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<br /> CONTE�ACT FOR,SALE OF LAND
<br /> = , THIS CONTRACT made this 23rdday of Au�ust , 1977,
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<br /> between Lue J, Allan 'and Clara E. Al1an, husband and wife, herein-
<br /> ' after"called the: Sellers, and Lue J.- A11an, Jr. , and Margaret
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<br /> ° Virginia Allan, husband and wife, as joint Buyers with. right af
<br /> survivorshi;p , hereinafter called the Buyers, WITNESSETH as
<br /> follows :
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<br /> f 1. Said Sellers, in consideration of the s'�un of rnoney to
<br /> ,; be paid by the Buyers, to the Sellers, and of the covenants to
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<br /> ` � be performed by the Buyers, as hereinafter expressed, hereby
<br /> LL ' agrees to se11 to the Buyers al1 that certain piece or parcel of
<br /> � � land situsied in the Caunty of Hall, State of Nebraska, described
<br /> as follows:
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<br /> � ; `The `East one-half (E�) of the South one-half
<br /> �- ' {S�) of the Northwest quarter (NWw) of Section
<br /> '. � -' Twenty-four (24) , in Township Eleven (11) North,
<br /> � Range �relve (12) , West of the 6th P.*�. ,
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<br /> ; subject to any restrictions upon the-use of the premises.
<br /> � r 2. Said Buyers in considaration of the covenants herein
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<br /> � ? m2de :by the Sellers, agrees to purchase of Sellers the above
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<br /> described premises and to pay therefor to Sellers the sum of
<br /> a
<br /> � Twenty-six Tl�ousand and no/100--------------Dollars ($26,000.00) i
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<br /> � in manner as follows: Three Thousand and'no/100--------DoZlars
<br /> , 9.... . . . . .
<br /> , ; ` ($3,Ot�0_00) per year beginning December 31st, 1978 and each
<br /> and every consecutive December 31st thereafter until fully
<br /> paid; said payments shall include interest at the rate of 8%
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<br /> 2 pe.r annum on the unpaid balance and the remainder shall apgly to
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<br /> s the principa L It is understood between the parties that full
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<br /> payment wi11 have been made on or before December 31st , 2Q08,
<br /> It is mutually agreed that the Buyers shaTL have the privilege of
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<br /> paying any additional amounts with interest on annual payment
<br /> '.,,'3 ' date.= Both principal and interest will be payable at the Sellers'
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<br /> t home in Ha1I County, Nebraska or' at such other place as Sellers may `
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<br /> ,; designate from ti.me to time. ' ,,;� �.
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