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ASSIG SENT OF CONTRACT
<br />WHEREAS, tiICHAEL B. JEFFRES and DIANNA 3EFFRES, husband and wife, here-
<br />in after referred to as "Assignors", have heretofore entered into a Contract for
<br />Sale of real estate and personal property dated 3une 4, 1975, with ARCHIE WOODWARD
<br />and NELLIE WEH3DWARD, husband and wife, by which the Assignors have purchased cer-
<br />tain real estate and personal property which is described in the Agreement for
<br />sale of real estate and personal property dated June 4, 1975, a copy of which is
<br />attached hereto, marked "Exhibit A" and made a part hereof, and,
<br />WHEREAS; At_ICHAEL E. .1FFFRES and DIANNA JEFFRES, Assignors, are desirous
<br />of selling and assigning all of their interest in Exhibit A to CLAIR NILSON and
<br />RITA WILSON, husband and wife, hereinafter referred to as "assignees",
<br />NOW, THEREFORE, it is agreed by and between the above named parties as
<br />follows:
<br />1. Assignors hereby agree to sell, transfer and assign to Assignees
<br />the Agreement for sale of real estate and personal property dated June 4, 1475, a
<br />copy of which is attached hereto, marked "Exhibit A" and made a part hereof,
<br />except that all personal is hereby being released by ARCHIE WOODWARD sad NELLIE
<br />WOODWARD to FSICHP.EL E. JEFFRES and DIANNA JEFFRES and no personal progeny is included
<br />in this sale except the front end alignment ramp and small air compressor, The
<br />Assignees hereby agree to pay the Assignors for such Assignment 'and subsequent
<br />eonveyance of the real property contained in the Contract of June 4, 1975, the sum
<br />of Sixty-Four Thousand Dollars ($64,000.00) payable as follows:
<br />a. Paid February 26, 1979 $ 2,500.00
<br />Assumption of Contract Exhibit A 30,814.84
<br />Cash at Closing 30,b85.1b
<br />$64,000.00
<br />b. Assignees will assume the remaining balance and payment
<br />schedule of the Contract of June 4, 1975, which is in the
<br />sum of Thirty Thousand Eight Hundred'Fourteen Dollars Eighty-
<br />Rur Cents ($30,814.84} and indemnify Assignors and hold them
<br />harmless therefrom.
<br />2. The personal property contained in the June 4, 1975 Agreement, is
<br />hereby released forever by the original sellers, and shall. become the property of
<br />Aasigaars.
<br />3. Assignors warrant that the Contract of sale of real and personal
<br />property marked '"Exhibit A"' is in full force and effect and Assignees agree to
<br />perLorm-all the -terms required of -them by tfie Contract of June 4,-1975 and to-make
<br />all of the payments as agreed therein and hold the Assignors harmless therefrom.
<br />4. Assignors further warrant that an Abstract of Title to the real
<br />estate involved in Exhibit A shall be extended to date and delivered to Assignees
<br />within twenty (20) days for examination if so requested by Assignees and that the
<br />Abstract of Title to the property shall thereafter be held in escrow with the Deeds
<br />of conveyance.
<br />5. Assignors agree to convey by Warranty Deed the real property des-
<br />- cribed in "Exhibit A", free and clear of liens, taxes, and encumbrances as of this
<br />date, except for the greviously described Agreement, to Assignees as joint tenants,
<br />not as tenants in co~non, with right of survivorship and to glace the Deed of Con-
<br />veyance together with as executed copy of this Assignment in escrow with Da-Ly
<br />Realty & Insurance Company, of Grand Island, Nebraska, hereby designated as escrow
<br />agent, the Deed of Conveyance to be delivered to Assignees upon payment of all
<br />-amounts-due hereunder. Assignors agree to provide Nebraska documentary stamps as
<br />may be required by the laws of the state.
<br />6. Assignees agree that they have examined "Exhibi[ A" and the Deeds of
<br />conveyance`hereto attached and made a part hereof and hereby agree to the terms
<br />herein 'cantainc3.
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