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79_ uU1U21
<br />CON'~'RA.Ci FOH SA1,r: OF REA1, ES'I'A"IE
<br />THIS AGREr.MENT, made and entered into by and betweer. Fred M. Janisch
<br />and Donna M. Janisch, Husband 4 Wife, hereinafter called the Sellers,
<br />and Ranlar, Ir.c., hereinafter called the Buyers, WITNESSETH:
<br />That Seller hereby agrees to sell and convey to Buyer and
<br />Buyer hereby agrees to purchase from the Seller the following described
<br />real estate in Hall County, Nebraska, together wits; any and all Smprove-
<br />ment and any personal proi:erLy thereon, hereinafter called ''the real
<br />estate":
<br />The Easterly One Third of Lot Six (6) and all 02' Lot
<br />Seven (7) in P1ock +33 in the Original Town, now City
<br />of Grand Islam , Hall County, Nebraska
<br />upon the following terms and conditions:
<br />I.
<br />The Purchase Price and Manner of Payment
<br />1. As the purchase price for the real eats*,e, Buyer agrees to
<br />pay to Seller and Seller agrees to accept from Buyer the sum of Sixty-
<br />Two thousand Dollars 062,000.00).
<br />2. The purchase price shall be paid in the following manner:
<br />(a) The sum of Five Hundred Dollars (:500.00) upon the
<br />execution of this contract, receipt whereof is hereby acknowledged bq
<br />the Seller.
<br />(b) The sum of Nine Thousand Five Hundred (19,500.00)
<br />Dol'_ara shall he payable on February 2'7, 1979, which is the closing date.
<br />(c) The balance of Fifty Two Thousand Dollars (35Z,000.Op}
<br />shall be payable at the rate of Five Hundred Twenty Seven Dollars and
<br />93/200----(3527.93) per month commencing February 24, 1979, and payable
<br />on the 2~+th Say of each month thereafter until February 24, 1999, when the
<br />entire unpaid principal balance and all unpaid interest accrued thereon
<br />shall be due and payable. lntermst on the unpaid balance shall be computed
<br />at the rate of ten and three-quarters percent (10.75x) per• annum an the
<br />unpaid principal balance, corrmencing February 24, 19'9, and each payment
<br />Shall include interes_ accrued to date of payment all in accordance with
<br />the ghh~rt-i~{j ~m :rt 1 oaf 1 nn ~nhe.rj,yt e.
<br />(d) Buyer shall have the right, wit*;~ut penalty, to make
<br />$ti3iLi'_~ral a_vsr.__ p.~;j:?:e.^.t° .`f 81~ _. anti -':lr, .. ,.. ;:~1„~ Lai balanC2
<br />due hereuneiPr or. ~+_nv n-rinr 1 n~ l ;??~'~!~i. ~ * ,+3«.~ _
<br />'.. .. -vt;i •;tG ~f pr .•_ .a.rv rz., s,^,all be
<br />pai!i to trio ~__.e_w _'.. fox i~'l, 3ran.1 islan:., "., .u. ha 66;...
<br />I[.
<br />;saxt•s and Yosses_ ion
<br />1. Seiler a~rrc-rs tc pay the general taxes accruing on the rea:
<br />estate on and before the date of closing, and B~.,yez• agrees to psy the
<br />general taxes on the real estate beginning with thr~ taxis accruing on and
<br />after the date of closing and all subsequent. years. Taxes for the year
<br />1979 shall l,~e pr,r•r~,Lr~:z tr• N~ . ~ .. •r a ,! _ . ~;:i;' t
<br />,: t~ss~d
<br />upon asser sme;,t:~ t'r:r• i ., ~.,..i :h[i~ ~ ., 1 ~..~ ._ _ . _,! :r,.
<br />~. Seller :ig,r+-~:, T.~ l ia~~er Csuyc~r lr. t,,,.;sE. ai.:r, ;, ;' t-hc' stove
<br />described real estate on the closing date.
<br />?. B!ryPr ages-.- `hat if it shall fail ::. ;sy tars before
<br />they become delinquent, ariy taxes agalriyt the real ert:~i,erc.r tt!e y°~gr' lu7u,
<br />or any subsequent year, Seller may pay said taxes and fire amount so paid
<br />shall become due and payable forthwith by the Buyer to the Seller without
<br />notice or demand and shall become a part of the principal due under this
<br />contract.
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