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79001905
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79001905
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Last modified
1/12/2010 9:26:58 PM
Creation date
1/12/2010 9:26:51 PM
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DEEDS
Inst Number
79001905
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~~~-,UU1905 <br />5. Seller agrees to pay all general real estat~_ taxes and <br />special assessments levied and assessed agar:st tite F~~em'ses to <br />February 20, 1979 and the Buyer ag~~ees tc assuT~e ~.r.d be <br />responsible for real estate taxes. and special. assessr,~nts n~:;reaft.er <br />assessed and levied against the above described i•ror~erty t-•' date ct' <br />this contract. Buyers agree to pay such taxes. befc:•^~ the -:-„-,e hecc~::e <br />delinquent and agree to provi-de the Sellers ~rrith a ccc~y ~~' the .receir ;s <br />they receive from the payment of the same. <br />b. In the event Buyer shall be or bECOme in det'su:t of the <br />prompt payment of any principal and interns. d;:e here .,d~-r or any reap <br />estate tax deposit required hereby, Sellers -;:ay at t~ ~•ir :•~^ior. dec ~a~r <br />the entire balance immediately due and payab;-e t:y de'_iver}:~~ to Ettyer <br />in person or by some form of Ljnited States ma.;l preriin:; fo:~ a r•e:t~;r~r <br />receipt, written notice thereof. From and after the c~--+~e of such <br />delivery, the balance due hereunder, together „pith an: advancements <br />of Sellers for real estate taxes, shall bear interest at th_ maxi*~Le: <br />legal rat°_. If, for a period of Fifteen (15) days or lar.F;er follevrinF <br />the delivery of the notice of acceleration from Sel]_ers ':o Buyers, <br />Buyers remain in default, Sellers may thereupon re-take `tie :;remises <br />and resort to foreclosure of any equity cf Buyer _n a~corciance wilt: t_he <br />proper provisions of law. .- <br />7. The signed original of this Agreement, together Sri±.h a <br />Warranty Deed conveying the premises from Sellers t:' =uyr r:, ir: <br />accordance with terms hereof and the abstract; shall t:' deli•;erec tc <br />and held by the First National Bank of vrand Island, NE , <br />as escrow agent. On payments become due after ~~los9.n, shall be mace <br />by Buyer to such escrow agent for the accaurt of ~ei'_<~rs. a` the tim<; <br />of making each January installment paymer_t, Buyers sl._1 pa_r the ~ecroaa <br />Agent its annual fee. L'pcn the making of :'final paymet_ t;ereu^-don ar,d <br />full satisfaction of this Agreement by the B~.aye.~s, tt:e Ba.~'•: is ins± _~~;~ _ <br />thereupon to deliver the seed and abstract ca Hu;~er. <br />B. This agreement contains the e:jtire urrlersr~nt9ing of thc• ~•art i. <br />and no modification or variation thereof shall to o_` arty force anc <br />effect unless it be in writing and signed by the, par*..jes. i;.e term=; ti-:~d <br />provision hereof are binding upon and shall inure to the t~=refit c~i' ea^y <br />respective party and his or her heirs, personal reps°esent-alive, <br />successors and assigns. <br />4. The Buyers agree to maintain fire and ex*.eniad coverage <br />insurance against the property, payable to the Bayern arc? :'e11er:• ;:; <br />their interest shall appear at the time of loss, for a tc`val sum c;' <br />not less than $ 7:~~~.~iCs and to pay the ,premiums there,'or. <br />The insurance policy, together with the loss payable clause, sha~~3 ter: <br />kept cu: rent by the Boyers and shall be deposited wit~i; the escrow 1;g:~nt <br />during the term of this contract or until the full e~;rchase price ~2as <br />been paid. <br />
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