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<br /> AGREEMEPJ T
<br /> /l C�
<br /> r THTS AGRL'Eb�N'P� made and entered into this i� day oS October,
<br /> 1975, ry and bet4reen Dertha lJielsen, Party of the rirst Part m�d Jerry L.
<br /> Ewing and Kathryn S. �;wing� Husband and 4tife, and t4nx��orie Smith, a
<br /> married woman, Pnrties of the Second Part.
<br /> That said Party of the First Part has this day sold and by these
<br /> presents agrees t,o sell und convey to the Second Parties� the follo�ring pre—
<br /> n ; mises� to-wit:
<br /> Lot Ten (10�, Blocic Fifteen (1>), Rollins' Addition to the
<br /> City of Grand Island, HaLl. County, IFebraska. l�l.so Knoom as
<br /> 901E 47est Fourth SLreet� Grand Island, Hall County, Tlebrsska.
<br /> together vrith all appurtenances thereto Uelonging, for �}�hich tlie parties of
<br /> the Second Pax•t hereby agree to pay the sum of Twenty—Three `i'housand Doll�x•s
<br /> s (�23,�0.00), payable as folloYrs:
<br /> � ; The sum of •"a20,700.00 rrill be paid ,�ith interest of Ten (1�)
<br /> percent per annum from the possession date af r,: ,:.,,,-�-� ts., ?975, p�vable
<br /> as Follo+ts:
<br /> $1BS.11 on or before the lst of December� 1975, and �u18E.11 on or before the
<br /> � lst day of each month thereafter until sai.d sum of princigal and interest at
<br /> ten percent (l�) sha11 have been paid in full, from each payment erlien made
<br /> � there shall be deducted the interest on the balance or the principal sum un;s3id
<br /> z tind the balance remaining shall be credi{:ed iipcn the principal. In addition
<br /> to the Second Parties agrees to pay an additional sum of ljl?.th of the yearly
<br /> taxes and insurance each rnonth in �i escro��r account. Should the 1�12th tax
<br /> and insurance payment not be sufficient to take care of the real estate taxes
<br /> �: or insurance payment, the Second Parti.es shall pay the dif£erence oa demand�
<br /> j in event said sum shall be in excess of sai.d real estate taxes, or• insurar.ce
<br /> payments, the b.lance sha7.1 be credited on the principal. The escroi-r egent,
<br /> provided said payments are made assumes the responsibility of payin� the
<br /> i:axes before they become delinquent, and insurance before i+ lapses.
<br /> = ihe Pirst Party a�rees to pay a11 tne �-axes and �y ether aesess�aeats
<br /> �,�,ainst said x•e•�1 estate up to a7_d includino the 1974 t��es and a11 prior years�
<br /> u7d the 1?7� �_�:es to date oF passession, ;he �econd F:�rti.es �•h-il1 p�y �1=
<br /> t�es snd any :_ssessments the'r.��aftr;_•. 1`, i� -�g�•eed tha{; ihe Second Farties
<br /> have the right to psy ol'f any p;�*•t oi this loan at v:y iime or ;11 oS it at
<br /> any time t�rithout penalt;;�. Ho�rever� any part payments slio.�ld bn ir, multiples
<br /> equal to the next succee3ir.� pi•incip-� rortions on the anortization table.
<br /> Hovre�er ar�y assessments that may be assessed againsL ;he property £rom this
<br /> date forxard is ihe Second Yarties oUligation.
<br /> : The Second Parties agree to keep the property insured foz• fire� wind—
<br /> storm and �tended Covera�e o-rith a loss payable clause in iavoa• of the respec'cive
<br /> t parties as their interest m�,y appear� ior the s�un oi �23�U00.00 and a't all times
<br /> to carry sufficient covera�e to cover the balance oi}7r.�;.
<br /> The follorrin� non real estate items are to sta,}• �.�.�ith the praperty:
<br /> all attached fixttu�es� and everything in ;and on the property as it stands toda;/,
<br /> It is agreed i,hat a tern�ite inspection sha11 'oe made on this property
<br /> and iT live termites are Sound in the house or dorelling they sha11 be treated
<br /> at the sellers expense� {:he cosi: oS the inspection snwl however be made at the
<br /> b�}rers expense.
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<br /> 9 copy of this cantract, together c-rith ;;farranty Deed to said premi�es
<br /> �rith �eneral covenents of warranty, original insurance policy and aUstract of
<br /> title sha71 be deposited vrith the Winkler Realty Co, of Grand Island, IJebraska,
<br /> as escroir agent, vrith instructions to deliver said deed, insurance policy and
<br /> abstract of title to the,.r,:..:,;u Party. ihe ?tevenue Stamps upon the said Deed ` IN'-�
<br /> shall be deducted fror� the sellers' receipts at the end oi the transaction. � �,
<br /> LThe First Party agrees that she wi].1 brin� the abstract of title to �'
<br /> date on or before the 1st of December and wi11 deliver tlie Abstract oi Titie �
<br /> v�
<br /> 4: to said Second Parties showing a marketeble le�al. title to be vested in sei.d �
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