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1. First parties have this day sold and agreed to <br />convey and second parties to purchase the following described <br />real estate: <br />The South Forty -six (46) Feet of Lot <br />Ri&ty- seven (87) in test Lawn Addi- <br />tion to the City of Grand Island, Hall <br />County, Nebraska, <br />for the sum of Your Thousand Dollars ($4,000,00) payable in <br />the followUW manner: <br />Six Hundred Dollars ($600.00) cash in hand, <br />receipt of which is hereby acknowledged and <br />the balance of Three• Thousand Your Hundred <br />Dollars ($3,400.00) payable monthly at the <br />rate of Fifty 'Dollars ($50.00) per month, <br />first payment to be made December 30, 1959 <br />and an identical payment on the J,Othday of <br />each and every month thereafter until the <br />full amount is paid. <br />The $50.00 monthly payment shall include interest at the rate <br />of sin percent (6 %), which is to be deducted each month and <br />the balance applied on the principal indebtedness. <br />2. The second parties are hereby given the option <br />of paying all or any part of the principal or interest at any <br />time during the term of this contract. <br />3. All payments of principal and interest shall be <br />made to first parties at their residence in Grand Island, <br />Nebraska, and they agree to furnish second parties an abstract <br />-I- <br />