|
.t:� ,:�.,. �... .r, ,.. . �....., .... .'.. ... . �� �:- ... . .. .. . Y
<br /> t . . _ . . . . . .,..,��
<br /> 0 T VDi 4 � C1� � -�rl
<br /> � � " � � = m � � � � � �
<br /> � � -�G c�
<br /> � fi o � � � � �
<br /> ,\ � ..� p -r, �" H Q.
<br /> �S r°'n � � s,�.. � O tn
<br /> � � ra � � m �
<br /> N �'' ,.N..�.
<br /> oO � CI7 .`�.
<br /> --� ..�'"� � c'�D
<br /> •* ...r
<br /> _ 9 9 10'�5� � � � ►� �.
<br /> " W in �
<br /> Q
<br /> �
<br /> Commercial Federal Bank, P.O.Box 1103,Consumer Loans,Omaha NE 68101.Branch phone number s
<br /> ------------------------------------------------------------------- ------------- a
<br /> Space above thia line for recording data. �1 �� ����
<br /> � Comme�la� MORTGAGE - Collateral
<br /> � Federal Bank Real Estate Mortgage
<br /> Nature of Indebtedness Loan Amount Maturity Date Initial Interest Rate
<br /> ConsumerLoan 27,036.50 06/30/09 8.000
<br /> i, RIC��RD �iT9G11�T and D�RA inATSOl�T ,
<br /> hereby give Commercial Federai Bank,a Federal Savings Bank("Commercial Federal"),whose address is P.O. � 11�3,
<br /> Q��� �'' 681'�l 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 /> IAT Tf�.2EE (3) F�TEAD S'F,C7C�ID SUBDIVISIC�T,
<br /> GE2�ID ISI�AI�ID, HALL CX7UNPY, 1�2P,.�IQ�.
<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$ 27,036.50 ,with interest at the initial rate of 8.000 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 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 /> Commercial Federal will be a named insured on the policy.
<br /> 3. AII 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 4re�s�d e�eaFaf-aay--a�er mortga8es or ancurnhr�nces F�CCEPT- _ - -_ 1�' '1.' BA�
<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 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 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 Borcower(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 age prope an se i wi o gomg cou in a orec osure ac on upon e au orrower un er is o gage.
<br /> 06�16/99 RIC�iRD U�flS�GIJ
<br /> Today"s Date Borrower's Typed Name Bo r s i ature
<br /> DF.BRA in1A7.5'CA�T
<br /> Borrower s Typed Name B rowe's Signature
<br /> 3308 I�"TEAD D�RIVE G�2ADID IST,AI�ID, NE 68803
<br /> Borrower's Address
<br /> STATE OF �RP�.SIQ�� )
<br /> COUNTY OF ��� ; ss.
<br /> On this 16� day of ��'' , 19 99 ,before me,a notary public in and for said county, personally came
<br /> �Q'� �l2'� aI]� D� �Z�J 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 instrument and the execution thereof to be their
<br /> voluntary act and deed. �
<br /> WITNESS my hand and notarial seal the day and year last written above.
<br /> �
<br /> My commission expires:
<br /> NE-IN-WY-IL-SD-MI-AZ-MN-IA �� �R � e DN-1077 (07/97)
<br /> Ca�nn. . f4.19D9
<br />
|