|
�'��`� � ;
<br /> � � �. � x �
<br /> � % m � co c� cn
<br /> � �. " � Z � � � � x r*1
<br /> � ' � � � n s �'' � � =� '��'�' Q�O�'
<br /> � � ' �. � `� o �
<br /> � � ) � . b '*1 � t�
<br /> '� � � ?_ iy
<br /> � � C 1 � ` \� -- n i � C/)
<br /> � t � � T� C77 C7 =
<br /> t" ;v
<br /> � , i 3 r ID � �
<br /> � n �`\ F�-� � !__,. G
<br /> " ���`a3�8rJ e�` � •.-�. a� �
<br /> 98 t'4' �' . � '-'.
<br /> � z
<br /> Co ercial Federal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101.Branch phone number �
<br /> ------------------------------------------------------------------- ---- — -------------
<br /> Space above this line for recording data. ��1 �� ���rJ�a ( �
<br /> � Commercial MORTGAGE - Collateral "\
<br /> Federal Bank �.�,
<br /> � Real Estate Mortgage �.
<br /> \
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate
<br /> ConsumerLoan 13,016.54 04/17/08 10.750
<br /> i, Z'II�l�iY PETF�2.SE�T and Sisiffi2A P�
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank("Commercial Federal"),whose address is P.�. � 1.103,
<br /> Q��i� � 681'Ol a mortgage,with power of sale,of the following property together with all improvements now or
<br /> hereafter erected o�the property,and all easements,rights and appurtenances thereto:
<br /> LO►P NII�� (9) . C"�P�R PARK AD�ITIC�T T0 Ti� QTY OF Q2ADID
<br /> I3I,AI�ID, HAI,L QOUNt'Y, 1�RASE�.
<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$��01(,�t� ,with interest at the initial rate of 10.750 96
<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 a�amount at least equal 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 /> 6• I ovm the property free and clear of any other mortgages or encumbrances EXCEPT � j�'ID�j�
<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 eve�t 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 Federel 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 as the rest of the debt and must be paid
<br /> immediately.
<br /> If this property is evar 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 ellow the Mortgage to take the
<br /> mo gage prope an ae i wi ou going o cou in a orec osure ac on upon e au y orrower un er is o gage.
<br /> 04/02/98 TI1�l�iy pEP�SII�T x
<br /> Today's Date Borcower s Typed Name B rrower Si natur
<br /> � �� ���. P.�.
<br /> Borrower's Typed Name eorrower s Signature
<br /> 1208 WEST I�II�IG STREET (�2p�1�ID ISI�ID, NE 68801
<br /> Borcower's Address
<br /> STATE OF �Q� �
<br /> COUNTY OF �� ; ss.
<br /> On this �� day of �L , 19 98 ,before me,a nota
<br /> �+� � a� �A � ry public in and for said county, perso�ally came
<br /> name is or are affixed to the above mortgage,and they,he/she/they severally acknowled the sa'd inst ment and the executioe thereofpef e the�ose
<br /> voluntary act and deed.
<br /> WITNESS my hand and notarial se I the y�n last written above.
<br /> My commission expires: __ �A i �
<br /> NE-IN-WY-IL-SD- .�;,�—_ N tary Public's Signature
<br /> — GENERAI NOTARY�State ol Nebraska DN-1077 (07/97j
<br /> � II TERESA PICNLER
<br />
|