Laserfiche WebLink
THIS AGREEMENT entered into this � day of September, <br />1956, between Albert J. Berman and Anna Herman, husband and wife, of <br />Hall CoLunty, Nebraska, hereinafter called "Sellers" and Austin E. <br />:Davis, Wallace G. Davis, Eugene B. Davis, Kenneth 0. Davis, Arthur <br />D. Davis, and George Davis, as tenants in common, of Hall County, <br />Nebraska, hereinafter called "Purchasers ", WITNESSET : <br />The sellers agree to sell and the purchasers agree to pur- <br />chase certain premises situated in hall CouLy, •ebraska, and described <br />as approximately 37 acres in the northeast quarter of the southeast <br />quarter (!E =SE`) and 40 acres in the southeast quarter of the northeast <br />quarter (SE4,TF11 and 50 acres in the north half of the northeast quar- <br />ter ( NE4) (Less 30 acres, wore or less, in the northwest portion <br />thereof), all in Section Twenty-four (24), Township Eleven (11), < ortl;, <br />Range 2J.ne (9), West of the 6th P. 1 %.I., subject, however, to any drive- <br />ways, and containing 126.58 acres, more or less. <br />Included in the sale and as a part of the premises are all <br />of the improvements, such as the house, barn, chicken mouse, brooder <br />douse, corn crib, two machine sheds and a combination machine sued <br />and grainery and the irrigation well and pump. dot included' are any <br />improve;l'ents owned by the tenant in possession. <br />The purchasers agree to pay as consideration for said pre- <br />mises with improvements the aggregate sum of Thirty -one thousand, six <br />hundred forty -five and no/100 Dollars (�31,645.00) in installments as <br />follows: Three thousand and no/100 Dollars ($3,000.00) upon the exe- <br />cution of this agreement paid to Dickey and Lautenschlager, of Grand <br />Island, vebraska, and Six thousand and no/100 Dollars (:� ?6,000.00) on <br />or before March 1, 1957, and at which time and upon payment of which <br />the purchasers shall be entitled to landlord's possession, subject to <br />the rights of the present tenant. The balance of Twenty-two thousand, <br />six hundred forty -five and no/100 Dollars (w22,645.00) shall draw in- <br />terest at the rate of 5 per cent per annum, from March 1, 1957, pay- <br />able semi - annually; the first interest payment to be on the first day <br />of September, 1957, and thereafter, on the first day of March and <br />September of each year on decreasing principal balances. Purchasers <br />agree to pay an additional sum of Four Hundred Eighty -five and no/100 <br />Dollars 0;485.00) on September 1, 1957, on the ,purchase price and <br />commencing with the year 1958 to pay a minimum of Five Hundred and <br />1-10/100 Dollars (.'500.00) on the first day of march and September of <br />each year, with the further privilege of making additional paymei s on <br />principal on any of said installment dates, but not to exceed,an aggre- <br />gate of :pine thousand and no/100 Dollars 09,000.00) in any o.ne`yea-r, <br />coruaier.tei ng with . the year 195b, and . including the year 1956, and a.dy <br />balance then remaining on the purchase price together with interest to <br />be paid by T'arch 1, 1967, when purchasers shall be entitled to.tine <br />deed to the premises, which deed is being executed at this time by the <br />sellers and placed in escrow as hereinafter provided. <br />It is understood by all parties that the premises are now occupied <br />and leased by a tenant under a written lease, which will terminate <br />February 28,.1957. ihe.premises are to be delivered to purchasers in <br />substantially tYie same condition in which they now are, subject to re- <br />moval by the tenant of any improvements belonging.to him, reasonable <br />(ova -R� t <br />