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<br /> � S ce afoove this line for recording dab. I�n #: �5�� �� _ : ' - �""—
<br /> : � Convre���� MOR�GAGE - Collat�ral R . ... . _.,�..-_
<br /> ;� Fed���l B�rir Real Estat� RJlor#gage �°'� �Y-�
<br /> � � X�..^
<br /> Nature of Indebtedness Loan Amount Maturity Dato initial Interest Rate : :.�;,,�j����--=
<br /> ConsumerLoan 20,600.00 8•�fl '-� � 1
<br /> . � ���:��<<
<br /> � t, Na(�,D ItLBII�(IJ a�d t�lI�+ J�1I� 9��A•y'-1- _ -
<br /> � hereby give Ccmmercial Federai Bank a Fedetal Savmgs Bank('Commemaal Federal�a mortgage,v�nth pw�e►oi saie,of the follou�nng prosserry together wAh
<br /> all improvementa now or hereafter erected an the property,and ali eaaemenb,righband appurtenances thereta , '�3�=���
<br /> GRAL�ID �� HAI�L �TPYt1�PL��T'3 �IVISIC�Tr CLTY O�' .--- --- '�_ �� --
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<br /> '. If more than one person signa this Mortgage,tfie wor+!'I'means'wa.' _
<br /> .. ,
<br /> This Mortgage secures a loan mada by Commercial Federal,as brietly described a6ova A note dated the aame date as 4his Mortgage coTtains the terrns for �.���. `';: :
<br /> . repayment of ffiat loan.If that note is ever ehartgad or replaced by a new note,it will be secured hy this Mortgaga
<br /> '...✓._:. '?i%,_
<br /> 1 promisetfietoltawingthinga �. '
<br /> v�_� . (":: .
<br /> 7. All paymenb on any nota o►other debt secu7ed by this Mortgage witl be paid when due. '��` 3 i .:
<br /> • 2. M insurance policy for fire end extended covaraga will he kept in toree on tha properry in an amount at least equal to the debU sacurod hy this �`' , `..�`,
<br /> Mortgage plus any other mortgages listed in paragraph 9 below.The insurance eompany must 6e satisfactory W Commeroiaf Federat,and r � ;:�
<br /> Commercial Federal will hs a nnmad insured on the poliey.
<br /> �:.h
<br /> 3. All taxes and asseasments on the property will be paid before ffiey becomn delinquent
<br /> .,�r��.•• � ,
<br />, 4. No waste will be committed on the propeRy,and it will be kept in good repair. ^"
<br /> �—'
<br /> 5. The property will not be sold (including by Iand wntract),leased,and no interest in it wi11 be asaigned sn any way. R^°�;��
<br /> I��iICA Si�VII� BA1�Yt ��� . �"
<br /> ' 6. I own th9 property iree and clear of any othor mortgages or encumbranees IXCEFi �Z �3��..,��,�_;,.-_
<br /> �: --
<br /> ' 7• (�other mortgage or lien on tfie property will ever be allmned to bo in dofauR or bo foreclosed. �� ;s -
<br /> ::rf�'`#��°l.w��
<br /> If any oi these promises ere noi kept then Commereial Foderel can declare aH of tho dabt immediately due end payable without edvanee rtotice.The '';,�,
<br /> �_'._�
<br /> interest►ate will increase to 19.0096 or any greater rate allowable by law at that time,and thia moRgape can be toreclosed in aecordance with epplicable taw.If •;��,y-_���
<br /> the debt ia eccdarated,then 1 alao aasign eny rent or other income trom the property to Commercial Federal. THE PAflT1fS AGREE THAT 7FIIS CONSTfIIlTES • -'-h__.ea..Q.�.�:-,-
<br /> A COLLA'fEHAI.flEAL ESTA7E MORTGAtiE PURSUAM t0 SO.OAKOTA C.L 448-Y8 (FOR SO.DAKOTA RESIOENTS ONLY►. In the event af any default in the '�'-
<br />�. maldng of any payment or in keoping any covanant herain,thie Mortgage mey be forectosed by aetion,or by adveKiaemant as prm�ided by stntute or the rulas :�txpsac'—
<br /> ot practics rslating thereto,and thia paragraph ahatl be deemod as authoriang and conatituting a pwuer a}aate as mentioned in eaid stenrte a rule9 and any : �„��
<br /> acr�endment thereto,and may retain shdtutory coste and attomoy tees(SD,WY,MN,OK,end MI residents onty). � -�'�
<br /> , . x._.-:..•-t {"4f�' ---
<br /> Certain amounte can be paid by Commereial Fedaral and added to the debt aecured by tha Mortgaya They are any taxea or inaurance I have agreed to i r�:�-
<br /> but fail to,an atto faes or court e�enaea Commerciat Federal ii it is mado a a at any legaf action bro ht b someone elae concemin the ��� ��� `��`
<br /> DaY Y �Y P�� P nU �9 Y 8 '�:i`,1c.".`_,Vi;:+±q�T:,.
<br /> propeRy,and any ettomey fee�or court ex�enae�which the law might ellaw if Commercial Federal haa to go to court apainat me to eollect the debt or ' . �.,.,,:„. .�•.,,
<br /> foreelose this martpage.If any af thaso tfiings happen,4hen the additional debt will eeeruo interost at the eame rete as the rest of the debt and must 6e paid _�+��`'"; . •-
<br /> immediately. `„�. ':, .
<br /> . �
<br /> N this pnoparty ia ever condemned under the power of eminent domain or any aimilar method of taking property ta publie use,any procoods o1 the takinp ,. , . •
<br /> will be paid to Commerolal Federel up to the futl amount oi the debt eecured. , �'
<br /> � Nade�ta Borrower(for Oklahoma ro h A w�r of sab hss bwn grartt�d in thla Mortgage. A powe►M�al�msv�flow ths Mo � •to tak�th� � , —
<br /> m ag� ro �n a� w o o ng cou n e orsa oeurs a an u n s u rrow�r un er is o a �. �
<br /> ; � . ' . • �
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<br /> • , 7oda�/a Date � 20� 199� eorrowore Sienaturo ; � � .
<br /> �(JI '
<br /> Bonovuela Signature '. —
<br /> STATE OF � 1 . . ��
<br /> ' COUMY OF HALL j � . .
<br /> � On thie 2QT13 day af �1� .19 97 ,botore mo,a notary public in ond fw aaid counry,peraonalty cemo � � �
<br /> MIC'�II+ D �4�.T t�DCl Q,R�+ �T I�a'SLZ1 - to me known to be the identical peraon or porsons whoso
<br /> name ls or ero sffixad to tho above mortgage.and thoy,he or aha sovarally aeknowlodgad tho ssiid inatrumont and the axocution thoraoi to bo thoir voluntary : .
<br /> act nnd doad. � '
<br /> WRNESS my hand ary�abi�Y�dapandye�r3aSF�lfi�on abova � / ". .��
<br /> •j Mycomm�cs�on oxpiros: GE�E.:'1 Y,DI�"7•.'?';a!Nr.�.;.'S�] n�j�/,Ji1/ ,{�,C�llilt/ �'.,
<br /> 1 L • Notary Public a Signaturo
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