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241 — PURCHASE AGREEMENT —Real Estate (Revised) <br />To Flower —Evans Co. <br />The Huffman General Supply House, Lincoln, Nebr. <br />December 10, <br />The undersigned, hereby agree to purchase the property hereinafter described, to -wit: <br />515 North Boggs St. Grand Island, Nebr. Correct IAgal description to be <br />incorporated from the abstract. Lot I i ,-ht ()) in Block Seven (7) in <br />Pa.clrer and 3arrl s 1.dditi.or, to tiae City of Cra.nd Tslmd, Nei,raska. <br />19 56. <br />subject, however, and on condition that the owner or owners thereof have a good, valid and merchantable title, in <br />fee simple and ,rill agree to furnish abstract of title da=AqC)dft)dxTAJOc and convey said premises by good and suf- <br />ficient warranty deed, when contract has been fulfilled. *� <br />The undersigned agree to pay for same,($ 2, 200.00 ) <br />Two Thousand Two Hundred and n0 %100 – – – – – – – – – – – – – – – – – – Dollars, <br />on the folloteqng terms, to -wit: <br />Purchasers agree to pay 345.00 per month beginning January 1, 1957. to apply on <br />principal, interest, and taxes. Interest is to be computed on the basis of Gip per <br />annum on the unpaid balsince each six months. Interest figuring dates shall be Jan.lst, <br />and July 1st each year, beginning July 1, 1957. <br />When the original purchase price has been reducedone third(or to a balance of y1,467.00), <br />the sellers agree to transfer the deed to the purchasers and to carry a first mortgage <br />on the balance. <br />Insurance premiums are also to be paid out of the payments. <br />The purchasers agree to pay for any improvements that are placed upon the property. <br />The sellers agree that they will not run any bills against the property. <br />All tares for all prior years and including 19 56 , and any special assessments to become due or delinquent before <br />this offeri's accepted shall be paid bt- seller . <br />Current taxes shall be paid as follo«s: 1956 and all prior years taxes to be paid by the se7]arc <br />Said property to be delivered free and clear of all encumbrances, except as hercinabove other rise stated. <br />If this proposition is acr� htcd on or before the see abov-- day of 19 <br />the undersigned agree to close said purchase in accordance here-,(4th and give possession on or be <br />days after abstract of title has -been furnished for e.ramination. The undersignc&agree to furnish the seller a written <br />legal opinion sboa -ing defects, if any, in the title to the above described property. Rents, if arty, are to be adjusted on <br />and as of the d,z of closing. <br />Title to said property to be, taken in name or names, of: <br />ff/i tness.... L -------- -> t � .. .... . <br />- - ! �''J ✓l `�: Purchaser <br />`... t .- � 7 ,... - -, Purchaser <br />, rg <br />Received front the sum of <br />($% Dollars, to apply on the <br />purchase price of the above described property on the terms and conditions stated above. It is further agreed and under- <br />stood that in case of any legal defects in the title which cannot be cured within a reasonable time after filing with us a. <br />zcritten notice of such defect, the money hereby paid is to be refunded. In the event of the refusal or failure of the <br />buyer to consnmate the purchase, said deposit shall be retained as liquidated damages for failure to carry out said con- <br />tract of sale as herein agreed to. This receipt is given and offer to purchase taken subject to approval and written <br />acceptance by fire owner on or before the see above day of 19 In the event <br />the offer is not so accepted, the money deposited shall be refunded. <br />By--- -- - - - - -- - -- ------------------------------- <br />19 <br />The undersigned do hereby accept the foregoing proposition on the terms abov. stated, and agree to execute the <br />conveyance upon the terms and conditions above set forth. <br />..... Seller <br />� . .................... •-- •---- C:i/1�-- a'��r'✓'�� -- - - - - -- ...Seller <br />