No judgment hereafter rendered by any court shall be a lien on real estate situate in such counties or city not within a county, until an abstract of the judgment shall be entered in a record prepared and maintained in the manner prescribed by supreme court rule which shall be available for public inspection in the office of the circuit clerk, and which shall state: the names of the parties; the date of the judgment; the nature of the judgment or decree; the amount of the debt, damages and costs; and the satisfaction or other disposition thereof, with any necessary notes thereon. The liens of all judgments entered in such record, as provided in this section, shall have priority according to the sequence of and from the time of its respective entry into the record, such time being deemed within the period of time in which the abstract thereof should be furnished to or provided by the circuit clerk pursuant to the provisions of this chapter.