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<br /> �''s��L''��--- 71(3REEMENT FOR PURCHASE OF REAL ESTATE
<br /> - �
<br /> ���l�� KNOW ALL MEN BY TNESE PRESENTSj ���
<br /> . 5 � The unGersigned Seller hereby sells to the undersigned Huye=, the �`
<br /> -�^�,°;:�..��-__
<br /> a:�k �.�^..112.... -
<br /> -�,� `� �: o following described real estate for the pr�ce and upon the erms —
<br /> -_�':��� •"no'' and con�itions herein set forth, and the undersigned Suyer hereby
<br /> - Y1;��.i1-�: ,' ' accepts said terms and conditians, agrees to pay the purchase !;_v
<br /> __ �, price, and covenants to perform the obligations of the Buysz
<br />-- :���....,,V- ^ hereunder. --
<br /> ,,, ,�y�- ^ ,�
<br /> -�;_.;� t[� • ° , 1. The 3eller is: THE CITY OF ORAND I3LAND, NEBRABKJ►, !1 "
<br /> -r::,. .:�: , .,r Municipal Corporation.
<br /> •..�
<br /> .•,�t,: ..
<br /> � �� . " � ' 2. The Buyer is (whether one or more) : �E`
<br /> .'�," ''� ' v�.. .. M11RK A. 3LATER I�ND TRACI J. SLATER, husband and wife
<br /> .%.,
<br /> � ~�� 3. The legal description o� the real estate premises iss
<br /> m:.
<br /> ' � , ��;;.�, the easterly 1/2 of Lot 6, in Block 129, Un ion Pacif ic -
<br /> � " �� � Railway Company's Second Addition to the City of Grand
<br /> � • ��-�� " Island, Hall County, Nehraska, a .k.a. 312 East 7th 3treet. -
<br /> .. , � ----
<br /> '� � � � � 9. The purchase prfce is One Dollar ($1.00), payable at Closinq. -�
<br />... ... .•�.. .- .
<br /> . '� � � ' 5. The completion of this Contract shail be continqent upon the
<br /> � ;;,�;< . following:
<br /> •�
<br /> .- A. Buyer provicling firm estimates to cover the cost of the _
<br /> ; -• .� ' reyuiLed improvements.
<br />��� � '��""`'�" ' 8. Tt�e sale of the premises being approved by the Communfty �!�
<br /> �. '•�?� Development Agency Advisory Committce and the City � -_-
<br /> " "'� Council of the City of c3rand island, Nebraska.
<br /> �• .
<br /> ���
<br /> . � � .° ' '� 6. Buyer covenants to perform the following obligations: �-'♦
<br /> . �
<br /> � ., A. To begin remodeling constructinn �n the premises within
<br /> • �� • 30 days after Closing, such construction to be performed E
<br /> • • �,, „ pursuant to specifications shown on Exhibit "A",
<br /> a� • incorporated herein by reference. `
<br /> � , • � B. To complete remodelinq construction on the premises _:
<br />`. • • � Within 18 months after Closing. �
<br /> C. To ovn and live in thc E�c�ml�es for three years after �
<br /> ,t, __
<br /> closin�7. ��' �
<br /> • � n. T� pprmit rommunitv Development AaPncy employees to �
<br /> monitor the Gonstr.uctton work on the premisps duzing �
<br /> rehabilitation. �
<br /> � R. To plant and maintain � nPat appearing grass yard and to
<br /> ' avnid the storage of garbage, ttiash or refuse on 83�C3
<br /> yard. _,_, .,�a
<br /> . - —"'�— " F. To pay all reai o�L,.ii�_ i�x�s ���u �pe�.�e, ����a���...._ �
<br /> �• before the same become delinquent.
<br /> G. To pay thP fee for reco=ding the Buyez 's Deed.
<br /> " ; H. To pay all mortgage and insurance payments before the
<br /> same become delinquent.
<br /> •• 7. Huyer shall be Pntitled to r��usesaion of the premi5es upan
<br /> • Glosinq of thi� tran:��ction. The f'losfnq �hall hP �n nr
<br /> �
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