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<br />r f'. <br /> a;J <br /> f'. <br /> Lr.: <br /> C <br /> - <br /> , <br /> m <br /> co <br /> <br />L <br /> <br />I <br /> <br />VII. <br />ESCROW PROVISIONS <br /> <br /> <br />1. Escrow Doc\lllellts. This COI'ltract shall be executed in <br />tripHcate with one copy to be retained by the Sellers, one copy by the <br />Buyer and the thi rd copy shall be deposi tad in escrow wi th theFll~' <br />State Sank, Rising City, Nebraska. as escrow agent. The Abstracts of Title, <br />after the s.. have been extended and examined by the Buyer's attorney, shall <br />be deHv.red to the escrow agent. All installtnent payllents. together with <br />any advallCeS 1114. by Sellers shall be made payable to the Sellers at a <br />locltion nailed by the Sellers. Upon piJlll8nt of the balance due on the <br />purdlase price herein provided. said escrow agent shall provide the Warranty <br />Deed to the Buyer and the !l.~ye!.2hal,l-::~E~"!~" ~!>_!~9t!l piytlllmt to the <br />Sellers the MOUftt Rtll.OO for docllllentary st..p)tax which is understood <br />to be the Sellers' obligation. In addHion. said escrow agent shall turn <br />O'tff Abstracts of Title to the Buyer. The Charge of the escrow agent, If <br />any. shill be paid equally by the Buyer and Sellers. If the Sellers exercise <br />Sellers' opt1on to declare the whole of the indebtedness under this contract, <br />together wtth any advances 1II40e by Sellers IS heretn provided, to becOllle Ind <br />be t~tltely dve and payable by relSon of Buyer's failure to pay ~unt <br />due under the contract. of if Buyer shIll abandon the real estate, Sellers <br />shill, within thirty (30) dAys of making such exercise of Sellers' option, <br />notify said escrow 1gent and said escrow agent, with the consent of the <br />Buyer, shall therellj)Ol\ i.-dlately deliver to the Sellers the Abstracts of <br />Title and the Ilarrll\ty Deed, herein above refer... to. and the Buyer shall <br />return to Sellers the Buyer's contract for conditional sale of G. I. ~ldin9. <br />1 f Buyer refuses to consent to de 11 very of such docUlllellts and the Buyer' 5 <br />contract for conditional s.le of G. I. Welding, then the Sellers shall <br />proceed to foreclose this cOfItract for the conditional sale of G. l. Welding <br />in the lIlMer provided for by 1.... <br />2. Duthl$ of the Escrow ~t Upon Default of Buyer. Upon <br />utisfactory proof of 8uyer's deflult in perforllling Buyer's duties and <br />obli9ltions IS provided in this contract. Ind in accordance with the provi- <br />SiOftS of Plrltrlpb 1 above, in this Paragraph VII, said escrow agent, shall <br /> <br />- 4 - <br />