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Unless sooner paid, the entire principal sum of Eighteen
<br />Thousand & No/100 Dollars (18,000.00) payable in installments, as
<br />hereinabove provided, must be fully paid on or before Parch 1, 1969,
<br />and at that time, or such earlier date as all of the principal has
<br />been paid as herein provided for, with interest accrued thereon, a
<br />deed executed by the Sellers and placed in escrow, as hereinafter
<br />provided, shall be delivered to the Purchasers.
<br />3. Sellers agree to deliver possession of said prerAses to
<br />Purchasers on or before `arch 1, 1979.
<br />4. The abstract of title to said premises shall be immediate:,,
<br />extended and certified to date and delivered to the Purchasers or
<br />Purchasers' attorney for examination by their attorney. If an', defects
<br />in ?the title are found, Sellers shall have a reasonable time within
<br />,i,hich to correct such defects. In the event Sellers shall be unable
<br />torer:ove such title defects, then any payments made under this
<br />agreement shall thereupon be refunded and all obligations of the
<br />pa ties hereto shall terminate and this a:;reeir.en!, shall oe deer:ed
<br />void without recourse to either of the parties hereto ov the otr_er.
<br />7. ibis agreement shall be executed in triplicate, one copy
<br />to be -retained by the Sellers, one copy by the Purchasers, and the
<br />third copy shall be deposited, together with a warranty deed exectte(i
<br />by tyre Sellers to the Purchasers in the manner he. ^einaftL_• sta.te.4,.
<br />which shall be placed in escrow with the Flower -Lvans Comnan-v of
<br />Grand Island, NebrasKa, the escrow agent. 'i'he abstract, after i;he
<br />sane has been extended and examined, shall likewise be depositec ir_
<br />escrow with the escrow agent, unless the Prudential Insa_°a.nce
<br />present mortgagee on said premises, demands clstody of txe abstract,
<br />in which event the abstract shall th ereupo_. .;e permitted to remain: aitf:
<br />said mortgagee. All payments of interest and pa-, rr.ents on princi :a
<br />shall be ',fade o)% the Purchasers to said Flower Vans vU it zYiy', e'sCr'G'ri
<br />agent, and proper credit shall be given on the �,otal pu,,cchase ()r. ice.
<br />U-oon the payment oi' the balance due on the oarchase ):' Cc; a
<br />1r0;'v ided, sa-'d e scro w, a gent shall pl: chase sui f:i.cieYll:
<br />to oe ai'fixed to the -viarranty deed, and said deea and abstract s xl_
<br />be del lV erect to L?-.e Purchasers. The cinar f?'es of � the es r dr;er 1,
<br />shall be paid equally by the Sellers and the Purc:has e:rs . 11,
<br />event of defa..lt of Purchasers o an, annual. interest ou r
<br />..
<br />princi oai ins La .lP;;ent payment as he-rein pro'v'ide`, fcr, a tej:, uO Oaz; s
<br />notice -to tie Purchasers, or eitr_er of them, at their last' kn.o n,
<br />ad-ess Uy registered frail, tie Sellers shall be entitic(. to ial,
<br />Q (,ed ano' abstract redelivered to G `:em and the Purchase --s ; a„ r E_e
<br />vacate and surrender possession of the said premises to, c,'rle =; ell
<br />lri that evert the Sellers shall be entitled to retain a].:i
<br />;.ade here.lnder as rent and iq,.iaatea :±a :iage,.
<br />,
<br />6. Sellers agree to .�)a - all real esta'�e taxes an
<br />5_Ur -he _'ear 19 and _C, r' ) "�Or e,,rs, and hee ea:_te.'
<br />assessrr:ents steal'_ oe paid o the Purchasers.
<br />/. it is understood by the T)arti es hereto t' a ;ile or e ?`.lise.
<br />ar'e presentl:T encumber ea by a r;'lortgage given by Jel._ i' tt) the
<br />denti.al. Insurance Company. Immediately 'apon receipt e" t_rie interest
<br />and installment principal payments by escrow agent _`r':)r: Purchasers,
<br />the escrow agent shall pay the then due annual in sta.l..lr:;errt of Principal
<br />and accrued interest under the mortgage to the Prudential Insurance
<br />Company, for and on behalf of the Sellers, taking prcper receipts, and
<br />P
<br />then rep -:.it any surplus proceeds ;_rc-� the payments recei_-,red on pr.ir..cipa.-1
<br />and interest from Buyers br escrow agent to Sellers. 1,'ilion the tol: al
<br />purchase price and accrued interest has been paid in li. by Pur'cLa.se
<br />to Escrow Agent, by annual installrents, as herein provided or by
<br />prepayment, the pr•errises snap be conveyed to t %le Pt?,ct:ase ^s f _ =�ue ar.,d
<br />clear of all liens and encubrances including real estate taxes
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