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1 E., , ii ` ~ 79~'~Q43~~ t LAND SALE CONTRACT THIS AGRE~.•MENT is made and entered into this d day of July , 1979 by and between Richard G. Decker and Jayne A. Decker, husband and wife, as joint tenants, hereinafter referred to as Buyers, and Rendal H. Robinson and Debra A. Robinson, husband and wife, hereinafter referred to as Sellers. WITNESSETH: That the Sellers have this date sold and the Buyers nave th7.$ date pu~c.haSed the fe~iiviviiig described reai estate, t0-Wlt: Lot Five (5), Block "B",in Park Vie~~ Subdivision, located in the Northeast Quarter (NEB) of Section Twenty-nine (29) .and the Northwest Quarter (Ntd~) of Section Twenty-eight (28), all in Township Eleven (11), North, Range Nine (9) West of the 6th P.M., Hall County, Grand Island, Nebraska. Seller warrants to the Buyer that Seller is the owner of the subject property. The following are the terms and conditions of the sale and purchase of the above described real estate: The total purchase price of said sale is Forty-eight Thousand Dollars ($48,000), payable as follows: Six Thousand Dollars ($6,000) down payment upon the execution of this agreement, to include the Five Ljundred Dollar ($500) earnest money previously deposited with the Sellers by the Buyers; The balance of Forty-two Thousand Dollars ($42,000) to be paid at the rate of Four Hundred Forty-nine and 19/00 Dollars ($449.19} per month, said monthly payments to include interest at the rate of 10.b25 percent per annum, and said payments to be made for thirty-six (3b) months; the balance at the end of said thirty-six (3b) month period to become due and payable in a limp sum. The monthly payments to be made to Century 21 Wolfe & Associates the Ist day of each month beginning July 1, 1979, and said Century 21 Wolfe Fx Associates to make Sellers mortgage payments to Commercial Federal Savings and Loan Association. Buyers agree to assume the note and mortgage currently i.n effect upon said property being held by Conmercial Federal Savings and Loan Association, or in the alter- - native, to apple for and ohtain a new loan at the end of the thirty-six (36) month period above referred to.