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007-592
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007-592
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XIII. <br />,In the event of the termination of this Contract by lapse of time, forfeiture <br />or otherwise, all. improvements, whether finished or _unfinished, . on the premises <br />aforesaid., which may be put upon or on said premises by the Second- Party, shall <br />belong to and be the property of the First Parties without liability or obligation <br />on their part to account to the Second Party therefor or for any part thereof. <br />XIV. <br />It is further expressly agreed between the parties hereto that the remedy <br />of forfeiture herein given to the First Parties shall not be exclusive of any other <br />remedy, but that the First Parties shall, in case of default or breach, or for any <br />other reason herein contained, have every other remedy given by this Contract <br />and 'by law or equity, and shall have the right to maintain and prosecute any and <br />every such remedy, contemporaneously or otherwise, with the exercise of the <br />right of forfeiture, or any other right herein given. <br />XV. <br />First Parties further, agree that, upon the execution of this Contract and <br />approval of the Abstract by Second Party, they will make, execute, and place in <br />escrow with the First National Bank of Grand Island, Nebraska, together with <br />the Abstract of Title and a copy of this Contract, a Warranty Deed conveying such <br />real property to the Second Party, free and clear of encumbrances. The First <br />Parties agree to deposit with the First National Bank an amount necessary to <br />pay for Federal Documentary Stamps at the time of the delivery of such Deed <br />and other instruments. <br />(a) It is understood and agreed that all payments on this Contract, <br />except the payment of Five Thousand Dollars ($5, 000. 00) and <br />the additional payment of Twenty Thousand Dollars ($20, 000.00), <br />shall be made to the First Parties through the escrow - agent, the <br />First National Bank of Grand Island, Nebraska, unless otherwise <br />notified by First Parties, in writing. The First Parties agree <br />that the escrow -agent may,bill the First Parties at such times as <br />it desires for the amount of its fees and expenses in connection <br />with this matter, and that such billing may be paid by First Parties, <br />by the escrow -agent deducting such items from the payments made. <br />6- <br />
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