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<br />90- -105666
<br />PURCHASE MONEY REAL ESTATE MORTGAGE
<br />Randy's Auto Sales, Inc., a Nebraska Corporation, MORTGAGOR,
<br />in consideration of ONE HUNDRED FIVE THOUSAND DOLLARS
<br />($1051000.00), mortgages to Midwest Building Corporation, a
<br />Nebraska Corporation, MORTGAGEE, the following described real
<br />estate (as defined in Section 76 -201 of the Revised Statues of
<br />Nebraska, 1943) in Hall County, Nebraska:
<br />Lot One (1) in Block Seven (7) in Spaulding and Gregg's
<br />Addition to the City of Grand Island, Hall county,
<br />Nebraska, and
<br />Lot Two (2) in Block Seven (7) in Spaulding and Gregg's
<br />Addition to the City of Grand Island, Hall County,
<br />Nebraska, and Fractional Lot Two (2) in Block Nineteen
<br />i (19) in Palmer's Subdivision of the Southeast Quarter
<br />of the Southwest Quarter (SE 1/4 SW 1/4) of Section
<br />Sixteen (16), Township Eleven (11) North, Range Nine
<br />(9), West of the 6th P.M. in Hail County, Nebraska, as
<br />surveyed, platted and recorded.
<br />This mortgage is to secure
<br />the payment
<br />of the principal sum
<br />of ONE HUNDRED
<br />FIVE THOUSAND DvL,,ARS ($305,000.00),
<br />and interest
<br />at eight per
<br />cent (88) per annum on the
<br />unpaid balance of
<br />principal, and
<br />is payable according
<br />to the
<br />terms of a Purchase
<br />Money Promissory Note dated
<br />October 1,
<br />1990, executed and
<br />del nvered by MoriLgagor
<br />to MortSa-gee,
<br />the principal
<br />and interest
<br />' being payable in monthly installments as follows: i
<br />DATE
<br />INSTALLMENT
<br />INTEREST
<br />BALANCE
<br />PAYMENT DUE
<br />PRINCIPAL
<br />DUE
<br />PRINCIPAL
<br />' 11/+1/1990
<br />$1,000.00
<br />$713.42
<br />$104,000.00 -
<br />12/01/1990
<br />1,00c.00
<br />683.84
<br />103,000.00
<br />01/01/1991
<br />1,000.00
<br />699.84
<br />102,000.00
<br />02/02/1991
<br />11000.00
<br />693.04
<br />101, 000.00
<br />03/01/1991
<br />1,000.00
<br />619.83
<br />100,000.00
<br />04/01/1991
<br />1,000.00
<br />67.45
<br />1,9,000.00
<br />05/01/1991
<br />1,000.00
<br />65J.96
<br />98,000.00
<br />06/01/1991
<br />1,000.00
<br />665.86
<br />97,000.110
<br />07/01/1991
<br />1,000.00
<br />637.81
<br />96, 000. Y.IW'
<br />08/01/1991
<br />1,000.00
<br />652.27
<br />,Ix,000.00
<br />09/01/1991
<br />1,000.00
<br />645.48
<br />-94000.00 War_
<br />10/01/1991
<br />6,000.00
<br />61 r.08
<br />•8, 000.00 llt�
<br />11/01/1991
<br />1,000.00
<br />597.92
<br />87,000.00
<br />12/01/1991
<br />11000.00
<br />591.12
<br />86,000.00
<br />01/01/1992
<br />1,000.00
<br />594-33
<br />8:5, 000.00
<br />02/01/1992
<br />1,000.00
<br />57:x.53
<br />94,000.00
<br />03/01/1992
<br />1,000.00
<br />533.92
<br />R?,nno.nn
<br />04/01/1992
<br />1,000.00
<br />563.95
<br />82,000.00
<br />05/01/1992
<br />1,000.00
<br />539.18
<br />81,000.00
<br />06/01/1992
<br />1,000.00
<br />550.36
<br />80,000.00
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