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AGREEMENT FOR SALE AND PURCHASE OF REPL ESTATE r THiS AGREEMENT, is made and entered- into this ^7`n day of September, 1982, by and between W;4LTER H_ KRUSE AND SHIRLEY M. KRUSE, husband and wife, SELLERS, and CLAYTON C. MEYER AND NANCY J. MEYER, BUYERS. ulITNESSETH: 1. That the:Selhers agree to sell and convey to Buyers and the Buyers agree jointly and sevErally to purchase and accept from the Sellers the following described real and personal property located in Hall County, Nebraska, together with the buildings and improvements Thereon, on the terms, conditions,.and covenants herein contained, to-wit: Lot Eight {8) in Fractionai Biock Seventeen (17) in Ashton Place, an Addition. to the City of Granddsland,.Hall County> Nebraska, as Surveyed,.Piatted and Recorded. 2. Purchase Price and Payment. The. purchaseprice for the real estate being-sold by the Sellers and purchased by the Buyers hereunder is Thrty- Three Thousand Five Hundred and No/IOO Doiiars {.$33,500.00):, which purchase prise the Buyers agree to pay as follows: R. The.. sum of One Thousand DoTTars (31,000.06) earnest money down'payment,.receipt of which is hereby acknowledged; B. Eleven Thousand Five Hundred Dollars.{.311,.500.00) at the time of closing. G. The balance of 321,000.00 bearina_ interest at 12%2 percent on the unpaid principal balance-is payable is one hundred eighty installments at the rate of 3258.83 per month credited first tp interes and he balance to principal. `Payments are to ;commence November 1Gth, 1982 and on the tenth of each month thereafter until paid-in full. The interes-o co}lected ib the November 10, 1982 payment will be far=the month of .October, 1982. A11 subsequent"interest will 5e paid. one"month ih arrears. D. ATl payments shall be .made co Seilers. E. I is understood and agreed that said property is subject to a first mortgage at Home Federal Savings and Loan Association, which: mortgage is not assumed 'by Boyers. It is the intention of the parties that said first mortgage lien shall remain as a lien'on the real estate and `shall be .'paid in<full_when.Buyers make their fnai-payment to Sellers:. Any increased interest rates shall-be born by Seders. 3. place of Payment. All payments due hereunder shall be made to Sellers. 4. Prepayment. The Buyers, without benalty,-may prepay any-amount at anytime without the-consent of the Sellers. I