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t -c 771 rn rn n z z mn vl 0 .. nn = D rn to —c WTI CE -6 CONTRACT FOR SALE OF REAL ESTATE c THIS AGREEMENT, made and entered into this /9 day of March, 2014, by and between EUGENE W. JEFFRES, a single person, hereinafter referred to as "Seller", and ,/ ALVARO A. VILLATORO, and LILLIANA M. VILLATORO, husband and wife, hereinafter referred to as "Buyer" whether one or more. WITNESSETH: That the Seller hereby covenants and agrees that if the Buyer shall first make the payments and perform the covenants, hereinafter mentioned, on his part to be made and performed, the Seller will convey to the said Buyer, in fee simple, clear of all encumbrances except for easements of record, a good and sufficient Warranty Deed, the following piece and parcel of ground, to wit, real estate particularly known Lot Six (6), Block Ten (10), Schimmer 's Addition to the City of Grand Island, Hall County, Nebraska. Buyer covenants and agrees to pay the amount of FIFTY FIVE THOUSAND DOLLARS ($55,000.00) for said premises to the Seller. The purchase price shall be paid in amounts as follows: (a) THREE THOUSAND DOLLARS ($3,00.00) as a down payment. (b) The remaining balance of FIFTY TWO THOUSAND DOLLARS ($52,000) to be paid in monthly installments of $403.16 at a rate of seven percent (7.00%) interest per annum. The first payment is due APRIL 15TH, 2014 with final payment to be made on or before MARCH 15, 2034. All payments are payable to the Seller at his address of 280 Highway 281, St. Libory, Nebraska, 68872; or at such place as the seller may designate in writing. Late payments received on or after the 25th day of each month shall bear a late charge of $10.00 per day until payment is made. It is further agreed by and between the parties hereto as follows: (2) REAL ESTATE TAXES: Seller shall pay all 2013 taxes, payable in 2014, and 2014 taxes, payable in 2015 prorated to date of possession. Taxes from date of possession shall be escrowed in the amount of $87.07 per month. The Buyer shall be notified of the amount of taxes due and payable for each year, and the same shall be paid by the "Buyer".