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<br /> Commercial ederal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101.Branch phone number
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<br /> Space above thia line for recording data. �1 �: ���a�'.�
<br /> � �d�a,��k MORTGAGE - Collateral �
<br /> � Real Estate Mortgage c
<br /> . . \
<br /> Nature of Indebtedness Loan Amount Maturity Date IniUal Intereat Rate
<br /> ConsumerLoan 33,636.20 03/22/03 7.750
<br /> i, DCJOGCA9 D A%�� ani �II,,A K 1�1C�p
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank('Commercial Federal'),whose addreas ia P.�. � 1103 ,
<br /> Q��� � 68101 a mortgage,with power of aale,of the following property together with all improvements now or
<br /> hereafter erected on the property,and all easements,rights and appurtenances thereto:
<br /> I�OT �IIIaPY FrJOR (24) . FII�F�T IA�4 SI�IVI3IC�T 1�A�ID�R � ,
<br /> ***�AT��FCSt A��'.S2EIt�Tr'. D��y�PTICN�'
<br /> If more thart one peraon signa thia Mortgage,the vwrd'I'meana'we.'
<br /> This Mortgage secures a loan made by Commercial Federal evidenced b :
<br /> A note dated the same date as this Mortgage in the amount of$ 3�,6�6.20 ,with interest at the initial rate of 7.750 96
<br /> per annum,contains the terma for repayment of that loan.If that note ia ever changed or replaced by a new note,it will be secured by thia Mortgage.
<br /> I promise the following things:
<br /> 1• All payments on any note or other debt secured by this Mortgage will be paid when due.
<br /> 2• An insurance policy for fire and extended coverage will be kept in force on the property in an amount at least equal to the debts secured by thia
<br /> Mortgage plus any other mortgages listed in paragraph 8 below.The insurance company must be satisfactory to Commercial Federal,and
<br /> Commercial Federal will be a �amed insured on the policy.
<br /> 3. All taxes and aasessments on the property will be paid before they become delinquent.
<br /> 4. No waste will be committed on the property,and it will be kept in good repair.
<br /> 5• The property will not be sold (including by land contract�,leased,and no interest in it will be assigned in any way.
<br /> 8. I own the property free and clear of any other mortgages or encumbrances EXCEPT �AL F'�jj�
<br /> �• No other mortgage or lien on the property will ever be allowed to be in default or be foreclosed.
<br /> If any of these promises are not kept,then Commercial Federal can declare all of the debt immediately due and payable without advance notice.
<br /> Exceptions may be required by law.The interest rate will increase to 19.0096 or any lesser of the maximum rate allowable by law at that time,and this
<br /> mortgage can be foreclosed in accordance with applicable law.If the debt is accelerated,then I also assign any rent or other income irom the property to
<br /> Commercial Federal. THE PARTIES AGREE THAT THIS CONSTITUTES A COLLATERAL REAL ESTATE MORTGAGE PURSUANT TO SO.DAKOTA C.L 44-8-28
<br /> (FOR S0.DAKOTA RESIDENTS ONLIn. In the event of any default in the making of any payment or in keeping any covenant herein,this Mortgage may be
<br /> foreclosed by action,or by advertisement as provided by statute or the rules of practice relating thereto,and this paragraph shall be deemed ea authorizing and
<br /> constituting a power of sale aa mentioned in said statute or rules and any amendment thereto,and may retain statutory costs and attomey feea(SD,WY,MN,
<br /> OK,and MI residents only).
<br /> Certain amounts can be paid by Commercial Federal and added to the debt secured by this Mortgage.Including any taxea or insurance I have agreed to
<br /> pay but fail to,any attomey fees or court expenses Commercial Federal pays if it is made a party at any legal action brought by aomeone elae conceming the
<br /> property,and any attomey fees or court expenses which the law might allow if Commercia� Federal has to go to court against me to collect the debt or
<br /> foreclose this mortgage.If any of these things happen,then the additional debt will accrue interest at the same rate aa the reat of the debt and muat be paid
<br /> immediately.
<br /> If this property is ever condemned under the power of eminent domain or any similar method of taking property for public use,any proceeda of the taking
<br /> will be paid to Commercial Federal up to the full amount of the debt aecured.
<br /> Bonower waives all right of homestead exemption in the properly and future waives all rights of redemption,exemption,distributive share and dower.
<br /> Notic�to Borrower(for Oklahoma property): A power of sale haa bean granted in thia Mortgage. A power of aala may allow th� a •to tak�th�
<br /> mo a ro an s� w o omg cou m a rac osun a on upon •au Rowar un ar u o a s.
<br /> 03/23/98 DOOGGA.g D A�D �C
<br /> Today'a Date Borrower s Typed Name Borco ' Sign re
<br /> �� R �
<br /> Borrower s Typed Name Borro r s Signature
<br /> 318 P�'ASANP Iflt C32A1�ID I3L�A1�ID, 1� 6gg01
<br /> Borrower's Address
<br /> STATE OF �Q�,Q! �
<br /> COUNTY OF HAL�T� � ��
<br /> On this Za� day of , �� , 19 98 ,before me,a nota
<br /> D�IIG[,Ag D AI��D � g�� R � ry public in and for aaid county, peraonally came
<br /> name ia or are affixed to the above mortgage,and they,he/she/they aeverally acknowledged the s�s1d in trument and tF,a executioPn ther�Po�d��r�
<br /> voluntary act a�d deed.
<br /> WITNESS my hand and notarial aeal the da and ~
<br /> y year last written above.
<br /> My commiaaion expires:
<br /> NE-IN-WY-IL-SD-MI-AZ-MN-IA e���j �a natu
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