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.~_ $G"'°~~~~~~1 M0+2TGRGe !, Sordon L. O'td2i11 4 CGileen K, O'Neill , hereby give COMMERCIAL. FEDERAh SAVINGS AND LOAN ASSOCtATiON' ~Commercia!) a mortgage bn the foilbwing proper*.y: Lot Two {7j i,i L1ocK Ter (lUi in Russel Wheeler's Addition' o theCity ofGrand Islana, hall ;;o~anty, ieebraska. If more thah ohe person signs this. mortgage, the word""I" means °we"`: This mortgage< secures a' loan made by Commercial: A note:.dated the same datz as this mortgage contains the!terms''for repayment of that loan: If that note;is ever changed or replaced by a new .notes it'wi11 still 'be secured by "this mortgage: I promise theifollowing things: 1. Ali payments on any_note or other debt .secured tby this mortgage wilt be paid when due; 2. An insurance-policy for fire and extended coverage will be kept' in force on she property 'in an amount at least equal o the' debts secured by this mortgage plus any other mortgages listed in ..paragraph' 6. The insurance company' must be satisfactory to Commercial, .and CbmmerciaP will be a named 'insured: on thz policy. 3. All taxes- and ;assessments on the: property wish be paid before they: become delinquent. 4. No waste will be' committed on'the property, and it wilt be kept in good repair. 5. The property will not be sold (including, by .land contract), ,leaser!;' and no interest in it wil( be; assigned in anyway. 6. i own the property ,free and clear of any other mortgages or encumbrances except: Commercial Federal Savin~~„& Loan Na other-..mortgage or:lien on -the .property will ever be allowed ;to be 1n" default or be foreclosed; If any of these promises. ace not' kept,. then Commercial cane declare' ail of a`;e .debt immediately due and payable :without advance notice. The-interest rate will increase to 19.00$ or any greater rate allowable 'by ,law at that time., and this mortgage;;. can be foreclosed. !f the debt 'is accelerated;: then l also assign any rent or other income rrom the property to Commercial. Certain amounts can 'be paid by Commercia: and added to the debt 'secured by tnis mortgage. They are any taxes or insurance 1 have agreed to -,pay but fail t any attorney fees or court expenses .Commercial .pays if..it is made a party to any:legal~act:on brought by someone e{se concerning :the property; and any attorney fees ar ccu rt expenses which the= taw ,might allow if -Commercial has to go ao court against me to col lzct the debt ar foreclose this mortgage. !f any bf these things happen;. then the :addit;onal debt will accrue interest at the same rate :as the -rest of the debt and must bz r:aid immediately. If this property is ever condemned under-.the power of eminent domain or 2ny slmi!ar method of taking property far public -use, any proceeds.: of the ?aK~n; ~-rirl be ~.d.d ~c Commercial up to the full"amount of the debt~ecur-ed. ~iJ ~~ f ~ l.~J ~ ~ l ~~ ~r~i-{x ~-;~? ~ ~-' _ ,ir, ~~ ~ %aff` Date STATE OF NEBf?ASF;A j COUNTY OF hALL ) ss" On this 11th day of Sey'Le~aber '!9 ii2 before me,~ a „n tart' publ~ .n ,~ ~_ ar,d for said county, personally came ,orcon L (3'Neill 3 Colleen ~ O,y~~3~e ,snow the identical person or persons whose name a or names are affixed to the above mortgr~~e, and they, he or she severally acknowledged the said 'instrument and the execution therec' to be their voluntary act and .deed. W(TNESs my hand and notarial seai.the day andyear tast above :written. ~iweuirvtut-N,u~Yy/r / tier :.omm. W. rxt tt. rf[4 _~ t~iotary r~ublic 'Ay can_:r, scion -~:p'r2s -~,; -~J:. ,~ t:j ~~ ~ , 4 ~. ..