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~''~" its fit. i~ossessian of the premises a5ha11 ~;e s3F=livaered v,~ Butrer on or before the i st day of __-- ~~_:.~~ 1, ~v 5. Sellers agree to make ail pa3-:~ent req-aired on the eris`inQ mortgage entered into by the Sellers and E~r~itab'Q Dui' _ ? - ~ event Seller fails to make any of these ,:~rtgaje :;av~-~^ts, Buyer msy, at is _~, ~ t s - ,.. , ~. rn r -.. r er o er a e ex en o reep rye m~~ on a cu~-~€~ as~s'.~'* Sellers agree tc pay a3`I general real est-te taxes an special assessments levied and assessed against the premises to the date of tt;is .,vntr uct and the Buyc~ a a6rec t`v ~ssu,;,e a::d be t'e5yu"Y:- sible for real estate taxes and special asses scents hereafter assessed and levied against the above described property the date of this con- tract. Buyers agree to pay such taxes before the same become delinquent and agree to provide the Sellers with a copy cf the receipts they receive from the payment of the same. 7. In the event Buyer shall be or become in default of the prompt payment of any principal and interest Sue hereunder or any real estate tax deposit required hereby, Sellers may at their option declare the entire balance immediately due and payable by delivering to Buyer in person or by some form of United States mail providing for a return receipt, written notice thereof. From and after the date of such delivery, the balance due hereunder, together with any advancements of Sellers for real estate taxes, shall bear interest at the maximum legal rate. If, for a period of Fifteen (,15) days or longer following the delivery of the notice of acceleration from Sellers tc Buyers, Buyers remain 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. $, The signed original of this Agreement, together with a Warranty Deed conveying the premises from Sellers to Buyers in accor- - dance with terms hereof and the abstract shall be delivered to and held by the Goa~nercial Pdational Bank Grand Island ~yeb~aska as escrow agent. On payments become 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 the Buyers, the Bank is instructed thereupon to deliver the deed and abstract to Buyer. 9. This agreement contains the entire understanding of the parties and no modification or variation thereof shall be of any force and effect unless it be in writing and signed by the parties. The terms and provision hereof are binding upon and shall inure to the benefit of each respective party and his ot• her heirs, personal representative, successors and assigns: 10. The Buyers agree to maintain fire and extended coverage insurance against the property, payable to the Buyers and Sellers as their ~:ntere_st shall. appear at the time of loss., for a total sum of not-less than $15_noo_nn and to pay the premiums therefor. The `insurance policy, together with the loss payble clause, shall be kept current by the Buyers and shall be deposited with the Escrow Agent during the farm of this contract or until the full purchase price has -been paid. *~ F~~^ther, Seller agrees that iri no event shall the uutstar,ding balance cf this mortgage exceed the balance due hereunder by Buyer to Seller.