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<br /> 99 106350 °
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<br /> Commercial Federal Bank, P.O. Box 1 103,Consumer Loans, Omaha NE 68101.Branch phone number 'S
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<br /> Space above this line for recording data. �n �� �����
<br /> � Commercial MORTGAGE - Collateral
<br /> � Federal Bank Real Estate Mortgage
<br /> Nature of Indebtedness Loan Amount Maturiry Date Initial Interest Rate
<br /> ConsumerLoan 44,155.56 07/07/09 9.000
<br /> i, �A A1�ID�2.'�T ,
<br /> hereby give Commercial Federal Bank,a Federal Savings Bank("Commercial Federal"),whose address is P.�. �X 1.�.03,
<br /> ��i• �' 68101 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 /> WEST FI�'PY 7i� (52) FE�P OF IAT � HUl�IIJ�ZID
<br /> FCS2TY Ol� (241) IN WESTLAiraT AD�ITICfl�T T0 T!� QTY
<br /> OF C��,1�ID ISI,APID, HALL ODUNPY, I�.
<br /> If more than one person signs this Mortgage,the word"I"means'we."
<br /> This Mortgage secures a loan made by Commercial Federal evide�ced by:
<br /> A note dated the same date as this Mortgage in the amount of$ 44 i 155.56 ,with interest at the initial rate of 9.000 %
<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 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 /> Commerciai Federai will be a named insured on tne policy.
<br /> 3. qll 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 own the property free and clear of any other mortgages or encumbrances EXCEPT F'�.ST I''ID�lL �i�
<br /> 7• 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.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 debi 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 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 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 aale has been granted in this Mortgage. A power of sale may allow the Mortgage to teke the
<br /> mo gege prope an se i wi ou gomg o cou in a orec osure ac ion upon e au y orrower un er is o gage.
<br /> 06/16/99 T� A1�IDII2.9L1� .�,�nya-�9 c�oz �. ��r�arv��
<br /> Today's Date Borrower's Typed Name Borrower's Signature
<br /> Borrowers Typed Name Borrowers Signature
<br /> 1303 �i RUBY C32A1�ID IST,AI�ID, NE 68803
<br /> Borrower s Address
<br /> STATE OF NE�RA�S�Q� )
<br /> ) ss.
<br /> COUNTY OF HPlI�T� )
<br /> On this 16� day of � , 19 99 ,before me,a notary public in and for said county, personally came
<br /> ��� ���� . 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 insirument and the execution the of 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: �
<br /> NE-IN-WY-IL-SD-MI-AZ-MN-IA o 6ENEAAI NO R � " ture DN-1077 (07/97)
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