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<br /> ��e�e����l 1196��TC;��� —Collaterae � ;: ` ,� =�—:—
<br /> � I�ed+�al Banlc ���� lEst�te �I��gage � . . � �.�.,��_
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<br /> Nariue oi Indebtadnws Loan Amowt 411aMity Oate Ini�i lnterest Rate
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<br /> Consumar Loan 3.158.Oa ` %'w.:�,_ ' ` � �
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<br /> herabi!B�Commereia{Fec?�al Bank,a Federat Savings Bank('Commaraal Fedaraf9 a mort,,a�e with power of sate�oi�o foliowing properry toyetfier wi� . ' 4`,-t
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<br /> - atl improvements now or ha�^ar encctod o++U+e propnrtY,and ail oasementa,rights end aFpu�...nanees thereta . ....__. _ . `
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<br /> QTY C3F �ID I�1YSD, �ILL wucra . I�t1�i�Qi• �. .�. . '�� _�_
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<br /> � N more than one person aigns thia Mortgage,the word'i'moana'we.' �::
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<br /> � This Mortgage secures a loan made by Commercial Fedaw�,as 6riafly described abova A note dated the same date a+this Mortgage containa the tarma for ':� .`�'i
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<br /> repaKnent oi that loan.Ii tfiat note ia aver changed o►replaced bY a now note,it vtiill bo sewrad hy this Mortgago. �>-�..
<br /> I promise the toltowiog thing.x '.- ��� �;�
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<br /> 1. AII paymanta on any note or other debt aeeured hy thia Mortgage will be paid when duc�. ,,.��. R ; �
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<br /> ' 2, qm ins�aanee policytor 5ra and extended coveraSe will be kept in foree on the property in an emount at teaat equal to G�a debta eocured by thia +�,:�. ..
<br /> • Mort e plw any other mortgapes listad in paragroPh 8 betow.The ins�uanco company must be aatiafactory to Cca�r�cial Fedaral,and �:`:��;�;Y.::._
<br /> ' Cornm�'al Federal will6a a narcr�inaured on tho policy. ��
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<br /> • 3. A!1 taxea and assesamonta on the p.-apeRy will bu paid befora thay become delinquent �
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<br /> 4. No waate will be co.-t.-�sitted on the Property.and it will be kept in pood repair. __
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<br /> � 6. 7he properly wi0 nst2e eold (including by tand contraatl.leased.and no intosa.�i s:�itwill be assigned in any►vwy. ��-w=-= -
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<br /> 0. 1 avun tfie P�rtY�end dear cf.^ny ather raoRgagas or eneurt+braneos EXCEPT �'��'.-. —
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<br /> ' 7. No mher mortgago a tien on the propertywill ever be atlowed W be in default or be toreetased '�
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<br /> " Ii any of tha�e prsxrr.;�s e►e not kept then Commereial Federal ean declare etl ot the debt immediataty due and payabte witfiout advanee notice.The +���::=,_ �;-
<br /> inierest rate will increase:0 19.0095 or any greater rate aBowabto bV Isw at that time,and this mortBase an be toraelo»d in�ccordanea with appGcab�alaw.11 :-,-„�`4r��,`�,R„_
<br /> ' the dabt ia aue:erated.then 1 alao aasign eny rent or otha Incomelmm tfie proporty to Commercial Fedeml. 7HE PARTIES AGREE TMAT THIS CONSTRUTES � :;�;�S T,,;,���;�, --�.
<br /> q COLLA7ERAL REAL ESTATE MOATCiA�=PURSUANT TO SO.OAKOTA C.�448-28 (FOR SO.DAKOTA AESIDENTS ONLY►. In the event e�any default in the :,,�„��;�_;_..,_�z,fi•,,
<br /> making c�any payment ar in keeping em��venant herein,thia Mortgape r.-�Se forectosed by ectiu�.or by advertisement es pravided by satuts a the rules • �y����,y�,�•���
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<br />.� ot practioe ralatinp thereto,and ffiis parar-:�h ahall be deerned ee authortan��d constituuting a power oi safe aa mentioned in said ststum or rules and any , ,�,,,,,,,_,r y,r��°�_
<br /> emendmsna thereto.an��+.ay retein ataAtory oosts and attomey teaa(SD.YYY.^rR4,OK,and MI residents onty). ''�-w.- ----
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<br /> Certain amount+e:c�`Lo Paid bY��'+���t Federal and added to the debt secured �/1hi�Mortgspe.They are any��or imuranee 1 have�greed to ' ;�r K��.,�.�,.,4�.
<br /> pay but fail to,any attomey taes or cai..^'t e�anaes Commercial Federal pays N it ia made a Carty�t any Iepaf action brougbt by someone etae coneemi�tha • (S Tyy. ';,';,y,�,� ,
<br /> P�y rn�any ananey teea or ca,�eapenaes wfiich the Iaw might a1lay H Commerciel federal haa to Qo to eourugainst me to eollect the dsbt a ;, _
<br /> � foractose Cra mortgapa I}any of theso ahings hapP�.�on the addi6onaS doht wfll occrue interost at tf:0�arno rote es 1ho rost oi tfio debt end must bo paid ,.. ..
<br /> immediate(y. :::s:.t �..,,�:-..,. :
<br /> 14 thia property ia ever eondemned under the powar of erninent doma��or any similar mothod oi rax�$propxtY tor p�:blio usB any proceads ot tho taltinp ''��. _.
<br /> u�ip be paid to Commeree�f Federal up to the tutl amount of tha debt aecur�d. , �___-:
<br /> Notlo�to Borrnrwr(for Oktahom�prat»rtYt A P��►c!sd�haa b�m iR�rR�d in this Mo�rtpa�.A P�►�r of aat+m �Ilow�Mor4ga8�M tnks tho .. +�;,� —_.-_
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<br /> Todatla Dato �( 30• 1997 Borrowola Sign ra �" ,
<br /> Bortowafn S' e ro , '. - , �^_-
<br /> 5TA7E OF P�' P� ; � ' ■- .`
<br /> � COUMY OF HAI+�+ 1
<br /> � On thia 30TH Eay a1 �� .18 97.beforo rno,a notary pubtie m and for aeid eounty, porsonatN came ' •
<br /> � �1N E � ffird I,FA AIZ1L•' � � , —
<br /> .to mo known to bo tho�dantical poraon or p�rsons whow
<br /> � namo ia o►oro affixed to the above matQage,and they,ho or sho sovorally aeknowla8ged tho said matrument and tho axaeutlon thareo!to 6o thair voluntary . _
<br /> � act und decd. ' ' '�
<br /> 1 WRNESS my hand and notarial seal the day and}roar last writton abovo- �/ J �,, � +�' � `�
<br /> �. ..f My eommiu�on �/'/�f'i i%• /� '��� �' '�- .... _ __ : 1
<br /> 1 `i a (�totnry Publfc"s Signaturo �- --� -'. �
<br /> . I NE-IN-WY-I - -M � DN-1077 (10/95) �:�-
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