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83- 002814 Said monthly payments shall be made with a Twenty-five (25) year payment schedule, with the first payment due on April 1, 1982, and the remaining balance due on or before February 1, 2007. (d) All payments are payable tothe Seller at her address of Rural Route 1 Box 241 A, Grand Island, NE 68801, or such other place as the Seller may designate in writing, Time is of the essence of this agreement and if any pay;'" ments of principal or interest are not paid when and where due and payable, Seller, may, at her option, elect to declare the entire principal balance forthwith due and payable, and such entire unpaid principal balance shall bear interest at the date of default of fourteen (14%) percent per annum until such default is remedied. It is further agreed by and between the parties hereto as follows: ( 2) REAL ESTATE TAXES: /lq,Yl) (a) The Seller shall pay all general taxes for the/year of 1980, and all prior years thereof, and the 1981:taxes shall be prorated between the parties, to the closing date with Seller paying approximately 2/12 of the same and the Buyers to pay10/12 of the same. (b) the Buyers shall pay all general taxes that may be levied or imposed upon such property subsequent to the year of 1981, and to pay all installments of special assesments or special taxes or liens becoming due or delinquent after this date. The Buyer shall.be notified of the amount of taxes due and payable for such year; and the same shall be paid by the Buyers within 15 days of said notice. (3) DEED IN ESCROW: It is agreed that the Seller will execute.~. ~~:J a Warranty Deed on the above de~c..ribed property and that th~ OJX.V \ C-R",,,,..,^,C;et<,d j)'I,L""", LJllA.: O\,I;(CL"'~ Warranty Deed will be held by F~~~oi~ts~~ Crand-J~nd in escrow, to be delivered upon full compliance with the terms of this agreement. In the event of default by the Buyers in any of the obligations binding them hereunder, after Buyers have had thirty (30) days notice of such default and have failed to remedy the same. at the request Q:f the Seller, the Se~lelJ;*Y,~IJtl1;~s1l.e appro.priate legal or equitable remedies. (4) ASSIGNING OF AGREEMENT: It is further agreed by and be- tween the parties that this Conditional Sales Contract shall not be assigned to any other person without the written consent of the Seller which will not be unreasonably withheld, (5) INSURANCE: Buyers agree to procure and maintain in force during the period of this agreement, and any extension thereof, at their expense. standard fire and extended coverage insurance on t~epremises in the amount equal to the insurable value thereof. Any policy of insurance required hereunder shall contain a loss payable clause and the parties' interest shall