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<br /> � s aca abova this lino tor recordin data. I#!Il #: 522207 � . '�;.�;
<br /> `� Commercl'aI IIIOORT�AGE - Coll�4eral �� �='���f�`-�
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<br /> � Federar B�n1k Real Estate Mortgage : -�����+_
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<br /> � Naturo oi Indebtodness Loan Amaunt Maturity Date Initia!ImerostRate ', •, M
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<br /> � �'s ConeumerLoan 28,335�41 9�000 � :. o�•-
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<br /> +.,;;;�„{ horo6y givs Commercial Federol Bank,a Federal S�vinp�Bank(•Commercial Federol') •mortgnpe,with power o1 esle,of the followinp property topetha vuth S, �R
<br /> all impravemente►now or hereafter ereated on the property,and all easementa,rights and eppurtenancea thereto: �'"'{'�'�
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<br /> � � � wr�r �rsr zwo sa�•�r oF r�o►�r zw�o �aa� �rx a� caai) . >�, _
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<br /> � >�� N more than one pemon aipna this Mortpage,the vw�d•1•moana'h�ve.' +�, �
<br /> '�',/ Thie Mortgage aenuro�a loan m�de by Commerciel fedbnl,ae brieflydeacribod above.A note dated the seme deto na this Mortpaeecontelns the tertns tor ' ''
<br /> � f� repayment oi thot loan.If thet note la ever chang e d orrop lac e d 6y a now noto,it wili bo aecurad b y thia Matgape. '` '�
<br /> , I promiae the followinp thinga: '' �;��
<br />' 7. All payment�on any note w othx debt aeeu►ed by thi�Mortgape wfll be paid wNcn due. •
<br /> ;_
<br /> . 2. M inav.ranco pdiay tor fire and extended coverage wfll be kept in force on the property in an amant�t least equal to the debU securod by this
<br /> Mortpepe plus eny other mortpepea listed In pxag►aph 9 below.The insuronce company muat be satiatactory to Canmercial F�oderd,and
<br /> � Commerciai Foderai wilt be a named insured on the policy. -
<br /> 3. All taxes and aaaoasrrbnta on the property will ha pald before thay bscome ddinquent
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<br />! _ ' ` ' 4. No weste wili bo committed on the property,nd[t wfll ba kept in goad ropair. ��'�'�
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<br /> -.: ,„.. 6. The property wi0 not be eoid (including by lendcomrsct�,Ieased,end no interost in it wfll be eulqned in any way. _
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<br /> - 8. I own tho properry fron and clear of�ny other mortgapes or encumbrancen EXCEPT
<br /> - � , � 7. No othx mortpape a Nen on the property wiMever be elimnred to be in dafsult a be forecloaed. —
<br /> -?=��': ' " ' IT�ny oi thes�promiaea�ro not kept,then Cornmerciel Fedenl cen decl�ro sli of ths debt immedfetaly duo and psyabls without�dvanee notice.The
<br />--�'�r...� intere�t rate wiil Increa�e to 19.00%w my yrs�ter�ete dlowable by law st that time,and thia mortgags can be iwealoaed in accorclancs wilh eppIlwhte law.If
<br /> "'•�'•'�"'° '; ihs debt la�cceleretsd,then I also atsipn any rent or aher income from the properry to Commeroial Fedorol. THE PARTIES AGREE THAT THIS CONSMUTES __
<br /> `'�"'.�'::+�.� �• A GOLLA7ERAL flFAL ESTAtE MORTGA(3E PURSUANf TO 60.DAKOTA C.L 44-8-28 (FOR S0.DAKOTA RESIDENTS ONLY►. In tha event o1 sny detault In the =_ _
<br /> �� ma{.inp of eny payment a in keepinp any covemnt fieroln,thfs MortB�pe may be faec!o�ed by ectiai,a by advertiaement�s provided by sututs or the rulu _ - __
<br /> T�.�•'• of preotice retatinp thereto,end thi�pareproph ehali bodaemed a�nuthorizinp and comtltutinp e pow�cr oi eaio ea mentioned in eafd etetute or rules and any —
<br /> � .�;, , • �mendmsnt thereto,end may retafn etetutory costs end attomey feee(SD,WY.MN,OK,end MI rosidents oniy►. _— ___ ___
<br /> ,'� Certain amounte un be paid hy Commercfal F�dual end edded to the debt�ec�rod by thia Mortgage.Thsy aro eny taxes or Insurance I have�proed to �-��„
<br /> ' �� pey but teil to,eny ettaney fess a court expenaea Canmerefal Federol paya if it ia msde e party et any lepal eotion broupht by amoone eiw concixnin8 the �;_-�,�
<br /> �• � properry,end any ettomey tees a court expense�whkh the law mipht eilow if Commorciel Federal hes to po to caurt apemet me to eolleotthe debt a —'-'�°"-= "'°"-°.
<br /> toreclo�e thia mortpaBe.If any of thea9 things happan,then tho addidonnl debt will accrue fnteroat et the eeme rnte es the roat of the debt�nd must be pafd �1�i:::
<br /> fmmedlately. -- -
<br /> � If tMa property ie ovor condemned undar the poxer o(eminont domein or eny efm�ler mothod ut taking proporry tor publie wu,nny procueda ot tho takinp _"_T�'T-�_T`-.::
<br /> witl be puid to Commorciai Fadoral up to tho tuli arreount of tho dabt axw�ed. --
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<br /> , Notio�to Borrower(Por Oklahom�prop�rty): A povnr of��M h�o bpn gnnbd lo this flRortp�g�. A pow�r of�d�m�y�Ilow tfi�M_o�a�to t�k�th� :.":.;r,°�r�Yir:
<br /> . • ■ Prop� �ncT� w� o po np n� nc os • on pon •�uTf6 un �r__s _�Q�. ?'''�. . .
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<br /> . 7oday'a Date F'�y 10, 1997 eorrowera Sipneturo � L AI�IZ9CN ; ' �
<br /> Borruwer'a Signeturo ., „
<br /> STATE OF I�AA� 1
<br /> � 66. � �
<br /> COUfJTY OF �ALL )
<br /> On thla 10� dey of � .19 97 .betore mo,e notary public in and for�aid munry, personally came
<br /> � � �� to me known to be tho idonticel poroon or persona whoss �
<br /> narne ie or ero aNxed to the�bova mortgaqo,and they.he or ehe severally ocknowledgod tho seid inatrumont ond tho oxocution thareof to be their voluntary �
<br /> nctend deed.
<br /> • WITNESS my hand on �jj��y,�p ' n obove. J f / �/ y,//� „
<br /> My commwaion expiroc �Y�$119 Q��w{1S� ��1N/Y f1.9`�11 �\_ �I K!�i Yn/� I ., �
<br /> CQN$TAIV . Notery Publiob Signaturo
<br /> NE-IN-WY-IL-SD MA�m��:��ri�� DN-1077 (10/96)
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