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<br /> , - PiJRCHIilSE MONSY� REAL BS'TATB MQRTGIlGB
<br /> � - - �
<br /> Lee�s Paaily Restaurar�t, Y��.,� a Nebrasica Corpora�fon+. . --
<br /> NiORTGAGOR, fa .consideratfon o� NINBTY-NINB THOU5AND DQLLARS -
<br /> ($94,000.00), �actyages to Mable �. � Aern�es. hORTG�GEE, th�
<br /> � failaeiag describad c�a2 estate as de�inad in Section 7f:-202 of ,
<br /> - — � � tlto Ra�vised Sta�utes a� Nebraska, 1943, aftua�ted .in AaII _
<br />�_; , Caunty, Nebraskas � � � � � � �
<br /> Lot �ne (1! in Hera�ea Subdivision in the City of Grana
<br /> � island, Nebcaska. ss surveyed, platted and recorded,
<br /> subject to aa easement over th� Westarly Twenty �eex
<br /> t20' ) for ingress and egress of atotor vehicl,es to and
<br /> � troa Lot�s Two t2� and Three (3) fn sermes Subdivision
<br /> in the City af Grand Island, Nebraska, as snrveyed, _
<br />._; . platted, and recorded. _ _-
<br /> � Thig Pur�hase Moaey Real'Estate Mvctgage fs given to secute -__
<br /> � the payment of the principal sum of NINETY-NINE THOUSaND � _ W___
<br /> " DOLLAAS tS99,000.00) and interest at EIGHT 1lND ONE-H�ILF PERCBNT x_;F���v,
<br /> (8.5�iI per anaum from Sune 1, 1 9 9 2, p a y a b l e i n m o n t h l y �� .�-
<br /> . �r �-_,;_
<br /> -=��--�`==--
<br /> instaliments according to the terms of the �Purchase Moaey _ ..:.,,.._:-
<br /> � pcomfsso�y Nota dated June l, 1992, executed and delivered by .. :�;�•..�.��
<br /> ���� l-�"� � MOATGI�GOR to MORTGAGE6, the principal and interast :�S�ing _�.::f.:��,�r—_
<br /> a�. '3`'::i�, ...,F,}:.�.
<br /> � -_.��:>-� payable in monthly f nstallments of NINE HtINDRED SLV4NT�P-E'OOR �
<br /> ;.,x,;is,.l„
<br /> �° �ND 89/I00 DOLL�iRS ($974.89) commencing on July l, 1992, and on ..�_ ,:�;;:,�-
<br /> ^ �F . `"��.��;�_�_=�_
<br /> �<. .. � the f icst day of each month thereafter far ONE HCNDRED SEVENTY- _;�.e.`;�,.
<br /> '� =�� � NINE (179) consecutive months, the monthly payment being . , ,., ,�:,
<br /> • - .: �;r- �.-_—
<br /> - . ,,y t,, ` alloaated batween prfncipal and interest as shown by an �=� ;.:�,.�.,_��
<br /> ' �4��, `�� Ataortizatioa Schedale attached to anc3 incorporated in tha � � , ' . ° �-, -°,
<br /> , ..�.�.:��.�= _. , � •� �
<br /> - : +�� : Parai�ase t�oney Pramis�ory Note. `—
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<br /> •. �°��-`�� -��` �� The Purchase Mc,ney Fcomissory Note provides time is-pf the
<br /> � :� -�. "-'.�-: � efault is . r:�
<br /> -� ° �� essence of the Furchase Money Promissory Note and if d � , ,
<br /> � L°' ,� ������= . made in the a ment uf any monthly installment of princfpal and . '��-
<br /> . ��-,:....._. P Y . . _:;.�_;�
<br /> �•���� interest £or mota than SIXTY (60) days► the holdec .,of the ;
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<br /> ,�, �. �,,:•• •";.,'.,:�..:�..`"=
<br /> A-:���;:.�: prpmissory nota may, without notice or demand, declare the
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<br /> �. ���;;�,. entice principal sum then unpaid together with aCCrued interest . � , :�;'��` ':"-`-..
<br /> �.::i`::_•;r,:±�i; �°.`. v:�;'.;.
<br /> .. .., .,�.u.n�, . thereon immediately due and payable. Upon default af payment k . � ys.,,.,
<br /> � -�'�� .'�-'�r" of any manthly i�nstallment for more thar� SIXTY (6D) days, the F :.-_:., ;
<br /> ..!4-:•�J��, (.�:..•.�. . . . .•..: ..
<br /> ��,;f�`��i = ��' unpaid balance of principal beacs interest at thg highest legal ( . .__
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<br /> ����•��`�� � MORTGAGOR agree$ to:�ay all taxes and assessment� upon the { �_"�'-'=''
<br /> �'�`.s;....:� -� °a.�.:%,..;.
<br /> ��`-,�::?r.':`: . real estate and all a� the taxes, levies, and asse"ssments i ' .
<br /> '�;;``;'�; `•-�':# , levied upon this rnoctgage and the note which chis mortgage ia � ` •
<br /> :.,_.--r-� . . . .
<br /> � =�� �E�= p� given to secure befate payment is� delinquent. If MORTGAGOR �
<br /> ° � fails to pay tt�e �a�F�a and assessments beface delirtquent, ; .
<br /> � � � MORTGAGEE may pay t�e Lc'��K89 and assessments or other liens and � �
<br /> � - � . -- •;�,;:-`,-�;:��; is giv�n a lien s�c�ss�d by thia mortgage for the amounts k----- - --
<br /> � '``'"=.`4'.:,=�� advanced with interes� at the highest legal rate. . .
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