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<br /> 1 234—A�eeman! far Warranty Deed rno iiuu,nao Oenezal SuPPIY 1lonna, cn�coid,Ncor �
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<br /> '� �THI5 AGREENfENT, nmde this lst JnY of October ,J9']6 ,betzueen i
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<br /> �', � Paul M. Focken and Margaret R. Focken hcreiriafter reJerred to �
<br /> � 'as tGe seller(s)and Dennis M. Senff and Joyce L. Senff !
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<br /> � I kereirmfter re(crred to as the buyer(s)
<br /> �, � If�ITA�ESSF.'lH, tlmt the seller(s) hareLy rovenant(s) ni�d agrcc(s) tGnt i/fhc bi�per(s) shall jrst �nake the pa� � ,
<br /> ' �tuent(s) mtd ber/o»n tfie covenaats hercirmjter�ne��tioned mi his,licr a•11:eir pnrt to be �rtnde and Qerfornred,Uie sa�d �
<br /> � �seller(s)ayree(s) to(ianisle 6uyer(s) a r�ood m�d sufjicient absh�nct oj title sfm�Lnag a u�erchaodnb(e fil(e of rccord to �
<br /> 5 ! I Uie premises l�er•�innfter described is the sr(Ier(s),aud;uifl convey and assure to lhe bi�yer(sJ,in fee si�nple,clear oj all ' '
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<br /> i ennpubra�ires e.rcept ns stated herei��, by �ood and suB'icicrtit ll�arrmuy Deed, the/olloscdng Int, piece nnd pm•cel o/ i
<br /> �grmnfd,1a xvit; as per attached exhibit A. together witb a por.petual easement as
<br /> ; �er exhibit H for ing'ress and ogress from the highway that exists along i
<br /> i the West side of the NW9 of said Section 1t tu the premises herein i ,
<br /> ; described in exhibit A. � ;
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<br /> � Equitable Building and Loan Associations, Grand Island, Nebraska, will act as Escrow � ;j
<br /> I Agents holding the Deed, Abstract and a copy of the Agreement. Equitable will not he '
<br /> ! '; ! responsible for collection of the monthly payments and will release the Deeds and �
<br /> -'- ! Abstract upon written notice that contract has been completed. i ,
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<br /> ' A�id thc said buycr(s) rovcnnat(s) nnd ngrcc(s) to pay to raid seller(s), the.non af $52,000.00 � '
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<br /> � , ' ( Fifty-Two Thousand and 00/100-------------------------_�____�________��OLLARS, � ,'
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<br /> i in the mar�r�er fo!lomi�i�:Eleven Thousand ($11,000) I :
<br /> � Dallars, rash ioi lim�d paid, the reteipt quhereof is hereby acknozu(eJged,a�id the Galance payable: � '
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<br /> .' Three Thousand dollars ($3,000.00) is to be paid November 1, 1976. '
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<br /> ; That the buyers agree to deposit into a special account at Equitable and Loan Association;;
<br /> Grand Island, Nebraska, Three Hundred Fifty Dollars ($350.00) the first day of each
<br /> � month beginning with November 1, 1976 for sixty (60) months caith the balance due
<br /> ! November 1, 1981. The $350 is principal and interest. � '
<br /> 't The bu er a rees to
<br /> ' Y g pay all ta�ces that become due after October 1, 1976, and keep ;
<br /> t � insurance on the property as belows mentioned and pay for same. �
<br /> Buyer reserve the right to prepay all or any additional amount at any payment time, � ;
<br /> � except the first two years, not more than 20Y of the principal will be off in any
<br /> � one year.
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<br /> .vith inferest at the rnte o( g pes ce�u/�er anninn, payable monthly ai the wlwlo sunt rzmmn i ,
<br /> , ing from tirue to fivse�a�paid,ariJ to pay al!general taxcs, tl�at ncny Lc IcgaJly levird or imposcd nhon saiJ land,ss�6 '
<br /> ` sequerit to fhe ycar 10-1-76 and al!installmenfs af s¢ecial asscssntents or sperial tuxes becoming d��e or dclinyucrtt �
<br /> ;, i a(tcr 10-1-76 and kceQ U�e bvildings in a reasona6le statc a/repair and insared !
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<br /> + ; (o�$ 50,000.00 • !f tltcrc is a tnorlgagc on said¢roperh�,pny iritcrest a��d ta.res thcreori up to Pay in full '
<br /> * . !t is tmitually agreed t/�at tintr is an essrntia! e(emrrd {n this contract. AnJ i! is furtGcr I _
<br /> � agreed tl�at tn case o(any payment, eid�er oJ Qrincipa! or interest, rru�aining �rn�aid for a t�ace o� 60 days i
<br /> 'r+ � aJter tke savic slial! Gecome duc, and in rase o( failnre oj the said lnryer(s) to �nake any o( the uforesaid Qa}'�scnts ;
<br /> i ¢rovided far l�erein or the breach of any ofher rovenant co»fained herein,this contract slrnJ!at tlte opfion o/the srfler(s), j '
<br /> � � be forfcitcd and defennineJ nrtJ the buycr(s) sha!! (or(cit afl Qaymcnts �nadc hercunJcr, and stich �aymenfs shall be ;
<br /> ✓ ' • retained Ly f/ic sellcr(s) as liquidated dai��ayes in frdl sutis(action of aff thc dmnagcs sustnincd,and scllcr(s) shnl!hnve {
<br /> ! !hc right to re-cnter aad take posscssion of sard pr�»�tscs aforesord.
<br /> � That this qg�eement shall rrot be arsigneJ Ly L�ayer(s) udtl�a�t dze.eritten conse�rt o( the sc!!zr(sf. j '
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<br /> I � It ts nnrftmfly ngrced Hmt nl! tkc rovcnants and ag�cements hcrein coufained shnU estnrd to and be oGligatory '"�� 1 : '
<br /> i ; siQon !lic heirs, exendors, ndneinislrafort msd assigns of tlte�Cshective rartres. `�y .,;
<br />_ ` '; � IN IVITNESS lVHEREOF, the parlics of thcse pr�sc»ts havc hcrrt�nto set thrir honds and scqls t/re day avid}�ca� i �
<br /> L i �irst aGove writtcrs. . J � .
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<br /> ' � Signed,scalcd nnd dclivcred in the �esence o � ; �..
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