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<br />r <br /> <br />AGREEMENT FOR PURCHASE OF REAL ESTATE <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />83-- 006103 <br /> <br />The undersi gned Seller hereby sells to the undersigned BUyer~,t-he <br />following described real estate for the price aod upon thetel"lliS <br />and conditions herein set forth, and the undersigned Buyer hereby <br />accepts said terms and conditions, agrees to pay the pUrcha~e <br />price, and covenants to perform the obligations of the Buyer <br />hereunder. <br /> <br />1. The Seller is: THE CITY OF GRAND ISLAND, NEBRASKA, a <br />municipal Corporation. <br /> <br />2. The Buyer is (whether one or more): <br /> <br />David William Harris, a single person <br /> <br />3. The legal description of the real estate (premises) is: <br /> <br />The Westerly Nineteen Feet (19') of Lot Three (3) and the <br />Easterly Nineteen Feet (19') of Lot Four (4) in Block <br />Thirty-One (31), Original Town, now City of Grand Island, <br />Hall County, Nebraska. <br /> <br />4. The purchase price is One Dollar---($1.00)---, payable at <br />Closing. <br /> <br />5. The completion of this Contract shall be contingent upon the <br />following: <br /> <br />A. Buyer qualifying for a home improvement loan to cover <br />costs of required improvements. <br /> <br />B. The sale of the premises being approved by the Community <br />Development Agency Advisory Committee and the City <br />Council of the City of Grand Island, Nebraska. <br /> <br />6. Buyer convenants to perform the following obligations: <br /> <br />A. To begin remodeling cO[lstruction orl the premises <br />within 30 days after Closing, such construction to be <br />performed pursuant to specifioaticns shown on Exhibit <br />"A", incorporated herein by reference. <br /> <br />B. To complete remodeling construction on the premises <br />within 18 months after Closing. <br /> <br />c. To live in the premises for three years after closing. <br /> <br />D. To permit Community Development Agency employees to <br />monitor the construction work on the premises during <br />rehabilitation. <br /> <br />E. To plant and maintain a neat-appearing grass yard and <br />to avoid the storage of garbage, trash or refuse on <br />said yard. <br /> <br />F. To pay all real estate taxes and special assessments <br />before the same become delinquent. <br /> <br />G. To pay the fee for recording the Buyer's Deed. <br /> <br />H. To pay all mortgage and Insurance payments before the <br />same become delinquent. <br /> <br />