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'- 200600218 CONTRACT FOR SALE OF REAL ESTATE This contract is made on December 28,2005, between Doris L. Winkler, Trustee, hereinafter called "Seller" and Ronald E. Senkbile and Rebecca L. Senkbile, husband and wife, hereinafter called "Buyers". 1. Seller agrees to sell to Buyers, and Buyers agree to purchase from Seller, the following described real estate and personal property situated at: The Southerly Eighty-eight feet (S 88') of Fractional Lots Six (6), Block Twenty (20), Baker's Addition and its compliment; Lot Six (6), Block Thirteen (13), Ashton Place; both being Additions to the City of Grand Island, Hall County, Nebraska 2. The Purchase Price is Ninety Thousand and no/l00's-Dollars ($90,000.00), payable as follows: Ninety thousand and nolI OO's Dollars ($90,000.00) plus interest at the rate of six percent (6%) per annum, payable at the rate of Five hundred, Thirty nine and 60/1 OO's Dollars ($539.60) per month commencing February 1 st, 2006, and continuing on the 1 st of each month thereafter until January 1 s\ 2011, when the balance will be paid in full, all in accordance with the hereto attached amortization schedule. Monthly payments will be due and payable by the 15th of each month. Any payments that are in default for over forty-five (45) days shall draw interest at the rate of twelve percent (12%). If any payment is in default for sixty (60) days or more, the entire balance due shall become due and payable at once. This transaction shall be closed on December 30th, 2005 and Buyers shall enter into possession of said property at that time. 1. Real Estate taxes for the year 2005 shall be paid by the Seller. The Buyer will be responsible for the payment of 2006 and all future real estate taxes. 2. Sellers shall execute a Warranty Deed to the real estate. Said Warranty Deed shall be held in escrow by Grand Island Abstract and Title, to be delivered to the Buyers upon full payment of this contract and full compliance with all terms of this contract. All payments shall be made directly to the Seller.