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*�A 4 - �D� 3Riyj+a�'f+' Sj <br />Aa i� ! 3 i S <br />other and `,aa 'the= VENDORS, <br />aton for a lean through 1 <br />tract when'the unpaid <br />filling to lend thereon, <br />:tie 1959 Real Estate <br />ad to the $6,000.00. <br />AND <br />s <br />ZT$ <br />; <br />Including all furniture and furnishings that ike own in <br />the apartment house. <br />It is understood and agreed that the purchasers are to assume and pay the full amount of they <br />paving assessment eA,;the-East side of this property on Greenwich Street which paving has riot' <br />`.yet hbeen assessed, veendorsspa }gree to give the puuchasers credit onsthe $6,000.00 unpaid balane <br />Of in?�aliCCOUny andi�Sit fTebi�sk?�te��vitii1��phaestlietgeging and n reon excepnt( % <br />and subject to any building restrictions or easements of record against such real property•on the date of this agreement. <br />The purchasers agree to pay for such real property the aggregate sum of <br />EIGHT THOUSAND AND NO /100 - - - - - - - - - - - - - - - - Dollars ($ RAT ) <br />payable as follows: $ 5510,11; receipt of which is hereby acknowledged; on or before Dec . 1, 1959, and, the balance of $ 6,000 -oo with interest at the rate of —6%— 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 <br />SiX+Y . nn /1M — Dollars ($ �(�_nn ) commencing January 1 3960 and on the lgt <br />day of each month thereafter until such balance of purchase price and the interest thereon shall be paid in full. <br />P6 Is �Mdersteed and agreed -that the ;tsadqrs ;411 -ay- the the <br />. <br />I <br />jThe above $60.00 monthly payment is to be applied first to interest on decl' <br />balance, and the balance to principal. <br />Vendors hereby agree to pay a pro rata portion of the 1959 Real Estate Tax to' <br />December 1, 1959; using the amount of the 1958 Tax as a basis of calculation. <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 thereor_ to the date of such payment, and advances, if any, made by vendors foll,'igk4/orinsur- <br />ance with interest'thereon to date of such payment. ; i . <br />It is expressly stipulated and agreed that the vendors will submit herewith to ' the purchasers an abstract% bfi t't le cert3 <br />fied to date and that the purchaser shall inform the vendors within ten days from the date of this contra t> as to the piniori. <br />of the attorney for the purchasers regarding the merchantability of the title of the vendors to such real propertry 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 hlsu�aA&, -that the. <br />vendors will again have such abstract of title certified to that date to show merchantable title to such real- prgpertty' in ySe <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 ' y}Ior'111 r, 'tied <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 19-59—_ 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 December 1� 1959, stbject to tenants rights. <br />provided, however, payment of the total sum of $?y 000 00 as herein provided for has <br />been made by the purchasers. <br />i <br />