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~~ ~~i~Ntr,A~' ~~v ,.0'F:'~0Fi'~"~~IOt~Av Sr:~~ ~, .,~ ~•.~='~='"~' TfiZS AOREEi+~NT, made and entered into vi:ifi day ~.~ '{~r';~i , 19~, by and between Reae:se=r Cony*r:.:nrr :ia '=.:..a_~ ':pr,ra~c:_ ^rJ",~,Gr3t'.^n, ~4t8~S7ifilSx~DfHx9ttZax88x jat~4lixls~~si~8sxxfkMxLtt~zx2~thxxrvYx a~s~~.ADSa,,xsm~x~ 16lEA3DS1:SxtRx$i§IDmr8p1, herein called the "Sellers," and Larr°,~ Miley and William Liver cod, dba t'4 & L investment Cc. , hereinafter called the "Buyer" as follows: 1. Seller agrees to sell and Buyer agrees to purchase the following described real property: Lots One t1) and fiwc (2), in Block Seventy Nine (79), in Wheeler and Benneit's Thi_rid Addition tc the City of ^vrand Island, Ball County, Nebraska 2. Buyer agrees to pay as the total purchase price $19,300.00 as follows: a• $500.00 , which was paid to TOWn & Country Realty of Grand Island, Inc., on the 1st day of March 1979 , when an offer of purchase was executed by the Buyer. b. $1,500.00 , wj.th the execution of this contract, receipt of which is hereby acknowledged by the Sellers. c. The balance of the purchase price in the amount of $17,300.00 , shall be paid in 60 monthly payments on the 10th day of each calendar month hereinafter, with interest upon the unpaid balance at the rate of 11~ per annum in aer.ordance with the attached schedule of payments, marked Exhibit "A" attached hereto and incorporated herein by reference, with monthly principal and interest payments in the amount of $7-65.50 per month, with the balance of the princigal and inter- -.. est due being payable an the 10th day of march , 19 $~, as final payment hereunder. Payments a_^e to be made directly tc Regency Construction. d. Buyer reserved the right to pay the entire princigal at any time without any prepayment penalty paid to the Sellers. 3. Sellers agree to furnish an abstract of title to the premises certified to the date of this contract showing marketable legal title to stand in the name of the Sellers, subject only to easements and restrictions of record. Buyer shall thereupon immediately have such abstract examined by an attorney of their choice and sahll furnish Seller a copy of such attorney's title opinion. In the event a defect in the -title of Sellers appears of record, Sellers shall be granted a reasonable time in-which to cure same. In the euent such defect can not be-cured or can not be cured at a cost of the Sellers not to exceed $30C!•O(1- , the deposit made by Buyer and any additional payments -made under-this-cuntrxct-shall be refunded and neither party shall have -.any li.ab3lity to the other. 3a. Terms of this contract are 11% interest a[rx~rtized for 29 years with a balloon at the end, of five C5)-years or sooner. Upcn final construction of dwelling - at 523 East 15th, buyer will pay $5,000.00 to sellers for abstract arxi deed.