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_~_.__e~.... _. <br />..,._. ... , :_ :_:~ _~_ .:_, . _t___.__ _ <br />r~x~cACs <br />82~~:i~53 <br />I' H3.bert d. Sc.'~laic:i and Nadine 3, Schlaich hereby give COI+IlKERCZAL FEDERAL: <br />SAVLWGS 61bID LOAN ASSQCIA?3014 4Cn7®crcia3.) a mortgage on the following property: <br />Lct Three C3} in S1oCk Faun {b~ in naffs and Eii11s Addition 'ta the City of Grand Tslaad' <br />'stall ~AUnty, :.ebraaka. <br />If more than sae persoa signtr this mortgage, the word '+I" means..."ve,++ <br />'Thin ~eartgags secures a lase made bq.Commerciai. A sore dated the saw date-as <br />th3 no rtgage`cnntana the terms for repayment of that loan:. If that sots is ever <br />changsd or replaced by a--acv note, it'sr1.11 still be secured by this mortgage, <br />I prosise cha follwing thiagsa <br />l., All geysantr oa say its or ocher debt secured by this mortgage will. <br />bs paid vhsa-due, <br />7, Ao issutan+ce gaiieT for fire and ezteaded covezags will bs kept. is <br />£nscs nn 'the propsrty is as amouat at.leart equal to the debts secured <br />by this snrtgags slur say other anrtgager listed is paragraph b. The <br />iasuranca coap~'~nat ba satisfsctnry to Commercial, aad Commercial <br />radii be s awed iarured oa the policy:- <br />3. Ali..tazes-and- uswsagts oa tlu property vill be paid be#ore they <br />breams delinqusat• <br />4. lfe vrarte vill be casittad oa the property, and it will be kept 'in good <br />sepsis. <br />5: 'Tha p~pe~ viil rant b# sold (inciudsng by lead contract, Ieasad, and <br />an interest-a 1t vili bs assigned is say va7r. <br />b'. T nor t3ta pmPazty free and clear of ', say other mortgages or encumbrances <br />except Ca~ercial Federsi Savings 6 Loan Acaociation <br />7. No other mortgep or iien.nn the pr,oy~ezty vill ever be allovad to be in <br />default of ba £aredassd: <br />If ~ru7r of thus Prasiisss ass sot kept. than- Ccsarcial caa declare all of the <br />dsht'is~sdt:rely dye arad ~ay:~ie without advance natter. .'The interest rate will <br />increrse to 19.i#Ot'aad c3~is sartgege'can bs fateclosed. If the debt is;,acceier <br />at+ed, then Z also'asaig,R any r+at ar ether incase froe the prapsrty to Commercial. <br />Crrta3a a~auats eaa bs,paid h9 Commercial and added to the debt secured by <br />. this mart~e. 'They are;-aay takes ar insuraaca I hays agrasd to pay but, fallta, <br />say attarasy foe az cnurt e~tpasser Co~arciai Paya if it is made a party to any <br />lesel actioa brou~t by sasaane sls~t cvacarning the property, aad aay attorney fees <br />or court expenses which the lay, sight alloy ii` Caserciai has to go to court a$aiast <br />as to collect thr debt or fst*ciors this mortgage. Z` say of t3~ese titinga happen, <br />than chs additional debt will accrue fatersrt at the ease racy ar the rest of the <br />dabc aad moat ba paid Samediataly. <br />Ii this property tat ever ceademned uadez the poser of esiaeat domain or any sie*.- <br />1az method of tauag prapsrty for pvhl3c ~rsaay proceeds of the°taklaR will be <br />paid ca Cosezciai up to the ful3 mnt3IIt of .the debt secured. ~ <br />,- _ <br />?isy is 19$2 ~ ~ ,: <br />bats "'~'~- , J, '~~x <br />3'IICTE (I£ :[*,.hRASRA ~ ar. <br />COt7ti'TY Qf h:ALi. <br />L`n t3tiia 10th day of riar l9 ~, befnre ma. a :rotary puh~ ;~. <br />as~d `ot aaidccnsaty, paraanaliq caa+e s.hert t~ ~haa~~~ -' ~~~-'~ T --:.- --_,._ _ <br />t4 et ~cnava to be the identical paraoct ar persons "hose name SsRor tames are ~ffi~-e~~ <br />to the abora mortgar~e, and they, ha or she severalty ac;cnruledged tie paid iastru-- <br />sent awed. tees axscut:.aa ti:ezaaf to be Chair voluntary act and deed. <br />~_y,a,a;~tarial sea;. the day and year '.~st abc~re ~.r . ~ per.. <br />glkrt~ meet - a«, s s.~.«a i <br />YiIFKVwMrc~K / { <br />i i' r"i ~ f ~A _ . _.~~ <br />Yt ~iwrn F.~ sap 1s. s~ i r ~ _,..,,,.. <br />,.. ^1..,l:Al <br />