; <br />co the abcvs Fsortp~ags, and they, ha ar she severa.~.~~y ackn~.wiedged *he said instru- <br />asat and the sx•tutian thereof to ba their voluntary act and dead'. <br />y ~ Shand smsi aocYria3 seal ttss Sap:.sad y+sartast abase ~~ittea. <br />{ u, COIN Wig: ~~ <br />,.) g <br />