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<br />r <br /> <br />I <br />I <br /> <br />84- <br /> <br />003837 <br /> <br /> <br />AGREEMENT FOR PURCHASE OF REAL ESTATE <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />The undersigned Selle~ hereby sells to the <br />follow i ng descr i bed real es.tate for the PI' <br />and conditions herein set forth , and the <br />accepts said terms and conditions, agr'eesto pay <br />price, and covenants to perform the obligations <br />hereunder. <br /> <br />1. The Seller is: THE CITY OF GRAND ISLAND, <br />municipal Corporation. <br /> <br />2. The Buyer is (whether one or more): <br /> <br />Gene L. Hollister & Patricia L. Hollister, <br /> <br />3. The legal description of the <br /> <br />Lot Four (4), Block One Hundred Fo y-Fi ve (145) <br />2nd Addition to the City f Grand Island, Hall <br />Nebraska <br /> <br />4. The purchase price is Two Hundred Fifty <br />payable at Closing. <br /> <br />5. The completion of this Contract Shall be contingent upon th-c <br />following: <br /> <br />A~ Buyer qualifying for a home improvem.ent loan to cover <br />costs of required improvements. <br /> <br />B. <br /> <br />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 />The house presently located at 611-611 1/2 W. 4th St.reet <br />to be moved to location legally described in this <br />Agreement in #3, and otherwise known as 603 E. Division <br />in compliance with specifications shown on Exhibit "B" <br />incorporated herein by reference. <br /> <br />6. Buyer covenants to perform the following obligations: <br /> <br />B. <br />,. <br />'--$ <br />D. <br />E. <br />F. <br />L <br />(' <br />." <br />11 . <br /> <br />A. To begin remodeling construction, on house to be moved by <br />Seller, on the premises within 30 days after Closing, <br />such construction to be performed pursuant to <br />specifications shown Q~ Exhibit "A", incorporated herein <br />by reference. <br /> <br />'ro complete remodeling construction on the premises <br />within 18 morlths after Closing. <br /> <br />To live in the premises [or three years after closing. <br /> <br />To permit Community Development Agency elDployees to <br />monitor the corlstr'uctiorl work on the premise~ during <br />r-ehabilitat.Lon. <br /> <br />To plant and maintain a neat-appearing grass yard arld <br />to avoid the storage Jf garbage. t.rash or refuse on <br />said yar-d. <br /> <br />To pay all real estate taxes and special asse~Smetlt.~ <br />before the same become delinquent. <br /> <br />fa pay the fee Co I' c€cof'ding the Bu)rer'l s rieed. <br /> <br />To pay 3.11 mOf'tgag-e arH1 .l nSlH'anc~.; payment,s <br />same become delinQuent. <br /> <br />t'<:'l-'t;:) t ~H? <br />