007-675 - Laserfiche WebLink

Browse

CO. REALTORS. GRAND ISLAND, NEBR. Agreement —Sale of Real Estate THIS INDENTURE, Made this 4th day of April A. D., 19 60 , between Amy H. Sorensen part it of the first part, and Roger F. Jensen and Cornilie J. Jensen part y of the second part, WITNESSETH, That party of the first part agrees to sell to the party of the second part and party of the second part agrees to buy the following described property, to -wit: The Northerly 66' of Fractional Lot One (1) in Fractional lock Eight (8) of H. G. Clark's Addition and that part of its complement lying Northerly of the Southerly 66' of Fractional Lot One (1) in Fractional Block One Hundred Thirty-nine (139) U. P. Railroad Co's 2nd Addition, making a tract of land 66' by 66' Known also as 922 North Cedar, Grand Island, Nebr. together with all appurtenances thereto belonging and now thereon, for which the party of the second part agrees to pay the sum of Six Thousand Five Hundred and 00%100 Dollars, $ v, payable as follows: Cash in hand Seven Hul Bred and 00/100 — — Dollars, $ 700.00 receipt whereof is hereby acknowledged. Balance of $5,900.00 payable a s follows. $65 00 pay.: ble 011 the 10th of 14aY, 1960' and $65.00 paya:rle on the 10th day of each elf?sequent m0lit "0 thereafter until the principal sum plus interest has been paid i. .`all. From each monthly payment 1 12th of both a years real estz.te taxes ?.nd 'haza2: insuI once aJ ett.ium shall be first deducted to pay those expenses as "hey become due; next interest at the rate of 6th per annum shall be deducted and the balance saaall a- -:ply €+,gainst the pr- r _cipal. Option is extended for party of the second part to pu„ additional sums in multiples of $50.00 on any regular payment date stopping the interest on the amount s0 paid. The entire u=aid principal balance may be paid off at any time with no -penalty. Party of 1st part agrees to pay for the cost of a, termite inspection to be made by oualifie4k person.:el. Further, party of 1st pert agrees to pay all costs for necessary treatment and repairs in the event active termite infestation is found. This contract includes all permanent fixtures, TV antenna, all gall —to —gall carpefihng, drapes in the living room and dining room, and washer. —dryer combination. The party of the first part is to furnish to the party of the second part, or assigns, a warranty deed and a mer- chantable abstract of title, showing a good title of record to the premises herein described, abstract to be furnished extended to date on or before upon payment of entire balance pay all taxes and assessments against said real estate up to ( see below) and give possession May 1, 1960 all assessments due prior to May 1, 1960 to be ,nr.id in full by -party of lst ; ,:rt. Real estate taxes to be paid by party of lst part up to Nay 1, 1960, including currently acenzing taxes. ?day 1 196c) Part y of the first part agree g to keep the insurnace now on property in force until packWAR; ; dx nd agree not to assign said insurance. Party o 2nd art gill orovaae �Za ze L insurance on May 1 1966 and thereafter. It is mutually agreed that time is an essential element in this contract and it is further agreed that in case either of the parties hereto shall fail to perform the stipulations of this contract, or any part of the same, the failing party shall pay to the other party of this contract the sum of Three Hu. tired Fifty Dollars, $ 350,00, further party of the 2nd pxt would surrender all pay ;,4; s; made is as damages for non - fulfillment of contract. the event they failed to carry out the terns of the cont IN TESTIMONY WHEREOF, the parties aforesaid have subscribed their names the daP above mentiotic�. ess: / .......... e / v o S, rat.' .. . ... .... ....... ...................... .. . . f- t.