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83004975
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11/19/2008 6:29:56 PM
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11/19/2008 6:29:56 PM
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83004975
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<br /> <br />r <br /> <br />Exhibit A <br />to <br />Collateral Assignment <br /> <br />CONTRACT rOR SALE OF EEAL ESTATE <br />83!oa '.' {)04;g;'1;~" <br /> <br />THIS AGREEMENT, made and .entered iilto by an:dbetween <br />EOI:lERT o. FOX, hereinafter called the Seller, and VANH_~;r'1'l::, <br />hereinafter called the Buyer, WITNESSETH: <br /> <br />That Seller hereby agrees to sell and c:onvey tOBllyeranc;t, <br />Buyer hereby agrees to purChase from the Seller, an undivided'. <br />one-half interest in the fOllowing-described real estate iriItaLl <br />County, Nebraska, hereinafter called "the real estate": <br /> <br />Lot One (1), Desch Subdivision, being a part of tile <br />East Half of the Southeast Quarter (E~SE\) of Section <br />Twenty-Five (25), Township Eleven (11) North, Range <br />Ten (10) West of the 6th P.M., Hall County, Nebraska, <br /> <br />upon the following terms and conditions: <br /> <br />I. <br /> <br />The Purchase Price and Manner of Payment <br /> <br />A. As the purchase price for the real estate, Buyer agrees <br />t,o pay to Seller and Seller agrees to accept from Buyer the sum <br />of One Hundred Five Thousand Dollars ($105,000.00). <br /> <br />B, The purchase price shall be paid in installments and <br />upon the following terms ilnd conditions; <br /> <br />" (lne Hundred Eightv fl80) consecutive payments of <br />One 'l'housand One Hundred NinetY-'fhree Dollars (S1,193.00) each, <br />with the first payment due on October 1, 1983, and the remaining <br />payments due on the 1st day ()f each consecutive month thereafter <br />until the eretire principi1} balance, with interest on the unpaid <br />balance hereof from the <late hereof at the rate of eleven percent <br />(11 t) per ilnnum, is pa id in fu 11, all in accordance wi th the <br />attached amortization schedule which is incorporated herein and <br />made a part hereof by this reference. Each payment shall be <br />credited first to interest and the balance to principal. <br /> <br />2. After the maturity of this contract, whether bv <br />accell.H'ation or otherwise, it shall bear interest at the rate of <br />eighteen percent (18%) per annum. <br /> <br />3. In ~he event all interest payments are current, <br />the Buyer shall have the right to make additional advance pay- <br />ments of all or any part of the principal balance due hereunder <br />without penalty. Any partial advance principal payments as pro- <br />vided herein shall be deducted frOm the final payment due here- <br />under, and Buyer's obligation to make monthly payments as <br />prOVided herein shall continue without modification. <br /> <br />-1- <br /> <br />L <br /> <br />L <br /> <br /> <br />u <br /> <br />~ <br />
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