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<br /> ------------------------------------------------------------- Loen#i--50336Z '
<br /> Space abwe thia line tor racording data. ' - °
<br /> . -•„
<br /> �Comm�er�l MOFiT'GAGIE— Collateral ;��
<br /> �Fed�ral'B�nk Real �stat� IVlortgage �. _y
<br /> ,: ��:
<br /> N�sturo oiYuie�Madness Loan Amount Meturiry Date ' Initial Interoat Rete ` -_
<br /> Consumet'Loen � 19.255�00 �'9�� z��, � �-
<br /> i. ��Y�L a�d J�1 B[N�T� ' -
<br /> ,_,.� heroby piva Commorcial Fedarai Bank,a Foderal Savinpa Bank(•Commercial Foderal') a mortpape,wfth pow�er of aeto,of thu foilowfnp property topethar with
<br /> , dl Improvemenb now or haro�fter meotsd on the proporty,�nd�tl euemanu,riphu end appurtsnences iheroto:
<br /> ti LaP 8IE (6L. HI1QfSC F'IVE (5?�__��lRLEB V�1��1t'B J1i�I'!'1CN T�
<br /> 'I'i�, Ci'i'Y c7r• G�tl�l1�D I�,AI�D� ��J� �l!'Y� I�R11f�Q1.
<br /> � _
<br /> . �
<br /> If ma�A�n oe�pxwn alpns thi�Mortp�p�,th�v`urd•I'm�a�s'�wi." —
<br /> � 'fhl�Ntonpp�wcuru a Iwn mad�by Commsrcial FsdKN,��bri�0y d�edbed�bow.A nots d+t�d thc um�dat�ea thia Matp�pe conteim the term�iw
<br /> r�p�ym�ntd th�t Iwn.it that not�Is sver chanperJ or repl�c�d by a new note,ft wili b�tseurod by thia Martpqe. `.
<br /> • I prors�ixth�following thinQs:
<br />=;,,:, . 1. All aym�nu on�ny not�or otha dsbt secund by thfs Mortpspe v�ill be paid when dus.
<br />�'�� � 2. An hsunnee poiioy for firo and extended coversge wiil be kept in faee on the propsrty in an artaunt�t leut eqwl to the dabU securod by this
<br /> `� ' • • Malpage plu��ny other mortpapss listed in p�ragnph 8 bslow.The in:urancs comp+ny must M�aGdsctay to Commercfal Fedenl,end
<br />. ' Commercial Fedsnl will be o narned inaurod on ths poli¢y. -
<br />'�,�, • ,4� 3. All�uces and euessmena on ths property wiA be psid betoro they 6xome delinquant. _-
<br /> r����`!'�r,=•:;, 4. [W ws�te will he committed on the property,and it wili be kept in pood ropair. _
<br />�,.:..�:r.M.;, � �
<br />�:::;,;,„t ,: 6. TM pr�aperty will not be sold (including by land contrent),lee�ed,and no intereat(n it will be eaaipned in any way. _
<br />�aT�'.' �� '��a
<br />=-Y""'�'��.'."�' � 9. �orm the p►operty free end clear o9 any other mortppet or eneumbrences EXCEPT `"
<br /> -��,� -
<br />=a��;���,;�} 7. Noother mortpspe or lien on the propsrty well avx be aliowxl to be in dei�uit or 6s foreclosad.
<br /> 1�,,:_`>.i�:�> --
<br /> '�"�t?��y?': If snyof these promise��ro not kept then Cammerciel Federal can da�aro ell of the dabt immaditlety due and pay+bl�wlthout adwnce notlee.The _
<br />-'�="-���>':• (nt�t ��uwill Inenete to 19.00%or any proster nte allowable byIaw�t that time,and thli mortp�pe ca�be foratoud in accordancs wfth appIloabl�lew{i �
<br /> �:='•= the debt U�ce�ixatsd,thsn I alw aaipn any ront w other Income Irom the property to Co:nms►cf�l Federal.THE PARIIES AGREE THAT THIS CONSTITUTES --
<br /> �='+' A COLLATEflAL REAL ESTATE MOFiT(3AGE PURSUANT TO SO.DAKOTA GL 44&20 (FdR SO.DAKOTA RCSIDENTS ONLI�. In tfie event ot�ny dsfault in th� -_-
<br /> -y..'+��� mak{ap d�ny paynant or In keepfnp my covenent herein,thfe Monpepo m�y ba foroclosed by actia�,a by�dverUwment as provided by atatut�or the rules --
<br />_- °��� � of pncYsarNntinp thereto.�nd this parspnph ahall I»de�med u�utho�iring and conttitutlnp e poweroF eale as menUoned in safd sUtute at rules ond�ny _
<br />���'��. ,�, '•. amend��wnt theroto,end may rotain etatutory coeta end nttomey teea(SD,WN,MN.OK,and MI roddonU onry). e_
<br /> -� • • Csrt+in amounte cen be pafd by Commxcfel Federal and edded to the debt securod by this Mortp�pe.Thcy ere any texet or fnsurance I have sproad to
<br /> - . pay but t�l to,e�y eriomey fees or court expenses Commerciel Federel payt if it is made a party at eny leeel ection brought by someons elss conceminq the '_—='`
<br /> property,nd �ny attomey fees or court expsnws whlch thn Inw mipht ailow H Commerciel Federd ha�to po to court apainst me to colixt the debt or ,����_
<br /> . � . forocloseVds mortp�pe.If any of thesa thinpa heppen,then thu edditionaldebt will accrue intereit st the sune�ate as ths rost of the debt end must be paid =
<br /> _ immediatdy --__.-.
<br /> . It tt�bproperty le ever condomned undor tho power ot ominont domain or eny simiter method of tekinp propary tor public uae,ony proceeds of the teking ___
<br /> will bs p�id to Commercfal Federel up to the full amount of the debt exurod. .;;;;�;-�
<br /> . , NoUo�to8o►row�►lla Oklahoma ): A war o}sd�h��bNn r�nt�d fn thi�M . A wu of nl�m� �Ibw tt»M to t�k�th� ' �' ^�`°°"``-
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<br /> -- -� --�- �ovry�vne P��LS�ARt�y /� 1771 .. . ......� 'v. ...� -`- _.._.
<br /> a Signat e '
<br /> , STATE Oi I�ZASKA 1 '
<br /> COUNT"YOF HALL j �
<br /> On tlu� 7� doy of � , 18 97.6etore mo,e norory public in and for naid county, poraonally came
<br /> aT�"9�LL AL]d a7��C �C�+ to me knoxm to bo tho identical poreon or porsona whosa
<br /> nemo im aero eHixed to the ebove mortgape,end they,he or ehe eeverally ecknowladped the eald in�trument and lho oxocution thoroof to bo iholr voluntnry ^
<br /> � nat ond deed.
<br /> WITNESS my hnnd an 'i O `� n a6ovo. / / � -y � /J�
<br /> - �> Mycornmissionexpiren: e�'���hN f,�1U1��i1L/"( K�ff .�/Y.s� -
<br /> £xp.Jon.24,1�399 Notery Public'e Sipneturo
<br /> � RI�•IiV•V1lY-IL-SD ON-1077 (10/95f ,
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