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<br />"UNIFORM REAL ESTATE CONTRACT
<br />I1. THIS AGREEMENT, made in duplicate this 22nd day of Karch , A. D., 19Lo ,
<br />yby and between z M7 ARA Ni SAVTZRy a yid w
<br />hereinafter designated as the Seller, and %Ail?, tiP',rdT'i,LT?R. and Hn " �` '�`$�'•r �1'y '-l'i'� �
<br />" as Joint tI enants and not as tonants in cozmion stn tiz? 1 r� ry11'I:s :o �' survivorship,
<br />hereinafter designated as the Buyer, of C °'�r3 %aT.art?� Anhra7tr�
<br />i
<br />2.. WITN�SSETH: That the Seller, for the consideration herein mentioned agrees to sell and convey to the buyer,
<br />and the buyer, for the consideration herein mentioned agrees to purchase the following described real property, situate in
<br />the county of State of LTIM, to -wit: f" *'` &nd Tslrrdl
<br />More particularly described as follows: Nebraska ADDRESS
<br />Three (3) in Blea&. Nineteen (19) in Vallich' ; A 'd Lion to
<br />City of Grand Island„ ,,red, °,..ska.
<br />3. Said Buyer hereby agrees to enter into possession and pay for said described premises the sum of
<br />Twelve tea sand -rive hundred and no/100 - _ _ _ _ _ _ _ - - Dollars
<br />payable at the office of Seller, his assigns or order
<br />strictly within the following times, to -wit: T'Je tty ;Eliye hundred and no/l'(1 "' — ($ ? - `i'"' "' + 'Q )
<br />cash, the receipt of which is hereby acknowledged, and the balance of $gig + 'i? - ? shall be paid as follows:
<br />rJay $P7.00 or nore or- or b�)?ore VIlay 1, 1960 and 7.'- 0 or norn or, or ho =o M, - :o
<br />day of, oac?x arvl evc±ry month thereaftor tlntii t:ie entire ,x1rcl.,a. e ?ri e €.:; ex nid
<br />in llallg to,-ether vll*.h the interest gas horoin at'u~r cr. It -.s ,m'orst')od
<br />and aprreed th ^.t the above payments are to in.c u o =ena -°a.l t �x-is and 14.--o - .nm2- -r.c.o
<br />p'r€nAuvis. The seller will pay the to -rF33 and Pa re I.Ti u em.? a no tie
<br />any 9,mo.'l� t /S�yo a�C�.'} ti�$ Rnc,.! ��eyydgg� ,'ilya�..- .¢O��iJ£'/�£a(ld^d� l:�?le+ ck tCnYn�vf� is�e1;r�':I.Fn2ci;"`aly fo" t 3 C!?Y;° .�._ '.t. rn �I -o
<br />event thw general �v/C"Yx �s o i.L a i_1:2s L4::.i.�nce p : l]Y.ii.7 ms L.n roase L T-o r+ � a .%i7n (l o n
<br />tares a+2r? .re illsu ncp nremiums for the Year 1 i0,, ;.zees v3e ront`Y?dr .a4:xon s In tla'e
<br />f -attire Will be 4- neroased accorJ.3ndy. r tie <�h =e
<br />Possession of 'said premises shall be delivered to buyer on/the day of fit?Z'?;) 1
<br />4. Said monthly payments are to be applied first to the payment of interest and second to the reduction of the
<br />principal. Interest shall be charged from April is lq60 on all unpaid portions of the
<br />purchase price at the rate of S1 per cent ( 6 %) per annum. The Buyer, at his option at anytime,
<br />may pay amounts in excess of the monthly payments upon the unpaid balance subject to the limitations of any mortgage
<br />or contract by the Buyer herein assumed, such excess to be applied either to unpaid principal or in prepayment of future
<br />installments at the election of the buyer, which election must be made at the time the excess payment is made.
<br />5. It is understood and agreed that if the Seller accepts payment from the Buyer on this contract less than according
<br />to the terms herein mentioned, then by so doing, it will in no way alter the terms of the contract as to the forfeiture
<br />hereinafter stipulated, or as to any other remedies of the seller.
<br />6. It is understood that there presently exists an obligation against said property in favor of
<br />nt311@ with an unpaid balance of
<br />$ as of
<br />7. Seller represents that there are no unpaid special improvement district taxes covering improvements to said prem-
<br />ises now in the process of being installed, or which have been completed and not paid for, outstanding against said prop-
<br />erty, except the following, none
<br />8. The Seller is given the option to secure, execute and maintain loans secured by said property of not to exceed the
<br />j.
<br />then unpaid contract balance hereunder, bearing interest at the rate of not to exceed " percent
<br />( 6 %)i per annum and payable in regular monthly installments; provided that the aggregate monthly installment
<br />payments required to be made by Seller on said loans shall not be greater than each installment payment required to be
<br />made by the! Buyer under this contract. When the principal due hereunder has been reduced to the amount of any such
<br />loans. and mortgages the Seller agrees to convey and the Buyer agrees to accept title to the above described property
<br />subject to said loans and mortgages.
<br />9. If the Buyer desires to exercise his right through accelerated payments under this agreement to pay off any obIi-
<br />gations outstanding at date of this agreement against said property, it shall be the Buyer's obligation to assume and
<br />pay any penalty which may be required on prepayment of said prior obligations. Prepayment penalties in respect
<br />to obligations against said property incurred by seller, after date of this agreement, shall be paid by seller unless
<br />said obligations are assumed or approved by buyer.
<br />10. The !Buyer agrees upon written request of the Seller to make application to a reliable lender for a loan of such
<br />amount as can be secured under the regulations of said lender and hereby agrees to apply any amount so received upon
<br />the purchase! price above mentioned, and to execute the papers required and pay one -half the expenses necessary in ob-
<br />taining said ,loan, the Seller agreeing to pay the other one -half, provided however, that the monthly payments and
<br />interest rate] required, shall not exceed the monthly payments, and interest rate as outlined above.
<br />11. The 1 Buyer agrees to pay all taxes and assessments of every kind and nature which are or which may be assessed
<br />and which may become due on these premises during the life of this agreement. The Seller hereby covenants and agrees
<br />that there are no assessments against said premises except the following:
<br />none
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