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<br /> PURCHASE MONEY REAL ESTATE MORTGAGE
<br /> � HAROLD GREEN, ;JR. and DELOI2ES A. GREEN, husband and wi�e,
<br /> �aeh in his ancl h�er pwn name and zight and as' spouse of each other,
<br /> Mortgagoxs, in consideration of ONE HUNDRED TE30U6AND DOLLARS
<br /> {$10ar4t7p0.OG)� mortqage Eo NELI,IE MAXINE LU�HER NUIJNENKAriP �na
<br /> RAI,PFi MADDOX,_Mortgagees;, the follawing de�cribed �eal esta�e +'
<br /> ^ situated in HaZ1 County. Nebraska:
<br /> A st�ip 'of land of£ the east side `of tkie Southwsst,
<br /> � Qua�ter of the Nprtheast Quarter (SW4 NE�) and Lot '
<br /> ; Twa (2) on Island, in Section Thirteen (13) , ,running
<br /> south to north through said premises with parallel
<br /> r wides 7,'wenty-Six and One Aa1f {26�) Rods wide, '" '
<br /> ° contai.ning about Twenty-Three and Two Third (23 'L/3)
<br /> � Acres, a31 ix� Section Thirteen C13), Tawnshi.p E3even
<br /> _ _ (lI) North. Range biine (9) West of the 6th P.M. in '
<br /> Ha1`1 County, Nebraska, and
<br /> The Northeast Quarter of the Northeast Quarter (NE� LdE�)'
<br /> of' Seetion Thirteen (i3) , Township, Eleven til) North,
<br /> Rzan:�ge Nine C9) West of the 6th P.M. in Hall County,
<br /> ' Nebraska.
<br /> ` ; `,.
<br /> This Mortgage is„given to secure th'e payment of the princigal'
<br /> a sum of $100,Q04.00 and interest from October '3, 1.977, at 8 percent
<br /> ,, per anntzm, payal�le in installments according to the terms of a
<br /> Bromissory Note dated October 3, 1977, executed and delivered by
<br /> Mortgagr�rs to Mortgagees, the principal and interest being payable
<br /> ' in installments 'as follows:
<br /> $10,000.00, with interest, on October -1, 19?8;
<br /> $10,000.00, with interest, `on Octoher l, 1979; � '
<br /> _ $10,000.00, with interest, on October I, 1980;
<br /> $10,OQ0.00, with interest, on October l, L981; '
<br /> $i0,000.00, ,with`interest, on October i, 1982; ,j
<br /> � $1U,,000.00, with interest, on dctober l, 1983;
<br /> ' $10,,U0fl.00, with interest, on Octok,er l;, 1984; �
<br /> t $10,000.00, wi�th interest, on October l, 1985;
<br /> � $14,A00.00, with interest, .on Octcw�� T, 1986; ,and
<br /> $1O,OD0.00, wi�th interest, on October l, 1987,
<br /> The Promissary Note provides that time is of the essence of the
<br /> Promissory ,Note, and if defau3t is made in the payment o£ ang
<br /> installm.ent of pzincipal or iriterest, the holder of the Prornissory
<br /> � ISTote may, wi.thout notice or demand, declare the entire principal sum
<br /> ' then unpaid togethes with accrued interest thereon immediately due:
<br /> � and payable. " Upon default of payment oF any: installment, the unpaid
<br /> ; balance of priricipal bears interest at the highest legal. rate. i.
<br /> Niortgagozs agree to pay all taxes and assessments upon the rea2
<br />; . estate'and all otiaer taxes, levies and assessments` levied uppn thi's `
<br />� L�Iortt�age and'tne ?Vote whic3z this Moxtqage is given to secure before
<br />� a gayment is delinquen�. If Mortgagors fail to pay the taxes and
<br /> ; assessm�nts befvre deiinquent, Mortgagees may pay the taxes and
<br /> � assessments or oth�r liens and are gi.ven a lien secur�d by �his �
<br />� � Moz`kgsge for the am�nnts advanced witn interest at' the high,est lega�. �, ;�'�; '
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