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006-597
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AGREEMENT FOR SALE OF REAL PROPERTY <br />This agreement is entered into between EdmondFVan Trump and Alice M. Van Trump <br />of each in his and her own right and as spouse of the other and as the VENDORS, <br />and, John H. Taylor and Marcella M. Taylor as PURCHASERS <br />The vendors sell, and the purchasers agree to buy <br />Lot Five (5), Block One Hundred Twenty -Nine (129), Union Pacific <br />Railroad Second Addition to the City of Grand Island, Hall County, <br />Nebraska. <br />Including the living room rug and pad, and all veretian blinds. <br />in Hall County and the State of Nebraska, together with all appurtenances thereunto belonging and now thereon except <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 <br />Dollars ($- 6,5� —) <br />payable as follows: $2()().0() , receipt of which is hereby acknowledged; $ LL50,00 on or before May <br />29, 1959 and, the balance of $ 58r+n -00 — with interest at the rate of per cent <br />(_6 —%) 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 Slxt3__-- <br />Nine and no /100Dollars ($_6_9_ 0 ) commencing ? n� e 29 1959 , and on the — 9th <br />day of each month thereafter until such balance of purchase price and the interest thereon shall be paid in full. <br />The above $69.00 payment is to include interest on the declining balances, principal, <br />and 1 /12th of the annual Real Estate Tax. <br />Vendors agree to pay a pro rata portion of the 1959 Real Estate Tax to May 29, 1959, <br />using the amount of the 1958 tax as a basis of calculation, said pro rata tax amounts <br />to $70.30 and this to be credited on the $5850.00 unpaid.balance on the contract on <br />May 29, 1959. <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 19_5_51_ 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 Mav 1959 <br />provided, however, payment of the total sum of as herein provided for has <br />been made by the purchasers. <br />
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