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<br /> Commercial Federal Bank, P.O. Box 1 103,Consumer Loans,Omaha IdE 68101.Branch phone number �
<br /> ------------------------------------------------------------------- -----------�
<br /> Space above this line for recording data. �+OaI1 �� �7''�a��
<br /> � �ommercial MORTGAGE - Collateral
<br /> � ederal Bank
<br /> Real Estate Mortgage
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial interest Rate
<br /> ConsumerLoan 20,096.50 06/25/09 9.750
<br /> i. TIl�I 7�C�[� and SITf�iY ZELESE�
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank("Commercial Federal"),whose address is P.�. _�X 11�3
<br /> �L�� I� 68101 a mortgage,with power of sale,of the foliowing property together with all improvements now or
<br /> hereafter erected on the property,and all easements,rights and appurtenances thereto:
<br /> LOT Tf�2F� (3) . BISEB�P I�IG�IS S�C�OI�ID SOBDIVISIO[�T
<br /> QTY OF Cd2ADID I5�?�1�ID, HAI�L C70�[7NPY, �' .
<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 by:
<br /> A note dated the same date as this Mortgage in the amount of$ 20,096.50 ,with interest at the initial rate of 9.750 %
<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�ote 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 this
<br /> Mortgage plus any other mortgages listed in paragraph 6 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�]'� $pj�
<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 from the property to
<br /> Commercial Federal. THE PARTIES AGREE THAT THIS CONSTITUTES A COLLATERAL REAL ESTATE MORTGAGE PURSUANT TO SO.DAKOTA C.L 448-28
<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 attomey fees or court expenses Commercial Federal pays if it is made a party at any legal action brought by someone else concerning ihe
<br /> property,and any attomey 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 accrue 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 Federel 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 proparty): A power of aele hea been granted in this Mortgage. A power of sale may allow the Mortgage to take the
<br /> mo ag prope an se w� o go�ng cou �n a orec osure a ion upon e eu y orrower un er is o gage.
<br /> 06/09/99 TIl�I ZE[�I� ✓
<br /> Today's Date Borrowers Typed Name Borrowers Signature
<br /> SIR3�,Y 7,EG� �
<br /> Borrower s Typed Nama Borrower s Signature
<br /> 4354 ��m=�' Rf.�D (32AI�ID IS?,A1�ID, NE 68803
<br /> Borrower s Address
<br /> STATE OF �� )
<br /> ; ss.
<br /> COUNTY OF HAI�T�
<br /> On this 9� day of � , 19 99 ,before me,a notary public in and for said county, personally came
<br /> T� � aI]� SIZ�iY �� to me known to be the identical person or persons whose
<br /> name is or are affixed to the above mortgage,and they,he/she/they severally acknowledged the said j�strument and the execution reof to be their
<br /> voluntary act and deed. { �.
<br /> WITNESS my hand and notarial seal the day and year last written above. � \ ��� ��
<br /> My commission expires: 6ENEI{A�NQTARY-St Z"�`^'
<br /> �NE
<br /> NE-IN-WY-IL-SD-MI-AZ-MN-IA �E1�1�FER�.
<br /> F_+ ry�,� � � ig�at e DN-1077 (07/97)
<br /> Comm.Exa.^ ��.: ' ts�9
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