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AGREEMENT FOR SALE OF REAL PROPERTY <br />This agreement is entered into between Marjorie F. Cross and Wayne L. Cross <br />of Scnt.t shlrf f j�ebraska each: in his and her own right and as spouse of the other, and as the VENDORS, <br />and <br />and, John R. Meinecke �p ,Martha Meinecke as PURCHASERS <br />R� <br />, <br />I" <br />1, <br />The vendors self and the purchasers agree to buy <br />Lot Six (6) and Seven (7), Block Seventeen (17), Packer & Barr's Second Addition to the <br />City o C Grand Island, Nebraska. Also including two gas heaters, gpartment size gas <br />range, Kenmore automatic washer, living room drapes, all blinds and oak flooring in <br />garage. <br />i <br />in Hall County and the State of Nebraska, together with all appurtenances thereunto belonging and now thereon except <br />It <br />i <br />and subject to any building restrictions or easements of record against such real property on the date of this agreement. <br />The purchasers agree to pay for such real property the aggregate sum of Thirty -eight Hundred Fifty <br />and no /100 - - - - - - - - Dollars ($ 3850.00 <br />{, payable as follows: s-500-00 receipt of which is hereby acknowledged; $ 750 -00 __ on or before iLiarch <br />1 a =1958 - -, and, the balance of $ 2600.00 with interest at the rate of— S� X per cent <br />per annum, to be paid at the office of B. F. Douthit in the First National Bank Building in Grand Island, Ne- <br />I! braska, or at such other place as the vendors may hereafter designate. in writing, in monthly installments of Enr%y_ —, <br />' <br />and noZ100 =_— Dollars ($ - ) commencing aP—r31 4 1958 _ __, and on the -1—st <br />ii day of each month thereafter until such balance of purchase price and the interest thereon shall be paid in full. <br />Purchasers hereby agree to make application to any lending agency for an amount they <br />i, are willing to loan on this property and pay for the expense necessary to pay oft the <br />balance on this contract at any time. <br />!1 <br />i� <br />The rpurchasers shall have the privilege, :on any installment payment date hereunder, of paying the unpaid balance of such <br />purchase price and interest thereon to the date of such payment; and advances, if any, made by vendors for taxes or insur- <br />ance with interest thereon to date of such payment. <br />J; It is expressly stipulated and agreed that the vendors will submit herewith to the purchasers an abstract of title certi- <br />fied to date and that the-purchaser shall inform the vendors within ten days from the date of this contract as to the opinion <br />of the attorney for the purchasers regarding the merchantability of the title of the vendors to such real property as shown <br />by such abstract of title. <br />Vendors agree upon payment of the full purchase price, interest, and advances, if any, for taxes or insurance, that the <br />vendors will again have such abstract of title certified to that date to show merchantable title to such real property in the <br />j vendors free of any encumbrances and liens incurred by vendors but subject to building restrictions and easements of record <br />on the date that this contract is entered into and further subject to all encumbrances and liens incurred by or permitted <br />thereon by purchasers. <br />The vendors further agree upon the execution of this agreement by the parties hereto to place IN F,SCTLOW with such <br />B. F. Douthit, together with a copy of this contract; a warranty deed conveying such real property to purchasers, free and <br />clear of encumbrances except the 1958 and subsequent real property taxes and any building restrictions and easements' <br />of record to date:of this agreement and further subject to any encumbrances and liens incurred by or permitted thereon by <br />purchasers, and the vendors herein hereby authorize such escrow agent to deliver such warranty deed to the purchasers up- <br />on payment by the purchasers in full of the purchase price, interest, and advances, if any, by vendors for taxes or insurance, <br />with interest. <br />The vendors agree to pay for the required Federal documentary stamps when the deed is delivered and authorize the <br />escrow agent to pay for such documentary stamps out of any monies of vendors in his `hands. <br />IT IS FURTHER AGREED that purchasers 'shall be given possession of such real property on -March :l • 1�"8 _ <br />provided, however, payment of the total sum of $1250 -00 as herein provided for has <br />been made by the purchasers. <br />