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i <br /> T.n � 1 <br /> • 1 <br />(tV % <br /> e.'•/1 <br /> Y ' � � <br />� <br />� <br /> � 76- U U 2 3 '71 . <br /> The sum of On� Tllousand One Hundred Eighty- three and I <br /> 33 /100 - - - Dollars ( $ 1 , 183 . 33 ) on the lst day of <br /> September , 1987 . <br /> The sum of One Thousand One Iiundred Eighty- three and <br /> 38/100 - - - Dollars ( $ 1 , 183 . 38 ) on the lst day o £ <br /> September , 1988 . <br /> The installment payments as set forth in this <br /> Subparagraph { b ) above shall include , in addition <br /> to principal , interest at `_ the rate of 7'Z% per annum <br /> 0 <br /> on the unpaa.d balance of principal to the date the <br /> � �� , installment payment is due , it being understood that r <br /> n,� the rate of interest shall be 71p� on the whole sum <br /> �f�� remaining from time to time unpaid . It is further <br /> � � Cj/f� agreed and understood that the said interest wi11 commence <br /> / �= <br /> L � and be charged on the balance of Seventeen Thousand <br /> � , �/ Seven Hundred Fifty and No/100 - - - Dollars ( $ 17 , 750 . 00 ) <br /> from the lst day of September , i97 � � provided however , <br /> that the initial payment of Six Thousand Two Hundred <br /> �; Fifty and No/lOQ - - - ( $ 6 , 250 . 00 ) is paid on or before <br /> the lst day of September , 197i� 3 <br /> ( c ) The Buyer shall have the right to pay the Seller in <br /> addition to the annual payments hereinbeforQ more <br /> � " specifically set forth , a sum equal to not more than . <br /> � 25% of the sale price on any principal payment date , <br /> it being understood that interest will then be charged <br /> only on the unpaid principaZ then due and owing . <br /> ( d ) Should Buyer fail to pay any of the installments due <br /> under Suk�aaragraph (b ) above , at the maturity of such <br /> installrnent due , then the unpaid principal balance shall <br /> bear interest at the maximum legal rate during the <br /> period of delinquency . <br /> ( e ) The installment payments due under Subparagraph ( b ) <br /> " above , shall be made to the Bank of Wood River , �r7ood <br /> € : <br /> � �; River , Nebraska , whicn Bank is hereinafter designated <br /> � ` as the Escrow Agent . <br /> r: , <br /> II . <br /> " TAXES , ASSESSMENTS AND INSURANCE <br /> 1 . Taxes . Se11er agrees to pay general taxes on the Real <br /> Estate for the year 1972 and 8/12ths of the i973 lteal � state Taxes <br /> based cn the 1972 levy . Buyer agrees to pay 4 /12ths of the general <br /> taxes due and payable for the year 1973 and a11 taxes due and payable <br /> thereafter . <br /> 2 . Assessments . Buyer agrees to pay all assessments and <br /> special taxes otnch may be levied against the Real Estate by any <br /> governmental body from and after September 1 , 1973 . <br /> . I <br /> 3 . Insurance . Buyer agrees to keep the buildings in a N� � <br /> reasonable state of repair and the dwellinq house insured for $ 15 , 000 . 00 . � , , <br /> � � ,�� : <br /> r.: . <br />� <br />�:� <br /> =:� ` � <br /> =: � <br /> .� <br /> � <br /> f <br /> - i <br /> : <br />