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<br />PUROiASE ;CONLY REAL ESTATE r.DRIG;;GE
<br />
<br />Craig P- iPoolnan, a single ;ran, and Karen K. GoD7l3n, a single waren, ['brtgagJrs, in
<br />cOrlS,ideration of roRlY-0NE 7rlUBAND FOUR HrJNDRID SOLIAFS {$41,400.00} received fran
<br />I'<:brtgagees, ffortgage to DebJrah K. San~s (forrrer1y Detx:lrah K. Price} and Charles N.
<br />Sand2:]:5, wife and 0051>300, Morr..gagees, the following described real estate situated in
<br />Ball Coune,x', N,eocaska:
<br />
<br />Lot Eleven (11) in Former View Subdivision, in the City of Gr~"1d Island, Hall
<br />County, Nebraska, as mrveyed, plattEd and recorded.
<br />
<br />This Purchase lI.oo€!{ l{p-dl Estate r<lort~}age is given to sectrre the payrrent of the
<br />sum of Thousand Four Hundred Dollars ($41,400.00) and interest frem
<br />, 1983, at nire (9) per ar,num, tJm principal and interest payable in
<br />installmants of .11 fEr llonth on the 1st day of each rronth can.rren.cingAugust I,
<br />and on om 1st d.y of each rrDnththereaft.ex" for 59 consecutive lronths, repay.roo:nt of
<br />and interest arrortized O\'er a 30-year or 360-rronth fericrl, w.ith a
<br />of $39 due and fJaya.l:)le \rlith the 60th. m::mthly installmsmt
<br />in a Frolnissr,)l:Y tik'Jtf", dated July 1, 1983, for ,.nidi
<br />
<br />
<br />tl"iis
<br />
<br />Tt.e
<br />1.1 !<1ai<iers fail
<br />paynent Wlen
<br />tbte
<br />
<br />if
<br />
<br />
<br />t'Jote that t.ine is
<br />for ,:1, ()f rrD.r'(~ t11an
<br />the h01 eer Gft.t'1i"
<br />du,€ and \tiltrl()t1t riot..ice (}r denr:u1d",
<br />cEfaultm payrrent of ,my' :Lnstallrrent
<br />HlStal1rrent of Dei:HS int:!:?:rest at til,::
<br />
<br />
<br />of the essence of
<br />(30)
<br />
<br />f>pr18
<br />
<br />the Prm.issory Note,
<br />dllj-' nontbly ipstallrrent
<br />cption to the
<br />Note provides
<br />the
<br />until
<br />
<br />'1'he SUIllSl::K.:ured shall, at the
<br />du~~ 2u1<:1 l;,;:ittlOut n()tice .if: ~ 1 )
<br />of the rfJ.al (:stat:;:: secuD:;ld thlS
<br />( 2 } or d,rr.:/
<br />sero,C;tj or () t:J'JJ:::,t:~Ji se Grt~ate
<br />;~rit.tel1 cX)nE~9nt-_ thE~
<br />(~onwy f t:ear5l:tll:;::;X otl:l(;!I"li~;;r0 dli",ndto t.:t tlr::
<br />writt:en c:onsent~.
<br />
<br />Cll::
<br />
<br />
<br />becone
<br />tile rents, issues
<br />'w'ithout the written consent
<br />owner of. the real
<br />{)f (:'::iJ:~il na:tnre:: on r(~11
<br />( 3 ) sell, contract
<br />t~.he real ,C,:3t~<rte \>.ritbout
<br />
<br />of b"1e
<br />
<br />
<br />
<br />or
<br />
<br />,~rl''''';~
<br />to t~;'.ht:~
<br />
<br />or\tJ~(:: :t:"E:~al est..::~te fOt" ,a,
<br />l(:~ tJlf2: Nc)t,e
<br />anel either l.n:sul:i;1ble
<br />.a,n<i .;1S t~h(:),ir
<br />
<br />
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<br />at
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<br />arr; t.<)
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<br />f:1'll>""'-;'I.(':,1.',
<br />.,o..,>A. ,~..~ L,.a...;",~~',.J.
<br />
<br />Lns'ux:a:nce
<br />
<br />on
<br />
<br />c~re.i:; J:.)r:iiy ,::.:\1 1 LIJX(:~;S iln(ias.s~;::~sg!'€ULlts UJ.:1(:)ri t.1"1(;: r<F.;al (:~S't{~it.e 1arJd all
<br />t~Sf levies and assessm2:nt,s l€:vied UP;)[l this and the Not.€
<br />is S:fi;('''Jl~''e :t~;;:.fore l~)dyue;rlt Ls fail tc~ P::l:l
<br />the taw.::tS ano oX" Ifil71Ur'", tbe on the ['eal E'st-at.€
<br />;r<.~y F'iJ?{ the t,'lX:t'S dnd i'l.SSii.,ssments o.r: ot!1ex:
<br />j:ir~ ;pay.. ~lrHSU.!'~~J1C(:: ()n t.b,e th,e r\?al (~Bb:1;te,
<br />a 1.1.en s;;,.4I;;m::€.lCi rDr U,(,; <Cl!!ounts advan,::x;;;:l with inten:;,st. at
<br />rat", .
<br />
<br />
<br />
<br />
<br />
<br />payrre11t (}f l;iny
<br />the nt.hex'
<br />tIle (:;':r.lLi1..B
<br />tlle
<br />
<br />r 198,'3~
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