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<br />April 24, 2006 <br /> <br />200604249 <br /> <br />I Larry Wright have agreed to purchase the property at 1703 W. Louise, Grand Island, <br />NE for the asking price of$155,OOO.00. I am aware that this property has been appraised <br />at $143,700.00. The reason I am willing to pay the asking price is I feel this property is <br />worth more and the owners are willing to carry the 20 % loan on the appraised value, <br />AND the difference on asking price and appraised value. <br /> <br />CONTRACT FOR MORTGAGE <br /> <br />LOAN AMOUNT <br />INTEREST <br />LOAN DURATION <br /> <br />$11,300.00 <br />9.7% <br />30 YEARS <br /> <br />MONTHLY PAYMENTS <br /> <br />$96.67 <br /> <br />Payments beginning May 2006. <br /> <br />Payment are due on the 2 c"" day of each month. <br /> <br />No penalty to payoff early, or to make larger payments <br /> <br />I agree to a lien to be put on the property at 1703 W. Louise, Grand Island, NE 68803 <br />because of this loan. <br /> <br />This Loan is to John and Tammy Dearing, With Rights of Survivorship <br /> <br />~ 4/:L <br />.. c . .~ .....--.-/ vrz . ,_ <br />LarryW' t /' <br /> <br />~- 2 'Y-O (;. <br />Date <br /> <br />Jiel /Jt2 <br />Dated. day of , '( ,,' I <br /> <br />,2006 <br /> <br />, SAt1LL/b-ti~5~~ <br />'"1futary Public <br /> <br />My Commission Expires on <br />5""/1 I ~"'') I I) <br /> <br /> <br />GENERAL NOTARY. State of Nebraska <br />1m SHAUNA CHAIST5.NSEN <br />My Comm. Exp. sf, .:>.t.><.'W> <br /> <br />FRACTllNAL LOT 1, IN BLOCK 34, CHARLES WASMER'S ADDITION AND IT'S COMPLIMENT, <br />FRACTIONAL LOT 1, IN BLOCK 34, CHARLES WASMER'S SECOND ADDITION, CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />