86104856 - Laserfiche WebLink

Browse

�• Commercial Federal 1:36-104856 f Savii 8 Loan Assoelstfon Container Loan Dapertrnant MORTGAGE RD. Box 1143 D.T.S. 01haha: ME 68181 (442) 554 -9595 i Brent Terry Ray and Sharon Ray Nmoe sr, li nts: ! a a t ere give COMMERCIAL FEDERAL ova s SAVINGS AND LOAN ASSOCIATION (Commercial) a mortgage on the following property: Lot Seven (7) in Block One (1) in Capital Heights Subdivision, Being a part of the Southeast Quarter of the Southwest Quarter (SE114SW114) of Section Two (Z) in Township Eleven (11) North, Range Ten (10), West of the 6th P.M., Hall County, Nebraska. a If more than one person Signs this mortgage. the word '1' means This mortgage secures a loan made by Commercial. A note dated the same date as ttus mortgage contains the terms for repayment of that loan. If that rote is ever changed or replaced by a new note, it will still be secured by this mortgage. I promise the following things- i. All payments on any note or other debt secured by this mortgage will be paid when due 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 mortgage plus any otter mortgages listed an paragraph 6. The insurance company must lie satisfactory to Commercial. and Commercial will be a named insured on the policy, 3. AN taxes and assessments on the property will be paid before they become debriquent- 4. No waste will be o ommitted cin it* property. and it will be kept in (good repair. 5 The property wilt not be sold (including by -land contractl, leased. arxt no interest in ijwill be assi rid airy way. 6. i Qwn the free dt)d Ct¢ar of any other rmdrtgacge5 or er}cumbrarfre5 except: D4Milerc 1 a ederal $yt ng S�LAaJt - 7- No other mortgage or lien or, the property vrift ever be allowed to be in default or be fore- closed-If any of these promises are not kept. titer: Commercial can declare all of the debt immediately due and payable without advance notee- The interest rate will increase to t4 001 or any greater rate aikiwabte by law at that time. and Itas mortgage can be foreclosed If the oebt is accelerated tf)en I al~, assign any rent w other income from the property to CommerclaL Cerlaur amounts can be paid by Comme.mai area Addeo tr1 'no deot secured by this mortgage. They are any taxes or insurance I have agreed to pay but tar: to any arlorney fees or sour± expenses Commercial pays it It is made a party to any legal action brought by someone else esyre,ernarg the property and any attomay fees or court expenses which the law Wright allow if Comm,—Cwt rias to go 10 court agavr at -e is coliect the debt or foreckise this mortgage_ " any of these things happen, then the addlw:rral deot will aWrve interest dt life same Fate as the rest Of the debt and must be paid immediately. It this parperty is ever 00ri0emrred under ttw ;lower at emwmnt domain or any similar method of taking property for public use, any proceeds Of the taking will be paid to 1 -c—ov aerclai up lc the full amount of the debt secured, STATE Of NEBRASKA COUNTY OF HAIL sue. On this 3 lay b ± :... Ei u5 _ _ ?a . ai _ before me. a notary public in and tot said county . personally came _$tL11L_�gtt y ..y^ayr ..•$tkixan &A to me xruiwn iii tie �- - - - - -- -- 'der=±rca. parson br persons whose name is or names are affixed to the above mortgage. and they he or she severally acknowledged fide Said instrument and the execution •.hereot to be ?Heir voluntary act am deed WITNESS my hand and notarial sea; the aay and Year =as! above *: ,,;erl, RICHARD VAN ZY1 sYa�' MyCtimn.Exp,Aro,27,lib !ty Gornrr456ron axprre5