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<br /> _ Commercia Federal Bank_P.O. Box 1 103_Consumer Loans, Omaha NE 68101.Branch phone number
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<br /> Space above this line for recording data. �: �$�'.3��
<br /> � Commercial MORTGAGE - Collateral 6�
<br /> � Federal Bank Reat Estate Mortgage `�
<br /> �°
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate
<br /> ConsumerLoan 18,781.09 04/19/02 7.750
<br /> i, EARL I�RDY JR arld I�II�Il.IA HARDiY
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank("Commercial Federal°),whose address is P.O. � 11�3.
<br /> ��i �' 681�1 a mortgage,with power of sale,of the following property together with all improvements now or
<br /> hereafter erected on the property,and all easements,rights and appurtenances thereto:
<br /> EAST 6.33 FE�P OF IAT TENT (10) APID TI� WFST gl�jq�y EIC�iT �6g�
<br /> FEEP OF I�OT N.II�� (9) . SI�OC�C CH� (1) , STETn�RT PI�CE
<br /> SUBDIVISI�T � Tf� QTY OF Q2ArID ISI�AI�ID, HAid, C�OUNTY, NE�.
<br /> If more than one person signs this Mortgage,the word"I"means"we."
<br /> This Mortgage secures a loan made by Commercial Federal evidenced b :
<br /> A note dated the same date as this Mortgage in the amount of$_ 1��']$1 Q9 ,with interest at the initial rate of �].750 %
<br /> per annum,contains the terms for repayment of that loan.If that note is ever changed or replaced by a new note,it will be secured by this 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 equa�to the debts secured by this
<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 named insured on the policy.
<br /> 3� All taxes and assessments 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 �, F'ID��
<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 19.00%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 from 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 SO.DAKOTA RESIDENTS ONLY�. 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 as authorizing and
<br /> constituting a power of sale as mentioned in said statute or rules and any amendment thereto,and may retain statutory costs and attorney fees(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 taxes or insurance I have agreed to
<br /> pay but fail to,any attorney fees or court expenses Commercial Federal pays if it is made a party at any legal action brought by someone else concerning the
<br /> property,and any attorney fees or court expenses which the law might allow if Commercial 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 a�crue interest at the same rate as the rest of the debt and must 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 proceeds of the taking
<br /> will be paid to Commercial Federal up to the full amount of the debt secured.
<br /> Borrower waives all right of homestead exemption in the properly and future waives all rights of redemption,exemption,distributive share and dower.
<br /> Notice to Borrower(for Oklahoma property�: A power of sale has been granted in this Mortgage. A power of sale may allow the Mortgage to take the
<br /> mo gage prope an se i wi ou going o cou in a orec osure ac�o�upo� e au y or wer un er is o gage.
<br /> 03/30/98 F.ART• �y �
<br /> Today's Date Borrower's Typed Name
<br /> Borro s 'g ture
<br /> LII�IDA ��RI7Y
<br /> Borrower's Typed Name wers Signature
<br /> 2918 CmQ,,E DRIVE (�I�ID ISI,A�ID� N� 68803
<br /> Borrower's Address
<br /> STATE OF �� �
<br /> COUNTY OF �� 1 ss.
<br /> 1
<br /> On this 30'� day of �� , 19 98
<br /> FART• ��j� � a� �.�� �Y ,before me,a notary public in and for said county, personally came
<br /> �ame is or are a�xed to the above mortgage,and they,he/she/they severally acknowledged the sa'id in t ument and the execution thereoftorbe the�ose
<br /> voluntary act and deed.
<br /> WITNESS my hand and notarial seal the day and year tast written above. � � �
<br /> My commission expires:
<br /> NE-IN-WY-IL-SD-nni_e�_nnn�_�w A 6EIIERAI Imtuw . Y : __.._
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