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<br /> Commercial Federal Bank,P.O.Box 1 103,Consumer Loana,Omaha NE 68101.Branch phone number ° ��—
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<br /> Space ebove thfa hna for recording date. � �� 7��� r, . _
<br /> Commerclal MORTGAGE - Collateral �U�
<br /> �� r Federal Barek Real Estate Mort a e '�-�'
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<br /> � Nature of Indebtedneaa Loen Amount Maturity Date Initial interost Rate `
<br /> ' ConsurnerLoan 31,036.5Q 02/16/03 7.75U ] �
<br /> �. I3AISIY D D�iN end C�lRi�tII� Dk3�1N • ::.r�:
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<br /> heraby give Commercial Federal Bank,a Fedoral Savings Bank("Commercial Federal'),whose addresa is P O � 1103. �.
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<br /> Q�A� I� 68101 a monyage,v�nth power of selo,of the following proporty together with all improvementa now or ��a`
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<br /> hereaftar erected on the proparty,and all easementa,righta and appurtanancea thereto:
<br /> � LCyP C�, ��.�� Dk�iN FIl13bI .3�D1Y18ICN� F�lLi� �TPY� I�RA�A.
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<br /> . If more Ihan one peraon aigne thia Mortgage,the word•I'means'wo.' f.':�, =
<br /> - Ih�a Morteu9e securea a ioen maae by Gommarciai Fedemi nviJnncc,l L . ''���' ` -~
<br /> A note dated the same date as thia Mortgape in the umount of S� 3��.Q36.50 ,with interest at the initiai rete of Z.75� 96 ,� E�`�
<br /> • par annum,conteina the terma for rapayment of�hat loan.If thot noto ia ever chenged or replaced by a now noto,it will be aecured by thie Mortpipe. `;.��
<br /> I prorrwte the following th�ngs: �.l t '
<br /> 7. qN paymenta on any note or other debt aecured by Ihis Mortgage will be paid whon due. ' �
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<br /> 2. M insumnce policy tor fire end eMendod covorage will ba kept m torca on the property m an amount at least equal to tho debta aecured by this �
<br /> Mortgape plus any other mortgages lieted in paragraph 8 below.The msurance company muat be aetfafaatory to Commercial Federal,and j•. '
<br /> Commarciai Federal will be a namad inaured on the pol�cy.
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<br /> 3. qN taxes and assossmanta on the property wili be pa�d befora they becoma deiinquent.
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<br /> i 4. No wnate wiil be committed on the pro and it vnll be ke t m ood ropaic 1��''�
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<br /> � 6. The property will not be aold (including by land coMract),leaaed,and no intarast m it will be aaaigned in any way. {yp,fl{�,�,;,
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<br /> 8. I own the properry free and elear o(aay other mortgagea or encumbrancea EXCEPT I''A�g ��'+' �� � �''°""`�
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<br /> � 7. No other mortgaga a lien on the property will ever be ellowed to be m default or be forecloaed. r, u
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<br />_ � If any of these promiaoa ere not kopt,then Commercial Fadoral can declare all of the debt immediately due and payable without advance notice.
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<br /> Exceptione may be reqwred by law.The interoat rate will meroaae to 19.00%a nny leaaer oi the maximum rate allowable by law at that time,and thie ���=1-
<br /> mortgage can bo forecbsed m eccordanca with applicable law.If the debt ia accoloratad,thon I alno aasign any ront or other mcome irom the property to �•••,.��
<br /> Commercial Federel. THE PARTIES AGREE THAT THIS CUNSTITUTES A COLLATERAL FEAL ESTATE MORTGAGE PURSUANT TO S0.DAKOTA C.L 448-28 .'*�-�_
<br /> _ � (FOR S0.DAKOTA RESIDEMS ONLY�. In the event of eny detault in the making of any payment or in keeping eny cove�ant horein,this Mortgepe may be ' `-_
<br /> forecloaed by action,or by advortisement aa provided by atetuto or the rules of practico rdatmg thereto,and thia paragreph ehell be deamed aa euthorivng and '�'. '�°�
<br /> conatituung a power of eale aa mentioned�n aaid atatute a rulea and any amendmont thereto,and may retain atntutory eoste and attomoy foea(SD,WY,MN, ":",•;"�'��'.fti. �
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<br />_ � Certain amounta can be pa�d by Commercial Federal and added to tho debt securod by thfa Mortgega.Induding nny taxea or inaurenco I hava apreed to ':.� ':',�'."..
<br />_ pey but fail to.any attomoy foos or court exponsea Commercial Federol pnya if it is mado a party at any legal action brought by aomeone olae conceming the '.`�r••
<br />-� � properry,and eny attomey f�ea or court exponsoa which the law m�ght allow d Commorcial Fadoral has to go to court againet me to collect the debt or � .
<br /> forecloao th�s mortgape.If any oi thoao things happen,then the addit�onal dobt v�nll eccruo interest bt tho aamo rato as tho roat of tho dobt and must be pafd
<br />- immediately. ,.
<br /> - � If thin property ia aver tondomnad undor tho powor ol em�nent doma�n or any similar ntethod of taking proparty for public uso,any procoeds of tho tnking ,
<br /> � anll bo paid to Commorcial Fodoral up to tha full amount d tho dabt aecured.
<br /> � Borrowar worvas ali nght ot homastead oxo�nption m tho proporly ond futuro warves nII nghts of rodomption,oxomption,distnbutrvo ahr�ro and dowor.
<br /> Notio�to Bortow�r Ifor Okl�home ro ): A ow�r of sd�has bNn pnnbd in tfib Mortpe �. A w�r ot a�l�ma dlow tM Mo a �to tak�ffi� '
<br /> mo g�g� pro • an s� w o po ng o oou n e oroo oauro a on upon •�u � rrow�r un �r • o �g�.
<br />_ � 02/10/98 DADII�]Y D DII�N ��'`��G--�--� ���`-N-�-^f �
<br /> � Today'sDoto Borrowors Typed Namo Borrowor'a Signa �
<br /> � CFI�t'R�II'' DFi�I�T1N �}C� 1�.4 �A� ��...,_-_
<br /> Borrowers Typod Name Borrowor's Signature
<br /> � ssao s � an p,Lnp,, NE 68810 � - _
<br /> Borrowor'a Addross
<br /> STATE OF IV�R�SF�I 1 I
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<br />� COUNTYOF HALL 1 4S
<br /> On ihis 1�� dny of _ '� .19.98 ,boforo mo,i�notary pubhc in nnd tor smd county, porsonnlly camo ,
<br /> DAI�Il�IY D DEt�I�lN and CATHIItII� DF�I�N _ , ,a mu known to bo Iho idontical porson or pmsons whoso
<br />— namo�s or oro affixod to tho ebova mortgnga,and Ihay,ho/sho/thoy Sove�olly ecknowlodpod tho smd mstrumunt nnd tho oaocuLOn thoroof to bo thov -
<br />� voluntarynct�nd dood
<br />-�� WI1NE55 my hand rmd • a tho dn and oar last wniton abovo �
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<br /> ' My CommiBS�on oxpvos __ t .mr.��?:ti. p ( /��(.I./�%�,(� f\ _ � N•C-r�l� --
<br /> • NE• IN•WY- IL-SD- I- -��iP���'C[k.;'I.UAi4 Y Notnry Public's Signntur� DN-1077 (07/97� �
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