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Page 2 of 3 pages 87- 105026 <br />taxes that may be levied or imposed upon such property subsequent to <br />the year 1987, and to pay all installments of special assessments or <br />special taxes or liens becoming due or delinquent after this date. <br />The Buyers shall be notified of the amount of taxes due and payable for <br />such year and the same shall be paid by the Buyers as they are due. <br />(3) DMD IN ESCROWS It is agreed that the Sellers will execute a <br />Warranty Deed on the above described property and that the Buyers will <br />receive to hold.and keep, a copy of the Warranty Deed: the original to <br />be held for the term of the contract in a safety deposit box at <br />Overland National Bank of Grand Island, NE, in escrow, to be delivered <br />upon full compliance of this agreement. In the event of default by <br />the Buyers in any of the obligations binding them hereunder, after <br />Buyers have had thirty (30) days notice of such default and have failed <br />to remedy the same at the request of the Sellers, the Sellers may pursue <br />appropriate legal or equitable remedies. <br />(4) ASSIGNING OF AGREEMENT: It is further agreed by and between the <br />parties that this Conditional Sales Contract shall not be assigned <br />to any other person without the written consent of the Sellers which <br />shall not be unreasonably withheld. <br />(5) Insurances Buyers agree to procure and maintain in force during <br />the period of this agreement, and any extension thereof, at their <br />expense, standard fire and extended coverage insurance on the premises <br />in the amount equal to the insurable value thereof. Any policy of <br />insurance required hereunder shall contain a loss payable clause and <br />the parties' interest shall appear hereunder as "first loss payee ". <br />(6) It is understood and agreed by and between the parties hereto that <br />the Buyers have inspected the premises and the fixtures intended to <br />be conveyed by this doaument and takb the same on an "as is" basis with <br />no warranties of fitness express or implied by the Sellers. <br />0) The Buyers agree that in the event that they desire to make any <br />major structural changes in the said home, that they must first obtain <br />written approval of the Sellers, which approval will not be <br />unreasonably withheld. <br />(8) PREPAYMENT OPTION: The parties do hereby mutually agree that <br />this contract may be prepaid at any time prior to the termination date <br />of said contract and that the Buyers will not incur any prepayment <br />penalty whatsoever. <br />C-91 BUYER DEFAULT: Time is of the essence of this contract. Buyers <br />further agree that if he shall fail to pay any taxes or assessments <br />levied or assessed againtt the real estate, or fails to pay the premium <br />of insurance, Sellers may pay said taxes, assessments or premiums, and <br />the amount so paid shall become due and payable forthwith by Buyer to <br />Seller without notice or demand, and shall become a part of the principal <br />balance due under this contract. If Buyer fails to pay any amount due <br />under the terms of this contract, or if Buyer fails to perform any of <br />the other terms, covenants or agreements of this contract, or if Buyer <br />shall abandon the real estate, the whole of the indebtedness due under <br />this contract, together with any advances made by Sellers as herein <br />provided, shall become and be immediately due and payable at the option <br />P' <br />of Sellers without notice or demand, the same being expressly waived, <br />d Sellers may proceedto foreclosure of this contract in the manner <br />provided by law. In addition to all other remedies provided to Sellers <br />