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<br /> Spaee ebove thi�line fa�recordin0 dats. LO!!I1 = 687427 � t�,����;
<br /> ., Cornmeircf�l �ORT�AGE -� Cc�lla�teral �� �ssm°-�`---
<br /> �� � Fe�ra1�arek 10090� Fieal �state �llortg�ge ,:�=-�=�--_
<br /> ' � �• � .,.::C�F F-�`.
<br /> � Neturo of indebtedneas loan Nnount Matu�iry Date Initial Intsraat R�ts ;a��:��,_
<br /> ].3.950 .._ _
<br /> Consumsr Lonn 20,000.00 -••;:_
<br /> R s r��a
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<br /> "• i, ItfJD A YAE�F� and D�tPi M I�.� �.,��*
<br /> � hereby pive Commeneial Federa!8enk,a Fodon�Savinps Bank('Commercial Federal') a mortpaye,with powar of eale,of tho toliow+np property topether with
<br /> all improvements now or haeaftx eroated on the properry.and ofi eatert�enu,dghu and appurtenancea tharoto: - -__ —
<br /> , _� �' "'_—_—
<br /> �;..���� T� g,�STIItLY RR� (3Q) �P OF LO►r S�JF�I (7) l�I� � �.��—°
<br /> �: �,Y �1'Y FZVE�35) FFL�' OF !A� EYCIIiT (�_ BTAfSC
<br /> ��``�"i lZ�; �1�. RII$' �l�DITl '!� D(x�PlQ1N. �aT+I+ Wo��il'7c� I�RI!ffiQ�� �;�e+�'
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<br /> It moro than one peraan e�0na thic Martpago,tho t:ord'I'mnnm'we-'
<br /> � repn iymenof that losnr�t ha��e i�s�ever c�pad or replsced 6y e�naw notebf�ab ti�ured by thia M rto e�a ate ea thfa Mortpape aonta�ns tho terms fw
<br /> " I promise the idlov�in0 thing�: =
<br /> �,:.�.``'; �
<br /> • 1. All peymente o��ny note or otha debt sacured by this M�xtpapa will bs p�id wh�n due. r �
<br />-., 2. �1n inau e�Iw aoy other mortpapas 1�ted in paro9p�ph 0 6npow.The naunn e copmpa Y must be asti►taatory to 'ComtmerCiab Pedualr.�i^dY thl�
<br /> .. , Mortpap P
<br /> Comm�rcfal Federal will be a named insurod on the poliay.
<br /> ; —
<br />�'"' 3. WI texes and asaestmenU on ths property wi�l be paid betwe they become delinquen� �;�+.�-
<br /> :s,.�. ..-. � .
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<br /> , . 4. No weate will be comenittod on the properry.snd it vuill be kept in good rop+r•
<br />__�'.•.�'•�•• °a" w 6. The property vuf��not be add (inr.ludinp by land contrent�,leatsd,and no interoit En it will be assipned in any way. .
<br />-"` �� � 6. I ovm the propertY iree nnd clear of ony otha mortpapei a encumbnnr,e�EXCEPT �'
<br />_��;i. � — _.
<br /> . . . 7. No other mort0ape or Ilon on the prope►ty will evsr he allowed to bo in defeult a be foreclosed. "�' __
<br /> ' . ;. �
<br /> _ �v�Y '.y... .
<br /> li any oi thes�prom�sea mre not kept,then Commercial Fsdsnl can dect�ro�II of the debt imm�diatsy due�nd payible without adv�nce notics.The _
<br /> �' `��• interost nts wiil increaas to 19.00%or my groater rate dlovv�bls by law at thot tims,and thli mortpaye can be toroclosed in eccord�nce with�pPIlubls law.It �
<br />"�`'""''�""" �' the debt ia eccelafnted,then I aiw aufgn�ny ront or oiher income from the proputy to Commerc���Federel. TNE PARTiES AOiiEE THAT THIS CONSTiTUTES ._-_____
<br /> A COLLAlTF14�L RFAL ESTATE MORTGA(iE PUHSUAPJT TO S0.DAKOTA C.L 4�5-8�28 (FOR 60.DAKOTA RESIOENTS ONLY►. In ths event oi any defeu►t in tho �,���_.._.
