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V. 85-- 00183E Notice A letter addressed to the dyer and sent by United States Certified mail, postage prepaid, shall be sufficient notice of the exercise of any option by the Seller. VI. Assignment No assignment of this contract shall be valid without the express written consent of the other party endorsed thereon. Hoewever, it is agreed that Seller may assign this contract to the Wood River Bank, Wood River, Nebraska, and that Buyer may assign this contract to Budd Brothers Farms, Inc. VII. Allocation The purchase price shat. e a. ocated as fol.lows: a) LAND: The sum of One Hundred and Fifty Thousand and no 100s dollars ($150,000.00) for the purchase of all land described above. b) GRAIN BIN: The sum of Fifteen Thousand and no /ears (15,000.00) for the purchase of the grain bin on said Real Estate. C) WELLS: The sum of Twenty Five Thousand and no /100s dollars (25,000.00) shall be allocated for the purchase of the wells on said Real Estate as follows: i. The sum of Fifteen 'Thousand and no /100s dollars ($15,000.00) for the purchase of the well Located within the tract of land described as The West Half of the Northeast Quarter (W�NE`,) of Section One (1), Town- ship Ten (10) NorCh, Range Twelve (1.2) West of the 6th P.M., Hall. County, Nebraska; ii. The sum of Ten Thousand and no /100s dollars ($10,000.00) for the two (2) remaining wells, apportioned equally, located on the above described Real Estate. d) IRRIGATION EQUIPMENT: The sum of Ten Thousand and no/100s dollars ($10,000.00) shall be allocated for the purchase of all of the above- described Irrigation Equipment. VIII. Deed in Escrow It is further agreed T)y an,etiaeen the parties hereto that said Seller has executed a Warranty Deed to said premises to said Buyer, and has deposited same in escrow 1,7ith Harry .1. Farnham, 4 V1