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85= 002127
<br />ASSIGNMENT OF AGREEMENT FOR SALE OF UAL ESTATE
<br />KNOW ALL MEN BY THESE PRESENTS: 7ba C we, GEORGE AUM, JR. and
<br />DOIDW J. ALLAN, husband and wife, in consideration of THREE HUNDRED FORTY-
<br />ONE THOUSAND FIVE HUNDRED DOLLARS ($341,500.00) paid to us by The Bank of
<br />Wood River, Wood River, Nebraska, do hereby sell, assign, transfer, and set
<br />over to said Bank of Wood River, Wood River, Nebraska, all our right, title
<br />and interest in and to that certain Land Contract for the following described
<br />real estate:
<br />The North Half of the Southwest Quarter (MSWk)
<br />and the Southwest Quarter of the Northwest Quarter
<br />(SWA,NWk) of Section Sixteen (16), Township Ten (10),
<br />North, Range Twelve (12), West of the 6th P.M., in
<br />Hall County, Nebraska,
<br />which Contract is dated May 1, 1976, made and executed by William Behrendt
<br />and Marie Behrendt, husband and wife, as "Sellers," and George Allan, Jr.
<br />and Dolores J. Allan, husband and wife, as tenants in ccxmk)n, as "Buyers,"
<br />a copy of which Contract is attached hereto and made a part hereof by
<br />reference.
<br />We hereby represent. that there is now remaining ma , unpaid on such Con-
<br />tract. the sun of I'hirty '11iousand Dollars ($30,W).06), ')](Is
<br />and that. there are no U11paid s►iv►s past due, either of interest or principal.
<br />The
<br />object and purpose of this Assignment is to SCCLire to the Bank of
<br />River, ;-k-K)d River, Nebraska, the paywr►t to it of the total sum of Ibree
<br />Hundred Forty-one Thousand Five Hundred Dollars ($341,500.00), according
<br />to the terns Of that certain Pr(missory Note dated
<br />/--
<br />in the principal anx)unt of Three Hundred Forty-one lbousand Five 1kindred
<br />Dollars ($341,5WAX)), with interest at, twelve and three-qUarters (1.2. 314)
<br />percent per annum, such Note being payable "Al
<br />The undersigned further agree that if the Bank of Wood River, Wood
<br />River, Nebraska, shall make payments C41 aid CotlLracL, either principal or
<br />interest, or taxes, that this Assigivitent shall 0Pc-1•,-1te as socuriLy for the g
<br />repayment to it of all sans so paid with interest, I r(xii t' e cktLe of paywr rat
<br />at the rate- of sixteen ('16) percent. 1.*,r anntmi.
<br />The undersigned further authorize the Escrow t\gent, when the t,er►s
<br />of the aforesaid (A'XiLrai,-t have been fully c-nq)jjed With
<br />t o de I fiver to they
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