<br /> m�kfng ot any pnyment or in keepinp eny covenant herein,thia Mortp+pe may bs foreclosed by eation,a by�dwrtisemsnt as p:ovided by etatute a the tute� �;ti�;. —
<br /> � o}preatice relstinq theroto,end thia parepraph ahall be deemed ea authori:inp and conatitutinp a pc�wer of nate as mentioned in safd st�tute w rules and any ` ___.
<br /> cmendment thsroto,�nd may rot�in etatutory coatn end�ttomey foes(SD.VYY.MN,OK.a�d MI rosidents only�. �__ �_.�,..
<br />- '� a i d b C a n m ercial Federal and udded to the debt aecurod by thia MortpWe•7heY a�e any taxei a inaurence I h�ve apreed to =.--
<br /> •� Cettain emounts can be p y •.
<br /> r roy b�ut faend an sttom�feer u►court xp�x�s0s which tha law mipht�alioyw ItitCommorcisi pFedenl h,i t�po ot court s�pihn t ms�to�col�Isut the debtm�+110 the �t_�._�� .
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<br /> ,��;;'� p p �� Y e.If en ot thess thin �happen,thsn the�ddition�l debt wfll accrue interott at the ssme ats�s the rat oi the dsbt and muat be pAfd F-`'"'���__
<br /> � foreclosethfs mort0ep Y 0 � — ---
<br /> immedfately. ',��. �
<br /> i ``�` ti•s
<br /> If this property fs ever condemned unde the power of eminent domain a any eimilnr method ot tnkiny property for pubtin ure,ar.y proceeds of the Uking �p,�,�,� • ,�; �:
<br /> wiif be paid to Commer�ci+l Federal up to the full amount ot the debt seeured. 4.��'•�:e!:4��;;,:. :
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<br /> � Natio�to E)orrovwr(iw Oklahom•pro�p��rlyl: A pow�r of��t�has bMn pnnt�d In thh Mortp�p�. A pow s°t1'�a�r�tlow tfi�Ma4o!g�m t�ks ttN , f
<br /> � �n � � �'$o�u-po ny a n• ono�aUa�upon a�r�u�z oY��ro...r u w, ,r�p� -
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<br /> - . = - - . _. --�-- �� �„� - _-
<br /> �::____ __- -:_-_l TOdQ a Data � �� 1997 �pne�v�o '-iv.Al �s --..-__-_._ __.__- _:-. -�.
<br /> 1 � �/ � ' „
<br /> I /1 i' G'-
<br /> Borrovw a �gnaturo , I
<br /> STATE Of I�$�► I •
<br /> � na.
<br /> - COUNTY OF H�Y� 1
<br /> On thia ��' dey of � .7 8 9`� ,betare me,e notery public in end for seid county, personelty camo
<br /> � � i�. a� �� �jlW�.',F! . to mo knovm to be the identical poreon or peroona wfioso
<br /> _ namo ie w ere etlixed to the above mongago,end they,he or nhe soverelly ecknowfedped the eaid in�trumunt and the e�cecution thereof to b th r voluntary
<br /> " eot and deed. '
<br /> - WITNESS my hend end na eriel soal tj�p� ay end yenr last�+mtten ebow. � `r� `/ ��I
<br /> , � i �� l � � �.c'�LC �
<br /> My commfealon expiros: _w— '
<br /> turo
<br /> �� NE-IN•WY-IL-SD-MI-AZ•MN-IA CENEMI NOTAAV M ihlt�q DN-1077 (10/96) ��
<br /> JENNtFE�i L.SCMWIIVOT
<br /> • I c!'_8�..��!f0.f 99!
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