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<br /> ��,�� PURCHASE MONEY REAL ESTATE MORTGAGE �*��T�
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<br /> Silly D. Bellairs, a single person, MORTGAGOR, in ��' �=
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<br /> • consideration af THTRTY-TH�USAND DOLLARS (�30,000.00) , mortgages to _
<br /> Kei'th E. I�eiser and June M. Leisor, husband and wife, as joint _ ____
<br /> tenants and not as tenants in common, MORTGAGEES, the following ==__
<br /> i described real estate as deEined in Section 76-201 of tha Revised �___
<br /> �' Statutes of Nebraska, 1996, situated in Hall Cvunty, Nebraska: i�._�F�
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<br /> The Easterly Twen�y-two (22) feet of Lot Four (4), in
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<br /> .•�� Hlock Fifty-qne (51), in Packer and Barr's Second _
<br /> Addition to the City of Grand Island, Nebraska, and the
<br /> .� Wes terly Twenty-two (22} feet of Lot Three (3), in Block —
<br /> Fifty-one (51), in Packer and Barr's Second Addition to
<br /> � the City of Grand Island, Nebraska. -
<br /> � This Purchase Money Real Eatate Mortgage is qiven to secure -
<br /> '�4 the payment of the princip�l sum of THIRTY-THOUSAND DOLLARS
<br /> (�30,000 .00) with interest at SEVEN PERCEN� (7�) pex annum from
<br /> t February 3, 1998, payabl� in monthly installments of TWO-HUNDRED _ __
<br /> TWELVE and 03/100 DOLLARS (�212.03) conuaencing March 1, 1998, and
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<br /> ` � on the first day of each month thereafter for Two Hundred Ninety-
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<br /> Nine (299) consecutive months, the monthly payment bei.ng all.aaated
<br /> between principal and interest as shown in the Amortization -
<br /> Schedule attached to the Purchase Money Promissory Note for which �"-
<br /> this Mortgage is given as aecurity. —
<br /> The Purchase Money Promissory Note provides time is of the =--
<br /> � essence of the Purchase Money Promissory Note and if default is �=�� __
<br /> � made in the payment of any monthly installment of principal and "°��,
<br /> interest, the holder of the promissory note may, without not ice or --=___�..____ _
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<br /> demand, dealare the entire principal sum then unpaid together with � -,�,�,��,,�.;,
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<br /> accrued interest thereon immediately due and payable. The Purchase �'`''�T��"
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<br /> i Money Promissory Note provides if default is made in the payment of � �ix
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<br /> � any monthly installment of principal and interest, the unpaid � • =f.��:�,•'
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