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<br /> ' • ---"-"------ S aco obova ihie Ifne for rxordin deta. Ir0l1A �i 509075 �
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<br /> . Comen�rclsl MORTGAGE — Collateral �� , _,:. _
<br /> � Fed�ral Bank Fieal �s�ate Mortgage � .��-�����
<br /> � :y;___.
<br /> Msturi Date InitiallntxestRste ��*;=�---
<br /> � Nsture of Indebtednesa LoenM�ount � --'"`""�- -
<br /> Coneumer Loan 4,000.00 7.990 y','�
<br /> � •,�;,.=:=r
<br /> � V=�p p� B(��tF�iD eIld I�RII�YN F HC�F�iU t ether with '' '"__—
<br /> hereby 0i���cial fedsni Bank,a Fed�nl S�vinp�Bank('Commereial Fedenl') a�rturtenanc e t ro o:t 8°le,of the idlowinfl propercV o0 _
<br /> �� ell improvements now or hereafter sroated ui the property.�nd all eaa�metiiU,righte and spp _��_
<br /> � I� 9�(6� HIDCR F�RS���) Y� ����S�•�I�tAH�QI• . Y�`-=--
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<br />-. It more ihan one porson sipna thia Mortg�pe,tha wud'I"means'we.'
<br /> '(his MortO+Ge securoa a losn mado by Commercial Fedarat,ea briefly described above.A note dated the aamo date ea this Mortpepe conUins the tertns fa
<br />�-y, �'_ ropayment of that loan.If th�t note ia ever changed or replscsd 6y a new note,it wili be aecured by thia Mortpape.
<br />;� - �� 1 promi�ethetdlowinpthUps:
<br />�_'.
<br /> ac,� `�' � "' ' �, q��psyrnenq on eny nots or other dcbt secured by thi�Mortpspe will be p�id wfien due.
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<br /> •k` � Y, M inturonce pdicy for firo and extsnded covorape wiil be kept in fwce on the property in s�anwunt at leaat eqwl to the de6t�aecured by thi�
<br />- � Mortgps piw�ny other mortpa0es Iiated In parogroph 6 below.The inaurAnce company must bs�eU+t+�ctory to Commacisl Fsdaol,and
<br /> _��-:t•;:. Commercial Fedx�l wili be e named inaured on the poiicy.
<br />_"-`'..'.'• will be pafd before they become delinquent �r.--
<br /> --..r,-r_-w.�'�-��� 3. All wcet nnd auesunenu on the PropertY
<br />-``��'-°-`""Y'=�� 4. No weste will be commltted on the praperty.end it will be kept in pood repair.
<br />-_==:"-i.�..w.e,d'� --
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<br /> °;,�?�'� 6. Ths prof»rtY w���rtot be soid (includinp by land contnct),Iwsed.and no intereat in it will be eaaipned in any vv�y.
<br /> -�"�� O. I own ths property iroe and clear of my other mat0a0e+or encumbronces EXCEPT �� �� ����
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<br /> �=-��:++ti�=' 7. No othar mortyaSe a lien on the propertY wiil eve►be ellowed to be in defarlt a be foroclosed. _ -
<br /> �_-:"�"�c"-�,
<br /> - Ii eny of theee promiaes aro not kep�thon Cwnmsreis�Faie►+�can decl�ro dl of the de6t immediately due�nd pay�bl�without advance notics.Ths
<br /> � `�'L`�=� intenat nte will fncraua to 19.00%or any proat�r rate�Ilow�6b bv I�uv at that tims.ond this rrwrte�pe can be forocloted in�ccord�nce vath�pp lic�bir law.if
<br />-"'�'�-'=�- the dsbt is scc�ixat�d.then�elm aulpn eny�t or othx income from ths�ro�rarty to Comme+ela�Fedsra�•THE PAR7IES AG nEmeH�A7eTn��:C�d�as �11MEms
<br /> �°'"'''�`r A COUATEFikL REAL ES7ATE M1AORTCUIGE PUHSUANT Tb SO.OAKOTA C.L 4A-8�28 (FOR SO.DAKOTA RESIUENTS ONl1�.
<br /> i����'Y'�'•'""' t or in ksepfnp eny cove�ant heroin,this Mortpqe msy be torec�oeed by oation,or by edvx►i�ernent aa provided by�tatute a the nile�
<br /> �-�_�R,,;• makinp of any P�Y►� Q
<br /> �"�r' ���dt������t dtmay roUin itat�uto�iy cata and e�ort�ieY�fees SD,nN Y,MNcOKstend�Ml rosldenu�ty1.��UOned fn aaid et�tuts or ruta en �ny
<br /> ~�;;;� Certafn amouou can b�p�id by Comm�rch�F�d�n��nd addod to the debt a�curod by this Mortyape.They w anY taxe�or�nsurance 1 h�vo�pised to _
<br /> " pay but tail to.�ny�ttomr/fMS or court expen�es Comrrbrchi Fedenl p�y�if it h made� parry�t any lepal�cHoo brapht by tornsons elee eonceminp the _ -
<br /> '�':, prap�rty.�nd �ny�ttomeyf�ss or court expen�whlch the I�w mipht eilow ii Commxcfat Feden�ha to Ao to court�painst ms to cdlect the d�bt or _�
<br /> fonclew this mort0�ps.If�ny of thste thinps h�ppsn,then th��dditionai dsbt will acen�interest�t the aams nte as ths nst oT thr debt and mwt bs paid �.�
<br /> irnrnxJiat�ly. �`;��_�—�._
<br /> ��{��y pro{»rty h swr eondsmnod under the power of eminent domsin or any almilar method oi ukinp properly fa public uee,�ny proceed�01 the takinfl �.��f.____
<br /> �._:�-
<br /> _ - ., wili bn Pald to Comrr�eiai F�d�nl up to th�fuil�mount ot the dsbt�scurod. �.�_�__
<br /> � • � Noyo�tu Bamw�►((o►Ok�dwma l: A �of��lo h��bNn r�M�d{n this �. A w�r�f�aN m� dbw t!N e •to Uk�tM `' _
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<br /> = � ' - r .V• n• J/1I�itY 31. 1997 ,,." A_ " " . r
<br /> [f0(fOww�aipn�iaro 1�.at��s �s�w..��.�.�. - --__ � -
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<br /> .. QA.�,�-l►n�����l�,p�t�-t-'L - I-`
<br /> Borrowar�Siynat re Mf�tCLG
<br /> STATE GF � i ��
<br /> COUNTY OF Z�+t+ 1
<br /> , . On Ihti�_d�y ot ��� .1���.�tore me.�not�ry public m�nd for said eounty. pereondiy cams
<br /> ��,�r � � A� �S177yI�T f+ B� ! -• to me known to bs ths idantiul psroon o►pKw�a who�e
<br /> n�m�b w�n N(�x�d to the�bove mortyps,�nd thay,he w ahe�everelly ackno+Medpmf the uid matrument end the sxecution tt�eroof to be thar voluMary �,,
<br /> ect ant!dsed.
<br /> WITNESS my hen8 ond not+�rihl qsl the dW�nd�reu las�� obove. / / � '��� �i ,
<br /> '4�:�S�t+�1-U2Cr'�ty � ,Dll LYIIlY
<br /> My corr�mission expiros: ,
<br /> GO\STAN�E K.SLOAN Notary RibliCS Sigrtaturo
<br /> NE-IN-WY-IL•SD- �.ExpJ:n.�a,1�J DN-1077 (10/96) ,
<br /> 1�'1LYYR"�RT��.i'L l�..w• •�•-f•.Y!►1C,
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