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<br /> r_; �I• Q�O��� AGREEhtENT FOR SALE OF REAI. PROYERTY
<br /> Thi.c a7ra<.,,,�r,� ._ A;;+-�_�� �� ���;;«„ J. i�auiei Casey and Marsha J. Casey
<br /> , each in his or her own right as the vendor(s; and Gerald L. Nenn and
<br /> l9ary K. /fenn , each in his or her own right as the purchaser(s).
<br /> The'vendor(s) se11 and the purchaser(s) AGREE TO BUY: Lot Three (3) Casey 5ubdivision,
<br /> a.k.a 2124 North Wheeler Street, Grand Island; Ha1i County, Nebraska.
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<br /> together with a11 appurtenances thereunto belonging and now thereon subject to any building
<br /> restribtions or easements of record against such property (real) on the date of this aqree-
<br /> ment.
<br /> The purchaser(s) AGREE to pay for such real property the aggregate sum of Six� Thousand
<br /> and 00/100 Dollars ($60,000.00) payable as fo2lows:
<br /> { � One Thousand and 00/100 ---------- Dollars, receipt of which is hereby acknowledged;
<br /> ' Eleven Thoosand and 00/100 -------- Dollars, on or before January 3rd , 19 77
<br /> and the balaance of Forty Eight Thousand and OOL100 -------- Dollars, with interest, at�
<br /> the rate of Eight & three quarters per cent ( B-3/4 �) per annum, to be paid at the office of
<br /> Baker Gallery of Homes at 820 West 7nd Street - Grand Island, NE
<br /> or at such other pZace as the vendor(s) may hereafter designate, in writing, in monthly
<br /> installments of S 380.3G P6I , commencing on .` February Z , 19 %7
<br /> and on :the first day of each month thereafter until such purchase price and the
<br /> interest theron sha11 be paid in fu11. Payment figured on a 29 year payment schedule
<br /> and balance to be paid in full 2006
<br /> The purchaser(s) sha11 have the privileae, on any installment payment date hereonder, of
<br /> paying the unpaid balance of such purchase price and interest thereon to the date of such
<br /> payment, and advances, if any, made by the vendor(s) for taxes or insurance, with interest
<br /> theTPnr7r.tn r7atg Of ....Ch p.:•yt^^..... � . _ .
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<br /> Purchasers herein agree to activate first mortgage financing, and pay the balance of this
<br /> contract upon receiving clear title waz•ranty deed from sellers herein.
<br /> � A11 payr.tents made on this contract shall he paid into an escrow account at Baker Callery
<br /> of Xomes and at such time as clear title can be passed a11 payments made to that date
<br /> sha11 be credited to the purchasers first mortgage at Home Federal Savings & Loan.
<br /> It is expressly stipulated and agreed that the vendor(s) will submit herewith to the our-
<br /> chaser(s) an A6stract oF Tit1e, certified to date and that the purchaser(s) shall inform
<br /> the vendor(s) within ten (10) days from the date of this contract as to the opinion of the
<br /> << attorney for the purchaser(s) regarding the merchantibilityo uf the title of the vendor(s) �
<br /> to such real property as shown by such 1lbstract of Tit1e.
<br /> � The vendor(s) further agree upon the execution of this agreement by the parties hereto to
<br /> place in ESCROW with such Baker Gallery of Nomes together ,�ith a copy
<br /> .�� of this contrack, a fti�arrenty Deed conveying surh real property to purchaser(s), free and
<br /> • clear of encumbrances except the protective covenent� and subsequent real
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<br /> property taxes and building restrictions and easements of record to date of this agreement
<br /> and further subject to any encumbrances and liens incurred by or permitted thereon 6y
<br /> purchaser(s), and the vendor(s) upon payment by the porchaeer(s) in fu1Z of the purchase
<br /> price, interest and advances, if any, by vendor(s) for the ta;ces or insurance (where neces-
<br /> > sary) with interest.
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<br /> The vendor(s) agree to pay the required real est3te transfer tax when the deed is delivered
<br /> and authorize the escrow agent to pay for such transfer tax out of the monies oF the vendor(s)
<br /> in his hands.
<br /> It is FURTHER AGREED THFiT: purchaser(s) sha1l be given possession of such property (real) on
<br /> Janaury 3 , 19 77, provided, however, payments of the total sum of Twelve
<br /> Thousand and 00/I00 ------- I�11ars, ($12,000.00) as herein provided for has 6een made by
<br /> the purchaser(s). Purchaser(s) agree they have inspected the improvements on the prerrsses
<br /> and accept the same in their present condiiton, further 3greeing they have no`_ relied on
<br /> any rn_presentacions made by vendor(s) or their agents.
<br /> The purchaser(s) F�IRTHER COV�'NANT AND ACfiEE: to pay annually all taxes and assessments that
<br /> � may accrue, or be Zevied upon this contract at the interst of the vendor(a) therein as
<br /> L-hey become due aad before they become deli.nauent, incZcding 1977 real property taxes; to •r"! -'�`-`�'
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<br /> keep the baildings, if any, on �uch real property insured aaairist .loss by fire and er.tended N
<br /> � coversge for the snm of $ 65,000.00 (whare applicable;, loss if any, payable to tY,e � s
<br /> parties hereto as their interst may appear; that if the purchaser(s) sha11 fail to pay such ,d,
<br /> taxes and asse�sment, or procure such insurance (if necessary) and the sum or sums so ad- I*:''�",
<br /> vanced, with interest, at nine oer cent ( 9 a) per annun shall 6e P31d to �
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