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<br />83-0050R5
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<br />Purchaser shall keep said property insured at all times against
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<br />10s8 b, fire, lightning, windstorm, explosion and tornado for at least the unpaid
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<br />balance of the purchase price and in a manner and for an amount to fully'
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<br />protect Seller. Said insurance shall be written in companiea acceptable to
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<br />Seller, and shall be in the name of Seller with purchaser under contract clause
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<br />Purchaser, and shall be made payable to the parties as their interests may
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<br />appear and provide the fint years paid up policy at the preliminary closing~
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<br />Seller shall pay the taxes and assessments on said property for the
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<br />year 1980 and all prior years, and Purchaser shall pay all subsequent taxes
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<br />and asseS8/IIents as the same become due and payable. Taxes and assessments
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<br />for the year 1981 shall be prorated between the parties as of March 1, 193I.
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<br />Should the reserve accWllU1ated for payment 0 f insurance and . taxes. not: be
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<br />"sufficient to pay !;.!lid items in fuLl, Purchaser agrees to pay upon d....and
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<br />the additional !UlIOUnt necessary for those purposes. Should the a.lllOunt so
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<br />acc"waulat,ed be in ex-cess of the amount needed for- t,hoae purposes, the excess
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<br />_y be applied to the reductIon of principal ,11' held for payment on future
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<br />insurance premiuma, tllxes and "s........"'.mt8 at tl"" option nf Purchaser.
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<br />Purchaser shall compiy with all valid laws and ordinances in
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<br />his use -nn<! occupant.:y of y.aid propecty, ~lnd agrees to not penuLt .a nuia-ance or
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<br />w,...te tllunwn.
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<br />The use of stn~t..l"r- hfCt'(:ln sh~ill i.n.-clud~ the plural J. and the
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<br />,,,... 01 ,,,,u.eulin.. "hi>ll In<: lude rhe f"",inine. This "Ilrel<lllent sball extend
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<br />to a-nd be bInding up~}n the h:elr~. ex-~,uto-rii. SUGCc>>sut'$. an-d aStilgJlel (}-f the
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<br />p.4rties hereto.
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<br />I f any pan of property 1" d""",lO<'<l or d""troy",d by Hr'" or other
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<br />ca.a.ualt)' lo-iu.~ S@:lJe,r t..;.h411 feft-turt~ the S:3QC to j ts pr~vi()-ufi c-ond.it!.Qo as soon
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<br />,u, rusonab1y \1<1<>;lib1", but in 'lilY ,""etlt by d()~inll ,jat": and if Seller is unable
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<br />to do Sb without fault, thi" <"<,utn,"t shall ter..inau: "lid "llrue..t lIlOney shall
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<br />be refunded wHi> no llrolu;r'~ fee d".,.
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<br />Upon l1utlhlinary <'l""lng, " (:<_lsliion of n. shall be paid by
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<br />Seller to Town" Country Real ty.
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<br />Purchaser sball keep "aid propelCty in good condition and repair at hit<
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<br />own expense, and shall not make <lilY ct~ug"a or ..tructural alterations in said
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<br />pn'p"rty without tbe written COIl6<lnt of Saller. Purchaser ..hall not be the
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<br />agent of Seller in lMking r..pairs or improve_uts, and no mechanic's lIens or
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<br />clailaa tberefor sh.all be valid agaiO$t Sdler, or a16ainst the inter<Ult o{ Seller
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<br />in Bald property. If any mect~nic's lien attache" to the real ""tate during
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<br />tbe tet'lll of this contract, the Purchaser agrees to indemnify the Seller should
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<br />au<:h IllOIchanlc's lien he forec10""d for the total expen"ell of such litm and the
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<br />(lost of defending such suit in<::Iudingattoro"ys fees.
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<br />It is aeltnovledged that the Sellers arc Uccuscd Nebra..ka Real
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<br />I!.IJt.llt.. A.aenta. holding vaUd 11__.... for the Sute or Net>ruka.
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<br />Tbe waIving .of any payments provided for herein, or the acceptance
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<br />l:tf the &I!lIll> at any ttQ other than all the regular pa}'lll.'nt date. or the faIlure
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<br />of Seller to insist upon pr<>IIIPt l,..don..u~" of any condit.ion or pro"i..ion hereof,
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<br />sballBOt cOWitltut.e a ...a!ver "r tbe right of Seller to insist "pon prompt
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<br />atid ~tual perfo~ce tl1erw&ftn.
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<br />An uecuted ",(lP)' of tbis "gra_nt, th.. general ",arranty deed herein
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<br />pl:ovidtld for. !::he ,,It,,tract of titl... or title ills...rance lint! all 1 ""un""'"
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