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CORk_ECTED LEGAL (6-15-82) <br />82-=t~IC~2~f'7 <br />AGREEMENT <br />This is an agreement for the sale of property, caith <br />the purchase price to '~e paid over a period of time. The <br />following are some of the specifics of thois agreement: <br />Date of this agreement: S -f7- O Z <br />Seller: Bobby D. [,~hite and Linda. M. White, husband <br />and wife, caho hold their interest herein as joint to"nants <br />caith right of survivorship anal not'as tenants in common. <br />Buyer: Joseph H. Tep1y and Doris J. Tep1y, husband <br />and wife, whc hold their interest he~.ein as joint tenants <br />with right of survivorship and-not as tenants in common. <br />Purchase ,price: $31-,000.00_ <br />Down: payment: X1,500.00. <br />Interest: -131: per annum. <br />Closing date: On or beforeMay 18, 198'x'. <br />Possession date: The date cf closing. <br />f% ~~ti',,Lscrew agent : Century 21 , Wolfe and Associates . X ~~ <br />n. ~. <br />~~wr~ ~~-~~ Property description: The West 72.6 toot of Lot511~_^,6! ~~ ~~~~ <br />~~:~t~ V and ~~~ Lot 13, Block 27, Gilbert's Third Addition to-, <br />Grand Island, ball County, ^+ebraska. <br />SALE: Seller hereby agrees to s~11 and convey to <br />Buyer, and Buyer hereby agrees tc purchase from Seller, the <br />property described above, upon the terms and conditions <br />hereinafter set forth. <br />PURCHASE PRICE: The purchase price i.s that amount <br />desert e a ove, w ich Buyer agrees to pay and Seller <br />agrees to accept.. <br />MANNER OF PAYMEtaT: The purchase ;:rise shall. he paid <br />in the o owLng'manner: <br />51,500.00 rtote,'paid April 1, 1982, in accordance r~ith <br />the purchase agreement, and converted Co cash on April 19; <br />1982. <br />$1,00.00 to oe oaid at tl~e time of closing. <br />The remaining 528,GOU.00 to be pai~1 ~:-, monthly c~~~-~= <br />meats of $309.74, which monthly paypments s'~~_<=. 1.1 i_ncluue <br />interest at the rate of-13~,per annum, computed monthl,~, on <br />the actual w~paid portiono£~the princi_pa1, plus one- <br />twelfth of the annual Caxes'and insurance. <br />The down payment described above Baas made on the date <br />of th:i.s agreement, receiptof~:hich is het i_.~ ac'.:nowled~ed <br />by Seller. <br />The balance small he paid i n monthly pz~ymrnts-'in <br />accordan~~e with a separate scheduL~~ computi~~g r;rineipal and <br />interest, which said s:_hedule is attached to and made a <br />:part of thus a~;ree;nent . <br />S~ith p~ymer_ts sha1.1 continue until June'18,198T, at wlti:h tame any <br />then rer~~~fniag valance of ;~rin~ipal and'any accured iatezest skull became: ~t <br />once due act yay~~b ie: 1r. L.>_~l_t. - <br />