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Sellers agree to sell to buyer and buyer agrees to purchase from sellers the above described real estate for the total sales price of Foul Thousand (fip$,000.00) Dollars; payable as follows `))00.00 to be paid anon the execution of this Agree- ment, ft50.00 on 'Kay 1, 1959, and a, like amount of $50.00 on the first day of each month thereafter until the full nirchase r_rice has be:�n paid. Said ,,;50.00 monthly payments to include payment in reduction of the unpaid principal balance and interest at 6� nomputed annually on the unpaid principal balance May 1, 1959, as to payments made commencing; Play 1, 1959 and terminating April 1 19609 and compiuted annually on the unpaid principal balance 'as of Miay lst of each year thereafter until said principal balance is fully paid. Buyer shall have the option as, of Mav lst of each year to prepay in any amount on the unpaid principal balance, -without pen,l_t7T there- after as to interest on such prepaid sum or sums. All such payments shall be made to sellers at the State Bank of Cairo, Cairo, Nebraska, or at srch :dace as they ma.y hereafter from time to time designate. Sellers interest herein is as joint tenants with right of survivorship in all proceeds and rights herein. II Sellers agree to place in escrow with the State Bank of Cairo, Cairo, Nebraska,, as escrow agent, a properly executed warranty deed, with sufficient revenue stamps attached, conveying said premises from sellers to buyers, and sellers agree to place in escrow with said escrow agent a complete abstract of title to said premises show- ing marketable title to said premises as of this date with no liens or encnmbr.an ces against said premises. The 1959 real estate taxes shall be prorated between sellers and buyer with tb.e sellers reimbursing buyer for seven - twenty fourths (7 /24ths) of the 1959 real estate taxes. Buyer agrees to pay the 1959 and all subsequent real estate taxes and sneci_al or General assessments against said premises before the. same become delinquent. III Sellers agree to place buyer in. possessi.cn of said premises as of the 15th day of fir..ril, 1959, subject to the rights of the present occupying; tenants in the dwell- ing: located on said premises, and buyer shall �,e entitled to and shall receive the rental payable by said tenant on or about the 13th day of April., 1959. IV The buyer shall keep said improvements on said premises in good repair and insured for .fire and extended coverage hazards in a reliable insurance company in. an amount not less than ;°2,500.00 or the unpaid principal valance on this contract, whichever is lesss with sellers and buyer noted as insureds on said policy or policies, as their interests may anpea.r. The existim- fire and extended coverage insurance policy on the dwelling on said premises shall be assigned to buyer by sellers without any, expense to buyer, as a part of the consideration for this agreement. The risk of loss from and after the time of ea; ?cation of this agreement, shall .rest solely' pp with the buyer f V At such time as buyer has fully performed her obligations hereunder for payment of the .total purchase price, with interest, the escrow agent shall deliver to buyer, her heirs or assigns, said warranty deed and abstract of title to said premises. If default `bj_ Buyer, as :hereinafter provided, escrow agent will return to Sellers abstract and deed. VI' In the event that buyer should fail to perform any of the obligations herein provided, sellers shall give buyer written notice by certified mail of such breach