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� i i �.-: fr �( F � � � , ._ • . "Ib• O0��53h ' CONTRACT OF SALE THIS AGREEMENT made and entered into this llth day of June, r 1976, 6y and between E. T. Placzek and Claribel Placzek, each in ,i; his and her own right and as husband and wife, hereafter referred �,;, to as "Sellers", and Pilo A. Casarez and Nancy K. Casarez, husband , :, and wife, as joint tenants, not tenants in common, with right of z;; survivorship, hereafter referred to as "Buyers", 4+ WITNESSETH: }I l . The Sellers have this day sold and agreed to convey to Duyers and Buyers have agreed to purchase the following described �: real property, to-wit: All of Lot Two (2) Except the Easterly Six (6.0) Feet of the Northerly One Hundred Three (103.0) feet and the Easterly �: Thirty-Seven (37.0) Feet of the Southerly Twenty-Nine (29.0) Feet thereof in Block Ninety Two (92) in the Original Town, Now City of Grand Island, Nebraska. together with all improvements thereon, including all carpeting and all other permanently attached fixtures, for the sum of Fifteen Thousand Eight Hundred fifty Dollars (515,850.00) payable as fol- t'; lows: Two Thousand Dollars ($2,000.00) down this date, receipt of which is hereby acknowledged, and the balance of Thirteen Thousand Eight Hundred Fifty Dollars ($13,850.Q0) payable at the rate � `� of One Hundred Twenty-two Dollars Forty Cents (�122.40) per month, the first monthly payment to be made on the first day of July, 1976, and the sum of One Hundred Twenty-two Dollars Forty Cents (5122.40) on the first day of each month � : thereafter for a period of twenty (20) years. � ; 2. The un paid balance due hereunder shall draw interest � from the date of possession at the rate of 8.75ry per annum, and � said monthly payments to be first applied to interest and the bal- ance to principal , as set forth on the payment schedule attached � to the Contract and marked "Exhibit A" and hereby incorporated by reference. 3. In addition to the monthly payment of One Hundred Twenty- two Dollars forty Cents ($122.40) , the Buyers agree to pay to the � Sellers with each monthly payment one-twelfth (1/12th) of the real estate taxes, and one-twelfth (1/12th) of the insurance premium � referred to hereunder. � 4. The Buyers are given the option of paying all of the � unpaid balance due hereunder on any monthly payirient date, without � penalty for early payment. : 5. 6uyers shall be entitled to possession of the above described property on or before the 15th day of July, 1976. 6. The Sellers agree to pay the 1975 and all prior years real estate taxes and the 1976 real estate taxes to June 12th, 1976, on a prorated basis. The Quyers agree to pay the balance of the 1976 real estate taxes from June 12th, 1976, by paying to the Sellers, in addition to the monthly payment of One Hundred Twenty-two Dollars and Forty Cents ($122.40) , the sum of Fifteen Dollars Nineteen Cents (515.19) per month commencing July 1 , 1976. . •"�� y�;^� N �i L � � �. � � � _ J �