78008522 - Laserfiche WebLink

Browse

_3_ longer following the delivery of the notice of acceleration from Sellers to Hovers, Buyers remains in default, Sellers may thereupon re-take the premises and resort to foreclosure of any equity of Buyer in accordance with the proper provisions of law. 8. T2;e signed original of this Agreement, together wi#h a t~larranty Deed conveying the premises from Sellers fo Buyer in accordance. with terms hereof and the abstract shall be delivered to and held by the First National Bank of Grand island, Grand island, Nebraska, as escrow agenf: C)n payments becoming due after closing shall be made by Buyer to such escrow agent for the account of Sellers. At the time of making each January installment payment, Buyers shall pay the escrow agent its annual fee. Upon the making of final payment hereunder and full satisfaction of this Agreement by Buyers, the Bank is instructed thereupon to deliver the deed and abstract to Buyer. Buyer shall each pay the Bank's initial fee at the time - the Agreement; deed and abstract are deposited kith the Bank. Buyers shall be entitled at the time of .aa3ar~g final payment hereunder to withhold from such final payment an amount equal to any documentary stamp tax or other -_ tax. levied against the grantor in connection with deeds by the State of Nebraska ar thn Unified States of America. 9. This Agreement contains the entire understanding o<' t~Ze - pares and no modification or vaxiatian thereof shall be of any force and effect unless it be in writing and signed by the parties. The terms sad provisions hereof are binding upon and shall inure to the benefit of each reapeetive party sad his ar her heirs, personal representative, aucceasors and-assigns.