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007-047
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007-047
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with the Escrow Agent as hereinafter provided. It is expressly <br />provided that, for such period after date of this agreement; that <br />DINGLEY remains in possession of this property he shall pay a <br />pro rata share of the monthly payments on the FHA, Sears and <br />bank loans. <br />6. DINGLEY is hereby authorized and permitted to <br />remove, when they vacate the property, all fixtures, iruprovercents <br />and personal property therein contained or connected there,ith, <br />excepting only, the following specifically named items, to -wit: <br />window shades <br />storm windows <br />7. The parties hereby nominate, constitute and appoint <br />the Equitable Building and Loan Association of Grand Island, <br />Nebraska, as Escrow Agent under this agreement. A warranty <br />deed to the property su;�ject to the restrictions herernbefore <br />set forth shall be deposited with such Escrow Agent fort- hwith. <br />At present, the abstract of title and colicies of insurance are <br />in the possession of the Prudential Insurance Company, but if, <br />at any time prior to the payment- in full of the Prudential loan, <br />they are released by said Prudential Insurance Company, they shall <br />be placed on deposit with the Equitable Building and Loan Association, <br />as part of the escrow. Said deed and other papers shall be re- <br />tained by said Escrow Agent, in its custody,'until such time as. <br />all obligations of DDINGLEY with reference to all liens and en- <br />cumbrances auainst the property on date of this agreement, have <br />been di scharaed and DING T has been _released from all liahlity <br />with reference theremo. In s c'_ -_vent-, the Escrow Agent Shall <br />thereupon release the warranty deed and all other papers which <br />the Escrow Agent may at such time hold, to 1.4CGEE, or in the event <br />-3- <br />
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