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84-005945 84 ---\fOIl)8 r I In case the Buyers are in de~ault ~or a 60 day period on any payment due und9r this contract, the entire amount owing on this Contract shall become due and payable at once in the option o~ the Sellers. Buyers snaIl be entitled to written notioe ot the same i~ the Sellers elect to exercise the option to ma.k:e the-balance due under the Contract immediately due and payable. A~ter the option is exercised by the Sellers and reasonableaJld written notice is given to the Buyers, the Sellers maytorecloae this Contract in the manner provided by law for the foreeloS~e o~ real estate mortgages. The Commercial Na.tion~l B::'-1"lJr" & Trust Co. of- G-r=~r ;l:.a1~G'j~--~ Nebraska, is hereby designated as the Escrow AgentWU\erth;l.'$: Contract. All ~ees charged by the Escrow Agent shaJ.l-be~d equally by Sellers and Buyers. Upon payment by the Buyers o~ the purchase price 111 full, with all interest thereon, and upon the paymentbyt;he .. . ...... . . Buyers o~ all amounts which may be a.dvanced by Seller.s asiJhere~~~'i provided, and upon the per~ormance 1;y the Buyers otall COVe1'1aU~>; and conditions which, by the terme ;,,--' this Co.,traat,areto1be>... _ performed by the Buyers. the EZ3; :;" Age:..t shall delivertbe'~~i'if<;' Deed and abstract to tl:1", :Buyers, or their heirs,'.assign8,DC>1P1;'"'.~i" or successors. . ;\<~ It is understood and agreed that the Escrow Agent $haIl.l1ot be called upon to construe any Contract or instrumentsacco.lBpanytng~ this Contract and shall be required to act only as spec.:l.~ica.l1t . . . set forth herein. In the event of any dispute between i;heputre.s hereto, the Escrow Agent shall have the right to hold theDe.ed and Abstract deposited hereunder until its ~ees and expenses, including attorney fees if required, have been paid in ~ull; and until a mutual agreement has been reached between the parties or until delivery is legally authorized and ordered by ~inal judgment or decree of a Court of competent jurisdiction. General Agreement of the Parties 1. All rental income off the property and utility expenses shall be prorated to the Closing Date. 2. Sellers warrant that all furnaces and water heaters on the property shall be in good working condition. 3. Sellers shall furnish a termite inspection ce:t'tificate showing that t'18 property is free from live termites or any te;rmite damage. 4. This Con.ract may be assigned by the buyers or the Sellers without the written consent of the otherpartiea 5. Simultaneously with the execution o~ this Contract the parties are executing a Notice of Contract of Sale which may be recorded by Buyers at Buyers expense. 6. Sellers and Buyers respectfully bind their successors, heirs, assigns or nominess to the faithful performance of the terms of this contract. /:::/Dated this ~ day of i ;'/bg~~:;~l/~ / tiif:;~l f '-L ",f:,,'- L , .... ..~., . ,,( '.. tveJ.'fri. !elley - "