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<br /> Optl�oa Agreement, exeauted on March 8th , 1994, by attd � _
<br /> ` betwaen diLi, L.L.C., a Nebraska Y, � L ty Company, �o - - -
<br /> OpCionee o= 8uyer, and ���v L. KOWALSKi and ALVSfV D. KOWALSKI ,JR.
<br /> w ' w�hoae addreas is Rurai Route , arat►d Ie an ,
<br /> �_,�.�•�. , Nebreeka, ae Opt onor or Selier:
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<br /> �;._,:�,:,;�:`:� ��,:. 1. Conaideration. In aoneideration of �he following caeh
<br /> � :�?�';'�.:��kr� paymeats, made and to be made, to 8eiler by Buyer: �- - -
<br /> `'`r� '�����` �� •� Fifteen hundred dollars ($1,800.00j na April l, 1994f
<br /> Y-.J.��.,:..�..A:.. . ' .�1
<br /> � � . Five hundred dollars ($500.00) on May 1, 199�f Five hundred
<br /> �'°�� �"t� �" � � dollars ($500.00) on June i, 1994f Five hundred dollars __
<br /> '� � �, ., • ..,` ($500.OOy on July 1, 1994 j Five hundrad doilars ($500.00) on =_--_
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<br /> � '• - �- Auguet 1, 1994. _--°---
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<br /> " 2. Option. Seller grants and qives to Buyero from exeautioa �;._��""�
<br /> ° hereof through September, 1994, the right and optioa to purchase all ����-=-
<br /> � ' . � of that certata tract of land known as part of the SE Quarter of ' '`�"'�r--- —
<br /> r;ra�.n
<br /> Section 15, ilN, Range 9W of the 6th P.M., arand Island, Hall County, ,,�t���;;_
<br /> �- Nebraska ( "the Property°). Notwithstandiag any provision in this :.���..
<br /> � '., " agreement to the aontrary, B�ayer's exercise of thie option shall =
<br /> relieve it from making any above required paymenta to Optionor at any ` ���''•'
<br /> " " date or dates after exercise of option. . ;.'•�'•;,
<br /> � � 3. Notice of Exercise. To exercise this opti.on, Buyer must, on �
<br /> '---
<br /> �-- � deliver written notice to S�31e� fixing � ,,'
<br /> . or befare September 30, 1994, ��
<br /> a date on or before December 31, 1994 for the closinq of title to the � _ �3
<br /> � property. if th3.s option is exercised, Sel].er shall sell and Buyer �• ::
<br /> ehall buy the Property pursuant to the terms and provisions herein. • �
<br /> - � � � 4. Terms and Provisionr� . fihe te�ms and pravi�3ons cf the sale - __:_-1-`
<br /> are as follows: � ��' 1
<br /> � The purchase price shall be $55,000.00. Closinq ehall take ly�^�
<br /> ,. . � place on or before December 31, 1994. 3eller agrees to gurnish � � ,
<br /> ° good and raarketable title in fee simple, free of all encumbrances � `
<br /> " and defects and to make conveyance by warranty deed. The entire • � ;, �
<br /> urchase rice shall be aid at the closin , provided, however, �!��'"`
<br /> each option payment shall apply to the purchase price. The title �`��� .
<br /> upon the transfAr. shAll be insured in the amount of the purchase � �
<br /> price and the cost of such insurance shA21 be split by the seller ' � ° �
<br /> �. , and buyer, equally. Taxes wlil be prorated to date of closing. � ' :',_ _ ., °
<br /> Sellers will pay all real estate commiseions due or obligated by i ;�f,,�
<br /> ' virt•ue of th3s agreement. Closing ahall ba by escrow closing or
<br /> title insurance company and the cost of such alosing shall be
<br /> aplit equally hy the Buyer and Seller. Rents will be prorated to ( �
<br /> the date of closi.nq. I
<br /> � � ,
<br /> The Seller shall warrant: i) that Seller does not know of !
<br /> any environmental contamination or hazardous or toxic waste ox i
<br /> deposits ino on or about the propertyj ii) that ;
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