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~~-uU3~354 <br />~~ <br />I, ,Soaeoh A ~+~* sad Furl ~!_ rte,. _. hereby give C&CIAI. P'EDE$AI. <br />SiS IA~i ASS(ICIt#Tlf~di {Coase*ra~.i a mortgage on the folloviag property: <br />test Tro~eaty {20) iss Hidden Laken Subdivision ~Sumber Taro, being a part of the Sa+.rti:eaat <br />Quarter of the Nox•theast t3uaz'ter {S£ i/~ :dE l/~+) and a part of the North :calf of the <br />i3ortheaat Quarter of the Southeast Quax2er {y ill NE 1J~ SE il"~) of Section 13, <br />Tarasi:ip 11 North, Range 4 Kest of the 6th P.M. is hall County, Nebraska <br />If affire then one person aigas this mortgage, the word "I" means "ve." <br />Th3.a amztgage secures a loan made by Ctraeercial. A note dated the sane dais a$ <br />this mortgage contaiae the tares for repayment of that lase. If that cote is ever <br />cheaged or replaeed by a Weer :sots, it zaill still be seeured by this mortgage. <br />I proeise the fallowing thugs: <br />1, A12 p=yments on sap note or other debt seeured by thla ~rtgags will <br />6s paid when due. <br />~. Aa iasursssee policy for fire and ezteaded coverage will be kept is <br />force oa the property S.n an astsuat ere least equal to the debts aeeured <br />by this mortgage pins a¢sy other mortgagee listed in paragraph 6. The <br />insuraaee cosspssty a~sat bs satiafaetory to Commercial, and Commarciai <br />will ba a named insured oa the policy. will bs paid befase thep <br />3. All tsaeie and smssstsenta oa rise property <br />4. 'Ao seraete wi11 be committed on the prcnpertp, sad it w21i be kept in good <br />repair. <br />g, The property will oat be wild (including by iand contract), iessed, and <br />an iatareet is it will be assigned is say way. <br />b. I own the property free sad clear of aaq other ~acsrtgagss or encumbrances <br />escept <br />J. ~ outer mortgage or lisa an the property will ever be allowed to be in <br />default or b• foreclosed. <br />If ,~ of thee: promis®s ors sot kept. ehsa Commercial can declare all of the <br />dadtt immediately due and payable vlthaut advance erotica. The interest race will <br />inereass to 19.4QR, sad this aorta;a ran bs foreeleaesf= If the debt is accelsr- <br />atsd, rhea Z also assign any resit or other iaeo~ frog the proper*_y to Co~sercial. <br />Gartaia amRSUats cats bra Paid ~ C~ ~'''-a'° sad ~ to the debt secured by <br />..~ s ~rt--a t'*~+ a±~ ~±? tea or s~ur~taes I :save a;.aid to pay but Fail to, <br />_~ ,lttnra~r faaa or court aspsases %vteial pays if it is wade a party to say <br />~„#~ aC~1Alt brOitt by someone else c.sra3~g tip pr~P=~tyr ~ 'K`a °tit~':."~f -~3 <br />or hurt s3citemass which the lass aigist allay if Cosserciai has to go is L~s-t jai;;; t <br />aia tss col3,sct the debt or foreclose this axsrt;egs. If any of chess this;s happen, <br />thmt the additional debt will aecrus iaternt at the sae rate as the rest of the <br />deBt s~ meet ba paid l~ediately. <br />Ik this Property is aver eondsmnsd under the power o€ ~of~the~takiag wtllybeimi- <br />3as ,eti~d of taisia; P.roPert'7 for public :see, any procyedld s <br />paid to Caaaareial up to the full asounC of the debt seccred. <br />)~~ fi <br />J'u~y :'~., 181 !aJ' . ~ ,~.' ~; 4_ - <br />Dete <br />t?~ - ~ <br />~ i'~LI: ) <br />~ CAis ~ d~a!' of ,..,y,~ 19~~ , before sis, a notary Fublic in <br />ssui for a~tid ceuetty', pera~a2ly ~ ~~ "' <br />to eta to be the idsatical persaa or Asrw~ whose nun s or nam~ss are affixed. <br />to rise eve mort;age, aAd they, he or she ssvrrally aeknowled;ed the said instru- <br />sraa[ sad the es~ec~aciom titareof to bs their volsttstarp art and deed. <br />y~ :sal the day atsd pear last above written. <br />„- ,avL-ary ?ubllt <br />.. il$ <br />