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<br />r <br /> <br />6. Buyet' ('e\ft.""" <br /> <br />:0 perform tne follewing obligations: <br /> <br /> <br />AGReEMENT FOR PURCHASE OF R~AL ESTATE <br /> <br />r <br />i <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />The undersigned Seller hereby sells to <br />following described real estate f6r~he <br />and conditions herein set forth, and <br />accepts said terms and conditions, <br />orice. and covenants to perform the <br />hereUl1der. <br /> <br />1 , The Seller is: THE CITY OF GRAND tSLAND, <br />municipal Corporation. <br /> <br />2. The Buyer is (whether one or more): <br /> <br />Leonard A. Williams... Jeanne R. Williams, <br /> <br />3, The legal description of the real estate (premises} <br /> <br />East One-Third (E ~~) ~...ot Two (?" and the ij.es.t <br />(W 1/3) of Lot One ell, Blo~'k Sevent~-Five <br />Town, ~ity of Grand ISland, Hall County, <br /> <br />4. The purchase price is One Dol1ar---($1.00)---, <br />payable at Closing. <br /> <br />5. The complet on of this Contract shall be <br />following: <br /> <br />ft. Buyer" ~ual1fying for a hCHne improvement loan to cove-r- <br />costs of' required improvements. <br /> <br />>..>. EtH: ::ale ,-:;C :7h~ pr--emi;;..;~!S b-eii2E a.~proved by .the-..... Conunanity <br />UeVel{)pment Agorley Advlsory Loromlttee and the ~ity <br />COllllCil ~f the lty ()f Grand Island, Nebraska. <br /> <br />A. To begin remudelirlg construction on the premises <br />wittlin 30 jays after Closing, suetl construction to be <br />~ul'~ua!!t L~ ~pecifioations shown on Exhibit <br />AH. lnCorpi)t'!:ltt:d ber"ein by rerer'ence. <br /> <br />B. To complBte r~mode]_1ng 8onstruction on the premises <br />witnin 18 montns after Closing. <br /> <br />10 ~iv~ in the premises for three years after Closing. <br /> <br />To permit CommunIty Developmerlt Ag8!lCY employees to <br />mO:lltor the construction work nn the premises during <br />r~~r:abil i t.~{t ten. <br /> <br />Te plant 3(10 ma~ntai~ 3 Zleat-appearing grass yard and <br />av~i1 the storage of garbage, trash or reflJSe on <br />-':.;a~,j '.far'd. <br /> <br />t:.hH <br /> <br />s a me <br /> <br />f:state <br />[)e,:;}ome <br /> <br />taxes and pecial <br />del.lnquent. <br /> <br />aSt)eS~.H;}en ts <br /> <br />r 0 pa y <br />bef0re <br /> <br />.~ ~ \ <br />:.1';"';" <br /> <br />r'ea 1 <br /> <br />J. 'fa pay the fee far recording ~he Buyerts Deed. <br /> <br />H. to pay all mortgage and iosurarlce payments ~ef0r'e the <br />same become (jelinquent. <br /> <br />r. <br /> <br />~~~:~n:h~}lt~7se~~~~~:~t~~rl~OM~~:S <br /> <br />before ,~O days after' the dat }f <br /> <br />on <)f the r' t~mis(~~~ ur.)on <br />losing :-tha~ bt~. ,:Hl H'" <br />hi Agreeme t, ~r'ovldell <br />