AGREEMENT FOR SALE OF REAL PROPERTY
<br />This agreement is entered into between Lena Stueben , a widowX
<br />of (rand Tsland, Nebraska, each in his and her own right and as spouse of the other and as the VENDORS,
<br />and, rjane E, Shriner of Grand Island, Nehraskn as PURCHASERS
<br />The vendors sell, and the purchasers agree to buy Lot Eight (8), of Hawthorne Place, being a
<br />subdivision of part of the NWT, of Section 22, Township 11 North, Range 9, West of the
<br />6th P. M., together with Coldspot refrigerator, circulating gas heater, table and 4 chairs,
<br />studio couch, rocking chair, dresser, washing machine, corner cupblard and cabinet, TV
<br />antenna, bed, springs and mattress, floor coverings, throw rugs, garbage pail and {harden
<br />hose in basement apartment, circulating heater upstairs.
<br />in Hall County and the State of Nebraska, together with all appurtenances thereunto belonging and now thereon except
<br />4,' �x �fra���i��xsr�jtai�x_ mQ; E�{ d�Jx�x�x�x�xacx�x�x�x�xx :xxx�cxx�c�xxx�x� –
<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 –five Hundred and
<br />na /1 O – – – – – – – – – – – – – – – – – – – – – – – – – Dollars ($- 3_rL0C.L1U_ )
<br />payable as follows: $ 30(1.0)0 receipt of which is hereby acknowledged; $ 800.00 on or before 207th
<br />luly� 1958, and, the balance of $ 21,00-nn interest at the rate of six — 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 />braska, or at such other place as the vendors may hereafter designate in writing, in monthly installments of Fifty
<br />and no/100 – Dollars ($ 50.00 ) commencing____A11Q1st. 20, 1958 , and on the 207th
<br />day of each month thereafter until such balance of purchase price and the interest thereon shall be paid in full.
<br />It is understood and agreed that the above $50.00 monthly, payment shall first be applied
<br />to accrued interest due and the balance of each payment to be credited upon the principal
<br />remaining unpaid.
<br />It is also understood and agreed that the purchaser is to receive credit off the purchase
<br />price for a prorata portion of the 1958 real estate tax to July 20, 1958 using the amcurit
<br />of the 1957 real. estate tax as a basis of calculation.
<br />The purchasers 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 />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 />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 ESCROW 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 July 20, 1958
<br />provided, however, payment of the total sum of $ 1100.00 as herein provided for has
<br />been made by the purchasers.
<br />
|