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MTSTON CO. REALTORS F GRAND ISLAND, NESS. a •� f 5 Ament —Sale of Real Estate 85-_ o02 761 THIS IN.DENWRE, Made this Is t day of November A. D., 1978 , between a ' Co Huston &Barbara 1. Huston, Husband and wife par4eS of the first part, f s and Mind C. Huston party of the second part WrMESSSFTH, That party of the first part agrees to sell to the party of the second part and party of the second part agrees to buy the following described property, to -wit: i 3 e The Northerly Seventy -T-wa .feel (72 t) of Lot 'eve �` , i Fifteen 1 (5) in Brock ( , s Wismar s ,Addition to the City of Grand Island, Hall County, Nebraska. together with all appurtenances thereto belonging and now thereon, for which the party of the second Pay the ssun of Twenty Thousand and 00/100 .. — .... — _ — _ — b part agrees to .. Dollars, $ 20,000.00 payable as follows: Cash in hand Seven Hundred Twenty —Three and 25/100 - Dollars, $?23. �5 receipt whereof is hereby acknowledged. Balance of $19,276,75 shall be paid as follows! Party of the second Part shall PaY $170.00 on the 1st day of November 1978, and Mall pay a like amount on the 1st day of each month thereafter until the principal sum has b paid in full. From each month � plus interest, Per a based on the unpaid principal sum shall be paid interest the rate of b� payment all then be applied against the unpaid a remainder of each shall have the Option of u principal sum- Party of the Second Part p Paying additional sums at any time stopping the interest on the unt so paid. Parties of the .First Fart shall pay the yearly real estate taxes and the hazard a ce Premium as they become due and those sums shall be added to the unpaid Principal amount. PartY of the Second Part agrees to pay the unpaid principal amount due in full whey a first mortgagee loan at market interest becomes available to her in such an mounts' she,: IlerebY agrees to make application for such a loan at the earliest time that such a loan: can be secured. She further agrees to pay, all costs to secure such a loans Parties of the First Part shall execute a warranty deed no later than December 1, 1918 d to deliver the teed into escrow with HUSTON CO. of Grand Island F o d be delivered to Party of the Second fart at such time that thew paid a- Sari e er tnis agreement has been paid in full. as stated herein. unpaid balance The Party of the first part is to furnish to the party of the second part, or assigns, a warranty deed and a mer- chantable abstract of title, showing a good title of record to the premises herein described, abstract to be furnished extended to date on or before upon full satisfaction of this contract , pay all taxes and assessments against said real estate up to November 1, 1978 and give ion November 1, 1978, subject to the ri of the tenants therein. Dart 1 of the first part agree to keep the insurance now on property in force until the deed is exe=cuted and live to a gn said insurance. to be pro —rated a, of November 1, 1978 It is mutually agreed that time is an essential element in this contract yawl it it further agreed that in caw either of the Parties hereto s; fail to perform the stipulations of this contract, or tiny part of the same, the failing party ahwj PAY to the other party of this contract the stun of to be agreed upon l:k,ltai's, $ m for a�zrntftltilktten.t of contract. IN TF-�S` Ill ONY WHl -alt 1k (' " F, , the patties aforesaid have sulestribed their narnes ihr date: txxt menticx ei.