|
_ I
<br /> . �:�
<br /> 1 _�
<br /> '��p .��.��i�s
<br /> ASSIGNMENT OF CONTRACT
<br /> � KNOW ALL MSN ISY THESE PRESENTS: That we, Oscar G. rlueller and Grace E. (
<br /> .y
<br /> hiueller:, husband and wife, for and in conaideration of the sum of ONE'AUNDREll
<br /> �
<br /> 23INE;THOUSAND SIX HUNDRED'SEOENTY-FIVE AND NO/lU0 DOLLARS ($109;675.00), to us
<br /> s
<br /> ,� in hand paid by Tlte P3rst National Bank of Grand Island, Grand Island, Nebraska,
<br /> do hereby sell, assign, transfer and set over to such The First National Bank of
<br /> �
<br /> i - Grand'Island, Grand Island, Nebraska, all right, title and interest in and to
<br /> '�j that:certain.land contraet_dated Noveaber 18, 1963, and made and executed by
<br /> George Stanek and Viola Stanek, husband and wife, as First Partiea, and John
<br /> „� �
<br /> C1er and Esther Cler, as Second Parties, copy of which contract is attnched
<br /> �_'
<br /> hereto and hereby made a part hereof, and that certain land contract dated
<br /> ! June 29, 1967, copy of iahich contract is attached hereto and hereby made a part
<br /> ; 4 hereof, made and executed by John Cler and Esther Cler as First Parties and
<br /> Oscar G. 2iueller and Grace E. TSueller, as Second Parties, whereby John Cler and
<br /> :� Esther Cler sold, assigned and transferred all of their right, title and interest
<br /> ��
<br /> in and to the above desctibed contract dated November 18, 1963, to such Oscar G.
<br /> : Mueller and Grace E. Piueller.
<br /> '` We hereby represent that there is.now remaining unpaid on such contracts the
<br /> sum of Seventy-Phree Thousand and no/100 Doliars ($73,000.00) and that there are
<br /> no unpaid sums past due either of,interest or principal. The object and the purpose
<br /> of this assignment is to secure to The First National Bank of Grand.Island, Grand
<br /> �
<br /> •''�t.
<br /> Island, Nebraska, the payment to it of the sum of ONE HUNDRED NINE THCUSAND SIX '�
<br /> + ��t
<br /> HUNDRED SEVENTY-FIVE AND NO/100 DOLLARS ($109,675.00), according to the terms of
<br /> one certain promissory note dated �iarch 29, 1976, in the principal amount of
<br /> ONE HUNDRED NINE TfiOUSAND SIX Hl1NDRL'D SEVENTY-FI�TE AND NO/100 DOLLARS ($109,615.00),
<br /> with interest at 9% per annum, such note being payable on the 7th dav of April, 1977.
<br /> The undersigned further agree that if The First National Bank of Grand Island,
<br /> Grand Island, Nebraska, shall make payments on said contract, either of principal,
<br /> interest or. taxes, that this assignment sha11 operate as security for the repayment
<br /> to it of ail sums so paid crith interest from the date of payment at the rate of 9%
<br /> ' per annum.
<br /> ; The undersigned further authorize the escrow agent, when the terms of the
<br /> aforesaid contract have been fully complied with, to deliver to The First National ' � ��•,
<br /> W 4 w.
<br /> Bank of Grand Island, Grand Island, Nebraska, any and all deeds presently held by , ,�
<br /> the escrow agent and further the undersigned agree to make, execute and deliver to ��'
<br /> The PirsC National Bank of Grand Island a deed conveying such land to it.
<br />�`:
<br />`� '��� � �
<br />-�
<br />'`�
<br />
|