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7 <br /> 76- 001466 <br /> AGREEMENT FOR SALE OF REAL ESTATE <br /> 41 THIS AGREEMENT made this 7 day of April , 1975, <br /> between W. HOWARD BONSALL AND HANNA BONSALL, each in his and <br /> i her own right and as spouse of the other, hereinafter re- <br /> ferred to as the "SELLERS" and THOMAS L. HERRICK AND JO ANN <br /> S. HERRICK, husband and wife, as joint tenants and not as <br /> tenants in common, hereinafter referred to as the "BUYERS"; <br /> ::,•J WITNESSETH: <br /> That the SELLERS hereby covenant and agree that if the <br /> BUYERS shall first make the payments and perform the covenants <br /> hereinafter mentioned on his, her or their parts to be made <br /> °_ and performed, the SELLERS agree to furnish BUYERS a good and <br /> sufficient abstract of title showing marketable title of <br /> record to the premises hereinafter described to the SELLERS <br /> and will convey and assure to the said Thomas L. Herrick and <br /> JoAnn S. Herrick, as joint tenants and not as tenants in common, <br /> or the survivor of them, in fee simple, clear of all encum- <br /> s, brances except for easements of record, by good and sufficient <br /> 3 warranty deed, the following piece and parcel of ground, to-wit: <br /> Lot Eight (8) in Farmington Subdivision, <br /> an addition to the City of Grand Island, <br /> Hall County, Nebraska, <br /> together with all appurtenances thereunto belonging and now <br /> thereon for which the BUYERS covenant and agree to pay the <br /> , total amount of FORTY-FIVE THOUSAND AND N0/100 DOLLARS <br /> ($45,000.00) to W. Howard Bonsall and Hanna Bonsall, or the <br /> survivor of them, in amounts as follows: - <br /> -i- <br /> 1. The sum of Eight Thousand And No/100 '-s <br /> Dollars ($8,000.00) in cash in hand <br /> paid this date the receipt whereof is <br /> ;- ,`, hereby acknowledged by the SELLERS. <br /> 2. The sum of Thirty-Seven Thousand And <br /> No/100 Dollars ($37,000.00), together <br /> with interest at the rate of Nine Per- <br /> cent (9 =.) per annum from April 7 , , <br /> 1975, on an amortization basis in 120 <br /> equal monthly installments of $468.71, <br /> the first of which shall be due and <br /> payable on May 7 , 1975, and a like <br /> amount of $468.71 shall be due and pay- <br /> able on the 7th day of each month <br /> thereafter until the total sum and in- <br /> terest have been paid in full. It is <br /> specifically understood that when an <br /> installment is paid, the interest <br /> shall be first computed on the remain- <br /> ing principal amount due the SELLERSa R,`,` <br /> -1- <br />. I <br />