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I r v. 83- 004975 Escrow Agent A, Five Points Bank, Grand Island, Nebrask4, is hereby designated as the Escrow Agent under this contract. All fees charged by the Escrow Agent shall be paid equally by Seller and Buyer. B. Upon payment by the Buyer of the purchase price in' full, with all interest thereon, and upon the payment by the Buyer of all amounts which may be advanced bv Seller as herein- above provided, and upon the performance by the Buyer of all covenants and conditions which, bv the terms of this contract, are to be performed by the Buyer, 'the Escrow Agent shall deliver the Warranty Deed and abstract to the Buyer, or his heirs, assigns, nominees or successors. C. It is understood and agreed that the Escrow Agent shall be liable as a depository only of the deed and abstract herein- above referred to. No payments shall be paid to the Escrow Agent. It is understood and agreed that the Escrow Agent shall not be called upon to const.rue ilny contract or instruments accompanying this contract and shall be required to act only as specifically set forth herein. In the event of any dispute bet....een the parties hereto, the Escrow Agent shall have the right to hold the dCCld and abstract deposited hereunder until its fees and expenses, including attorney fees if required, have been paid in full; and until a mutual agreement has been reached between the parties or ~~til delivery is legally authorized and ordered by final judgment or decree of a Court of competent jurisdiction. VI. Generlll Aqreemcnt of the Parties A. Notice of Contract. Simultaneously with the execution of this contract~ the parties ~re executing u Notice of Contract of Sale which may be recorded by Buyer at Buyer's expense. ' B.. ~~ The Buyer agref.Js to maintain the SUbject premises in good condition and repair at all times throughout the term of the contract and to not "uffer nor to permit any unlawful use of, or any nuisance to exist: on, the property, nor to permit waste on the premises I 01' to do "ny other art in which the real estate shall become less valuable, or to comply with all require- ments of law with respect to the real estate and the use thereof. C. Risk of ',055. Risk of loss to the real estate shall be upon the Seller until the Buyer is placed in possession of the property on , 1983, as provided hereinabove, and thereafter shall be upon the Buyer. The Seller shall continue in force until closing, all insurance now in force on the real estate. In the event that prior to closing the building -4- - L L r F u ~