|
nGHEEI!ENT r'OR SALE OF :ZEAL ESTATE
<br />made and
<br />1'e)5<-,, by and between JGHI,"i W.
<br />as jo ]_nt tenants -aith rights
<br />common, of Shelton, Nebraska
<br />entered into this � --day o' December,
<br />KNAPP and LOIS KNAPP, husband and wife,
<br />of survivorship,and not as tenants in
<br />hereinafter called the "Sellers," and
<br />DOPIaLD ;;. DUBBS and LUELLA F. DUBBS, husband and wife,as joint tenants
<br />rights of survivorship, and not as tenants in common, of ;food
<br />Rive—., Nebraska, hereinafter called the "Purchasers," V�ITIvESSETH:
<br />1. Sellers agree to sell and Purchasers agree to purchase
<br />tle following described real estate, situated in Hall County, Nebraska,
<br />tG r 4t:
<br />The South Half (S2) of the Northeast quarter (NE4)
<br />of Section rive (5), Township Ten (10), worth, Range
<br />Twelve (12) , avest of the 6th P.M., in Hall County,
<br />Nebraska, containing 80 acres, more or less, accordin
<br />to government survey,
<br />to ;et:rler with all buildings and fence thereon, one irrigation well and
<br />e ectric ;netor being sold as is, all inlaid linoleum, cupboards, blinds,
<br />screens and store-, windows, and all permanent fixtures including plumbing
<br />arid i,t!e f1caL.Gr in the living rGOIll now located In the I'G„-iCE:ntlal dwelling
<br />located on said prerr.ises, but mineral rights to be subject to deeds of
<br />record. Purchasers ackDwledge that all of such bwldin`;s, fixtures,
<br />i'ence.s and which are to be included in the sale have been
<br />f! L1.II T e=,,,ined, inspected and gone over by them and that they ful_l%,
<br />u: °stand what improvements they will receive when possession is
<br />ae.._i . erect .
<br />2. Purchasers agree to pay as consideration. for the purchase
<br />�
<br />i premises, with improvements hereinabove referred to, the sum
<br />- =i c�� :,�a_u
<br />o_:� lwentyiour Thousand & No /100 Dollars ($24,000.00), uf rhich the
<br />sum of Six Thousand & No /100 Dollars N"! )6,000.00) has this date been
<br />paid by Purchasers to Sellers, receipt whereof is hereby acknowledged,
<br />with the balance of the purchase price of Eighteen Thousand & No /100
<br />Dollars (`,:18,000.00) to be paid as hereinafter provided. The balance
<br />of the purchase price of Eighteen Thousand & No/100 Dollars (Ni8,000.00)
<br />shall ara,•a interest at the rate of 5jo per annum, payable annually on
<br />''arch 1, of each year, beginning March 1, 1959, interest to be
<br />cer;putec on decreasing principal balances.
<br />Ie balance of the purchase price of Eighteen Thousand &
<br />to /100 Dollars ($18,000.00) shall be paid in installments, as follows:
<br />Eighteen Hundred & No/100 Dollars ($1,800.00) on or before
<br />Ma ch 1, 1960, and Eighteen Hundred & No /100 Dollars ($1,800.00)
<br />on or before March l.of each following year to and including
<br />March 1, 1969, when the final installment is due.
<br />The Purchasers shall have the right of prepayment of any
<br />part or all of the unpaid principal due on any principal installment
<br />payment date falling due on March 1, 1960, or March, l of any following
<br />year until the final payment date of March 1, 1969— .
<br />f
<br />,� ..1
<br />
|