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<br /> 4 0Q0037
<br /> AGREEMENT FOR SALE OF REAL PROPERTY
<br /> This agreement is entered into between J. Daniel Casey and Marsha J. Casey, each in his
<br />', and her own right as the vendor(s) and James E. Enneper and Constance A. Enneper, each
<br /> in his or her own right as the purchaser(s).
<br /> The vendor(s) sell and the purchaser(s) AGREE TO BUY: Lot 3, Block 1, Casey Subdivision,
<br /> City of Grand Island, Hall County, Nebraska a.k.a. 2124 North Wheeler together with .
<br /> all appurtenances thereunto belonging and now thereon subject to any building restrictions
<br /> or easements of record against such property (real) on the date of this agreement.
<br /> The purchaser(s) AGREE to pay for such real property the aggregate sum of Sixty-Two
<br /> Thousand and 00/200 Dollars, ($62,000.00) payable as follows:
<br /> One Thousand and 00/100 Dollars, receipt of which is hereby acknowledged; Seven Thousand
<br /> and 00/100 Dollars on or before December 31, 1975, Fourteen Thousand and 00/100 Dollars,
<br />�y,• plus 9kt interest on or before March 31, 1976, and the balance of Forty Thousand and 00/
<br /> 100 Dollars, with interest, at the rate of Nine and one. Fourth percent (94%) per annum,
<br /> to be paid at the office of Dan Casey at Grand Island, Nebraska, or at such other place
<br />{% as the vendor(s) may hereafter designate, in writing, in monthly installments of $342_56
<br /> •plus prorated tax and insurance installments, commencing on February 1, 1976, and on the
<br /> first day of each month thereafter until such purchase price and the interest thereon
<br /> shall be paid in full. Payment figured on a 25 year payment schedule and balance to be
<br /> s•. paid in full January 1, 1986.
<br /> The purchaser(s) shall have the privilege, on any installment payment date hereunder, 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 /> thereon, to date of such payment.
<br /> It is expressly stipulated and agreed that the vendor(s) will submit herewith to the pur-
<br /> chaser(s) an Abstract of Title, 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 merchantibility of the title of the vendor(s)
<br /> to such real property as shown by such Abstract of Title.
<br /> The vendor(s) further agrees upon the execution of this agreement by the parties hereto to
<br /> place in ESCROW with such Baker Realty , together with a copy of this contract, a Warranty
<br /> Deed conveying such real property to purchaser(s), free and clear of encumbrances except
<br /> the (no exceptions) and subsequent real property taxes and building restrictions and
<br /> easements of record, to date of this agreement and further subject to any encumbrances and
<br /> liens incurred by or permitted thereon by purchaser(s), and the vendor(s) upon payment by •
<br /> the purchaser(s) in full of the purchase price, interest and advances, if any, by vendor(s)
<br /> for the taxes or insurance (where necessary) with interest. Escrow fees shall be paid
<br /> one-half by vendor(s) and one-half by vendee(s). If it becomes necessary to appoint a
<br /> successor escrow agent the shall be design- .•
<br /> ated as escrow agents.
<br /> The vendor(s) agree to pay the required real estate transfer tax when the deed is delivered
<br /> and authorize the escrow agent to pay for such transfer tax out of the monies of vendor(s)
<br /> in Lis hands.
<br /> It is FURTHER AGREED THAT: purchaser(s) shall be given possession of such property (real)
<br /> on January 1, 1976, provided, however, payments of the total sum of $8,000.00 as herein
<br /> provided for have been made by the purchaser(s) . Purchaser(s) agree they have inspected
<br /> the improvements on the premises and accept the same in their present condition, further
<br /> agreeing they have not relied on any representations made by vendor(s) or their agents. .
<br /> The purchaser(s) FURTHER COVENANT AND AGREE: to pay annually all taxes and assessments that
<br /> may accrue, or be levied upon this contract at the interest of the vendor(a) therein a
<br /> they become due and before they become delinquent, including 1976 and 1977 real property
<br /> taxes; to keep the buildings, if any, on such real property insured against loss by fire
<br /> and extended coverage for the sum of $54,000.00 (where applicable), loss if any, payable
<br /> to the parties hereto as their interest may appear; that is the purchaser(s) shall fail
<br /> to pay such taxes and assessments, or procure such insurance (if necessary) and the sum
<br /> or sums so advanced, with interest, at Nine and One Fourth per cent (94%) per annum shall
<br /> be paid to vendor(s) and this contract shall secure and payment of same. The insurance
<br /> policies provided for herein or proof of such coverage shall be held by the escrow agent + •
<br /> and proof of timely payment of premiums shall be furnished escrow agent before cancellation.
<br /> Escrow agent shall notify vendor of failure of purchaser(s) to keep taxes and insurance q
<br /> premiums paid before delinquent. i ^
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